094: How New Startup Products Get Into Big Retailers - MAKO Design + Invent

094: How New Startup Products Get Into Big Retailers

MAKO Design + Invent – September 22, 2021

With Yohan Jacob, Founder and CEO of RetailBound

Yohan Jacob is the Founder and President of RetailBound, an agency that helps emerging hardware brands get into major retail stores and sales channels. RetailBound has been around for 14 years and has worked with over 4,000 product companies. Yohan himself has spent 30 years in the industry, including being a major buyer for Sears and Office Max. Today Yohan is going to share some valuable knowledge on how inventors, startups, and small manufacturers get into the big retailers, including the 3 major tips on what retailers are looking for these days, and furthermore, how to succeed and scale once you are on the shelves with your invention.

Today you will hear us talk about:

  • The difference between retail and marketplaces
  • Three traits retailers look for: Unique, capitalized, nice people.
  • Three metrics retailers look for:
  • 1. Revenue, profitability, inventory turns
  • 2. Past sales history
  • 3. What are you going to do to build awareness
  • It’s not just about sell-in, but it is about sell-through.

EPISODE LINKS

Yohan Jacob / Retail Bound Links:

The Product Startup Podcast Links:

Mako Design Links:

Kevin Mako Links:

Thanks for tuning in! See you next time.

About Us: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to small businesses, startups, and inventors. Simply put, we are the leading one-stop-shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent referral, prototyping, and manufacturing services. To assist our startup and inventor clients, in addition to above, we help with business strategy, product strategy, marketing, and sales/distribution for all consumer product categories. Also, our founder Kevin Mako hosts The Product Startup Podcast, the industry’s leading hardware podcast. Check it out for tips, interviews, and best practices for hardware startups, inventors, and product developers. Feel free to Contact Us anytime for help with your project.