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GreatFX Business Cards Small Business Buzz Getting Your Product to the National Market
Small Business Buzz
Getting Your Product to the National MarketA doubleshot of business news espresso with extra froth Most small business owners have a desire, deep down inside, to go national someday, but it’s a process that takes patience and work. Stick to these steps and you’ll be off and running. Direct Sales Local Stores Clearly this involves determining who you should be selling to. For example, if you design t-shirts, then you’ll want to look into selling them at the clothing store downtown. If interested, they will either sell the shirts for you, while taking a percentage of the sale price for using their store, or buy in bulk and turn around and sell the shirts to their customers, and hopefully ask for more. Regional Stores Mass-Market It’s important that you determine where your product will be most successful before you approach retailers. They will know immediately whether your product belongs with their association or not, and you don’t want to waste time pushing to retailers that won’t bite. Also, be sure that you are ready for mass production before reaching out to the mass-market. If your product is successful, but you can’t meet the demand, then you may risk losing deals with the national retailers. Have the equipment and man power ready to produce your merchandise in bulk before stepping through that door. Source: Starting Your Own Business, Part 4 of 4 The Psychology of Pricing Starting a Successful eBay Business (Part 4) How You Know It’s Time to Grow By Michelle Cramer Tuesday, January 17th, 2012 @ 6:00 PM CDT Marketing | |
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