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retail outlets online,reselling AND dropshipping
by abacus » Tue Feb 17, 2009 7:02 am
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Saw this:
http://www.nettrade-price.com/article/full_presentation
This seems to be such a powerful business model,adaptable for inventors and their market-ready prototypes.
I think it's off the richter scale for inventors.
http://www.nettrade-price.com/article/full_presentation
This seems to be such a powerful business model,adaptable for inventors and their market-ready prototypes.
I think it's off the richter scale for inventors.
by bottleslingguy » Tue Feb 17, 2009 10:31 am
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bottleslingguy - Black Belt
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I didn't get a chance to watch the whole vid (on my lunch break) but it's what I've been saying all along about how someone with enough start-up cash could collect orders send them to the contract sewing company/ies and have them ship directly to the consumer. Cut out the wholesalers and middle men. Plus you get direct demographics in real time so then you can focus on areas where the slings are more popular. Great idea and not going away too soon.
by Scrupulous » Tue Feb 17, 2009 11:59 am
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Scrupulous - Black Belt
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That's been one of my ambitions with the I-Spot Private Forum all along.
The concept makes good sense.
The concept makes good sense.
by abacus » Tue Feb 17, 2009 7:28 pm
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I wrote this as clarification on Edisonnation forum:
'It wasn't the nettrade model I was advocating.
The guy was talking about the costs involved in getting a product to the concrete marketplace-distribution warehousing distribution rent rates utilities upkeep display maintenance associated employment costs.
How many of these costs and operations are removed in online retailing.Add dropshipping,and you've cleaned up.
Online sellers/resellers have infinite 'shelf'space for products that sell-no stock,no inventory-no hastle.
I think this makes market presence and exposure very possible for inventors giving rise to options-such as market-tested products for licensing,or for making a business out of.
I think the potential is there-real potential.
A good product can tell it's own story.'
'It wasn't the nettrade model I was advocating.
The guy was talking about the costs involved in getting a product to the concrete marketplace-distribution warehousing distribution rent rates utilities upkeep display maintenance associated employment costs.
How many of these costs and operations are removed in online retailing.Add dropshipping,and you've cleaned up.
Online sellers/resellers have infinite 'shelf'space for products that sell-no stock,no inventory-no hastle.
I think this makes market presence and exposure very possible for inventors giving rise to options-such as market-tested products for licensing,or for making a business out of.
I think the potential is there-real potential.
A good product can tell it's own story.'
by bottleslingguy » Tue Feb 17, 2009 7:40 pm
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bottleslingguy - Black Belt
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4:27 British Spitfire.
That video is very interesting.
That video is very interesting.
by Michelle » Tue Feb 17, 2009 8:02 pm
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Michelle - Black Belt
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For InventorSpot, it has been on our to do list forever to try to figure out a way to enable inventors to sell their products in our InventorSpot store.
How do we do it so it's easy and hassle free for inventors and not a huge challenge for us.
This way Inventors would not need to worry about websites, about much marketing etc. and then if they wanted to, they could just promote the whole site and get more attention to all inventor's items. They can just leverage our InventorSpot rankings on everything.
An inventor cooperative...so this is very interesting.
How do we do it so it's easy and hassle free for inventors and not a huge challenge for us.
This way Inventors would not need to worry about websites, about much marketing etc. and then if they wanted to, they could just promote the whole site and get more attention to all inventor's items. They can just leverage our InventorSpot rankings on everything.
An inventor cooperative...so this is very interesting.
by abacus » Tue Feb 17, 2009 8:05 pm
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The traditional retail mode created huge obstacles for the inventor in terms of the investment needed to get the idea up and running and into the market,and competing for shelf space.
The online retail model does not present the same cost hungry excercises,and hideous gamble.
An inventor can come up with a easily produced,cost-effective,benefit-ridden product which fulfills the statutory requirements,has some protection[a ppa]will do,if they're quick,to test the waters,and get their product locally manufactured[expensive-but bear that in mind when starting out],get a web-site for demonstration purposes/contact/sales,see if online retailers will sell it,dropship it and bob's your slaving uncle.
A good start.
Sink or swim,the buying public will decide.Can it get any better?It's never been better.
The online retail model does not present the same cost hungry excercises,and hideous gamble.
An inventor can come up with a easily produced,cost-effective,benefit-ridden product which fulfills the statutory requirements,has some protection[a ppa]will do,if they're quick,to test the waters,and get their product locally manufactured[expensive-but bear that in mind when starting out],get a web-site for demonstration purposes/contact/sales,see if online retailers will sell it,dropship it and bob's your slaving uncle.
A good start.
Sink or swim,the buying public will decide.Can it get any better?It's never been better.
9 posts
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