Invent With Me

16. Getting Your Invention Into Retail! The PROVEN Method.


Listen Later

Send us a text

Discover the ultimate retail game plan that will open doors at independent retailers and propel your business into the big leagues! Join us on the Invent With Me Podcast as we dive into a strategic blueprint designed to captivate inventors and entrepreneurs alike.

Questions? [email protected]

By popular demand... introducing Grant's "Invent With Me" Patreon.
-You may want to join if...
1. You have an invention idea but don't know where to go from here...
2. You need access to engineers, lawyers, inventors or manufacturers.
3. You need inspiration and weekly tips to bring your invention to the market and start making 7-figures from your idea.
https://patreon.com/InventWithMe?utm_...


Unveiling the secrets of retail success, we explore the pivotal elements of pricing and presentation. Your product's appeal to customers and retailers hinges on how it's perceived – from its visual impact to the compelling business proposition it offers.


If you've grown weary of the "just go viral" mantra touted by others like Marcus and Grant, you're in for a refreshing change. In this episode, we're joined by the exceptional Craig McManis, the visionary inventor behind Magnet Pal, who has harnessed an unparalleled retail strategy. Craig's success isn't limited to one product; he's mastered a system that consistently brings products to market with resounding success. His latest innovation? The groundbreaking CleanEze™ Visual Water Flosser – yes, you read that right, a water flosser with a built-in CAMERA!


Step 1: Packaging. Learn the art of presenting your product in a way that entices wallets to open. Whether you opt for a simplistic, rugged, or sleek design, discover the experts who can help you bring your vision to life. Join us for an inspiring journey into the world of retail strategy and product presentation that could transform your invention into the next big thing.


Step 2: Crafting a Persuasive Sell Sheet

Next up is the creation of a compelling sell sheet, a front-page masterpiece that succinctly conveys your product's achievements, competitive edge, and proven track record in the market. Your sell sheet should be a persuasive gateway that leaves no doubt about your product's value proposition.


Step 3: Tailoring Favorable Terms

When it comes to pricing and terms, consider the size and scale of the retailer. Offer pricing options that align with their needs to create a mutually beneficial arrangement. If your product costs $10 to manufacture, consider a wholesale price of $20 per unit, allowing the retailer to sell it at $39.95. This win-win pricing strategy, combined with free shipping, sweetens the deal and paves the way for success.


Here's an enticing bonus: Temporary or Permanent Displays!

Take your retail game to the next level by showcasing your product through eye-catching displays. Whether you opt for a DIY creation or enlist professional design ser

The Invent With Me Podcast, where each week we help aspiring inventors and product creators to turn their innovative ideas into reality. Join us on youtube to have the ultimate show experience! www.youtube.com/@inventwithme

...more
View all episodesView all episodes
Download on the App Store

Invent With MeBy Marcus and Grant

  • 5
  • 5
  • 5
  • 5
  • 5

5

7 ratings