Thanks guys! The LT Trunk Latch deal is a neat study in business. This is the first time I've done an "internet business" and the first time I've had PayPal connected to my business to TAKE IN money! Usually it flies OUT through PayPal.
A friend from another board suggested this product to me in 2005. He had just bought an LT and of course, his Latch Handle was broken. He suggested that I design/build a better part. I did. I designed/procured materials/programmed CNC/designed and built fixtures/produced 100 kits. He was going to sand (the curved surface that matches the trunk curvature), paint, package, and distribute these products. You might recall the name, "Millenhaus".
After TONS of work, all on my time, with my money (inventory/tooling), I sent these kits to him, 100 kits! That's confidence in an untried product! The very first one is on his bike. He's WAY overloaded with family and unreal work load in his profession. Suffice to say that the business deal fell apart. After a couple of years, I finally had the remaining inventory back in my shop. I got pissed and said, "I want EVERYONE out of my pockets!"....Webmasters charge $1000 bucks each, then they're too busy with other stuff to make changes/updates. NO MORE!
I got pissed and brought it ALL in-house. I spent $13 registering the LT domain name (the www. ) and I spent another $40 on downloading website software. Plus it took me several days of jacking with it to make it work. THE website, I did. I did the whole thing. Period. While I do sometimes get bogged down, I do EVERY SINGLE ASPECT of this business!
How has it worked? It has been an AMAZING little "recession fighter"....it's really neat when I check my email and see that YOU have sent me money via PayPal! THANKS!! This is my FIRST venture into internet marketing and distribution. It's NEAT! I work my ass off over here! Both with this business and my engineering profession. I'm not getting rich, it's not hugely profittable, but it's really NEAT how money trickles in.
Interestingly, the units I export. I've shipped a bunch of these to France! And a good number to Canada. Hmm. Of course the bulk is in US sales. Y'all have been GREAT to deal with! Thank you for the business!! It's a win-win deal!!
Next chapter, the Fix It Before It Breaks product.....to be continued....