Are you trying to get your new products made? Do you want to be a part of the product innovation revolution? We’ve created this blog to teach you what it takes to manufacture new products. We’ll have weekly updates on the state of manufacturing in China, how-to articles to show you how-to-do-it-RIGHT, highlights of clients who have successfully taken their product to market and what they’ve learned, and general business advice relevant to taking your product from the drawing on the napkin to national distribution.
Entering the hardware industry is no straightforward task and presents a range of challenges to any startup or entrepreneur that’s willing to throw their hat into the ring. Thankfully though, you’re not on your own and there are many others who have gone before you.
One factor that is easy to forget when you’re in the throes of creating something exciting is pricing. Often, startups and entrepreneurs will make the mistake of thinking that this is an aspect that can be left until the end when the design and costs have been finalized. This could be a huge mistake.
Ocean shipping means freight that you are sending internationally – across seas. If you hope to expand your business to an international market and start selling to a global market, then this is something you’re going to have to manage.
Once you’ve got your product in stores or online and people want to buy it, you then need to manage the process of delivering those goods to their end destination and ensuring that your customers can get hold of them.
In our holiday tradition, we present you with the Chinese calendar of public (and BSG) holidays for 2014. We hope this will help you arrange your business throughout the year. Best wishes from all of the BSG family, we wish the merriest of new year to you, and we happiness and prosperity in the year ahead.
If you really want to make a success of your product and turn it into something huge, then you need to think big and that means going international. While you can make a lot of money and achieve success selling in the US, the big money comes when breaking into foreign markets.
Getting noticed as a new startup can be a big challenge when you have no proven record and especially now that everyone is at it.
Of course it’s crucial, when you are an inventor or manufacturer, that you develop products with a conscience. That means ensuring that they are produced in an efficient and sustainable manner, that they are socially responsible, and most important of all, that they are safe.
When you sell a product, there is a lot more to think about than just pricing and distribution. While profit margins might be preoccupying a lot of your thoughts, it’s also crucial to think about the impact your product is going to have in other ways and particularly in terms of health and safety.
If you’ve had a successful Kickstarter campaign then congratulations. As you’re no doubt aware, at this point, generating interest and cash on Kickstarter isn’t easy and if you’ve been successful in doing so then you’ve gotten a lot further than a lot of people.