Entries by David Alexander

11 Most Interesting Gadgets from Inpex 2017

This year, I had the pleasure of judging Invent Help’s Inpex 2017 Conference, full of up and coming inventors, innovators and entrepreneurs. It was a packed few days with lots of exciting insight into new trends in various consumer, retail and business markets. Below are some highlights of the unbelievable number of new products presented […]

Dramatic Bottom Line Reduction

There is one reason and one reason only that decision makers elect to have products manufactured in China and that is cost savings.  Assuming that manufactured costs are lower in China due to labor savings, there are many other cost levers to consider when manufacturing offshore in China. Here are the top five: 1.  Freight […]

What a Great Idea!

As a company plugged into the ecosystem of New Product Development we are fortunate to see a new idea for a great product almost every week.  Admittedly some fall into the “Why didn’t I think of that” category while others seem more limited in potential.  In both cases there is one key element missing 95% […]

Using a China Agent vs Going Direct

As companies weigh the pros and cons of working directly with a factory vs. dealing through an agent for their China sourcing needs there are many points to consider. Top 10 Pros and Cons 1.  The scale or dollar volume purchased annually. (I published an article in M&A Magazine which argued it requires $40-$50MM in […]

How working with BaySource adds value, reduces time and expense

Anything is possible in China but nothing is easy” is a quotation found on the Baysource web site www.baysourceglobal.com . Many companies go it alone when embarking on an outsourcing project for the first time. Commonly, purchasing personnel will rely on web and email correspondence when initiating a sourcing project in China. Small and mid […]

New Product Developers Part III

In our four part series dedicated to new product developers, innovators and inventors, we explore the 8 top considerations when developing a new product.  So far we have covered: Product Development Costs Distribution Channels Inventory and Startup Financing Capital Educating the Masses How will you announce the arrival of your new product to the world?  […]

New Product Development and the Adaptation Curve Part II

In our 4 part series dedicated to new product developers, innovators and inventors, we explore the 8 top considerations when developing a new product.  Whether a seasoned marketing professional or first timer, these eight critical components include aspects related to product design, positioning, manufacturing, distribution and financing. What You’ll Need to Start: Ample Capital   Beyond […]