The Dan Gar Talking Tip Jar consists of a container that serves the purpose of storing coin and paper money offered as gratuity, and features identification on its housing that it serves such purpose. An audio speaker is contained within its base, and is connected by wire to a magnetic metal strip that is featured within the interior circumferential opening of the Dan GarTalking Tip Jar. This magnetic strip is also connected by wire to the unit’s battery power source.

When an object is placed within the Dan Gar Talking Tip Jar, the magnetic wave produced by the circumferential strip is violated, which induces operation of the audio speaker, which then broadcasts messages from an included microchip that stores recorded verbal responses. These messages can range from a standard acknowledgment all the way to humorous replies, and the Dan Gar Talking Tip Jar can even be made in various formats that provide different types of verbal responses, not to mention variations in size, shape and design of the unit itself.

Millions are tip-reliant for income, and they all will want the Dan Gar Talking Tip Jar!

Features & Benefits

Of

The Dan Gar Talking Tip Jar

Features
  • Cylindrical jar with open top made of high density polyethylene.
  • Internal audio speaker at base of jar.
  • Gridded slots on exterior face of jar base for audio transmission.
  • Internal audio microchip with pre-recorded verbal messages.
  • Magnetic metal band about the open circumference of jar top, connected by wire to microchip and battery.
  • Battery compartment in jar base.
  • On/off switch.
Benefits
  • Insertion of objects into jar breaks magnetic wave field generated by magnetic metal band.
  • Insertion of objects activates microchip and audio speaker.
  • Provides verbal message upon acceptance of gratuities.
  • Ensures that gratuities are acknowledged even when not visually noticed by intended recipients.
  • Provides an impetus to customers to offer tips.
  • Helps low-income employees increase the funds that constitute the largest portion of their wages.
  • Reminds customers when they are within fields of business that are gratuity expectant.
  • Rewards customers for their offerings.
  • Encourages more frequent tipping.
  • Can be made in various sizes, shapes, and designs, and with various verbal messages.
  • Can even dissuade theft from tip jars by its speaker activation upon insertion of any object.

Wholesale Industry

Of

The Dan Gar Talking Tip Jar

SIC / Industry / Companies / Annual Sales
(in $ Billions)
5046 / Commercial Equipment, NEC / 8,521 / $15.369
5087 / Service Establishment Equipment / 18,037 / $14.779

The Dan Gar Talking Tip Jar can be distributed directly to restaurants and other food service establishments with the other relevant merchandise carried by the Commercial Equipment wholesale industry.

The following chart shows the recent sales history of the Commercial Equipment merchant wholesale industry:

Source: U.S. Bureau of the Census

Annual sales of this industry grew 10.68 percent in the last five years.

Distributors of Service Establishment Equipment can provide the Dan Gar Talking Tip Jar to countless other consumers of potential use, such as beauty salons and barber shops.

The following chart shows the recent sales history of the Service Establishment Equipment merchant wholesale industry:

Source: U.S. Bureau of the Census

Annual sales of this Service Establishment Equipment wholesale industry grew 24.68 percent.

Retail Industry

Of

The Dan Gar Talking Tip Jar

SIC / Industry / Companies / Annual Sales
(in $ Billions)
5943 / Office Supply Stores / 14,668 / $25.012

The Dan Gar Talking Tip Jar can be sold with other small business equipment by Office Supply Stores

The following chart shows the recent sales history of Office Supply Stores:

Source: U.S. Bureau of the Census

Office Supply Stores enjoyed a 31.01 percent sales increase in the last five years.

Other Potential Retailers of the Dan Gar Talking Tip Jar

SIC / Industry / Companies / Annual Sales
(in $ Billions)
5411-0102 / Mass Merchant Grocery Supplies / 94 / $4.187

Potential Need

For

The Dan Gar Talking Tip Jar

The Dan Gar Talking Tip Jar provides an impetus that is greatly needed.

