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Just Got An Awesome Manufacturer Connection - No Minimum I Don't Even Have to Pay Up Front

Discussion in 'Making Money' started by Cnotey, Dec 25, 2012.

  1. Cnotey

    Cnotey Power Member

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    Hey Everyone, Cnotey here.

    Typically I don't deal in physical products. But in my business, contacts are everything. I just represented a client who owns a product manufacturing company on the side. He offered me an awesome deal, $200 for product design and virtually no markup. I don't even have to pay for tooling or setup fees up front.

    There's a catch though, the products have to be either metal, plastic, polyurethane, or glass. And he can only run a tool run with one base at a time.

    I can always think of a million software ideas, but since being presented with this opportunity, I cannot think of a single physical product that would sell well.

    I am trying to think of simple products, so I can be below the $30 price point and still get away with 50% markup. His manufacturing costs obviously go down with more volume, and cost is based off of base mass, not tooling runs, etc because its all automated.

    Anyone have any ideas?
     
  2. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

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    Have a look on ebay, you might get some ideas. Something ornamental or decorative might sell.
     
  3. Cnotey

    Cnotey Power Member

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    Yea, I was looking at something decorative for tablets or something, but can't really nail it down to anything.
     
  4. unclemike

    unclemike BANNED BANNED

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    I am really trying to think how the raw materials could be used. Its a new perspective to
    think about the products as raw material. Like the advice the 2nd poster recommended looking on eBay is a nice idea.
    Sign up for terapeak is a good way to get some market insight on selling. I think it is free for 7 days then you will want
    to cancel so no charge.

    Cheers
    Mike
     
  5. Cnotey

    Cnotey Power Member

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    I'm not sure I understand what you mean about the raw products. The products can be any one of those raw materials, not the final product itself. Meaning, I can make anything as long as it is out of glass, plastic, metal or polyu. 50% of consumer products are made from these materials.

    In any case, good suggestion regarding terapeak.
     
  6. Moneyman94

    Moneyman94 Junior Member

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    Is the poly done with injection molding, if so you have a world of opportunity available to you. Be careful with the manufacturer, make sure you have the only rights to the product and the tooling so he isnt taking your good idea and selling the product on the side. I dont know him and I am not saying he will do that, just some friendly advice.
     
  7. Cnotey

    Cnotey Power Member

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    Yea injection molded. Thanks for the words of advice, but I'm not worried about him selling my products. I just represented the client for a huge chunk of money, it's kind of like my 'bonus' for the project. In any case, everything will be on the up and up. Everything will be done with PO's and contracts.

    What ideas do you have for the polyu?
     
  8. abhi007

    abhi007 Jr. VIP Jr. VIP

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    correct me if i am wrong is your product in the fmcg line?
     
  9. Cnotey

    Cnotey Power Member

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    No fmcg here. He's a completely automated manufacturing shop. No electronics.

    Most of the stuff on his line currently is children's toys, sporting goods, and army gear.