Friday, May 22, 2020

Product Description, Current Market Condition And Analysis

PRODUCT DESCRIPTION, CURRENT MARKET CONDITION AND ANALYSIS Product description Bike locks seems to be a disadvantage to bikes as bike components are being made light weighted but the security lock are still the same heavy weighted. To overcome this problem Litelok are discovered. Litelok is an innovative bike lock that is designed to secure the bike. Boaxflexicore was combined with patented inline lock to invent a litelok. It has less weight as compared to heavy-duty U-locks as those weights may be 1 kilogram. It is different from those lightweight locks that can be easily slashed by the cutter. It is designed to withstand the attacks of cable cutter, bolt croppers and saws. This litelok is developed by keeping in mind the users’ need that they can avoid carrying heavy -duty locks which are a discomfort. There is no lock in the market that can provide security and flexibility at the same time as compared to litelok. Features ïÆ'Ëœ Flexible-This lock is very flexible as it is easy to secure and it can be fixed on even hard surfaces like tree trunk, railing, and fencing and lamp posts. ïÆ'Ëœ Light Weight- It is lighter in weight as it is just 2lbs in weight and it was made keeping in mind the lighter weight material. ïÆ'Ëœ Easy to Carry- It is very easy to carry as it is portable as it provides two wrap straps that are attachable to the bike. ïÆ'Ëœ Unique- This lock is unique as it is made up with the innovative material like straps and most of the other litelok are made with chains.Show MoreRelatedExport Plan1053 Words   |  5 PagesExport Plan Template A. Cover page B. Table of contents C. Executive Summary D. Company Description 1. 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