Working on a new product for your brand is an exhilarating feeling.
Designing a new product can be a fun experience, whether it’s your first or an addition to your existing range.
But to turn your product dream into reality, you need to get it manufactured.
Here is a breakdown of each step of the journey to guide you on how to get your product manufactured.
How to Get Your Product Manufactured: A Step-By-Step Guide
Let’s dive in and explore the key steps you need to follow to get your product manufactured, assuming your ideas are tested and ready.
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Consider local or overseas
Decide whether you want to work with a local or overseas supplier. Each option comes with its own set of pros and cons.
If you choose a local manufacturer, you may pay higher costs but enjoy a closer relationship. On the other hand, opting for an overseas supplier may offer cheaper options and more choices.
Send the right first message
When reaching out to potential suppliers, ensure your first message is clear, concise, and outlines your product description, long-term goals, and brand pitch.
Remember, you’re looking for a long-term partnership, so make a strong first impression.
Get samples
Request samples from chosen suppliers to test and ensure the quality and integrity of your product.
This step is crucial to avoid defects and costly replacements down the line.
Negotiate on price
After testing samples and confirming quality, negotiate prices with suppliers before placing your first order.
Keep in mind that minimum order quantities are negotiable, and building a good relationship with your supplier can lead to better terms in the future.
Make your first order
Once everything is agreed upon, proceed with making your first order. Ensure all terms are documented and signed to avoid misunderstandings in the future.
Keep Learning: How to Find a Manufacturer That Won’t Burn You
You Have Your Product, Now It’s Time To Sell It
Now that your product is ready, it’s time to start selling and turning your business into a success.
Explore our free 500 product ideas guide to kickstart your business and make it thrive.
Source: ( foundr.com / Financementality.com )