theOfficialRJ
Contributor
I have an original idea for a product. The target customers are hobbyists from a very specific and small niche, yet big enough to make this product lucrative. (The Facebook group for this hobby has around 30K members). After a thorough Google and Amazon research session, I've concluded that nobody is currently manufacturing this product (or anything similar), and I couldn't find evidence that it has been manufactured in the past. There is obviously demand for this product as the members of this Facebook group are always resorting to D.I.Y. methods to solve the problem.
The following are possible roads I can take to bring this idea to life:
1. Build a prototype and get some members to test it. See if they like it, and go from there
2. Design and send blueprints to an overseas manufacturer such as Sourcify (if you know others, please comment below)
3. Build them myself and cut manufacturing costs (I'd be trading my time with this one).
4. Kickstarter to raise capital and build them locally
Which one of these would you recommend? Do you have any experience with any of the above? Do you have any other ways to develop the product that I haven't thought of?
The following are possible roads I can take to bring this idea to life:
1. Build a prototype and get some members to test it. See if they like it, and go from there
2. Design and send blueprints to an overseas manufacturer such as Sourcify (if you know others, please comment below)
3. Build them myself and cut manufacturing costs (I'd be trading my time with this one).
4. Kickstarter to raise capital and build them locally
Which one of these would you recommend? Do you have any experience with any of the above? Do you have any other ways to develop the product that I haven't thought of?
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