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Many people think that the hardest part of bringing a new product to market is the original idea or the development stage. The truth, however, is that getting your product into stores and selling it to customers is often far more difficult than you might expect. Most inventors or product developers are incredibly creative people but don’t have the knowledge or experience which is required for effective branding, marketing, and customer outreach. Convincing big retailers about the merits and potential saleability of your product can be particularly difficult as they are pitched literally thousands of products every year.  So what can you do to give yourself the best chance of success?  In this article, we will explain everything you need to know, from how to identify your target customers to how to get your product in stores that are best suited to guarantee sales.  1. Make sure your product is ready  Before you approach retailers to see if they want to stock your ...

Start small and learn from experience 1.Capital Have start-up cash for your first ventures (if you do not have any you can attract investors to invest in your own business they can be your family or friends) note: you will have to share some of your profits you gain to distribute to them 2. Product (Optional) Sell a product that is not sensitive to the world stock market like pens or baskets. Try to avoid selling highly sensitive products so that your cash is not determined by the stock market. 3. Start advertising! The simplest form of advertising is through face to face conversations and also through the internet to advertise about your products to your own family, friends and even your colleagues. 4. Start selling! You can start off by making the most highly demanded product and the cheapest products(that means the cost to make the product while still selling at a tidy profit) example: baskets are the most highly demanded product in tourist hot spots and are a nice pr...