Consumer spending on pets to reach $31.7 billion in 2016
Read more » Pet Health: Products & Service to 2016
Pet Health: Products & Service to 2016
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A Brand gives your IDEA value! | leoniemateer
Your first step in taking your idea to market is visualization – imagining your product or idea at its final destination.
In order for your product to be successful you need to expand your idea into a product line.
A product line (or category) captures real estate on the shelves and provides you and your company credibility and value.
A successful brand, once matured, can make you rich and famous.
You cannot continue to develop your product or idea without first developing your brand. The brand is going to determine the personality of the product and the packaging.
Read more » A Brand gives your IDEA value! | leoniemateer
Should I LICENSE my IDEA? | leoniemateer
I have successfully licensed a number of products into various products categories – clocks, games, calendar & toys. Here is what I learned along the way.
When you come up with a viable product idea you may have a choice:
• Licensing your product
• Manufacturing, marketing and selling your product yourself
So what are the advantages of licensing your product idea.
1. It takes away the pressure of you having to manufacture, market , and distribute the product yourself.
2. Reduces your development costs and gives you a royalty income stream. (5 -10%)
Read more » Should I LICENSE my IDEA? | leoniemateer
I have an idea – What do I do?
“The only qualifications you need to bring your product to market are: tenacity, hard work, and knowledge. Combine these with a positive attitude, a sense of humor, and a vision and you are ready to begin” excerpt from The Caboodles Blueprint.
Almost everyone has a great idea at some time in their life. It could be a new baby carrier or a new type of gadget.
Often people would tell me that they had an idea and a couple of years later they would see their idea sitting on a store shelf. “I thought of that!” they would say. “I could have done that”.
Read more » I have an idea – What do I do?
WON'T MY IDEA BE STOLEN?
I often get asked “What if my idea gets stolen?” or “If I show my idea to a licensor or a manufacturer what prevents them from just knocking off my idea?
This fear often has crippled a product inventor’s progress to such an extent that they are still fearfully holding onto their idea and instead of their product sitting on the shelf – they are still sitting on the fence and their idea has been frozen in time.
Read more » WON'T MY IDEA BE STOLEN?All Our News
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