The Corridor Journal of Strategic Alliances Long Island - Global | Page 10

MANUFACTURING & TECHNOLOGY A Head for Business Overseas By Andrew S. Hazen In 2003 when I picked-up a bobblehead in a Spencer’s Gift Store and thought about my dad and me selling bobbleheads online, I never imagined that a decade later we would be one of the largest custom bobblehead manufacturers working with four factories overseas and over 100 skilled sculptors and artists. From 2003 thru 2010 my father, Michael Hazen, and I were leveraging my ability to drive Internet traffic with an eCommerce bobblehead business at www. AllBobbleheads.com (no storefront) that bought bobbleheads wholesale and sold retail online. AllBobbleheads was really a hobby that quickly turned into a six-figure business. As sales plateaued in 2010 we became a “me-too business” and I knew it was time for us to pivot! At that same time we did a joint venture with a group that had the license for Michael Jackson bobbleheads except they could not manufacture the dolls. We seized the opportunity and brought in Stewart Barnett as our partner because Stew had decades of experience in licensing, manufacturing, importing and selling to brick-and-mortar stores, which we desperately needed help with. Needless to say, between online and offline sales, we sold tens of thousands of Michael Jackson 10 bobbleheads and quickly became experts in bobblehead design and manufacturing. As the Michael Jackson bobblehead frenzy was underway, we received many inquiries about our custom bobbleheads and minimum order quantities. It seemed as though the industry standard was to manufacture no less than a few hundred bobbleheads, which was confirmed when we contacted several factories overseas and they would not produce orders under 500 pieces. “What if we could make just one single custom bobblehead at a time?” I asked Michael and S tew during one of our regular Saturday morning meetings. Both of them smiled from ear to ear and we knew instantly we had a BIG IDEA! Tons of research and sleepless nights ensued as we explored options on how we could design and manufacture one custom bobblehead at a time and deliver it to our customers’ door. We contacted countless polyresin factories across the globe to find one that could not only communicate with us but would be willing to manufacture one bobblehead at a time. Obstacles such as language, time differences and currency did not discourage us nor get in our way; in fact I think it drove us to succeed! Our perseverance paid-off (literally) when we finally connected with a factory-owner overseas who not only could communicate in English via email but could also speak with us in English on Skype. We began placing small test orders to validate that we can produce small order quantities for handmade bobbleheads overseas, ship them to customers all over the world and handle all the customer service here in the U.S. We learned A LOT in the beginning and quickly saw, heard and felt that doing business overseas is very different than doing business in the U.S. The twelvehour time difference is typically advantageous as work is literally being done while we are sleeping but can be frustrating at times when you need information at 4pm EST and it’s 4am overseas. There are also times when cultural/language differences impact our work, like when a person requests ‘mutton-chops’ (a/k/a sideburns) on their bobblehead and instead of sideburns, the person’s cheeks literally have the word ‘mutton-chops’ affixed to them #OhMy! Having successfully worked with one factory for nearly a year manufacturing thousands of custom bobbleheads, one at a time, we took a two week trip across the globe to not only visit our one factory but to find more! We worked with several trade agents in advance of our trip and even used LinkedIn to connect with potential new factories and scheduled visits. In less than one year from our start, AllBobbleheads was manufacturing bobbleheads in two factories and within three years we now work with four factories and have licenses with NHL, MLB, NBA, WWE, Betty Boop, Popeye and more. This summer, AllBobbleheads made the Inc List of Fastest Growing Companies Ranking #72 in the U.S. and #4 in New York. www.TheColtraneHome.org Helping Long Island Companies Raise Growth Capital for 30 years! Manufacturing overseas certainly has its challenges and quite frankly my partners and I would like nothing more than to manufacture our bobbleheads here in the U.S. We’ve been researching and testing 3D printers for years but the quality, speed and cost are still not right; I suspect it will be another two to three years until we can seriously begin manufacturing bobbleheads here in the U.S. Andrew Hazen, in addition to heading AllBobbleheads, is an angel investor, domain-name “addict”, and CEO of LaunchpadLI, which offers space and resources to startups and early-stage companies in Mineola, Huntington, Great Neck, Stony Brook University and at NYIT, with more to come. Register at http://LICapital.org/event-2010657 Mark Your Calendars! Health Care Capital Forum January 15, 2016 Long Island Capital Alliance Promoting Business Growth on Long Island www.LICapital.org