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Sorry to hog up all the question space but I have another question: can you describe your process in more detail? Where did you find the suppliers? How did you
by startupdiscuss 9y ago
Sorry to hog up all the question space but I have another question: can you describe your process in more detail?
Where did you find the suppliers? How did you pick your product? How did you know they could make them? Did you trust them to deliver directly to Amazon? Did you inspect them first?
In other words, if I want to start, say, my own bitcoin branded fidget spinner (that was my idea folks! Back off!) how would I go about doing it?
- zbruhnke 9y agohaha no worries at all! I started where most people would I think! Alibaba! I sorted and filtered for suppliers that said they could do OEM and I originally contacted about 10 of them - eventually ordered samples from 6 and then when they came in I actually took all the samples apart and examined the boards, the soldering, the wiring etc so I could find which ones were made with higher quality parts and better construction practices. I had the first shipment sent to my house because I was still afraid after wiring 10k to China I was just going to receive boxes of coal - My next few shipments however are slated to go directly to Amazon because I now feel I can trust my suppliers. I'm happy to go into more detail if this is helpful?
- startupdiscuss 9y agoYes, this is very interesting. I wish I could upvote you more so you get a boost but I don't think I can. So after you went over the parts, you had to come up with labels and branding and packaging. Was the manufacturer able to do all that for you? And this was included in the $11k/2000 = $5.5/unit? Did you hire someone on upwork to do the packaging?
- zbruhnke 9y agoI did indeed pay someone on upwork to help with packaging design etc. and yes that was all included in the 11k - however my contact at the factory was able to facilitate having all of it made (albeit with lots of photos and emails back and forth for clarification)