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aburaihan0525
Apr 06, 2022
In Pilgrimage
We then moved on to build up the supply chain, from finding suppliers to negotiating prices — all the elements that are part of bulk production. Which really wasn't part of the process when we were making one prototype. We have suppliers all over the world, so for whatever part we need, we first reach out to our network. For example, Graph Tech is the biggest manufacturer of nuts, saddles, and machine heads for guitars. We met them at a trade show, so that in-person relationship existed. We've also used Alibaba in the past to find suppliers for some parts. That would be a huge topic in and of itself about how to navigate Alibaba, and Telemarketing list how to sample. Essentially it all comes down to having a good understanding of what your goal is, what the product is, and what the parts are. Once you have that, you sample prototype, get a small batch order, then a bigger batch, and move forward in that direction. I truly believe that crowdfunding is one of the greatest inventions currently for entrepreneurship. Before crowdfunding, significant risks to obtain capital. Even when you do obtain capital, you still have to find a product-market fit. You still need your first customers, and you still need to launch. Now you can do all of that at the same time on crowdfunding platforms like Kickstarter and Indiegogo. For us, because we had a physical product,
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