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OUT-DESIGN. OUT-SOURCE. OUT-PROFIT!
ASSET BUILDING
PRODUCT DESIGN
with TRACY HAZZARD
Product & Brand Strategist
ASSET-BUILDING VALUE
…is Original
…is Long Lasting
…is Priced for Profit
…is Competitive Proof
True or False?
The Best
Brand Wins
True or False?
The Best
Product Wins
Too Many Product Failures
BIG BRANDS FAIL…
...they have a SECRET FORMULA!
Why Do So Many Fail?
12%
28%
26%
16%
18%
Wrong
Plan
Lack of
Capital
Wrong
Market
Wrong
Product
Wrong Team
FAILURE TO LAUNCH
2016 Compilation of HBR,
Forbes, Inc. & Entrepreneur
54%
CASE STUDY: STRIPED SHIRT
LAURA BECK
Striped Shirt
Old
School
Lessons
Tracy & Tom Hazzard
IP & Entrepreneurship – 26 Intl. MBA Programs
250+ Products
$2 Billion in Sales
WANT THE PROFIT FORMULA?
Out-Design. Out-Source. Out-Profit!
ASSET BUILDING FORMULA
OUT-DESIGN +
OUT-SOURCE
= OUT-PROFIT!
Seed & Self Fund
Series A• Inception • Product/Market Fit
• Scalable Growth
Source: NextView on Capital
2014 - PRESENT
SHOW ME
PROOF!
Out-Design. Out-Source. Out-Profit!
OUT-DESIGN
ME-ONLY Territory
Research Fit OFF-LINE
What WOMEN Want
DESIGN OUT Costs
1st
GOOD DESIGN
…is Right Fit
…is Intentional
…is Cost Effective
…is VALUABLE!
Design
IS NOT
OPTIONAL
NICE TO HAVE
CREATIVE
Design is ESSENTIAL
to sales success.
CONSUMERS MARKET
26
ME-TOO. ME-SPECIAL. ME-ONLY!
Research: MARKET + PRODUCT FIT
Reachable Market
Quantifiable Data
Shows Competition
Me-Too MIN
Me-Only MAX
WRONG WAY
TO RESEARCH!
Out-Design. Out-Source. Out-Profit!
GOOD MARKET RESEARCH
Survey-Style Feedback
• Apps: Field Agent or Mobile
Market Research
• Freelance research moderators
Focus Groups
• Quantitative & Qualitative
• DIY: Non-Profits & Meet-ups
COMPETITIVE PRODUCT RESEARCH
FIND OUT WHAT WOMEN WANT
86% of retail
purchases bought or
influenced by women
GO HEAD-to-HEAD
Locally Grown
Organic Lettuce
$2.99
Aquaponic
Lettuce
$1.99
Grown with 50%
Less Water
LOW COST RAPID SAMPLING
MARKET PROOF: 3D PRINTING
Don’t
Kickstart!
INSIDER TIP FOR BIG BRAND VALUE!
WHICH
FUNDED?
Out-Design. Out-Source. Out-Profit!
+ OUT-SOURCE
Go Direct IN-PERSONAL
REDUCE Risk
Design OUT COST
& Complexity
OUT-DESIGN
BUILD IN-PERSON RELATIONS
DUE DILIGENCE BOM LEVERAGE
VOLUME MISMATCH QC/QA/TESTING
NO RELATIONSHIP
COMPLIANCE
IS NOT
OPTIONAL!
INSIDER TIP FOR BIG BRAND VALUE!
RISING COSTS PER SKU
Out-Design. Out-Source. Out-Profit!
= OUT-PROFIT!
OUT-SOURCE
COMPETITIVE Proof
Designed to LAST
Built for PROFIT
SOLD for Higher Valuation
OUT-DESIGN+
CONSTANT PRESSURE
USE PATENTS &
TRADEMARKS
FOR OFFENSE
INSIDER TIP FOR BIG BRAND VALUE!
HOW WE BULLET PROOF IP
o Intentional Invention
o Provisional Patent First
o Hit Competitive Gaps
o Patent Fortress
DESIGNED TO OUT-LAST
BUILT FOR PROFIT
12%
28%
26%
16%
18%
Wrong
Plan
Lack of
Capital
Wrong
Market
Wrong
Product
Wrong Team
PRODUCT-MARKET FIT =
2016 Compilation of HBR,
Forbes, Inc. & Entrepreneur
BETTER
ODDS!
SHOW ME
THE $$$!
I hear it all the time…
It will cost too much.
It will take too long.
I can do it myself.
Out-Design. Out-Source. Out-Profit!
BIGGEST PRODUCT
LAUNCH ‘HAZARDS’
Too Many Niches
Over-Patenting
Being Me-Too
Carrying Too Long
Time Wasters
Too Much Inventory
Staying Secretive
Not a Core Source
Cost-Basis Priced
Out of Compliance
10
TOO MANY NICHES
TOO MUCH INVENTORY!
OVER-PATENTING
TOO MANY
SECRETS
ME-TOO
DON’T SHOP… CORE SOURCE!
WARNING! OVERSTOCK COSTS
COST-BASIS PRICING
TIME
WASTERS
Out-Design. Out-Source. Out-Profit!
ASSET BUILDING FORMULA
OUT-DESIGN +
OUT-SOURCE
= OUT-PROFIT!
DESIGNED TO SELL FOR MORE!
CONNECT:
BOOK: meetwithtracy.com
TRACY HAZZARD

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Editor's Notes

  1. https://www.youtube.com/watch?v=aP_KBl9sWmk&feature=youtu.be