The product life cycle refers to the length of time a product is introduced to consumers into the market until it’s removed from the shelves. There are five main stages of this cycle: Development, Introduction, Growth, Maturity, and Decline. Even the greatest, most successful products eventually decline. Take Apple for example. The iPod was a … Read more
In this blog, we will walk you through exactly how to manage quality control from the comfort of your office. But first, let’s break down the impact of poor quality control management on your business.
For Amazon sellers, there are three common types of sellers on Amazon, and understanding the difference between each one is important as it will help you determine which type you should try to be.
From pricing strategies to sourcing and procurement processes, there are several elements in a business’s supply operations that can be modified to maximize the efficiency and cost-effectiveness of a business. Given frequent supply chain disruptions and squeezing margins, reducing costs is more imperative than ever to ensure the survival of a wholesale business. How can … Read more
For years, China has been the go-to manufacturing location, but that has changed in recent times. With the increased transportation cost and heavy tariff policies between China and the United States, partnering with Sino factories is getting heavy on the pocket. On top of that, their sporadic city shutdowns in hopes of a ‘zero covid’ … Read more
When outsourcing your manufacturing overseas, there are many factors to consider besides the cost. For starters, risks with regulations, customs, logistics, and prominent cultural differences are just a few other considerations. Cost-efficiency alone does not make a supplier ‘the one’. How do you navigate through these? The key is building a reliable relationship with your … Read more
Quality products lead to loyal customers. However, building quality products in a global economy has its fair share of challenges. For example, you might need to acquire supplies from one country, manufacture the finished product in another, and finally ship it to customers scattered across the world. Managing the entire sourcing process without any hiccups … Read more
As your brand grows beyond a handful of SKUs, effectively managing your supply chain becomes a growingly important part of your business. A larger supply chain leaves more room for inefficiencies. You work with multiple suppliers and partners simultaneously and your products likely travel across multiple regions around the world, so where do you even … Read more
Imagine you’re sitting inside a luxury car with fully-electric features, a minimalist design, sporty performance figures, lavender mist, and a high-end sound system, comfortable right? Now imagine all of that but without wheels. Is the car functional? Not at all. But that is what a great product is without an efficient supply chain. Non-functional. The … Read more
E-commerce is no longer just a faster way to sell products. It now shapes how products are researched, designed, manufactured, packaged, priced, marketed, delivered, returned, and improved after launch. For product teams, the most important e-commerce trends are the ones that change what customers expect before they ever click “buy.” Online shopping is still growing, … Read more
If you’re familiar with new product development or just starting to research how it’s done, you know prototypes are an important part of the process. You use these mock-ups to check the form, fit, and function of your product concept, to try out ideas, and to get feedback from potential customers. When most people talk … Read more
It’s a cold hard fact in the world of fashion product design: It doesn’t matter how amazing your design is if your manufacturer doesn’t make it exactly how you want it. All that time researching, iterating, and prototyping goes out the window when you get a final product that doesn’t match your vision. That is … Read more
