You consider producing it yourself, but decide that life would be
easier if a big pencil company introduced the pen under their brand, and
just sent you a royalty cheque every month. So you search the web and
send out emails to pencil manufacturers. You try to whet their appetite
without giving too much away. Despite the global opportunity, you don’t
get many replies, but eventually you are invited to a meeting. You’re
nervous, but it goes well and everyone seems convinced. “This could be
absolutely revolutionary!”, someone says. Well, you think, if they can
just crack a tiny share of the potential market, I will make a fortune.
Negotiations begin, but they are painfully slow. The eventual offer
seems very one-sided. They are not paying much, they want exclusivity,
they will not commit to any minimum sales, and if they improve on your
pen design, that’s to their benefit, not yours. You haggle without
really making any progress, and you start to worry they’re secretly
working on their own pen invention. You read about the Apple – Samsung
patent dispute and realise you could never afford to fight such a battle
against a big corporation. And you begin to suspect that perhaps the
pencil company doesn’t really want the pen to become successful; perhaps
they think it will destroy their pencil sales; perhaps they are just
hoping you will run out of money and disappear.
In frustration,
you change course and decide to manufacture and sell the pen yourself.
You fly to China (which is what everyone does), and look for a
manufacturer. Even there, though, you realise it will be expensive to
manufacture. The unit cost is very high unless you make a large order,
and invest in tooling. But you re-mortgage the house, cut back on family
holidays, and produce some stock. And you create a website and start
cold-calling stationery stores.My experience of your company has been
excellent and I would happily buy mosaic tiles. With just a few sales, you are welcomed to the world of retail: warehousing,This solar lamp
and phone charger can improve the lives of millons living without
electricity. advertising, collecting payment, distributing product, low
margins, product returns, warranties. Overwhelmed,Learn more about the
different types of laser marking machine
by careel-tech.com. you need to hire staff and are continuing to burn
cash. You lose a potentially significant order due to a mishap, and a
pen leaks in someone’s suit, ruining it. Frustrated and nearly broke,
you give up, just as you see something very similar to your pen hit the
market.
Depressed? As a backer of early-stage businesses,
imagine how I feel – these are my daily struggles. But struggles are
lessons we could use. An idea is worth nothing. Brilliance in invention
needs to be matched by brilliance in commercialisation. “Day zero” is
the day a deal is signed or the product hits the shelves. Most new
businesses fail. Sadly, not every new pen is something to write home
about.
A solid earnings report is expected from Apple at this
point; what's needed is the excitement and hype Apple is famous for, and
that's only possible by delaying and teasing the inevitable, the one
thing everyone wants: a new device -- in this case,Learn how an embedded
microprocessor in a smart card can authenticate your computer usage and data. a new iPhone.
Earlier
this month, KGI Securities analyst Ming-Chi Kuo – who has a
particularly excellent track record when it comes to predicting products
in the Apple pipeline, having correctly guessed most of last year’s
devices and their release dates – said he believes Apple will release
two new iPhones, including the “iPhone 5S” and “new design iPhone 5,” in
Q3 2013, which will be some time between September and December.
Considering
how Apple released the iPhone 4S in October and the iPhone 5 in
September, one might assume Apple will release its next phone – the
iPhone “5S” or “6” – in early September,How would you like to have a personalized bobbleheads
of yourself. or even late August. However, instead of following this
11-month release date cycle, Apple should switch things up for its next
iPhone, and release it at the very end of the year, either at the end of
November or December.
Even though AAPL stock is not a great
indicator of the company’s status or success, it does imply there is a
general malaise among Apple fans. For the last 14 months, Apple has been
going about its business as usual, releasing new products and services
every few months with very few surprises. Each new iOS and Mac device is
better than the last, but what else is new?
The iPhone 5, for
whatever reason, created an incredible hype machine for more than a
year. People originally believed the iPhone 4S would be named “iPhone
5,” but when it wasn’t, the “iPhone 5” rumors persisted throughout the
next year, until Apple released the phone in late 2012.
The
iPhone 5 has been a very successful product for Apple, but the company
needs to reenergize its fan base if it hopes to outdo its iPhone 5 sales
with the 2013 iPhone. To feed the hype machine, Apple should wait for a
longer-than-normal period to release the iPhone 6.
Until the
most recent quarter, the iPhone 4S was largely responsible for Apple’s
most successful quarter in history in Q1 2012, despite no other iOS
devices sold alongside it; even though the iPhone 5 was a hit product,
the timing of its release date may have been slightly off; Apple gave
itself more time to roll out the device in more countries, but customers
were left more time to choose between Apple’s latest iPhone and all
other smartphones released during that time.
Even though the
iPhone 5 is a significantly better phone than the iPhone 4S, the 4S made
a much greater impact than the iPhone 5 -- its only notable addition at
the time being Siri. If Apple wants the iPhone 6 to be its best-selling
smartphone ever, the company needs to release the phone closer to the
Christmas holiday. Apple would be wise to release the iPhone 6 at the
very end of November, which would leave it enough time to roll out in
the U.S., as well as a handful of other countries, right before the
all-important holiday rush.
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