To everyone that had ideas or concepts, what did you do to bring it into reality?
Let's say I have a concept for a water filtration system, but lack the skills to make it myself, how would I get the project going? Where do people actually get into contact with manufacturers, important people and building a brand out of it?
I am just interested in knowing the journey that people had to get to where they were today.
Not sure if something like this was already mentioned and I am sort of a newbie over here, but it would be appreciated if the community was able to help!
Let me answer it. I know the China and world prototyping supply chain really well. First of all this idea is not new. You face heavy competitions. But this is just an example, so I don't dwell on it.
The trick is not to contact the manufacturer, but contact the market and vendor. Whether you can sell something is not determined by if the market needs it or not, but if you can penetrate the market or not. Of course the market needs it. But the market is noisy and bumpy and like the wild wild west. But you need to go in.
You need to make a MVP (minimal viable product), and try to contact the vendor. Then you need to go to expos. At expos your ideas will be studied and copied by competitors, but that is the risk you must take. You have to go to a Water Filtration Expo, not a Water Cleaning Expo.
You can also OEM or ODM it. There are many factories that specializing making water filtration systems. They can put your logo on it and ship it to you. The cost is really low now, a few thousand bucks. But it is a product for market play, not a "innovative" play.
This is a great smart question.
Question asked by
May 4, 2020, 12:04:06 PM