The economic rivalry between the United States and China has intensified, with trade disputes escalating into what many predict could be a prolonged trade war. The implications of higher tariffs on Chinese goods are far-reaching, not just for governments but for businesses and consumers globally. Importers, particularly in the U.S., face potential disruptions to…
Comprehensive Guide: Conducting Market Research for Your New Product Idea
Launching a new product successfully hinges on understanding your target market, trends, and consumer needs. Market research is a critical process that validates your product concept, ensuring it aligns with real consumer needs, competitive positioning, and market potential. Here’s a step-by-step guide on how to conduct market research effectively for physical products, from initial…
From Concept to Market: A Comprehensive Guide to Developing and Manufacturing a New Sporting Product
From Concept to Market: A Comprehensive Guide to Developing and Manufacturing a New Sporting Product Designing, developing, and contract manufacturing a new sporting-related product from scratch involves a strategic, multi-phase approach. Whether you’re creating the next breakthrough in fitness gear, protective equipment, or recreational sports, success is built on careful planning, design, prototyping, and seamless…
Mastering Custom Molded Plastic Production: Simplify Sourcing from China and Vietnam
Creating a custom molded plastic product can be a complex process, especially when sourcing it from factories in China or Vietnam. Using a partner company like International Product Solutions (IPS) can streamline this process, reduce risks, and help ensure a successful outcome. Here’s a guide to help you navigate this process: Define Your Product Specifications…
A Guide For Turning Household Product Ideas into a Reality
Do you have a household product idea? If so, you are already halfway to bringing a revolutionary product to market. However, transforming that idea into a tangible, ready-to-distribute product is where the challenge lies. This is where partnering with a product development and manufacturing management company like International Product Solutions (IPS) becomes invaluable. Here is…