Product Startup

048 - As-Seen-On-TV Products & Product Licensing, Bill McAlister of Top Dog Direct - The Product Startup: Product development for small business

04.11.2017 - By Kevin Mako of Mako Design + InventPlay

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Bill McAlister is President of Top Dog Direct, one of the most successful marketers of “As Seen on TV” products. Bill and his team are constantly on the look-out for the next hit consumer product and they meet with at-home inventors regularly.

 

Bill discusses what direct response television (DRTV) marketers look for in consumer inventions and how an at-home inventor can get a product to market without breaking the bank.

In this episode, we learn about

* The 14-Day JUST START Challenge

* Bill's experience in QVC and HSN

* The essential elements of a good As-Seen-on-TV pitch

* How to determine if your product will be successful

* The role of patents in product development

* How to compete without a patent

* How to know who to trust in the product development space

* The advantages of licensing and downsides to rolling your own product

* The "as-seen-on-TV" audience and the grow of the Millenial generation  

* The positioning of Amazon in ecommerce, and consumer expectations

* The appropriate cost of goods vs the sales price

* Sample royalty rates in as-seen-on-TV products  

* Other reasons for people to pursue licensing

Links and resources mentioned in this episode

* Website: topdogdirect.com

* Social Media

* Twitter: @TopDogDirect

* Facebook: facebook.com/TopDogDirect

* Instagram: instagram.com/topdogdirect

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