10 Emerging Products According to Value of the Society

Assignment No 3

Course title: Consumer Behavior Submitted to: Sir Fakhre Alam Submitted by: Muhmmad Aizaz Ullah Khan Date: 22nd January 2014 Roll # 32

Karachi University Business School

Emerging products in the next five year

1. Virtual Store: These are store that display their inventory on virtual shelves or on posters with chips embedded on them which allow user to buy by using their Smart Phones. And pay for them electronically. Need: Ease to access from anywhere ever you are, and time saving. Value: Family, Academic Institution 2. 3D Printer: It is a printer which prints 3D objects or products by using woods, metal and plastic Cartages. Need: Easy to print a objects for fun and academic purposes. Value: Academic 3. T.V Dinner: These are frozen dinner which just needed to be heated to cook and usually takes less than 15 minutes to be ready. These are really helpful in situation where time need to be saved and for working parents Need: Time saving, easy access to food Value: Family, Academic, Religious 4. Quranic Pen: This digital device allows users to listen to QURANIC verses, recognize verses on written text, and provides religious information about them. Need: Ease of access to QURAN and religious information. Value: Religious, Academic, Family 5. Pocket Projector: This is an extremely portable pocket projector. This can be connected to gadgets and data storage devices. Need: Academic presentations and also for family and friends media viewing Value: Academic, Family 6. Hybrid Cars: Hybrid cars use two engines, one gasoline run and the other electric powered. This provides better mileage and low pollution from cars and saves money. Need: Time and money saving, low emission and energy saving needs. Value: Family

7. O2M (Nail Polish): It is a new innovative nail polish designed by INGLOT Company which absorbs water and lets it wet the nails thus making WUZU possible. This product is selling enormously around the world due to this innovative idea Need: Cosmetics and religious values. Value: Religious 8. Google Glass: It is a pair of spectacles that allow user to gain information about anything which a user set its eye upon it. Need: Easy access to data, recognition and data display on nearly anything Value: Family, Academic 9. NFC Tags: NFC Tags allows users to transfer data, link us to our bank account and work as digital transaction device. This is mostly being used in cell phones to transfer data and also to pay for tickets, groceries and other normal transactions. Need: Ease of transactions and data transfer. Value: Family, Academic 10. Power Bank: This is a device whose emergence and use has been enormously increasing as it provides easy wireless charging to phones and other electronic devices as it stores the electric charge in it Need: Time saving, Portable energy and device charging needs. Value: Family, Academic