Let’s Save Your Hardware Startup from Retail

This article is inspired by conversations I have on a regular basis with startup CEOs, CMOs, or VP of Sales regarding their product businesses trying to expand business in the US retail market. Many startup executives are very intelligent and motivated people; however, mistakes are made not for a lack of available advice or strategy…

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Retail Growth: Chicken or Egg Scenario

As always, my LinkedIn articles are meant to be solution-oriented based on my conversations with smaller consumer product manufacturers. Today’s article deals with a challenge that many young product brands face when it becomes time to start investing more into retail growth. It’s commonly referred to as the “chicken or the egg” challenge…. let me…

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5 Top Reasons to Use Crowdfunding to Launch a New Product

If you are not using crowdfunding to launch at least one product per year, you are missing out on billions of dollars of risk-free revenue and millions of new customers. This is true whether you are an established company used to traditional product launches or a funded startup looking to come out with a bang.…

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Product Startups: New Retail Growth Model

Retail is an aggressive place for product startups. Opportunities are abundant; however, each opportunity represents a chance to make a mistake. This article talks about the advantages of outsourcing your retail activities (not just sales or strategy). For many product startups, young brands, or inventors – having the time to understand, manage, and execute retail…

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The Benefits of Invoice Factoring and Purchase Order Funding

Two of the most popular alternative business funding solutions are invoice factoring and purchase order funding. Business owners are increasingly turning to alternative lenders – like Security Business Capital – for solutions to cash flow and inventory needs. These financing solutions provide working capital without an added burden of debt. The Benefits of Invoice Factoring…

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Getting Your Product Fully Crowdfunded ≠ Success

Today we are talking about what happens AFTER you get your product fully crowdfunded. Common misconceptions exist as well as a general underestimations of the tasks at hand to succeed in the marketplace. Feeding the backers After your project on Kickstarter, Indiegogo, or wherever is finished and funded, you of course have to supply your backers.…

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Lessons from Failed Product Launches

The majority of my three years at Retailbound have been spent talking to smaller consumer product manufacturers and startups about the challenges they face bringing new products into the US/North American market. I’ve had hundreds of conversations with C-level executives as well as overwhelmed, yet ambitious business developers looking to beat the odds in retail.…

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Risk is Unavoidable in Retail. So Minimize It.

A new year means new possibilities, strategies, goals, and risks for your business. This blog is for product companies entering retail soon, or thinking about launching a product into the market for the first time. Crowdfunding and manufacturing innovations have made it vastly easier to create a product business from a unique idea. Ecommerce is…

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Top 10 Mistakes Potential Retail Vendors 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 10 List of common mistakes that potential retail suppliers make: Getting advice from people who have little or no experience…

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How to sell your product to large retailers

Trying to get your product into large retailers like Wal-Mart, Best Buy, or Home Depot? Many thousands of businesses every year dream of getting their products into retailers like these.  However, only a handful of vendors will make the cut.  Why do some companies make it on the retailer’s shelves while many others don’t? To…

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