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10. Ease of Use: Even the most novice fisherman whether child or adult can quickly and effectively use my product.9. Ecofriendly: No one can oppose or boycott my product because it is noninvasive and biodegradable.8. Cost: The low cost of my product will make it a great addition to the tackle bag no matter how low the person’s budget is.7. Need: This product will be a success just purely from the need of it. There has been nothing like my product on the market since the beginning of time. Fishermen need my product.6. Newness: I believe my product will sell relatively easily just because it is a new product in the fishing world. People will want to review it and see if it really does what it says it does.5. Support: (Strongest resource) I know a wide range of guides and tournament anglers that will support me and help this product be a success. This is my strongest resource because these captains will use my product when fishing with their clients. Clients will always try and replicate what the guide are doing so they can catch fish too. Having a support group like this is most important factor I could have.4. Creativity: My products design is simple yet creative and I believe that people with simply give it a try just because it weird.3. Outlets: Knowing personally and representing multiple tackle shops is a big advantage when trying to get my product to as many places as possible.2. Advertising: I have several friends in the sticker and sign industry and this gives me a leg up on other new products getting started.1. Sponsorships: Having several sponsorships will draw a little more curiosity to what product I am using and offering them. It gives me a little more credibility in the public’s opinion.
Wednesday, November 8, 2017
23A Ventures Advantage
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Isaac - Your advantages sound pretty good! However, I only have one doubt. When you talk about its low price, it's difficult to me understand how it can be so cheap if it's something completely new and therefore will require quite of research and development. At the same time, as I have told you many times, I'm not an expert, so maybe the features of your product do not require such a big investment. Anyways, good job!!
ReplyDeleteYes, yes, and yes! I love the product. If I were a shark, I'd be all over it (Shark tank that is!). This product would be a huge success at the bass pro and local tackle stores. I like the idea of providing sponsorships. Perhaps we can start on www.spindlebeak.com - although the site is somewhat outdate. Keep up the good work Isaac.
ReplyDeleteGreat post. As i have mentioned before i think this is a great product. As great as it is to have all of the resources you have stated i think you will find success just with the first three. Ease of use, affordability and ecofriendly are quality points to gain customers. My only criticism is that some of these may not be resources that you already posses but great work.
ReplyDeleteI agree that support would be your strongest resource because I would find it hard for your product to gain traction unless people saw it being used with success by seasoned veterans. Without their support the product could potentially "fall through the cracks" and just become another product on the fishing aisle. Make sure to keep building your support group up so that you can spread it even faster.
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