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Building a Product or a Service
July 8, 2019 @ 1:00 pm - 4:00 pm
Hawai’i Technology Development Corporation (HTDC) ⭒ Innovate Hawai’i ⭒ Maui Research & Technology Center (MRTC) – in a very special collaboration with Maui Business Brainstormers (MBB) – bring to you ⭐BUILDING A PRODUCT (or a Service)⭐ because the road to selling your own creations is not easy, but the pride you feel when people buy – and love – will make all the hard work worthwhile.
✵Free worskshop►online RSVP via MBB Meetup►Full name (first+last) RSVP required✵
⭐Neil Hasegawa ⭒⭒ President of Hasegawa General Store (Hāna)
⭐Catherine Nobriga Kim ⭒⭒ President of Roselani Ice Cream (Wailuku) and Maui Soda & Ice Works (Wailuku)
⭐Scott Rabe ⭒⭒ President of Accel Event Rentals (Aiea)
In today’s competitive market, increasing your chance of success can be the difference between success and failure. Come to hear what might make your product (or service) successful, told by those who have been a startup and with the same challenges.
Coming up with your product (or service) is the first step in opening your own business but there is much more to the process. The effort of getting noticed is extraordinary. It’s really hard to get people to try a different product (or service).
It is common for startups to lower the price if nobody buys the product (or service). Standard prices and simple discounts can be replaced by far more exotic strategies, designed to extract every last dollar from the consumer. Be aware that the price tag may be different in Maui, O’ahu, and anywhere outside the State of Hawai’i.
Sales can come later than planned. Unexpected expenses can come out of nowhere. Know how to be prepared when the capital runs out.
⭐Building a Product (or service)⭐includes:
• What type of product would you create
• Pricing considerations and strategies
• Testing the Market
• Finding Buyers
• Choosing Distribution Methods
• Writing a Marketing Plan