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- Oct 26, 2021
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Hello,
I got hyped by another thread on this forum: about a company searching for products with bad reviews and then applying the feedback to create a better product. So this looks very interesting to me, but I already got some question. So maybe somebody on this forum already has some experience with this?
- How do you find the best supplier? (go to alixpress and search for relatable products and see if they can make it?)
- Whats stopping them(the suppliers) for selling the same product on amazon themselves after it is developed? (as I figure a patent will cost a lot and is a long process, just a wild guess, no experience in that area).
- Do you have to finance the development part? For example: the supplier already has a shower radio, but I want to include wifi and I want a better looking design as well.
- Or is the development part for free as long as you buy X products. For example 50$ per radio and if you buy 100 radio's from them the development part is free. Which already adds up to 5000$ (which for most of you prolly is not a lot of money)
Thanks a lot!
I got hyped by another thread on this forum: about a company searching for products with bad reviews and then applying the feedback to create a better product. So this looks very interesting to me, but I already got some question. So maybe somebody on this forum already has some experience with this?
- How do you find the best supplier? (go to alixpress and search for relatable products and see if they can make it?)
- Whats stopping them(the suppliers) for selling the same product on amazon themselves after it is developed? (as I figure a patent will cost a lot and is a long process, just a wild guess, no experience in that area).
- Do you have to finance the development part? For example: the supplier already has a shower radio, but I want to include wifi and I want a better looking design as well.
- Or is the development part for free as long as you buy X products. For example 50$ per radio and if you buy 100 radio's from them the development part is free. Which already adds up to 5000$ (which for most of you prolly is not a lot of money)
Thanks a lot!
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