  • Too many people don’t realize how tip-dependent service industry employees are. Either they don’t realize the importance of tips, don’t find them applicable to certain types of restaurants, or just simply forget to offer them. This has brought about negative effects on the workers, and leaves their employers to take drastic actions.
  • For example, many restaurants began including calculated tips on final bills, only to learn that many customers didn’t realize the gratuity was already included. This only resulted, in some cases, in customers actually paying over 30 percent in tips without realizing it. Because many establishments found this to be unfair, the practice has ceased. This hasn’t changed the low-wage situation of the workers, though.
  • The Dan Gar Talking Tip Jar can provide the reminder without any risk of unfairness to customers. Its visual presence and verbal response can ensure that customers are reminded of gratuity obligations, and adequately thanked for them.

The Dan Gar Talking Tip Jar can serve a primary need of millions of workers.

  • Tips and gratuities mean much more than a compliment to the millions that work in different service fields. Even the U.S. Department of Labor acknowledges that “tips comprise a major portion of earnings” for the Americans employed in restaurants, bars and many other service industries.
  • And because they earn tips, a majority of these employees are paid far below the minimum wage by their employers. Many companies within the service industry class are only required to pay their employees $2.13 per hour. This leaves these food and beverage industry workers, who average only $6.42 an hour in total pay, very reliant on tips, which comprise over two-thirds of their total income.
  • The Dan Gar Talking Tip Jar can provide these 6.5 million Americans employeed in the food and beverage service industry with the additional security they need to ensure consistency in income – and can provide their customers with a little entertainment, as well!
  • Waiters, waitresses and bartenders aren’t the only ones who rely on tips as a major portion of their income, though. For example, for the 800,000 barbers, beauticians and cosmetologists employed in the U.S., 39 percent of their income comes from tips. Taxi drivers, who number 176,000, are another gratuity-reliant working group, and count on tips as 25 percent of their wages.
  • Each of these fields is expected to grow, too. The number of barbers/beauticians are expected to increase 15 percent, taxi drivers are expected to grow 20 percent, and food service workers should expand 25 percent by 2010.
  • With such rapid growth in these employment fields, which are highly reliant on gratuities to constitute such large portions of earnings, the need, request and sales of the Dan Gar Talking Tip Jar can be just as high and rapidly growing.

Sources: Restaurants, U.S. Bureau of Labor Statistics and Occupational Outlook Handbook.

Potential Consumer Base

Of

The Dan Gar Talking Tip Jar

The Dan Gar Talking Tip Jar can be used by practically all of the millions of businesses in the U.S. whose employees are tip-reliant for a substantial portion of their income.

Smaller groupings from these major classifications can be identified, however, based on the potential of placement of the Dan Gar Talking Tip Jar within such environments where transactions are directly conducted by or in the presence of the server.

On this principle, select subsectors of major industries can be more applicable for use of the Dan GarTalking Tip Jar. In those subsectors, in which the roles of server, bill collector and payment transaction operator are all performed by the same person, the Dan Gar Talking TipJar could ease these transactions, and desirably so by its tip-reliant employees.

A dominant industry selection for application in potential consumer identification would, of course, be restaurants and food service establishments. Very clear subsectors of this industry are small business dominant, in which all services including bill payment are performed by one server and in the presence of the customer.

SIC / Industry / Companies / Annual Sales
(in $ Billions)
5812-0100 / Neighborhood Ethnic Foods / 5,920 / $1.098
5812-0200 / Dessert Stands / 1,013 / $0.323
5812-0201 / Concessionaires / 1,714 / $1.456
5812-0202 / Frozen Yogurt Stands / 673 / $0.111
5812-0203 / Ice Cream Stands / 10,037 / $1.453
5812-0204 / Snow Cone Stands / 388 / $0.025
5812-0205 / Soda Fountain Stands / 164 / $0.015
5812-0206 / Soft Drink Stands / 160 / $0.032
5812-0303 / Chili Stands / 154 / $0.037
5812-0304 / Coffee Shops / 12,500 / $4.619
5812-0309 / Food Bars / 142 / $0.048
5812-0312 / Hot Dog Stands / 1,903 / $0.162
5812-0314 / Snack Bar / 1,295 / $1.480
5812-0315 / Snack Shop / 371 / $0.068
5812-9901 / Buffet Eating Places / 2,248 / $3.382
5812-9903 / Caterers / 22,324 / $8.773
Total of Most Applicable in Industry / 61,006 / $23.082

Barroom establishment employees are also tip-reliant, and the many small companies within this trade can employ the Dan GarTalking Tip Jar.

