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.
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.
3D Printing is a fantastic tool for anyone looking to create custom products, either for their own personal use or in order to sell. It puts the power of manufacturing in the hands of the masses and is already causing huge ripples throughout numerous industries – as well as being featured regularly in the news.
Funding is a subject often talked about with lots of debate. Many entrepreneurs are not comfortable giving up a large chunk of equity to get that starting cash. If things go well, it certainly can seem like too much was given up.
As a business person, the most exciting part of your work is likely to always be seeing the way that your products or services impact on the world and change the lives of real people.
Kickstarter is a great way to get your project off the ground and to get funding that you might otherwise struggle to get; but to get those critical early funds for your business, there are some important things to know about doing it right.
Companies can end up spending a lot of money on market research and customer feedback, which should tell you just how important both of these things are. With the right information, you can get a better idea of how to improve your product and where to invest your time and money in order to get the best results.