To reiterate last week's 10 ideas, here they are:
Boots that use a slide/lock mechanism (Slide N' Locks)
I interviewed a total of 17 people and kept track of which ideas they seemed most excited about. I also kept track of how much each person said they would pay for each idea if it was realized into an actual marketable product. Luckily, Taylor was also there (the inspiration behind the product need) and I was able to interview him as well. Based on the feedback, I'll be moving forward with "Slide N' Locks", "RoboBoots", "Snowboard Shoes", "Burrito Binders", and "Combined Boots and Bindings".
Slide N' Locks received an average of $201.59 with 12 votes
RoboBoots received an average of $450.30 with 11 votes
Snowboard Shoes an average of $345.50 with 14 votes
Burrito Binders an average of $206.50 with 10 votes
Combined Boots and Bindings an average of $400.30 with 11 votes
Taken from REI's website, here is the description of the 3 types of bindings that currently exist:
Types of Snowboard Bindings
Snowboard bindings are divided into 3 general categories:
Strap bindings are the most popular. Straps (usually 2) secure each boot in place; the highback does not move. They feature multiple adjustment options, excellent support and cushioning. Chief downside: Manually buckling and unbuckling the straps can be difficult while wearing gloves or in very cold conditions. Strap bindings are generally suitable for both soft and firm-flexing boots. Prices run from low to mid-range.
Speed-entry bindings (also known as convenience bindings) look similar to strap bindings but have a reclining highback to permit relatively easy in-and-out boot access. It is a time-saving design preferred by many casual riders. Feet are stabilized by a yoke system that applies uniform pressure across the forefoot. Performance-focused riders sometimes feel this sacrifices board control. These bindings are generally suitable for both soft and firm-flexing boots. Prices range widely, from low to high.
Burton EST (Extra Sensory Technology) bindings are compatible only with Burton's Channel mounting system. They eliminate the restrictions of mounting with discs, allowing the rider virtually unlimited stance, width and angle options. Price is at the high end.
There is also a recently funded Kickstarter product that is the most similar to some of my proposed projects. However, it's not widely available.
Link to chart describing interview findings with product offerings (Benchmarking)
Link to chart showing projected material/manufacturing cost (Patents & Feasibility)