Everything About Creating the Product, Prototyping & Manufacturing With Jason Wong, Managing Partner of Wonghaus Ventures
In this episode we’re proud to introduce Jason Wong, a Managing Partner at Wonghaus Ventures. There, he has helped dozens of successful brands with the modern fast to market, fast to sell approach. We will be covering quite a few topics today, including how eCommerce businesses should source their products, how to get the best pricing from the manufacturer, and how to manage quality control to ensure your product meets your specifications.
On this episode:
- [0:43] Jason introduces himself and describes what he does.
- [1:21] How Jason got into eCommerce.
- [2:15] The best way approach building a product from scratch.
- [4:28] The influence the internet has had on testing products.
- [6:24] What is the best way to go about building a prototype?
- [8:16] Tips on finding suppliers for a new product.
- [10:58] How to avoid being scammed by a supplier.
- [12:46] What you can do to find the right supplier for you.
- [14:50] When it’s best to find a local sourcing agent.
- [18:48] How to balance quality and price when choosing a supplier.
- [20:42] How can you get a discount from a supplier?
- [22:01] The other aspects of your deal that can be negotiated.
- [22:49] Managing quality control in the manufacturing process of your product.
- [24:48] How to find Jason’s sourcing agency.
- [26:24] What can you do if your product does not come out correctly?
- [28:01] Examples of product defects Jason has encountered in the past.
- [33:26] What countries Wonghaus Ventures sources products with.
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