Date:
February 05, 2024
Customer: Erations Conglomerate
Product: Artifact
Products performance characteristics
The Artifact is an item created by a
manufacturer whereby that item is no longer for sale by the manufacturer, or
the manufacturer has discontinued production of that particular item. The Artifact is updated with new value
propositions so that the item could be used again in a modern context.
Products aesthetic characteristics
The Artifact’s physical condition is new
or second hand. If the Artifact is new,
the items Manufacturer’s Retail Purpose is preserved. For “new” it is rated 10 of 10 and the value
of the product is higher. It means that
the item has not been opened. If the item is second hand, this means that the
item is in good condition, and it has been repurposed with added value. Added value means that the item’s
Manufacturer’s Retail Purpose has been altered.
This could include the addition of accessories or a new color. Second hand items are rated below 10 of
10. For example, an Artifact with minor
scratches and scuffs can be rated at 6/10.
This means that the value of that item is less the value of the same
item that is new, rated 10 of 10.
An example below:
The Olympus m:robe is an MP3 player
designed in in the 2000’s. This item was
bought new at the price of $150.00. The
item was opened by the purchaser and as a result it became a second hand
good. The product is then bundled with
other accessories from another period of time.
The accessories that it was bundled with are: B&O Form 2I headphones, and a collectable
Tom Brady Card issued by TOPPS. Both the
bundled items become second hand goods as they are opened and bundled with the
MP3 player. Every item within the bundle
becomes an Artifact with an assigned value in dollars. The bundle also has a combined value
expressed as an Artifact Value.
Generally, the appeal of Artifacts are the reassigned value
propositions, in this instance nostalgia and lifestyle. Nostalgia because the Card represents the
products identity and lifestyle because it are making use of the discontinued
item (recycling).
Installation, configuration or fit of
product
The Artifacts are purchased from a
distributer in the best condition possible.
The products are placed together in a bundle. The product/s are used for their intended
purpose but also for the purpose of the added value (the bundle).
Packaging characteristics (if applicable)
The Artifact is presented via a picture placement. The item is displayed with its new value proposition within the photograph. There is also a description of the item/ (s) along with a value in dollars. The above are further published on a publication.
Applicable standards
Such goods (second hand) can come to the
possession of the owner via illegitimate means.
It is necessary to ensure that
evidence and proof are available contrary.
Applicable statutes or legislations
Sale of Goods Act and; By- Law No. 13183.
Similar existing product designs
Items sold at second hand shops or
secondhanded marketplaces.
Quality assurance
Product briefs are reviewed and approved
by the president of the company.
Prepared by: Timothy Luis. Date: February 05, 2024
Approved by: Timothy Luis. Date: February 05, 2024
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