The Reseller Advantage: Spoonzys
Taking a product to market is difficult, especially for a first time mompreneur. The product development cycle can take several months (if not years) designing, manufacturing, packaging- all prior to launch.
It’s no wonder that reselling is a desirable and profitable option to get your feet wet in the world of entrepreneurship.
If you’re not an inventor, creator or product developer but you are an awesome promoter of the nifty inventions Moms love, we may have just the opportunity for you.
If you’re looking for the reseller advantage, take a look at these five benefits of reselling Spoonzys, a fun kitchenware product for eating soup and cereal.
5 Benefits of Reselling Spoonzys
1. Time Savings
Bringing a new product to market is a time-intensive proposition. From prototype to package, the process of product development is often fraught with delays. It’s extremely rare that the first iteration will end up being production-ready. Be prepared to factor in the manufacturer’s availability and logistics to produce and ship your first run.
The development timeline for Spoonzys took 8 months.
Fortunately, resellers can get up and running very quickly. The primary limiting factor is inventory and that’s rarely an issue- we have lightning-fast lead times at Spoonzys.
2. Upfront Investment
Let’s face it: design, engineering, and manufacturing are expensive- and that’s without getting into the intellectual property. For Spoonzys, startup costs were well into the upper 5-figures.
As a reseller, you can start with a modest investment to test whether a product is a good fit for your business.
3. Risk Mitigation
With any investment comes risk. For many mompreneurs, there’s just too much uncertainty to place your chips on a single product or idea. If you fit that category, it might make more sense to distribute your resources across the board on smaller, less expensive products.
With reselling, you can adjust your risk tolerance to match your budget and goals.
4. Profit Margin
Ah yes, the best part: profit. As a reseller, you don’t have to worry about factoring the cost of raw materials or packaging into your price point. You can set a price that allows you to add value for both your customers and business.
Spoonzys retail at $5 a piece (plus shipping), but like many product companies, we offer a reduced wholesale price to our merchant partners. Resellers match and often exceed the online retail price to lock in those profits.
5. Brand Recognition
Nothing can feel as lonely as an entrepreneur starting a new venture. With reselling, you can leverage the brand’s existing customer base and social media followers while you build your own.
Spoonzys’ Reseller Program has helped mompreneurs get started with their business or expand their current offerings. Our resellers have sold thousands of Spoonzys for school and church fundraisers as well as their own physical and online stores. The best part is the Spoonzys come prepackaged with our stylish, stackable hang tags.
As a loyal Inspiring Mompreneurs reader, we’re offering a special $3 reseller price.
Reach Out to Spoonzys
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We wish you all the best on your mompreneur journey.