SIC / Industry / Companies / Annual Sales
(in $ Billions)
5813-0001 / Neighborhood Bars / 11,842 / $2.778
5813-0100 / Lounges / 1,729 / $0.385
5813-0101 / Drinking Places / 3,359 / $1.911
5813-0102 / Beer Gardens / 89 / $0.041
5813-0104 / Taverns / 11,176 / $3.285
Total of Most Applicable in Industry / 28,165 / $8.4

Most personal care personnel are also tip-reliant, such as in the very large industry of hair and beauty care, and many of these employees also collect and register payment.

SIC / Industry / Companies / Annual Sales
(in $ Billions)
7231-0001 / Beauty Shops / 178,901 / $9.568
7231-0101 / Cosmetologists / 5,257 / $0.191
7231-0103 / Facial Salons / 3,546 / $0.184
7231-0104 / Manicurists & Pedicurists / 30,752 / $1.323
7231-9901 / Hairdressers / 25,143 / $1.474
7241-0001 / Barber Shops / 34,208 / $1.196
7241-9903 / Hair Stylists for Men / 1,237 / $0.052
Total of Most Applicable in Industry / 279,044 / $13.988

One entire industry can use the Dan GarTalking Tip Jar, as its service of transportation and the collection of fees are all done by the same person and in the presence of the customer.

SIC / Industry / Companies / Annual Sales
(in $ Billions)
4121 / Taxi Service / 3,184 / $1.281

Charitable organizations of all types can use the Dan Gar Talking Tip Jar to provide impetus for donation collection and to provide thanks upon such collection. As a sample of the many non-profit organizations that can use the device, please note this brief listing of charity management organizations, which can directly purchase the Dan GarTalking Tip Jar and provide it to its regional offices and clients to aid in their fund collection.

SIC / Industry / Companies / Annual Sales
(in $ Billions)
6732-0001 / Miscellaneous Charitable Trusts / 1,662 / $1.443
6732-9901 / Charitable Organization Management / 677 / $3.856
6732-9902 / Educational Charities / 373 / $1.584
6732-9903 / Religious Charities / 81 / $0.375
Total of Most Applicable in Industry / 2,793 / $7.258

Sources: U.S. Bureau of the Census, U.S. Bureau of Labor Statistics and ZapData.

Cost and Price Estimates

For

The Dan Gar Talking Tip Jar

All estimates for the possible costs and prices of a new, yet-to-be-manufactured item are very difficult to estimate. This difficulty is due to potential variations in the costs of initial materials, the rate of production for the item, and its initial consumer demand. Moreover, research on estimated costs and prices is very restricted so as to avoid improper disclosure of the Dan Gar Talking Tip Jar while still in these beginning stages.

In order to provide further detailed information for consideration, however, such estimates should be offered. The “Best Estimate” enclosed within is primarily based upon pricing of similar products (when possible) by this applicable manufacturing category, current cost of necessary materials, and average value added for the applicable manufacturing industry.

These estimates are subject to change and are enclosed only to offer a preliminary means of evaluation of product value for the Dan Gar Talking Tip Jar. Of course only you, the manufacturer, could properly determine the costs and prices.

The estimates on potential costs and prices for the Dan Gar Talking Tip Jar throughout the line of distributors could be:

Low Range / Mid Range / High Range
Materials Cost
/ $2.93 / $3.66 / $4.57
Manufacturer’s Cost / $7.31 / $9.14 / $11.42
Wholesale Price / $12.29 / $15.36 / $19.20
Supplier’s Price / $16.96 / $21.20 / $26.50
Retail Price (MSRP) / $24.79 / $30.99 / $38.79

REMINDER: It is extremely important to remember that the above costs and prices are only estimates. Actual costs and prices can only be determined by manufacturing companies with a good understanding of their own production capabilities and by suppliers and outlets, based on the final prices offered to them.