Scrapbook Product
Designer/Manufacturer
Many scrapbooking products were designed
by scrapbook
enthusiasts, who saw the need for a product
and filled
it. Product designers can either license their idea to
a larger manufacturer or take the plunge
and start their own company!
Success stories abound in this industry about
people who went
from an idea to a multi-product corporation. And
if you’re
the next success story, prepare for profits!
Of course,
going it alone also means an investment of time
and money, so
be sure you have both before starting your
company.
What types of qualities does a product
designer need? Above all,
creativity is the best thing you can offer.
Perhaps you’ve
come up with an excellent new die cut. How
about inventing
a new pair of decorative scissors? When you’re
a product designer, literally anything is
possible.
You need to find a niche that hasn’t been
filled. Then do product
research. See if your idea is feasible and what
kind
of investment you’ll need to make in order to bring it
to reality.
Use the library or Internet to locate
information about your product.
While conducting your research, you'll notice
that
products with a good reputation or success story
are easily
located. That's because companies who've
had success
with a product are not afraid to boast about
it.
Rely on your experience. All great success
stories begin with a person
that has knowledge or a great interest in the
product they're selling. Is the product
interesting to you? Will you use it
on a continuing basis? What is the life
expectancy of the product? Do you know people
that are familiar
with the product?
Contact a scrapbook supplier and tell them
about your idea. See if
they think it has marketable potential. A word
of
caution here – don’t be too specific about your new
idea. You don’t
want to risk someone “honing in” on your
new invention.
However, an informed opinion about the
product's potential in
the marketplace and value is possible after you
have
gathered all the information possible. All you
really need to
know now is if there is a real need for this product
in the
marketplace so do not rush into making a decision
prior to
bringing all of your tools to bear analyzing the
item.
Back to Scrapbook Business
Types
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