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: bespoke product design & marketing

Do you ever wish that your business was able to offer a specific product or financial arrangement to the industry and or the general public? Or that you had your own bespoke version of a product already on the market?

If the answer is yes, then help is at hand.

The Directors at Palladium Solutions have significant experience in developing and marketing bespoke products and have been involved with a company that has advised high profile companies at an institutional level in this important area. We have experience working with different institutions, and bringing together the different services and products they offer to create and package bespoke solutions and products. The types of product could include anything from bespoke investment products to tax planning packages.

We are able to help your business, whether you are for example an IFA with no Product Development resources, or a large life office with a full Product Development Department in place.

In the example where you do not have a product development Department, a very simplified example of what may be required could be as follows:

  1. Meet to discuss the proposed new product
  2. Palladium Solutions to do appropriate research and analysis to find out the viability of the product.
  3. If viable work on appropriate initial product specification.
  4. Once the planned specification is agreed, Palladium Solutions will review the appropriate suppliers and product providers (could include investment banks, life offices, administrators…) to find the most suitable suppliers for the product.
  5. Negotiate terms with the various institutions.
  6. Put the product together. This involves bringing together all relevant institutions and legal and compliance etc.
  7. Prepare Marketing material for product
  8. Arrange product launch including PR etc
  9. Arrange distribution of the product
  10. Hopefully reap the rewards of the product

On the other hand, if you are a business that already has a Product development department, you may want to outsource everything to Palladium Solutions as you do not have enough resources, or more likely, you may want Palladium Solutions to look after certain aspects of the project for you.

Technical & Marketing Resources Overview >>
Technical Marketing - Guides >>
Technical Resources >>
The Wallet Finance Guide >>

 

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