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Old October 27, 2011, 01:55 PM
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GordonJ GordonJ is offline
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Join Date: Aug 2006
Location: West Palm Beach, FL
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Default What is a PERFECT product...in your opinion?

Duane,

You raise a good question and I think we all should express our opinions as to what makes a PERFECT product...so I'll begin.

The product I saw being used on a ranch outside of El Paso has been around since 1955 (if memory serves). There have been over 75 million units sold (my best guess). MOST of these units to less than 100 customers, maybe a lot fewer.

Profits are made every step of the manufacturing process because the inventor of the product has ownership, a Toll Position, on everything it takes to get a completed product.

He never sees the steps, never handles the products, does NO shipping or receiving...his ONLY work part is to protect his product and to send invoices and collect checks from a few reliable, pay on time, customers.

Many, if not most, of his customers have automated reordering systems, which means he gets a check cut routinely, without fuss or muss. His customers order the product into the tens of thousands at a time, so his checks are substantial...BIG checks coming from dozens of customers every month.

So, what makes this one of the PERFECT PRODUCTS in my book is;

the owner simply protects his toll position, without much effort and allows the marketplace, with it's automation at work, to fulfill orders routinely...and has been around 5 decades.

What is YOUR Perfect Product Duane...and everyone else?

Gordon Alexander








Quote:
Originally Posted by Duane Adolph View Post
Gordon You're funny!

YES! I know a lot about it (THANKS Gordon)...

I won't spoil the fun...but I will ask you this....

What in YOUR opinion makes this the "PERFECT" product??

Curious as to what specific criteria YOU are using to Evaluate "PERFECT"

Thanks Gordon
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