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Top 10 Mistakes Potential Retail Suppliers Make

At Retailbound, we get to talk to a lot of entrepreneurs, inventors, and small suppliers. While most of them have good intentions, there are mistakes made before they become our clients. Here is our top ten list of common mistakes that potential retail suppliers make:
10. Getting advice from people who have little or no [...]

First Steps to Production Consideration

Guest Blog written by Carol Rehtmeyer of Rehtmeyer, Inc
Here’s a guide to step you through the various things to consider prior to producing your own product. Use this guide as a general “check-off” list. Don’t let the industry slang and details frighten or deter you. As in any industry, there is always lingo to learn. [...]

Green is the new Black

Green is the new black, or at least it is when it comes to purchasing decisions by consumers.
In the midst of consumers’ heightened attention to eco-conscious purchasing, television manufacturers are also facing tougher Energy Star guidelines from the U.S. Environmental Protection Agency, which is
encouraging lower power consumption in high-definition televisions.
According to a study commissioned [...]

Why Retailers Develop Private-Label Products

These days, scarcely a day goes by in the retail business without a newspaper headline or TV news segment heralding the recent growth of private-label products. Yes, those items once known as generics – or simply store brands – are creating quite a buzz, thanks to quality improvements, a surge of innovation, and an economy [...]

Licensing vs. Self Production

Another guest blog written by Carol Rehtmeyer of Rehtmeyer, Inc.
Licensing
Licensing Pros:
1. There’s low to no cost or risk to license your idea.
2. Royalty stream can continue for many years.
3. There’s always the opportunity for line extensions and ancillary licensed goods!
4. Companies will pay a portion of the expected royalty in an advance payment.
5. The company [...]

Top 10 List – Tips on preparing for your meeting with the retail buyer

Before we started Retailbound, we were retail buyers for large multi-billion dollar retailers. We have seen many vendors do excellent presentations for us. Here is our top 10 list of tips to do BEFORE you meet with the retail buyer.
10. Be on time for your meeting with the retail buyer. Get directions from the receptionist [...]

What’s the Difference Between a Retail Coach and a Retail Consultant?

At Retailbound, we get asked constantly what the difference is between a retail coach and a retail consultant.
Here’s an analogy that illustrates the difference between a retail coach and a retail consultant:
A retail coach will help you understand how and why you bake a cake, help you to determine what’s holding you back from baking [...]

Top 10 Questions Inventors Ask

Another guest blog written by Carol Rehtmeyer of Rehtmeyer, Inc.
10. Why do I need an Agent?
Agents open doors to toy companies, but a good agent should also help to bring a product concept into a marketable focus. As an Agent, we know what’s hot, who’s hot, what’s been done and what has not. Your Agent [...]

As a retailer or a retail supplier, how do we bring more fun and excitement back to the stores – more suggestions and comments from our readers.

Recently, we posted this question to our professional networks on Linkedin.com. Here are some more comments or suggestions from the group that we thought were helpful enough to post on our blog….let us know some other ways we can all bring fun and excitement back to the stores
• Good question … but do customers really want [...]

As a retailer or a retail supplier, how do we bring some fun and excitement back to the stores?

Recently, we posted this question to our professional networks on Linkedin.com. Here are some of the comments from the group that we thought were helpful enough to post on our blog….let us know some other ways we can all bring fun and excitement back to the stores.
• Host relevant events (for example, if the business is [...]