Page 42 - MICROHUB Handbook - ENGLISH
P. 42

Can you collaborate with some key partners for accessing and

                                             sharing resources?

              Or to leverage their experience, reputation and influence to

                               better engage with target customers?














            Alliances with other key and more established players in the value chain
            can help you reduce business risk by generating economies of scale and

            scope in the manufacturing and provision of your products and services



            Building  and  engaging  in  collaborative  ecosystems  can  allow  you  to
            leverage complementary skills and competences, as well as the power of

            networks, to share the load of starting and growing a business.



            For example, check out how Threadless[2] is crowdsourcing the design
            and then the manufacturing of products, or how Powered by People[3]

            offers a wholesale marketplace for small-batch producers.



            So, who could be your key partners? Think about indirect competitors
            (like distributors or sellers of crafts), support organisations, associations

            or  cooperatives  of  artisans  in  your  region,  etc.  Like  for  example  the

            members of World Crafts Council Europe.





                                     Want to know more? Further information relevant to

                                         marketing, branding, sales and networking is also
                                                                 available in Modules 3, 5 and 7.



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