Hello,
A friend of mine is a "formulation" chemist and has developed
numerous products for use in industry. After the bankruptcy of
the steel company where he worked, he set out to develop a series of
chemical formulations for home cleaning products. The products
range from desktop cleaners to rug and spot cleaners to tub and shower cleaning
products and a few others. Having used several of these products in my own home for several
months, I can attest that their effectiveness is
much improved over the commercially available products on the market
from major manufacturers. He has other testimonials too.
The improvement in the cleaning
effectiveness of these products come about entirely from the
methodology associated with the formulation. The ingredients
involved with the formulation are commonly used in the home and are
considered non-hazardous. They result in products which is
entirely
"Green" to the environment.
The dilemma my friend faces is that he is a trained chemist, not a
marketing specialist. As such he knows little about how (as an
individual) to bring these products to market. He has emphasized
to me many times that he is not interested in selling the formulation
technology to other companies, but wishes to procede to build a
business. From discussions with him, I know he has worked with
the local "small business administration" groups, but they have been
virtually useless in this regard. He has written business plans
and can get bank financing, but he is reluctant to go ahead with the
"project" until he can find a way to "get the products on the shelves" of local
(or regional) stores. He has had contact with a major office
supply company; they like some of his products and are willing to place an order for 500,000
units, but that is far more than he can supply initially.
Are there any marketing type people in CR4 that can make some suggestions?
I have suggested to him that he might consider providing his products (on a
consignment basis) to internet stores that specialize in "green"
products, with a money back offer to the customers.
Any thoughts on how to proceed?
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