10 Steps to Bring a Product to Market -
Outsource Entrepreneur Model Step 7 - Find Potential Partners
Not everyone will be a good candidate for becoming an outsourcing partner. You need to find manufacturers who can add your product without too much investment in new machinery and who are running below capacity. Marketing partners must carry products similar to yours and your product must represent a significant increase in sales for the firm, at least 20%. In short, you need to find potential partners who have a lot to gain from taking on your product. This usually means you will not be dealing with industry leaders, but smaller companies hoping to catch up and overtake those leaders.
Need Help with this Step?
We can provide you with a list of potential partners for your product. This service costs $175. Please contact info@onestopinventionshop.net for more information or to request this service.