Everyone who resides in our target locations. Our Competitive Advantage Beyond every reasonable doubt, the competition in the magazine industry is high but one thing is certain, if you are able to set a standard in the industry, you are sure going to get committed and faithful readers who would not mind paying annual subscription fee upfront.
Once the protype is made, the customer can then license the product and sell it as their own.
In addition to designs that are requested by manufacturers, Simplistic Labyrinth has several products that they have already designed and will try to find the right company to market and manufacture the product. Simplistic Labyrinth Design Studio will leverage their competitive advantages of imagination and expertise to gain market share.
Profits will be variable over time, a function of the revenue cycle for this type of business. The utilization of Simplistic Labyrinth by at least four multi-million dollar companies.
To develop a sustainable home-based design studio that licenses designs to the top manufacturers in their respective fields.
We exist to attract and maintain customers. When we adhere to this maxim, everything else will fall into place. Our services will exceed the expectations of our customers. Company Summary Simplistic Labyrinth Design Studio is a company that designs products, primarily outdoor gear, that is then licensed.
Some of the products are designed and then a licensee is searched for to purchase the design. Other times a manufacturer will come to Simplistic and ask them to develop a product for them.
A commercial walking foot sewing machine. A heat press for applying 2-ply hot tape, 3-ply hot tape, polyurethane hot tape, and nitrile hot tape.
Assorted threads, needles, scissors, and fabric cutters. Please note that the following items which are considered assets to be used for more than a year will labeled long-term assets and will be depreciated using G.
Services Simplistic Labyrinth Design Studio is a full-service design studio for outdoor gear. Simplistic Labyrinth creates designs as per specifications given to them by a manufacturer as well as has designs that were created independently of a request.
The design of the product is only limited by the clients willingness to pay. Simplistic Labyrinth derives their revenue from license fees and prototyping fees. The license fees will be the cost charged to the company to use the product for production.
This differs from a royalty because a license fee will be a one time fee for a set number of items in production. A royalty is typically a per item fee.
The prototyping fees are the fees charged for the production of a prototype, or working model if you will. Some of the items designed and produced by Simplistic Labyrinth will be patented, but only if 1 the design is novel enough to receive intellectual property protection, and 2 if the design is unique enough so that the patent is not easily avoided by changing a relatively insignificant part of the design.
Market Analysis Summary Simplistic Labyrinth Design Studio has two targeted customers, manufacturers who are interested in Simplistic developing a prototype from their specifications or for Simplistic to develop the design. Simplistic will also target entrepreneurs who either have a general idea of some product that they think would sell well and they will have Simplistic design it.
These groups will be targeted primarily through activities within the outdoor industry like trade shows and advertisements in industry journals. Additionally, Simplistic will also specifically target entrepreneurs who are interested in taking a design to market by finding someone to manufacture it for them.
Manufacturers who are looking to sell a specific design and either do not have a design facility in-house, or are in need of the design quicker than their in-house staff can offer.
Entrepreneurs who will license the design and then shop it around to different manufacturers.
The majority of the business will be with the first group. It is not unusual for a manufacturer to look outside of their company to have a prototype made.
There are many companies that are considered manufacturers yet they do not even make any of their products, they farm that work out to subcontractors. Manufacturers will also farm out the design and prototyping work as a cost saving measure against large overhead charges.
Some of the market does consist of entrepreneurs who will license a design and then shop it around to different manufacturers, often overseas to have the product mass produced.
Sometimes they will be responsible for the distribution and marketing of the product, sometimes they will sell the license to their customer.Breaking news and analysis from plombier-nemours.com Politics, world news, photos, video, tech reviews, health, science and entertainment news.
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Husni of the University of Mississippi, the self-appointed, industry-recognized watchdog of 5/5(2).