Whilst it may have been an easy, or difficult task, coming up with a product or a business idea mass producing it and selling it in the market place is the next step. At least you have a solid idea, maybe it’s something that the world really needs. If that’s the case then you are asking the right questions. However, the answer is not a simple one. Historically products have found their way into the market place in a varieties of ways, some more by luck than by judgment. One thing that you can do is shorten the odds by having a decent Marketing Strategy Consultant in your corner. This is where Really Helpful Marketing can make all the difference.

Image credit

 

One of the first things that you can do is look at what historic examples you can find of how others got their products or business ideas out there for people to purchase. You’ve invented this product, you should know what market you want to place it in. Go on to some online communities and invest in some books on the market. Make sure that you have a good business plan in place so that you can show to potential investors what your projections are. This is a balance as you don’t want to go too ambitious with the figures or be too measly. This is where an accountant can come in handy.

Image credit

 

Make sure as well that the product is patented and trademarked. The last thing that you want is for someone to come along and develop the idea over you. There have been cases, rare cases, where people have come up with the same idea at the same time. It’s why no one is really sure who invented the Television as several inventors have a claim to it.

By ZsuNC

Leave a Reply

Your email address will not be published.