AUGUST AGENDA (Meeting 8, 2022):
IT’S MEETING #8.  You have taken your initial idea from Product Concept to Finished Prototype.  Costed materials and manufacturing. Explored ways to sell your product.  Completed Patent Searches and Early-Stage P&L’s.  Developed Business Roll-Out Timelines. Built a Proof-of-Concept Prototype for presentation and proof of performance. 
NOW you are Ready to FINALIZE YOUR SALES CHANNEL and Find a SALES REP to SELL IT (if that is what you decide)
LEARN: Understand Distribution Systems and Your Options 
  1. How Distribution Channels Work
  2. What are Your Options (Pros & Cons)
EXAMPLE Strategy 1: Networking / Introductions / Referrals
  1. Networking with suppliers, manufacturers and retailers
  2. Reviewing and Prioritizing Reps
  3. Contacting and Presenting Your Product/Prototype 
EXAMPLE Strategy 2: Minneapolis Mart
  1. Searching Minneapolis Mart Website to Review Manufacture Reps and Product Lines they Represent 
  2. Reviewing and Prioritizing Reps 
  3. Contacting and Presenting Your Product/Prototype 
EXAMPLE Strategy 3: Online Search for Local Manufactures Reps
  1. Search Terms
  2. Category Rep Search
  3. Reviewing and Prioritizing Reps 
  4. Contacting and Presenting Your Product/Prototype 
Every Month Jahn Stopperan, our Lead Developer, will also be showing you the Progress of “OUR” new product from the previous month.  As we mentioned above, you will all be able to give us your ideas on what you like and what we might consider to make it even better. THAT WILL PROVIDE LEARNING FOR ALL OF US!! …….And even more for you, as you develop your own product idea.
PRESENTATION UPDATE – We presented our “Ring-It” Ring Toss to Minneapolis Mart Toy Manufacture Reps
  • Demonstrated our Prototype
  • Reviewed 1-Page Product Overview (Pricing/Pack Size/Order Quantities/Order Lead Time/Etc/)
  • Got Feed Back on elements that could be better / make the product a better fit for the Rep & Retailers
  • Learn our New Timeline to Revise/Change Ring-It Product Configuration and Improve/Enlarge Product Feature Display Card
YOUR QUESTIONS:  IF You Have Any Specific Questions You Would Like to Have Answer at the Meeting, You are Welcome to Email them prior to the meeting to:
JOIN US Wednesday, AUG 17TH  
TIME:  6:00PM-8:00PM  (Networking 5:30-6:00 and 8:00-8:30)
WHERE: 1001 HWY 7, Eisenhower Community Center (Just West of HWY 169), Hopkins MN 55305
COST:  Guests ($15.00) / Members FREE ($80.00 Annual Membership).  Pay at Check-In with Cash/Credit Card. 
About Inventors Network: Inventors Network is committed to the Minnesota Inventor Community with; Guidance, Resources and Networking. Monthly meetings (3rd Wednesday) include: Speaker/Topic of Interest with Q&A; Informational Roundtables on Manufacturing/3D-Printing/Prototyping/Legal/Marketing and Licensing.