The Postal Vault product is unique in the category and stands alone in offering an injection-molded product that will maintain the integrity of quality over the test of time and against the elements of the environment. Other competitors are steel or plastic made products that often break down in the outdoor elements unlike an injection-molded material. Additionally, Postal Vault offers the only environmentally friendly patented interchangeable/decorative panel system as well as a ‘vault-like’ secure locking system unlike any competitor. Postal Vault has uniquely designed high tech features for the next generation of Postal Vault mailboxes with preliminary test marketing for the future.
Modular Panels & Accessories
The modular design creating decorative panel and tops opens up a revenue stream and versatility that will convert a typical one purchase item into repeat sales. This avenue sets Postal Vault apart from other mailbox companies both unlocked and locked.
Postal Vault has researched various in-house options for manufacturing the accessory line however as numerous improved simulated materials have become available in the home improvement space, it will be more likely to align synergies with a company or various companies already involved in this line of business who will tailor their design to Postal Vault's requirements to produce the proprietary panels, tops and very creatively unique designs.
The Postal Vault design also includes various functional panels that will enhance a variety of needs and create a multiple of accessories available for Postal Vault customers.
The company has developed preliminary engineering and is pursuing technology to lock up a homeowner’s “outgoing mail” via a patent pending “Postal Tag.” If just 1% (60,000) of homeowners with curbside mailboxes (60MM) subscribe to the technology at $10 per month, that calculates to $72MM in revenue annually.