Thursday, July 27, 2017

Your Wonderful Product By: Jim Gandolf

Your Wonderful Product    By: Jim Gandolf

When do you know that you have an excellent product? When you have put so much effort in understanding your customer, and how much the customer is going to spend on that product?
Can you develop that product within any guidelines to make a profit?
Can you have enough mental focus on all areas, Manufacturing, product development, sales to distributors, then the guidance in helping the distributors selling to the retail locations?  Wait a minute, helping the retail locations sell this product with a full understanding of not getting a return rate? What type of warranty exclamation rate of usage?  Then helping the consumer stay knowledgeable at all time how great this product is? Understanding the research and development can be the most import area of survival in a never-ending climate. The funds to handle areas of growth? Employee insurance, product insurance to where the product never ruins a family air loom or family treasured end table? Logistic insurance? Can you price this product to cover these areas? Think about what I am writing about for just a minute? Take a deep breath; relax you have a great product, and you can have access to the right funding, or you might have the right funding? You must start in every situation to where you can keep everything balanced always. I feel that the only way to move forward in all aspects of this going retail, is, to have a person that knows all areas and just can’t make it up as you go?  When you listen to rumors and gossip you won’t even get off the ground. People learn from mistakes and errors. When you do not even look at the whole picture you will fail. You have no one to blame, but yourself.

Understand the whole retail movement, and as the product is placed (In Retail locations), the product has an opportunity to grow.  

Understand insurance

Understand what Lobbying Groups you need to be with
Understand that your competitors will love putting you out of business at all means (Sanctions and fines). Your competitors have been paying for Senators, and congressmen for years, they know people.  Your competitors will even have their own employees come to work for you, just to see where you are not in compliance with and US Government codes!

Do you have someone that can handle this? Think about it a minute?


Jim Gandolf 

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