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I had a 10th grade education,
no money or experience and I did it so can you! You can read my story below
to get an idea of how different I approach things. Get the real deal scoop on
how to sell to Walmart. Understand what buyers look for and how to get noticed.
This does not mean your product will make it on the market or on the shelves
of Walmart. You will never hear me give you a guarantee of any kind. No one
can, if they say they can..... RUN! And if someone offers to market your product
or invention for an up front fee.....Run even faster!
Fact is over 90 percent of new products fail on the market place. Good news
is, there is that 10 percent that do make it. My tips are straight forward and
very easy to understand. You will find I give both the positive and negative.
Be ready to face your inter self and like Dr. Phil says... Get real. I don't claim
to be a good writer because I'm quite awful. Since you are not here on my lap,
the only way for me to get this information to you is by writing my experiences.
I am honest and also very straightforward in my work. If you are looking for
someone to argue or debate with then this is not the right place for you. If
you want an honest truly unique strategy then go grab a coke, tea, coffee, whatever
fits your fancy and relax because you got a lot of work ahead of you!
My Buddy and Me
Got an idea for a cool promotional product? Read how this entrepreneur
turned her simple idea into a successful business.
Entrepreneur's
Start-Ups magazine - September
2000
By Don Debelak
URL: http://www.Entrepreneur.com/article/0,4621,278341,00.html
Inspiration can strike at the oddest times. For 35-year-old Cindy Jones of Oklahoma
City, it happened on Halloween back in 1996, when her husband came home with
a Mr. Potato Head on his car antenna. Jones thought it was cute, so she took
the idea one step further: She cut up a plastic pumpkin, put it over her antenna,
played with the wiring, and voila, she had a lighted pumpkin on her car. "People
were coming up to me, wanting to know where I bought it," Jones recalls.
Since then, Jones has had her product, dubbed Antenna Buddies—currently
available as an eight ball, a pair of dice, a banana man and a happy face—featured
for two years on MTV's Road Rules, has signed a licensing agreement with a major
neon light manufacturer, and has received orders from the J.C. Whitney catalog
and auto electronic stores. What's propelled her success? For starters, Jones
worked through a manufacturer to introduce her product since she lacked the
funds to introduce it herself. More important, though, she's got the perfect
promotional product—one that's proved capable of landing accounts with
major companies.
Jones wasn't in a position to spend a lot of money on a product that wouldn't
sell. So she created 15 Antenna Buddies at home and put the product up for sale
at David's Electronics, a car stereo store in Oklahoma City. When the 15 units
sold out in less than two weeks, Jones got an investor and applied for a patent.
Problem was, Jones had no manufacturer. "I didn't have any idea how I was
going to make the product," she admits. And even though major retailer
Radio Shack helped out by providing her with three solid leads to manufacturers
of novelty automotive lighting products, she wanted to be sure to get the best
deal.
Gaining Publicity
Jones' next move proved ingenious. Rather than try to raise money and manufacture
her product all on her own, she decided to try to land a major publicity story
to verify Antenna Buddies' potential in a lucrative market. That's where MTV
came in and helped out.
Oh, it was by no means a simple task to get her product on the Road Rules show—think
major hemming and hawing and a lukewarm reception to the first samples she presented
to them when she flew out to the West Coast to show them her product. With persistence,
though, she discovered what they wanted: something Southwestern. Enter a cow
skull that finally made it onto the grill of the Road Rules trailer, which,
by the way, gets quite a bit of airtime. "Rather than walk away,"
says Jones, "I just kept asking what they wanted to see."
What was probably most important for Jones was that her target customers, teens
and young adults, also constitute the bulk of MTV's audience, a fact that was
certainly not lost on the manufacturers she later approached for help with her
product.
Jones pursued all three manufacturers suggested by Radio Shack-and all three
made offers. The winner was It's Real Stuff in New York City. Jones' main concern
was that "the manufacturer just wouldn't work hard enough for the product
to really succeed." So she insisted in her contract that she would receive
a commission on any promotional product sales. Now Jones, who is closing in
on a deal with Disney, gets royalties on all product sales and a commission
on the sales she completes. Best of all, she doesn't have to worry about manufacturing,
billing, collecting, financing and all those other pesky tasks.
The potential for a major promotional product sale proved to be the key in attracting
manufacturers, Jones learned. The risk to the manufacturer is greatly minimized,
and all parties involved stand to benefit. Promotional products need to be able
to display a company's name in a dramatically visual way. Remember to check
out the promotional product potential on any product—it may be the jumpstart
you need for your product.
The Antenna Buddies had a red-hot launch, but Cindy Jones will soon face competitors.
Protecting her patent could cost a lot. One option she can pursue is patent
insurance, which can help mitigate the cost for patent infringement suits:
Advertising specialties is another term used for promotional products, and it
generally refers to products that businesses buy to give away or to sell at
a low price. For instance, Wal-Mart, which uses the yellow happy face in its
advertising campaigns, might decide to buy the happy face Antenna Buddy to sell
to its customers. Or MTV might offer the cow skull to its viewers.
Promotional items are typically sold through advertising specialty companies
that will put a company's name on a product for promotional purposes. Advertising
specialty houses sell water bottles, golf balls, Frisbees and virtually any
other imprintable item.
In Cindy Jones' case, the Antenna Buddies promotional product possibilities
were a point of leverage when approaching manufacturers for a licensing agreement.
Jones' product is an outstanding promotional item because it goes where everyone
can see it: on the base of a car antenna. That makes it a great tool for any
company to advertise its product or service.
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