My brainchild's alive, and I'm PUMPED!! :groove:
The product I've been working on the for the past several months, for which I sent around rough prototypes for evaluation and feedback, for which I tweaked and honed, for which I had real prototypes made, is alive!
I've been working pretty closely with a retailer in LA who really liked the first prototypes I made, and really really liked the second prototypes I made. He's committed to placing an order.
This first order is more of a "feeling out" exercise. We'll learn:
He's taking on all the risk, so I'm willing to defer my profit in exchange for getting these into his hands quickly so we can sort out the real value to the end user.
It will be interesting to see how this plays out. We're not sure where to put MSRP because there's nothing else like it out there, but we've got a pretty good idea based on offers for the first prototype. Random people wandering into his store have seen my first prototype on display and have made offers ranging from 4X to 10X what it cost me to make it. He's told them it's not for sale, but the next iteration will be.
This is it. I hope they buy it in droves.
The product I've been working on the for the past several months, for which I sent around rough prototypes for evaluation and feedback, for which I tweaked and honed, for which I had real prototypes made, is alive!
I've been working pretty closely with a retailer in LA who really liked the first prototypes I made, and really really liked the second prototypes I made. He's committed to placing an order.
This first order is more of a "feeling out" exercise. We'll learn:
- What specifically the end users will be interested in
- What price point each configuration will support
- How my supply chain responds to (regrettably) low volume orders
- How quickly these sell to the buying public
He's taking on all the risk, so I'm willing to defer my profit in exchange for getting these into his hands quickly so we can sort out the real value to the end user.
It will be interesting to see how this plays out. We're not sure where to put MSRP because there's nothing else like it out there, but we've got a pretty good idea based on offers for the first prototype. Random people wandering into his store have seen my first prototype on display and have made offers ranging from 4X to 10X what it cost me to make it. He's told them it's not for sale, but the next iteration will be.
This is it. I hope they buy it in droves.
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Djiist
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