Perhaps I'm breaking the rules but, I could use a hand from my yahoo friends.?

I recently developed a home appliance for the home water piping system. It will detect a leak anywhere in the home in a matter of seconds, and shut the water off, and protect from damage and loss of personal goods. I am a designer and know nothing about sales and marketing. After contacting these firms I find that it could cost more than the developement cost to survey and determine the market base. Here's what I'm asking:


1- do you think this is a worth while device to have in your home?


2- if you could save a few bucks on your home owners insurance policy, would you consider it worth while?


3- the cost is less than the cost of replacing carpet in one room. Is this a reasonable price?


4- there are no batteries, remote sensors or any other devices required to maintain or service. If the power to your home fails, it turns the water off, because the furnace will not operate and the plumbing system could freeze. If you need water , a manual by-pass feature is provided.


thank you

Perhaps I'm breaking the rules but, I could use a hand from my yahoo friends.?
1 yes but not very essential





2 could be but you would have to get the insurance companies to agree to lower rates for this device. They HATE to lower rates





3 sound too high to me





4 no question here just a sales pitch.
Reply:A electrical solonoid installed in the main water supply with a "sail switch",or pressure disk to shut power off to solonoid valve ~~~~~ hmmm ---- I have seen some other systems that will do this too. Might fly ---- worth the try ----keep after it.


Good Luck
Reply:Hello it has potential to make money but would properly need to retail at £69 / £99, you can do some cheap market research by doing surveys. The Gov give grants for business start up look at there website it might help, also if you are under 30 princes trust can help. maybe try hotels and big buildings for your surveys
Reply:I think its a great idea, lots of people have problems their water piping, I think under $100.00 would be a great price for it. I like the insurance idea, and I would put one in my home.