Get your idea made - PCA10
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How to go from an idea in your head to a physical product in your hands. We discuss sourcing, product development, China, and more.
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Get your idea made - PCA10
- 1. Peter Keller @petekeller peter@fringesport.com
- 3. Process 1. Ideation 2. Factory Identification 3. Qualification and Pricing 4. Product Development and Production 5. Shipping and Sales 6. Feedback Loop
- 4. Ideation Blue Sky vs. Sourcing play vs. Tweak Fixed vs. variable cost structure Feasibility of low production runs Domestic vs. China
- 5. Factory Identification Alibaba Panjiva Trade shows (Canton Fair) Sneakier methods
- 6. Qualification and Pricing Factories vs. Traders Hot Porridge Principal 3 Sources vs. Raw Material Method Payment terms Delivery Should I go to China?
- 7. Product Development and Production The EXPENSIVE free ride QA
- 8. Shipping and Sales Freight Forwarding Air Ocean Customs Liability Sales channels
- 9. Feedback Loop Often overlooked Create meaningful changes in product 2nd round pricing negotiations
- 11. Case Study: EdgeStar v. Frigidaire $249 retail <- $125 landed $179 wholesale -> Same Factory Same Production Line SAME FRIDGE
- 12. Case Study: Gym rings 1 US sourcing $7k for tooling + variable cost + straps China $2500 for 100 sets landed in Austin
- 13. Case Study: Gym rings 2 US Manufactured Imported straps No fixed cost Co-dev
- 14. Case Study: Pullup Rig Ground-up design Low variable cost Factory flexibility
- 15. Case Study: Speed Rope Tweak Market differentiation
- 16. Project: CrossFit Watch Blue-sky project
Notas do Editor
- Get Your Idea MadeLeveraging Chinese Engineering and Manufacturing for Physical Productshttp://productcampaustin.org/pca_sessions/get-your-idea-made-leveraging-chinese-engineering-and-manufacturing-for-physical-products/
- IdeationFactory IdentificationQualification and PricingProduct Development and ProductionShipping and SalesFeedback Loop
- IdeationFactory IdentificationQualification and PricingProduct Development and ProductionShipping and SalesFeedback Loop
- IdeationFactory IdentificationQualification and PricingProduct Development and ProductionShipping and SalesFeedback Loop
- IdeationFactory IdentificationQualification and PricingProduct Development and ProductionShipping and SalesFeedback Loop
- IdeationFactory IdentificationQualification and PricingProduct Development and ProductionShipping and SalesFeedback Loop
- IdeationFactory IdentificationQualification and PricingProduct Development and ProductionShipping and SalesFeedback Loop
- IdeationFactory IdentificationQualification and PricingProduct Development and ProductionShipping and SalesFeedback Loop
- Get Your Idea MadeLeveraging Chinese Engineering and Manufacturing for Physical Productshttp://productcampaustin.org/pca_sessions/get-your-idea-made-leveraging-chinese-engineering-and-manufacturing-for-physical-products/
- IdeationFactory IdentificationQualification and PricingProduct Development and ProductionShipping and SalesFeedback Loop
- IdeationFactory IdentificationQualification and PricingProduct Development and ProductionShipping and SalesFeedback Loop
- IdeationFactory IdentificationQualification and PricingProduct Development and ProductionShipping and SalesFeedback Loop
- IdeationFactory IdentificationQualification and PricingProduct Development and ProductionShipping and SalesFeedback Loop
- IdeationFactory IdentificationQualification and PricingProduct Development and ProductionShipping and SalesFeedback Loop
- IdeationFactory IdentificationQualification and PricingProduct Development and ProductionShipping and SalesFeedback Loop