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Free registration at the forum removes this block.a simple skill money canty buy. SALESWith a product idea in mind, there's a problem - why would a manufacturer even create my product if by doing the same thing they could profit? There's no way I'd be able to hand-make it.
With a product idea in mind, there's a problem - why would a manufacturer even create my product if by doing the same thing they could profit? There's no way I'd be able to hand-make it.
I had a manufacturer once that had this same thought and competed head to head with me on Amazon.why would a manufacturer even create my product if by doing the same thing they could profit?
Ahhh this is so true , also i am currently optimising my supply chain , every peice of item , will be bought by me and sent to my manufacture , where they use thier machines to simply assemble the clothing. i think this will make me safe in the future incase of a black swan event ,,
With a product idea in mind, there's a problem - why would a manufacturer even create my product if by doing the same thing they could profit? There's no way I'd be able to hand-make it.
a simple skill money canty buy. SALES
you cant hire someone like me for example .....
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and if a manufacture started selling , they would become a entrepreneur instead
Ahhh this is so true , also i am currently optimising my supply chain , every peice of item , will be bought by me and sent to my manufacture , where they use thier machines to simply assemble the clothing. i think this will make me safe in the future incase of a black swan event ,,If your MOQ does not exceed the manufacturer's production capacity, you think way too high of your product in the first place!
Secondly, people have patents for their products, and those without patents, have legal contracts with their manufacturers that tie them under "white labeling"
Thirdly, many products are assembled by combining the parts made by a few or many other manufacturers!
Don't underestimate the power of money!
Manufacturers rise above the herd to own the invaluable land + machinery + provide full-time jobs + manage the whole supply chain starting from the purchase of raw materials to the delivery of packaged products at the doorstep of their clients ...
Smart manufacturers also manufacture their own developed products as a side hustle, while utilizing their plant's downtime to uptime. They do list their products on Amazon and Aliexpress, because they have resources and they "CAN" hire a guy/agency who can manage their Amazon/Aliexpress/alike pages and run some Social Media ads!
And I agree, Manufacturers are not entrepreneurs and they will never be. They have never read any of the MJ's books in the first place and they don't know your secret sauce of sales! Whenever you buy something from a manufacturer listed on Alibaba, its a sale for them. No? LOL
I had a manufacturer once that had this same thought and competed head to head with me on Amazon.
After 6 months, they gave up and pulled their listings down.
Manufacturing and sales/distribution are 2 very different skills.
Lithuania actuallyI bet your manufacturer was from china!
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