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Our new white, pink and green A4 Magic Whiteboard will be available soon in all 236 Ryman stores in September. We are also launching our coloured erasable Magic Sticky Notes – now available in white, pink, green and clear.
Dragons’ Den Deborah Meaden will be visiting us at The Office Show at Olympia London on 13th Sept. Please come and say hello on stand 3045.
Magic Whiteboard is one of the most profitable and successful investments on BBC Dragons’ Den. Theo Paphitis and Deborah Meaden invested £100,000 for 40% of Magic Whiteboard. It has been 4 years since we appeared on Dragons’ Den and Magic Whiteboard is available in 236 Ryman stores, 137 Staples, Office Depot and many other office supplies companies. Magic Whiteboard exports 20% of its turnover to USA, Australia, Norway, Sweden, Denmark, Hong Kong, Netherlands, Poland, Czech Republic and Turkey.
We have a full range of products that include – Magic Blackout Blind – a temporary blackout window covering, A4 Magic Whiteboard sheets, erasable and reusable Magic Sticky Notes and a colourful Magic Blackboard.
We also have a Magic Drawing Pad app for the iphone http://itunes.apple.com/gb/app/magic-drawing-pad-for-iphone/id409137401?mt=8 and ipad itunes.apple.com/gb/app/magic-drawing-pad/id399628235?mt=8
1. Make sure the market is big enough. Ask yourself, how many customers will buy this product?
2. Keep your costs as low as you can and don’t waste time or money.
3. Use a combination of PR, marketing and advertising to let customers know about your products.
4. Manage your cashflow and make sure people pay you on time.
5. Remember to make a profit.