View Full Version : What things should you avoid doing when starting up a new product ?
11-01-2005, 11:20 PM
The market is saturated out there with energy drinks what are the newbies doing to stay around in such a massive competitive arena ?
11-01-2005, 11:42 PM
Most newbies don't stay around. Honestly, the window of opportunity has passed for the smaller, shoe-string budget brands. If you don't have an immense amount of capital and a very solid, dependable distribution network, forget about it. Most new e-drink brands don't get beyond a particular part of the country before they fade away. There are literally hundreds and hundreds of energy drinks in the market and only 4 companies really have any share at all nationally: Red Bull, Coke, Pepsi, and Hansen's.
The real question to ask yourself is: how little are you prepared to sell before you give up on the category?
11-01-2005, 11:49 PM
Thanks for the info Coco Rico interesting point: How little are you prepared to sell before you give up on the category ? I will certainly take this in consideration among other things.
Just out of curiosity, why do you add a poll to every post you make but don't add any answers???
Poll: What things should you avoid doing when starting up a new product ?
What are the things that make or break your product?
Why does so many products end up in energy drink heaven?
This is a poll:
Did you have a good day today?
You don't add more questions in a poll, especially not if they are open questions where numerous answers can be given.
[ 11-02-2005, 03:40 AM: Message edited by: Fry ]
11-10-2005, 10:17 AM
Lets Give this industry the respect it deserves and keep it real and be professional
I am trying to keep it professional, if you don't know what a poll is... don't start one!
11-12-2005, 12:28 PM
The key is to go slow and build a base of business in one area before branching out too quickly. Moving too fast dilutes one's efforts so nothing gets accomplished. This is true in most any product category.