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Greetings!
This issue we have three great articles. One if by
the Packaging Diva about making packaging newsworthy
and the other two are by us; one is about selling on
commission and the other is about the right attitude
to have about your product while developing and
selling it. Our Catalog Marketing Program is off to
a great start and we have many more mailings this
year so make sure to check out our website for more
details.
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No Money? No Problem.
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Sell Your Product on Commission
Inventors often have great ideas they can't afford
to introduce effectively. The traditional way around
this is to license your invention to a manufacturer.
But there's another method that offers many
advantages over licensing: arranging with a
manufacturer or a distributor/wholesaler to sell
your product on commission.
Selling on commission is an ideal approach if you
see a market opportunity but don't have the
expertise to develop the product. Essentially, the
other company handles product design and
engineering, and pays the person who knows the
product best?you?to sell it.
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How To Make Your Product Packaging Newsworthy
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by The Packaging Diva
Recently mainstream media coverage of the packaging
industry is more in-depth than usual. I see several
articles about packaging every week. Unfortunately,
the vast majority of the news articles deal with
negative perceptions of packaging and its influence
on society. In fact, dozens of articles were
recently written in response to the Consumer Reports
"Oyster Awards" with such titles as: ?Today's
Packaging Can Drive The Mild-Mannered To Rage" and
"Open UP." Most of what was written in these
articles did not bode well for packaging.
So how can you get your product packaging seen by
the media in a more favorable light?
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How to Sell Your Product
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Avoid a common attitude that prevents inventors from stricking it rich
What is the biggest problem for inventors who fail
to sell their product? Is it a poor marketing
campaign? Is it the product wrong for the market?
Are customers not ready for a new product in that
category? Is the pricing wrong? All of those
things might be the case for sales failure, but the
biggest problem inventors have is their emotional
attachment to their product.
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