I Have Had An Idea .......
Discussion
Ive thought of a wedding favour type product that is truly unique, cheap and that we dont have to stock - its a customised little gift for guests and I can buy it in Liverpool and get it customised on the Wirral.
It has a lot of "want that" about it and to sell them I thought of using "mums" approaching say 5 wedding venues in their area with a sample set in a nice presentation pack (cost to them £25) - once they order the sample packs and nominate the 5 venues we dont sell to anyone else nominating the same venues for a trial 3 month period and if sales thresholds are reached they keep the area for maybe another 3 months or possibly 6.
Possibly super mums might want to have a good go at it and we can discuss that, even do a fair or two.
If they get an order for 500 units they would typically make £50 on a £150 sale and pro rata but would people really need more than 500 favours ? they are cheap I accept. We also make £50 with cost of goods at circa £50. These figures might evolve but are pretty near.
I know NOTHING about this, we will try to attract them via FB targeted advertising and a website - up front cost is very little, just time and a bit of marketing - anyone fancy shooting my (yet another) idea down ;o)
Cheers
It has a lot of "want that" about it and to sell them I thought of using "mums" approaching say 5 wedding venues in their area with a sample set in a nice presentation pack (cost to them £25) - once they order the sample packs and nominate the 5 venues we dont sell to anyone else nominating the same venues for a trial 3 month period and if sales thresholds are reached they keep the area for maybe another 3 months or possibly 6.
Possibly super mums might want to have a good go at it and we can discuss that, even do a fair or two.
If they get an order for 500 units they would typically make £50 on a £150 sale and pro rata but would people really need more than 500 favours ? they are cheap I accept. We also make £50 with cost of goods at circa £50. These figures might evolve but are pretty near.
I know NOTHING about this, we will try to attract them via FB targeted advertising and a website - up front cost is very little, just time and a bit of marketing - anyone fancy shooting my (yet another) idea down ;o)
Cheers
Good point but this has a low entry cost for me (so worth trying) and each one is unique to that wedding in the way its customised. I think / hope its low entry point and fact its a favour (everyone has them ?) will get some traction. I will post it up once I agree with the customiser a degree of exclusivity trial as its nothing he has done before in this way.
Nothing ventured .....
Nothing ventured .....
Simpo Two said:
DSLiverpool said:
thought of using "mums" approaching say 5 wedding venues in their area with a sample set in a nice presentation pack (cost to them £25) - once they order the sample packs and nominate the 5 venues we dont sell to anyone else nominating the same venues for a trial 3 month period and if sales thresholds are reached they keep the area for maybe another 3 months or possibly 6... If they get an order for 500 units they would typically make £50 on a £150 sale and pro rata but would people really need more than 500 favours ?
Don't understand a word of it. Why not just advertise on www.hitched.co.uk and sell direct to the brides?DELETED: Comment made by a member who's account has been deleted.
Lol your not the first person to describe me as frustrating (the Mrs first). Everyone in Velstar is gagging to do our own ecommerce and my task was to find something, so apart from the normal crap we will look into I'm on the look out for quirky stuff.When I can post a picture you'll get it - the main market is not matrimonial but we can get more £ in that market.
As an aside we have 2 lash clients, 2 brows clients and were about to sign up a hair extension compsny and if I was at the start of my career I would definitely do that instead of bloody phones.
insurance_jon said:
One thing to point out is that the venue almost never orders or sorts out the wedding favours
Yep I sort of meant wedding planner types attached to the venue or similar - I think we get a site up and do some paid social to see what comes back.I think on monday I can post them up and its an "ah" moment but I want to get our agreement agreed on hard copy first.
We got into this because a web client wanted it but couldn't find it, the wedding stuff was just a side idea I had when I saw how many similar but inferior products sold on Amazon and eBay.
We're popping up a site with artwork uploader and all the marketing required to do it across all demands but I though weddings could be separate.
I'll post a pic up tomorrow of the ones we did for the client and we've done some speculative ones to send to some large manufacturers we think might bite.
We're popping up a site with artwork uploader and all the marketing required to do it across all demands but I though weddings could be separate.
I'll post a pic up tomorrow of the ones we did for the client and we've done some speculative ones to send to some large manufacturers we think might bite.
drainbrain said:
DSLiverpool said:
......and if I was at the start of my career I would definitely do that instead of bloody phones.
Well I thought you were really pretty good at the comms thing.....certainly the best we ever dealt with....
Agreement in place
We have been playing about today, the main client was the flying saucer but looks like we can do Mentos, mallows and those rectangular chewy things as well. We also got a print on a rich tea biscuit but the brown was hard to overcome.
I think each sweet needs to be flow packed but this could be in 3`s not just singles - more playing over the week and I will work out pricing etc BUT I think the price will be overlooked from the WOW factor of the sweets ??
DSLiverpool said:
Ta ;-) at the start of my phone adventure service mattered and we specialised in long range and multipack bundles plus small business systems. By 2015 it was price price price and second user stuff sold as new. However I am going back into IP phones and headsets this year.
DELETED: Comment made by a member who's account has been deleted.red22 said:
Isn't the personalised sweet market already flooded. My daughter got her friend some custom m&m's for her birthday and I got my wife some printed marshmallows for Xmas.
PS. I know nothing a about business so I'm probably wrong
Only M&M and Boomf / similar do it and thats a very limited market. M&M`s are very restricted as so small we can do a rich tea biscuit - mint imperial - mento etc and we can do 1 sweet but most packs start at £20 PS. I know nothing a about business so I'm probably wrong
We have one large client thats virtually underwritten the machine time so we are looking at "other avenues" a long look online didnt show up anyone doing it as well as we can and as flexible.
The site with social and a bit of influencer gifting (!) should get us a level of business.
Super Slo Mo said:
I know a chap who runs a promotional products company, might be something you could offer to him?
Can email you contact details if you think there's mileage in it.
Yes please - I've agreed web space with a fridge magnet chap and a wedding bits seller. Can email you contact details if you think there's mileage in it.
We're not borrowing money, it's not a major part of the business (I'm calling it the car fund) but if it makes a few thou a month we will use it for nice company cars.
We're putting a load of car brands on them and pitching speculatively next month as well - landing one dealer chain would be huge.
ATG said:
Personalised dog biscuits is both complete genius ... and proof positive that the end of the works is nigh.
?
We cannot do dog biscuits - I misunderstood sarcasm ! Whilst the machine can print them mixing doggy and man food is a big no no . However would doggy be a bigger market than human ? ?
t and farting for England.Gassing Station | Business | Top of Page | What's New | My Stuff