Visa's 'Tooth Fairy Application' for smartphones caters to a technologically-savvy group of children and parents. Those who download the tool receive data on the going rate for teeth, to be dispensed in secrecy by the tooth fairy of course.
Surveys measured by the Visa conglomerated determined the average price of baby teeth based on parent's gender, educational background, residence, age and income bracket. This information is in turn relayed to users of the Tooth Fairy Application, allowing them to predict the amount of money that will likely be placed beneath pillows.
According to the research, each tooth is valued at approximately $3 in the U.S. Interestingly enough, the studies reveal that wealthier parents tend to stick to rates that fall below the average.
Baby Teeth Smartphone Trackers
Visa's Tooth Fair Application Allows Kids to Monitor Market Prices
Trend Themes
1. Smartphone Tracking - Disruptive innovation opportunity: Develop advanced smartphone tracking technology to monitor and collect data on various aspects of daily life.
2. Personalized Applications - Disruptive innovation opportunity: Create personalized applications that provide users with data and insights based on their individual preferences and characteristics.
3. Data-driven Insights - Disruptive innovation opportunity: Utilize data analysis and surveys to provide valuable insights and predictions to users in various domains.
Industry Implications
1. Mobile Technology - Disruptive innovation opportunity: Develop cutting-edge mobile technologies and applications that enhance user experiences and provide personalized solutions.
2. Market Research - Disruptive innovation opportunity: Revolutionize the market research industry by leveraging advanced data collection and analysis techniques to deliver accurate and real-time insights.
3. Children's Entertainment - Disruptive innovation opportunity: Create innovative and interactive entertainment platforms and applications for children, leveraging technology to enhance engagement and learning experiences.