You have a great product idea. You are very confident that it will work in the field. You even have a prototype in hand which can demonstrate the basic functionality. Now you want to market it and sell it in mass market. Suddenly you face a hard reality, how will I send my product abroad? Where to keep the inventory? How to ship the things and keep a record of that? How to fulfill the government regularities and Customs formalities? All this make you feel like a loser. You have completed every required technical hurdle but can not achieve the goal. You have everything but still, nothing.
Here comes this idea of business model for a designer. The idea is to keep the manufacturing and sales in area which is best suited while keeping the R&D and prototyping in hand. For this purpose you will need a trusted and reliable partner who is patient enough. He/she may be at the other side of the country or probably other side of glob to support you. You do the technology research, (continue reading…)