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Greetings!
In conjunction with the launch of our new Catalog
Marketing Program, we decided to include two
articles about selling to catalogs in this issue.
One is all about strategies and reasons for
inventors to use catalogs to launch their product
and another is a example of a product that was
successfully launched nationally after some initial
catalog success. We also have another article by
the Packaging Diva and a great tip to see how
popular an idea or concept could be.
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Our New Catalog Marketing Program
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Gain market momentum with catalogs
If the idea of selling through catalogs interests
you, especially after reading the rest of this
newsletter, then come and check out our Catalog
Marketing Program. This might be just what you need
to launch your product either regionally or nationally.
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Launch Your Product in Catalogs
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How and why catalogs are a great place to start
Mail order catalogs have long been one of the top
ways for inventors to sell their products. Why is
this? Catalogs don't mind taking products from one
product companies, which is something avoided by
many retail stores and distributors. But beyond
that, catalogs can help you very effectively meet
your sales goals and are often used as a launch pad
for a new product.
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The Outside Of The Box Is As Important As What Is Inside
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by the Packaging Diva
So many people never think about the package when
they develop a product. Packaging should be the
first thought in product development -- not the
last. Without the package, you couldn't even have a
product to sell or ship. After all, the package
transports the product from point A to point B,
protects it and secures the contents inside.
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Catalog Success Story
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How selling through catalogs paved the way for national retail sales
Entrepreneurs Jim Moritz, 32, and Greg Nieberding,
44, developed the Baby B'Air, a safety vest for
babies to wear on airplanes. After examining many
different sales channels, they decided to introduce
their product through catalogs. According to
Nieberding, "The main advantage of catalogs was
[that] we didn't need retail packaging." Also, the
baby market, like nearly every other niche market,
has many successful catalogs with wide distribution
and high sales.
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Search Market Potential
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Internet tool to help you choose your market
While entrepreneurs often succeed by going after
narrow niche markets, they don't want to go after a
market that is so small it can't support your
business. The best way I've found to check out your
market potential is a dandy little site run by
Yahoo, www.overture.com. Go to the site and go to
the box for Current Advertisers and check on the
link to Visit the Resource Center. Under tools,
chose Keyword Selector Tool. Then put in your
search term and the selector will tell you how many
times people did a search for that term on Yahoo. I
put in the term aquarium pump and found out there
were 1644 searches for that exact term in December
of 2005, plus about another 1,000 searches for terms
that included the words aquarium pump. Not
necessarily a great market, as if 1% of the searches
bought that would only be 16 pumps per month. When I
searched for parrots the total number of searches
was over 70,000, a still narrow, but apparently much
larger market. The site also has a spot to check for
keyword bidding, which tells you what people are
bidding to be listed on the right for key word
searches.
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