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Lesson #5: Do Not Lose the Core Essence of Your Product
Harry Potter is no longer just a character who comes to life in Rowling’s seven-book series. Instead, it has become a merchandising and marketing machine all on its own, pushing ahead at full throttle. And while Rowling remains in awe of the success that has been spawned by her stories, so too does she remain wary of the many attempts to capitalize on and commercialize her story of a young wizard.

Other harry potter merchandise Related Articles

Marketing Genius Author Harry Beckwith Interviewed
"I love all of your work Harry!" Harry Beckwith, author of "Selling The Invisible", "The Invisible Touch", and the forthcoming book, "What Clients Love: A Field Guide To Growing Your Business" was a joy to interview because he's extremely rich in character and wisdom.

The Billion-Dollar Author: Harry Potter’s J. K. Rowling Is Born
“I was very low and I had to achieve something,” recalls Harry Potter creator J.K. Rowling. “Without the challenge, I would have gone stark raving mad.”

Lesson #1: Slay the Dragons Standing In Your Way
Today, there are hundreds of millions of Harry Potter books in print around the world. Each book in Rowling’s series has also been on The New York Times, USA Today, and Wall Street Journal bestseller lists. But when Rowling first began to seriously pursue her writing career, the story was a much different one than that.

Lesson #3: Every Spare Second Counts For Success
“Where the idea for Harry Potter actually came from, I really couldn’t tell you,” says Rowling. “I was traveling on a train between Manchester and London and it just popped into my head. I spent four hours thinking about what Hogwarts would be like – the most interesting train journey I've ever taken. By the time I got off at King's Cross, many of the characters in the books had already been invented.”

Lesson #5: Do Not Lose the Core Essence of Your Product
Harry Potter is no longer just a character who comes to life in Rowling’s seven-book series. Instead, it has become a merchandising and marketing machine all on its own, pushing ahead at full throttle. And while Rowling remains in awe of the success that has been spawned by her stories, so too does she remain wary of the many attempts to capitalize on and commercialize her story of a young wizard.

Smart Women Are Like Harry Potter
This article is about women in small to mid-size businesses and how they should reflect on their products and services periodically. When we begin our journey as entrepreneurs, we may start our business with just a few products or services. In the beginning, you create your core product or service---your brand. As the business grows, it’s essential that you begin to dewant tosign or create other products and services that compliment your brand and that your valued customers would benefit from. J.K. Rowling has done an amazing job at creating a series with her core brand (Harry Potter) and then adding more characters and storylines that readers every where want to follow. The same applies to any successful business.

Does your system tells how much you should buy?
Retailing is a delicate balance between merchandise and cash. It’s a high stakes balancing act: commit money early to large quantities of merchandise, and possibly end up with too much; or, commit less up front, saving cash for later, and take the risk of not being able to get the goods when you need them.

Running Franchise Merchandise Programs through Online Stores
Franchises are in a unique situation when it comes to creating a merchandise program; most individual stores have a different owner each with their own opinion on how the business should be run. An online store can ensure consistency across all your promotional products and merchandise.

Is your Inventory Planned ?
While planning the merchandise mix, a retail organization has to start with a clear definition of its merchandise hierarchy. The merchandise hierarchy is a disciplined way of grouping the merchandise mix at different levels, starting from a high-level grouping to the lowest level of the stock-keeping unit (SKU). The grouping may at times have even more than four-five levels such as Color, Size and Design.

The Magic of Measuring
When you hear the word magic, what's the 1st thing you think of? Peter Pan? Harry Potter? For me, magic immediately evokes something so powerful that even I can't screw it up. And that's exactly how magic numbers and measuring work. My goal with this article is to help you get a perspective quite different and apart from what your accountant or financial adviser may suggest. And it's probably the best thing you could ever do for your business - making it fool-proof. Even better, it's MAGIC!

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