Wednesday, February 27, 2013

Product Liability Insurance...Really?


Article provided by Mark Reyland, Executive Director of the United Inventors Association of America

Most inventors have insurance on their cars, their homes, and maybe even their lives. However few inventors even think about insurance on their products.  
Product liability insurance is a fact of life if you expect to commercialize your invention. We don’t plan on things going wrong, but sometimes they do. That's why ALL major retailers require you provide Product Liability Insurance of at least One Million dollars before they will place an order.

By all appearances Spin Master is a reputable company that makes good products and has been in the toy industry for many years.  They likely didn’t intend to hurt a child – but once it happened I’m sure they were glad they had some insurance protection.

Spin Master Inc. of Los Angeles and Spin Master Ltd. of Toronto have agreed to pay a civil penalty of $1.3 million over sale of a toxic toy that put children in comas, the Consumer Product Safety Commission said on Thursday.

The settlement resolves staff allegations that Spin Master failed to report a defect and hazard associated with its Aqua Dots craft kit, the CPSC said in a statement.

The company also "knowingly imported and sold Aqua Dots, which were toxic and a banned hazardous substance, in violation of federal law," the statement said. "In agreeing to the settlement, Spin Master denies CPSC staff allegations that it knowingly violated the law."

Aqua Dots consisted of tiny beads that stuck together when sprayed with water, allowing children to create various shapes and designs.

By mid-October 2007, Spin Master had received reports that children and a dog had been made ill and received emergency medical treatment after ingesting Aqua Dots, the statement said. The CPSC staff also alleged that in the following weeks, Spin Master received more reports about children falling ill.

The company learned on October 18, 2007, that the toy contained 1,4-butylene glycol (TMG), which, upon ingestion, metabolizes to the controlled substance gamma hydroxybutyrate, the statement said. The next day, Spin Master learned that TMG is harmful if swallowed and targets the kidneys and central nervous system.

The CPSC received two reports in November 2007 that children who had swallowed the product had fallen into comas and required hospitalization. The product was recalled that month.

Please visit the United Inventors Association's website at www.uiausa.org for all of the resources built to protect inventors!

Monday, February 25, 2013

Be Part of our Congratulatory Gifting to Fergie and Josh Duhamel


We have just lined up a fun gifting to Fergie and Josh Duhamel to congratulate them on their first pregnancy.  Products for Mommy, Daddy and baby are welcome!  By being a part of our gifting you will receive all of the benefits of being promoted on our extensive network.

This group gifting is now closed, but we are still offering private gifting opportunities.  This means you would receive all of the promotion online without being grouped with other products.

If you would like to have a private gifting to Fergie and Josh it's $425


If you need assistance with your presentation to make it celebrity worthy it's only an additional $100, with the total gifting price at $525.

Instructions will be sent once you book your space via PayPal.  
If your product isn't a fit for this opportunity either you will be reimbursed, 
or apply it to another gifting.

Get to know more about Celebrity Gifting

Have you ever wondered how other small business owners snag a thank you note, or photo, featuring a celebrity with their product? Celebrity Gifting is how!  But it's so much more than this...it's really about promoting the gifting online for ongoing exposure of your product and associating it with the celebrity. This is where Celeb Hoopla puts your wise investment to work.   We make sure your product is photographed prior to shipping, packaged beautifully with a letter of endorsement, and shipped and tracked to ensure the safe arrival to the intended recipient.


It isn't about the note back....it's about the online promotion you receive!  Our blog postings reach tens of thousands of fans and followers .  While other Gifting services charge up to $2,000 for a Gifting, we offer a number of affordable levels of giftings. We do the research for you, contact the celebrity’s management company, make certain that your product will be welcomed, go out of our way to market you, blog about your products, tweet and facebook your links and more.  The ongoing SEO will be an investment that will benefit your business long after the gifting has taken place!  

What makes us different from other gifting companies is our extensive combined network online.  An average tweet campaign can reach over nearly a million impressions.  Not only does your product get to your favorite celebrity, but the marketing we do for you online is even more powerful and something other gifting companies can't compete with.

Click Here to read what our clients have said about our celebrity gifting service!
Click Here to see past giftings!