youtalkmedia
Senior Member
- Dec 5, 2011
- 856
- 387
Hi BHW,
If you know who I am, you will know that I have been around for a while, and I focus on web development and social marketing.
I have had quite a bit of success with it, but it has always been a dream of mine to develop my own product, or line of products. So now that I have enough saved up, and I am earning enough off of my other ventures, I am going for it, and trying to make my product.
I decided to go into the apparel/accessories market, and create something that is unique.
I got my domain and branding all set up, and spent the last week going around and asking people in the business what sells best, why, and showing them ideas for what I want to make. From my top 5 designs, with a ton of help and feedback from people in the field I narrowed/altered down to two designs.
Tonight I just sent out for samples to be made for the two designs. There will be a 5 day lead time, then most likely around a week shipping (shipping DHL from China).
I will choose one of the designs and spend between $500 and $1000 to get the first 100 of the product made. Once that is done, I will launch my product on Etsy, and try my best to get it in some brick and mortar stores. (Even if i make no profit margin in the stores)
My goal for the first year will be to get feedback and to get my product seen by as many people as possible. The cost per product will drop rapidly the more I can order, so my primary focus will be to increase the amount of sales I can make.
I have spent a ton of time promoting other people's products, so now it is time to try promoting my own.
If you know who I am, you will know that I have been around for a while, and I focus on web development and social marketing.
I have had quite a bit of success with it, but it has always been a dream of mine to develop my own product, or line of products. So now that I have enough saved up, and I am earning enough off of my other ventures, I am going for it, and trying to make my product.
I decided to go into the apparel/accessories market, and create something that is unique.
I got my domain and branding all set up, and spent the last week going around and asking people in the business what sells best, why, and showing them ideas for what I want to make. From my top 5 designs, with a ton of help and feedback from people in the field I narrowed/altered down to two designs.
Tonight I just sent out for samples to be made for the two designs. There will be a 5 day lead time, then most likely around a week shipping (shipping DHL from China).
I will choose one of the designs and spend between $500 and $1000 to get the first 100 of the product made. Once that is done, I will launch my product on Etsy, and try my best to get it in some brick and mortar stores. (Even if i make no profit margin in the stores)
My goal for the first year will be to get feedback and to get my product seen by as many people as possible. The cost per product will drop rapidly the more I can order, so my primary focus will be to increase the amount of sales I can make.
I have spent a ton of time promoting other people's products, so now it is time to try promoting my own.