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Product Launch Hazzards – The Right Things in the Right Order with the Right Resources for Your Retail Success
Product Launch Hazzards – The Right Things in the Right Order with the Right Resources for Your Retail Success episodes
- The Ins and Outs of Product Tooling
If you are not just fabricating materials off the shelf and are going to use certain manufacturing processes to make your product, it will most probably involve tooling. Tooling requires a one-time fee that varies from product to product. It involves unique molding, stamping materials, or creating customized tools, fixtures, or mechanical device used to manipulate the materials of your product as it is being made in the factory– it takes many different shapes and forms, depending on materials used, or set manufacturing processes of each factory. With more than two decades of experience as product designers who have launched over 250+ products in mass market retail, we have dealt with a diverse product range from different niches, as well as a great variety of factories from all over the world with different manufacturing processes. We will guide you through the ins and outs of tooling for your product: which products don’t, and do require tooling, types of tooling for specific materials, estimated tooling price ranges, and a lot more.
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38 min - Amazon First Steps
Certified Amazon experts Jeff and Jenna of Turnkey Product Management teaches you how to market on Amazon faster with the definitive building blocks of a high-converting online store on the world’s biggest e-commerce platform. They apply these basic principles in their own Amazon production management company, where they help clients from a range of different industries with widely diverse product categories sell over $1,000,000 in total a month. Jeff and Jen give you the lowdown on why selling on Amazon is worth the time and effort, and reveal concrete fundamental solutions on how you can extend your reach by maximizing the e-commerce platform’s many useful features to prime potential clients with spending power to buy from your very own Amazon store.
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44 min - How to Create a Me Only Product with a Killer Unique Selling Proposition
We often talk about how having a Unique Selling Proposition (USP) for any brand is vital for product launch success. In the product design world, we also call a unique or original product as “Me Only Product.” When we say “Me Only,” it means that it is something that only you are manufacturing, that you are the only one selling it in the market, that you are the only game in town. It is easy to throw unique features, and all sorts of bells and whistles onto a product at the marketing stage and say that it’s the only one in the market– but being in the real “me only territory” means that you cater to your target market’s needs, that they are able to make an emotional connection with your brand or product– and doing it right entails a great deal of product development planning, which will definitely cost you a significant amount of time and money. Don’t worry, there are definitely ways to optimize the process, and that’s where we can help you. Learn what goes into making a me only product, how to best market it, and why producing one is the best way to up your brand value.
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22 min - Meet Branding and Video Marketing Expert Rick Cesari
After graduating with a degree in biology, our branding and video marketing expert Rick Cesari, founder of Direct Branding got involved into real estate marketing, and discovered that he had a knack for it– from then on, he continued treading the marketing path and branching out to other industries, approaching things with a direct response mentality. His passion for marketing and branding lead him to set up his own company back in 1989, where he became part of the team that made juicing popular to consumers, and in bringing other health products into mass retail. Since then he has contributed his expertise to help develop and market billion dollar brand names like the Sonicare, George Foreman Grill, Oxiclean, and many other consumer products, including, more recently, the GoPro. Get monthly access to Rick’s in-depth industry know-how so you can create and implement a solid business strategy that highlights your brand’s unique selling proposition in more ways than one before launching your product.
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25 min - What Comes First, Brand or Product?
So you have a product that you think will sell on Amazon, or through Walmart’s or Target’s shelves. Maybe you are still playing around with the idea, or you might be in the early stages of product design and development and you want to take a step back by asking which comes first before launching your product: is it branding, or perfecting your product? Many innovators, inventors, and non-business savvy people get completely shocked when we say that branding must come first. The truth is that many of the things involved in product development and the design process are expensive and time consuming.Discover why knowing your brand the first step in determining the best product design as well as in identifying the perfect retail price, and in knowing how to channel your marketing efforts in the most effective way possible.
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36 min - Meet Design for Manufacturing Expert Dennis Shaver
Our resident design for manufacturing (DFM) expert Dennis Shaver from Product on Demand serves you “inventreneurs” his invaluable industry knowledge and insight to help you get from mind to market to profit faster. Born and raised in a dairy farm in Michigan, Dennis has the unique experience and skill set honed by years of working side by side with his brothers and parents for the farm’s upkeep– during those formative years, he learned how to be resourceful when it came to repairing and inventing things as he dealt with both livestock and machinery. This has become a solid foundation for Dennis as he took on more advanced jobs throughout his flourishing career in manufacturing and production. He is eager to share with you how to increase efficiency and reach your business bottom line with solid planning, as well as proper communication across all units involved in manufacturing your product.
