How to Get Your Product to Market: A guide to design, manufacturing, marketing and selling
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About this ebook
This is a step-by-step guide of how to transform your product from a dream in your head to a reality on the high street shelves.
Topics covered include:
- making sure that people will buy your product before spending any money
- stopping others copying your idea through patents, design registration and trademarks
- creating a winning brand and marketing message
- getting your product featured in the media
- breaking into big stores
Louise Guinda is the founder of Safe Dreams and the successful inventor of two products: the Cot Wrap and Safebreathe toys. Despite having no experience of bringing a product to market, Louise has succeeded creating a multi-national brand, winning numerous awards and appearing on the BBC website and STV News on the way.
Discover how to follow in her footsteps and take your product to market with this new guide.
Louise Guinda
Louise Guinda is mum to Ali, aged four, and lives in Aberdeen. The idea of developing her product, the Cot Wrap, a breathable cot bumper, came to Louise four years ago, after Ali suffered a near-tragedy while sleeping too close to his thick, quilted cot bumper. The Cot Wrap is now the top selling cot bumper on Amazon.co.uk and is exported throughout Europe. In 2012, the product won the Bounty Made by Mum and Dad Gold Award, beating 24 other products. Louise's second range of products, Safebreathe toys, were finalists in the prestigious Kind und Jugend Innovation Awards (the 'Oscars' of the nursery industry) and were snapped up by high street chain JoJo Maman Bebe from launch.
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Reviews for How to Get Your Product to Market
1 rating1 review
- Rating: 5 out of 5 stars5/5Very helpful and easy to understand. I read it in one morning, only did a 2 caffe breaks :). I am beginner in manufacturing so this book gave a great and simple written insight. I will read it again .
Book preview
How to Get Your Product to Market - Louise Guinda
Resources
Publishing Details
HARRIMAN HOUSE LTD
3A Penns Road
Petersfield
Hampshire
GU32 2EW
GREAT BRITAIN
Tel: +44 (0)1730 233870
Email: enquiries@harriman-house.com
Website: www.harriman-house.com
First published in Great Britain in 2014
Copyright © Harriman House 2014
The right of Louise Guinda to be identified as Author has been asserted in accordance with the Copyright, Design and Patents Act 1988.
9781908003645
British Library Cataloguing in Publication Data
A CIP catalogue record for this book can be obtained from the British Library.
All rights reserved; no part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without the prior written permission of the Publisher.
This book may not be lent, resold, hired out or otherwise disposed of by way of trade in any form of binding or cover other than that in which it is published without the prior written consent of the Publisher.
All brand and product names and associated logos belong to their respective owners and are protected by copyright.
No responsibility for loss occasioned to any person or corporate body acting or refraining
to act as a result of reading material in this book can be accepted by the Publisher or by the Author.
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This book is dedicated to my dad Frank Carr, the original productpreneur, and son Ali Guinda, hopefully a future productpreneur.
About the author
Louise Guinda has successfully brought two products to market: the Cot Wrap, a breathable alternative to cot bumpers; and Safebreathe Hoppy and Patch, breathable soft toys. Safebreathe Hoppy and Patch were snapped up by high street chain JoJo Maman Bébé from launch and the Cot Wrap is the best selling cot bumper on Amazon.co.uk.
Before founding her business Safe Dreams (www.safedreams.co.uk), Louise worked as an auditor for a ‘Big Four’ accountancy firm. Although this background was good preparation for the financial side of running a business, Louise had no experience of product design, manufacturing, marketing or selling. It took her two years to teach herself these skills, learning as she went along. It is for this reason that Louise decided to write How to Get Your Product to Market – to help speed up the process for others following in her footsteps.
Connect with Louise:
www.twitter.com/productpreneur
www.facebook.com/productpreneur
louise@productpreneur.co.uk
www.productpreneur.co.uk
Visit Louise Guinda’s author page here: www.harriman-house.com/authors/profile/louiseguinda/17410
Acknowledgements
Special thanks to the following successful productpreneurs who gave their time to help with this book:
Patrick Mathews of Breffo (www.breffo.com)
Rena Nathanson of Bananagrams (www.bananagrams.com)
Claire Mitchell of Chillipeeps (www.chillipeeps.com)
Marc Ward of Jamm Products (www.jammproducts.com)
Thanks also to Clare Yarwood-White, Keira O’Mara of Mama Designs, Lara Milanova of Hamster Bags and Cara Sayer of Snoozeshade.
The Safe Dreams story: from a near-tragedy to a successful business
If I can do it, anyone can.
