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MONEY FOR NOTHING

 
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elkriverscott

posts: 1

Mar 30, 2009 6:54 PM ET    Quote  Report Abuse
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Hello Folks,  I`ve stumbled onto a gadget using technology that`s been evolving by the week lately, making earlier versions obsolete.  Six months ago these gadgets cost $150.00, now $30.00 because the technology has taken such a big leap.   I can purchase the latest, retail about $70.00 delivered, and ethically sell for $180.00.   It can be sold as an automobile accessory; a hobby shop item, an indoor or outdoor sports accessory.   I can put together a display with my background in advertising and believe a hands on sample would make it irresistable, since no one has seen one or even knew they existed. My question is, do I go retail, one store at a time to see if they fly off the shelf as I think they will, or pitch the product to any number of large chain stores?  Put another way, do chain stores provide a taste per item if it develops into the next big thing? 
elkriverscott4/1/2009 12:20 AM
CraigL

posts: 9051

Mar 31, 2009 4:24 PM ET    Quote  Report Abuse
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Sounds like you have an idea that`s thunderstriking.
Webline

posts: 687

Mar 31, 2009 5:16 PM ET    Quote  Report Abuse
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Hard to know what to think without knowing what it actually is, but I wish you luck with it.


-------------------------

M Hall
Website Critique Community
International Society of Curmudgeons


patentandtrademark

posts: 1332

Mar 31, 2009 5:26 PM ET    Quote  Report Abuse
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i agree - hard to give specific advice about the proverbial pig in a poke [which is a pig in a bag and you can`t see the pig].

-------------------------

James Lindon, Ph.D. Patent Attorney
Lindon & Lindon, LLC
Cleveland, Ohio
Patents, Trademarks, Copyrights, Pharmacy Law, Litigation
[this is not legal advice - provided for discussion only]
Intellectual Property for the Individual and Small Business: Identify, Protect, Enforce, Defend.
"Fools rush in where angels fear to tread."
http://www.LindonLaw.com
CraigL

posts: 9051

Mar 31, 2009 10:09 PM ET    Quote  Report Abuse
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......not to be confused with a pig in a blanket, which is bread.
Apr 11, 2009 1:48 PM ET    Quote  Report Abuse
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It would seem like if you went to a large chain store they might try to go around you to the manufacturer, or are you the manufacturer?  Why not try it as many ways as possible without exposing it to a large chain just now?  I would try to make sure I have a good solid deal to distribute the product before I got to far down the road.
 
Hope this helps.
 
Jim
mattressman

posts: 1

Apr 11, 2009 6:25 PM ET    Quote  Report Abuse
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I have a request from this forum. i would like everyone opinion on this
i currently making a eco friendly mattress and believe it could be a 100 million dollar company
but i am against borrowing money ,so here my idea first I would like to market to other furniture stores that would invest 2000.00 and in return they would get a addinonl 15% off the wholesell price, plus 20 % of the company profits. We want to use a direct response marketing program  to drive customer to our retail parnters and to our website sales our profits from that would be
4 times cost . Our wholesell margins would be 50% , plus we would handle a customer deliveries direct to their home anywhere in the country. please let me know what you think of this idea
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