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32 min - Meet Product Licensing Expert David Liberstein
A self-proclaimed “serial entrepreneur,” David Liberstein of Dream Product Guru started his very first business that lasted 10 years while he was in college back in the 70’s. He monetized his passion for photography by making photographic note cards with inspirational quotes on them, first in a darkroom at his parents’ basement garage– until it grew into an operation with its own in-house designers that made up to $100,000 for half of the fiscal year as a young company. They joined trade shows where big companies took an interest in their designs, asking if it was possible to use their creations as prints for their products. That was how he started gaining experience both as a licensee, and as a licensing agent for his own company’s designers. From then on he took on other business and marketing roles, at one point helped with product licensing to put designs of characters from Looney Tunes, Betty Boop, Cirque de Soleil and others on starter bottles, set-up other businesses, and has helped product developers and inventors from various industries launch their dream products. Gain access to David’s wealth of valuable branding and invention licensing knowledge gained from over 40 years and counting in the business.
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37 min - Meet Design for Manufacturing Expert Dennis ShaverOur resident design for manufacturing (DFM) expert Dennis Shaver from Product on Demand serves you "inventreneurs" his invaluable industry knowledge and insight to help you get from mind to market to profit faster. Born and raised in a dairy farm in Michigan, Dennis has the unique experience and skill set honed by years of working side by side with his brothers and parents for the farm's upkeep-- during those formative years, he learned how to be resourceful when it came to repairing and inventing things as he dealt with both livestock and machinery. This has become a solid foundation for Dennis as he took on more advanced jobs throughout his flourishing career in manufacturing and production. He is eager to share with you how to increase efficiency and reach your business bottom line with solid planning, as well as proper communication across all units involved in manufacturing your product.32 min
- Pricing By Design: Formulas for How to Profitably Price your Products
Many of you probably think that product pricing is purely science, because it involves a lot of math, data, and pieces of information consolidated and analyzed to get optimal results. We are seasoned product designers and entrepreneurs here, yet pricing products is an ongoing struggle because it does not wholly rely on scientific data and mathematical formulas– identifying the perfect product price also relies heavily on human psychology, on ever-changing cultural, sociological, economic and political climates, and ultimately rides on how much you understand your target market’s behavior and what drives them. It requires making a thought-out plan with clear revenue goals based on your specific business model, on your product, and on proper timing, among other things to create a realistic profitable pricing strategy that will up your revenue. You can always schedule a call with us, or with one of our experts like Tim Bush so we can have a deep dive into feasible product pricing tailored to suit your specific needs.
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35 min - Avoid These Top 7 Market Research Mistakes
Our resident consumer market research expert Laura Hazzard warns product launchers about the top 7 consumer market research mistakes that can cause a lot of damage and possibly torpedo your overall business and marketing strategy. She packed in a lot of meaty information in a span of seven minutes, solidifying her excellent points on quantitative and qualitative market research fails and how to avoid them. Laura says that good market and product research sets the path forward to great product development, usability, distribution, advertising and marketing, building your brand, and ultimately selling more products for bigger profit. You can get a deeper dive into her market research expertise and use it to grow your business through our membership podcast, where she will happily answer all your market research concerns.
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8 min
About Product Launch Hazzards – The Right Things in the Right Order with the Right Resources for Your Retail Success
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…
not in your favor. 7 out of 10 consumer product launches fail; 14 out of 15 products on the home shopping channels fail; less than 2% of inventions ever make any money. In this podcast, and within the Product Launch Hazzards community, Inc. Columnist and product launch expert Tracy Hazzard, and industrial designer and product development expert Tom Hazzard, share the product launch formula, strategy, and resources that flip the odds and will make your product launch successful. The best products rarely win at retail, but the best product launch strategy does. After designing and developing 250 products that sold over 2 Billion dollars at ecommerce and mass market retail, the Hazzards know what makes a product launch successful. They know how to design out costs, how to design out risk, and how to design products that out sell the competition. Every week they will share the ‘the hazards’ of product launching, the keys to market fit, sourcing tactics, and expose you to the product launch team who really know what it takes to make it. International sourcing is full of pitfalls, what you don’t about product compliance, consumer product safety standards, proper documentation, strategic relationship building, you put your ability to deliver a safe, high quality product into the market, at great risk. Our experts have spent decades sourcing from Asia, and around the world. They share with you not only what can go wrong, but how to source your products using the best product development, quality control, IP security, and relationship building techniques. Tracy & Tom believe that turning your products from a liability to an asset, can build big brand valuation. With the right mix of product intellectual property – copyrights, trademarks, and patents, you can make your brand more valuable and competitive proof.Discover how the right things, in the right order, with the right resources defies product launch odds and will help you out design, our source, and out profit your way to retail success. Product Launch Hazzards is right for you, if you need help from a like-minded product launch expert community to teach you, support you, and answer your questions. If you need ongoing product launch advice, but can’t afford retainers, or the time to find and vet the right experts, then the free Product Launch Hazzards community is right for you. If you have been looking for a product launch mastermind in a no sales pressure environment, who will put you, your product, and your brand first, then please join us now.