I am living proof that anyone can become a successful productpreneur. If you are wondering what I mean by that, here is a definition:
Productpreneur: A person who invents, creates or designs a product and brings it to market in the hope of making a profit.
As a chartered accountant I may have had a head start in knowing how to run the financial side of a business, but these skills are not crucial for a business owner; most of the financial knowledge you will need can be picked up from books or easily outsourced to a professional. The hard and time-consuming part of running a business is designing your product, finding someone to make it, making sure it is safe, and finally marketing and selling it.
I had no knowledge of these things, so I was starting from square one. Although I have always been very risk-averse and lacking in confidence, I hated being an auditor and this gave me the determination to take the leap into running my own business.
What kind of business should I start?
I came up with lots of ideas – bookkeeping, opening a café, contract cleaning of offices – but in the end it was a near-tragedy which occurred when I was a new mum on maternity leave which led to my light-bulb moment.
My son Ali, like most babies, loved to snuggle into anything soft, including the cot bumper which lined his cot. I bought the bumper along with matching bedding before he was born. As the shops were full of bumpers, I hadn’t thought twice about their safety. However, one day I came out of the shower and found Ali with his face completely submerged into his cot bumper. His face had turned a funny shade of blue and he was clearly not getting enough oxygen.
I thanked my lucky stars that I had checked on him when I did and immediately pulled off the cot bumper and threw it away. This wasn’t the end of the problem though, because after this Ali would be constantly waking up in the night with an arm or leg stuck between the cot bars, or having lost his dummy through the gaps. The solution to this problem was clear to me – I needed a safe cot bumper that Ali would be able to breathe through.
I had spotted a gap in the market.
I searched for a breathable yet padded fabric and discovered Airmesh, which is often used in sports products and was starting to be used more widely in baby mattresses. I found that breathable cot bumpers made from Airmesh have been around for years in the US but, puzzlingly, they weren’t available in the UK. I paid a fortune to have one shipped over but it was worth it, as it completely solved my problem.
The easiest option, of course, would have been to become a UK distributor for the American mesh cot bumper brand. However, although it was safe, the mesh bumper was ugly. It was made from scratchy polyester mesh with a shiny satin-like border, and I felt that it was not suited to the UK market, as our preferences are generally more towards natural fibres, such as cotton.
I wasn’t interested in selling a product which was so unattractive, as parents would only buy it as a last resort if, like me, they weren’t getting any sleep. I wanted a product that was pretty, which parents would be happy to use from Day 1.
There, I said it.
I didn’t invent a totally new product from scratch; I tweaked an existing product to make it more suited to a new market. What I did invent was a new mesh-hybrid with an inner surface of 100% cotton (Safebreathe fabric). I also replaced the scratchy satin edging with a soft natural cotton fabric.
Why had no one else thought of this idea?
The question of why no one had done this before held me back by about six months. There was clearly a market for breathable cot bumpers in the UK as when I posted about being woken up during the night because of trapped arms/lost dummies on parenting forums, plenty of other parents were having the same problem. Some were taking extreme measures like putting cardboard on the inside of their child’s cot.
As I had so much to learn, it took 18 months from first having the idea to the moment when my Cot Wrap finally hit the market. It was featured in a catalogue with a huge circulation, so sales pretty much took off right away and it was a struggle to get enough stock made in time to keep up with the demand.
Now, the Cot Wrap outsells all other cot bumpers on Amazon.co.uk and is exported to eight countries around Europe. However, frustratingly, although it is carried by lots of little high street stores around the country, I have never managed to get it into a big store. As we have six colours and two styles (12 product lines in total – too much for any store to carry), it is much more suited to being a specialist internet product.
I didn’t achieve my goal of getting into a large retailer until I launched my second range of products, Safebreathe toys, which are made from the same Safebreathe cotton fabric as the Cot Wrap. The toys were stocked by the high street chain JoJo Maman Bébé from launch.
It hasn’t been easy.
I’ve made many mistakes which I am not afraid to share. During the six months when I was too scared to do anything about my idea, a competitor from Australia launched in the UK – their product is more like the American polyester mesh cot bumper, which means it is much cheaper than Safebreathe fabric as cotton is very pricey. There was a worldwide cotton crisis during the year I launched that meant that I had to raise my prices. I’ve had various quality issues, have struggled with cash flow and nearly gone out of business a few times. I’ve also had many bizarre experiences, like being featured on the BBC website when the launch of the Cot Wrap was delayed because of the chaos caused by the volcanic ash cloud in 2010, and trying to do a pitch on live TV with a crying baby in my arms.
This book will give you a step-by-step guide of how to turn your great idea into a reality. I will tell you how to be