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In general, most, if not all of you here right now are at different stages of product development. Some of you might be drafting your ideas, some of you might be on the invention phase, some of you might be in prototyping phase. Maybe you already have a new product out in the market, or maybe you are looking to expand your SKUs and your brand as a whole. Succeeding at every stage and knowing for sure if someone wants to buy your product requires a great deal of market research, which comes in many different forms, including doing a quantitative survey, focus group discussions, and lots of others. Laura Hazzard guides you through the foundations of market research from methodologies, data analysis including how and when to do them so you can learn how to use maximize your resources and get the most out of your product launch.
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Certified Amazon Expert Brenda Crimi helps product launchers and business owners like you determine if Amazon is the right platform to sell your product. From the lens of an experienced and successful Amazon seller, she starts with the reasons why you should consider launching your brand on the e-commerce giant’s platform because it brings great exposure, builds brand awareness, and the data availability from product to market, which will automatically give you customer feedback so you can adjust your marketing strategies accordingly. She then dives into reasons not to sell on Amazon, which mainly touches on product fit for the platform. Do not go into your business industry blindly and let experts like Brenda guide you on how to best plan your tactics and launch your product.
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Two of our legal experts on Office Hours, Attorneys Jason Webb and Rich Goldstein, have both emphasized the need to do a thorough assessment of one’s overall business strategy before considering filing for a patent because it can both be a daunting and costly process. With over 38 patents (pushing 40) under our belt as product designers, Tom and I have pretty much mastered how to make a business case for patenting products under development in our business. We have learned that patents should be filed only when you are truly sure of selling or commercializing your idea or product, especially if you are a small business owner, product innovator or inventor up against bigger brands with deeper pockets. Grow your business by learning how to maximize intellectual property, and knowing how to make the crucial business decision of whether you should patent your invention.
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Maybe you have a fresh idea or product concept that is underway, and you are thinking whether filing for patent will help you and your business. Attorney Rich Goldstein, founder of Goldstein Patent Law has over 25 years of experience as a patent attorney, has advised over 10,000 inventors and entrepreneurs from different industries on patenting, and has an impressive record of having over 2,000 patents approved under his belt. Over the course of his career, he has learned that the costliest part about patents for inventors, product designers, or business owners is their misinformation about the patent process. Rich discusses the patent process, utility patents, design patents, as well as other useful tips and information to help you determine whether your idea or product is worth patenting so you can avoid wasting precious time, money and effort.
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From the publisher's feed
Explore the retail and ecommerce product launch formula to out-design, out-source, and out-profit your competition. New Consumer product launches are inherently risky, and the odds of success are…