focusedontheneedle
New member
Hello y'all, I am here to ask for advice on producing and selling a product that I had an idea for. I truly believe this product would be a great and sought after product but the problems I am seeing is that are that
A) The product is cheap to produce but also cheap to sell. It is not something, that even at the best possible quality version of the product, a person/business owner would spend more than 3-4 dollars a unit on (even that is pushing it).
B) The product is essentially plastic. R&D and Making molds would be a large part of the cost. After this, because it might be easy to replicate, how can I guarantee that some Chinese company with tons of access to plastic molds and the relevant technology won't rip off the product and sell it at a fraction or just put me straight out of business after I invested the money to design and build the preliminary models of the product.
Just for some clarity, and so that you can help think through these issues or even bring up new issues I have not thought of, the product is a spin on a classic squeeze bottle that restaurants use to store sauces or that customers use for ketchup or mustard.
Thanks for your input and thoughts.
A) The product is cheap to produce but also cheap to sell. It is not something, that even at the best possible quality version of the product, a person/business owner would spend more than 3-4 dollars a unit on (even that is pushing it).
B) The product is essentially plastic. R&D and Making molds would be a large part of the cost. After this, because it might be easy to replicate, how can I guarantee that some Chinese company with tons of access to plastic molds and the relevant technology won't rip off the product and sell it at a fraction or just put me straight out of business after I invested the money to design and build the preliminary models of the product.
Just for some clarity, and so that you can help think through these issues or even bring up new issues I have not thought of, the product is a spin on a classic squeeze bottle that restaurants use to store sauces or that customers use for ketchup or mustard.
Thanks for your input and thoughts.