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Play your cards right: presenting a case study in striking the best deals to launch your own great product on a limited budget.(Innovations)

Entrepreneur

| March 01, 2003 | Debelak, Don | COPYRIGHT 2003 Entrepreneur Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

THE ENTREPRENEUR: James Tiscione, 49, and Anthony Tiscione, 79, founders of ACM Enterprises in Tucson, Arizona

PRODUCT DESCRIPTION: The Auto Card Manager (ACM), a thin metal case that holds a driver's license and up to five credit cards. When users push one of the six buttons on the case, the selected credit card is dispensed.

START-UP: $50,000 in 2000 and 2001, to pay for the first production run of 25,000 units

SALES: $1.8 million in 2002

THE CHALLENGE: bringing a new product to market with a limited marketing budget

JAMES TISCIONE DIDN'T HAVE A LOT of money when he launched his business, but that didn't stop him from finding a way to bring his unusual product to market. Here are the steps he followed:

Steps to Success

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