365Drills is part of the 365Group run by Richard Hazell. He is married to Phillippa and has a daughter called Fay. They live near London.
.Tile drilling options in 2005 were:
The tile outlet would not accept the tiles back because porcelain is a specialist product. Further, they had no tools to deal with it and said to try elsewhere. The first step: Having experienced the problem first hand Richard decided to do something about it. Backround: At the age of 13 Richards father decided to build a house from scratch. The family moved to Hertfordshire and set about turning a plot of earth into a home. At that age picking up and learning skills is easy. Richard spent most of his time after school hanging about on site watching and helping the trades. Fast forward to age 34. Richard bought and gutted a house taking five years to complete it using many of the skills he had witnessed twenty years ago. It was during the construction of his own home the difficulty of drilling tiles identified itself. By reverse engineering the problem a number of things were noted. Diamond is the only material tough enough for stone so everything in contact with the tile surface had to be made of it. The most costly part is the center pilot. Amazingly competitor systems use carbide pilots with a short life but with a fatal flaw. To prevent burn out they require elaborate water cooling systems with jets to continuously pump water over the drill tip (and of course the floor).
Center pilots caused more problems than they solved so the eureka moment was to remove it and design a new way to hold a core. Richard's idea was for a drill plate to control the core from the outside and he explained the concept to his friend Andrew Goodman. Andy owns GMTools and offered CAD software used to design injection moulds. The
prototype stage
. Commercial opportunities [Patent filed 2005] GB2434558 IPC23B49/02; B23B49/00 Worldwide 25-1-06 Application Number GB20060001484 20060125 Published 1 8 2007 at espacnet.com
The first point the patent attorneys raised was an issue of ownership. Because Andrew volunteered his time, input, software, machinery to aid the invention he was classified as a Co-inventor. It was the testimony of true friendship that when asked if he wanted to share he declined. A short contract was drawn up by HLBBShaw and for the cost of £1 Andrew signed over his rights to the intellectual property, copyright, design rights and patent.
The
route to market Once the patent was filed Richard began the marketing approach to the retail sector. His career was in the pharmaceutical industry from the age of 16 to 38 and so he knew nothing about retail. To begin with Richard wrote and designed his own online website and shop. Sales were instant and to this day continue to drive revenue which funds the offline marketing campain to the retail sector.
Six members of 365 are shown with two tile training staff from PTS in Harlow Richards wife's income now paid the mortgage and bills while he began his gamble to bring the kit to retail. In mid 2007 the 365 team attended the trade show "Tile and Stone Show" to raise the company profile and have some fun too! As you can see from the shots above everyone seems to be enjoying gettng the brand NOTICED. But would the tile industry take us seriously?
Dragons Den - Series 5 [2007] 365-Drills pitch In July 2007 the owner of 365Drills Richard Hazell pitched the idea to TV show BBC Dragons Den. Initially the investors were wary but one of the dragons, Peter Jones, tried it and agreed it worked really well. Deborah Meadon loved the idea so much she offered help with free industry contacts.
The downside of the pitch was the level of investment and equity on offer. None of the Dragons was prepared to part with £100000 for 10% and so no deal was agreed. The BBC decided not to broadcast the pitch in series five because it had too many other ideas, so the public have yet to see diamond drilling on TV. But true to her word Deborah Meadon has come up with a powerful range of distribution companies willing to bring the kits to the retail market this year. And she did it for free!
Peter Jones with Richard Hazell trying the Porsadrill tile drill system The Distributor.. ! - Reaching large Retail Outlets - Arctic Products In June 2008 Richard Hazell signed a deal with Arctic products for UK distribution of Porsadrill
Richard Hazell and Nigel Stokes of Arctic Products. In
the next marketing stage we are approaching the serious high street retail outlets
like Jewsons, Travis-Perkins, Topps-Tiles, B&Q, Homebase, Wicks, Bathstore
as well as other large companies like PTS Plumbing, Jack Pennington, Amec Construction,
Toolbank etc with the fully developed drill kits. The objective is to provide
volume sales of this system placing it within easy travel times for our customers.
Richard & Nigel at the National Institute for retailers event UK Production for volume sales We have invested capital into elegant packaging solutions. And now have full time teams of packing operators, engineers, production supervisors and warehouse staff able to produce large volumes in short periods of time. We are fully UK based so jobs go to UK people. We also source and purchase UK materials and maintain our own UK equipment. We do not export production abroad. But we do export our kits abroad bringing revenue back in.
Richard Hazell at one of the packaging lines for 365Drills Porsadrill producing tile drills for very hard porcelain
Tile Drill kits coming off the packing line conveyer at the 365 drills factory. The future "Our drilling kits make life easier for installers and one day the retail market will agree with us".
There is a great team at 365 and we really care about our customers and product. We are still on our journey and I wish I could tell you we achieved our objectives of reaching the retail market. But the path is not easy. There have been some successes but plenty of knock backs. We are willing to learn, very hard working, and given time confident we will succeed. We are always ready to listen to any advice or tips. If you can help PORSADRILL, the product or have improvements then we would love to hear from you." The highs and the lows of striking out The biggest high was definitely testing the prototype. We took it off the machine and tried it (on of all things) a glass window in the door of the factory tea room. I pressed it against the glass and the plate gripped with force and within an instant. So I spun the diamond core. It scribed a perfect hole into the glass thus vandalizing the window! But in those early seconds I knew we had a winner. The lows are with the retail industry. We have been let down by so many large companies who invite us to come and to share our information about sales and technical information. Then instead of placing orders they refer back to established suppliers and ask them to copy us. Small businesses produce 60 per cent of commercial innovations in the UK and it vital to the country's economic success that their ideas are supported, not stolen. Two years ago there was nothing in the market and what annoys us the most is to see crude alternatives instead of this elegant and simple value for money solution.C R PRESS RELEASE 365Drills provide value for money with Porsadrill Current trends have changed in kitchens and bathrooms as tastes become grander! Materials used in construction of tiles have become much harder as the size increased. CURRENTLY there is genuine difficulty drilling very hard porcelain tiles. Existing methods require an industrial diamond drilling rig costing hundreds of pounds. Due to the increasing popularity of the hard tile market there existed a gap in the market for a low cost alternative. 365Drills produce an "all in one solution" for £50. Known as the BFKMX or Bathroom Fitters Kit it consists of 2x6mm 2x8mm 1x16mm 1x30mm 1x40mm and is designed as a total installation solution. The range is enhanced with 37 other sized kits in the £30 to £50 bracket giving installers a choice between industrial systems at a premium price or the new lower cost systems. The developmental breakthrough came when 365drills replaced the pilot drill with an inexpensive guide plate which purpose is to hold a diamond crown steady and prevent its slip on any type of tile. Removing the pilot eliminates cost but also the need for a water feed. Jetting water to a drill site is messy but without a pilot to cool means a significant reduction in the quantity of water needed. This saves time for the installer and keeps the installation site dry. Retailers can benefit from this system too. Short life kits ensure installers return for replacement kits plus additional sizes and of course other items at the outlet. In fact a lot of installers who own expensive rigs supplement their equipment with the cheaper kits for one off sizes and jobs. Each pack is bright, vibrant with contents highly visible to customers. Packs take up little footprint, have comprehensive instructions, a user friendly look and are simple and obvious to use. In contrast industrial rigs look complicated, have many additional extra parts and the initial outlay is a barrier to purchase. Installers often worry about capital equipment being stolen from site, van or night storage so limit spending to essential items. The loss of a 365drills kit is more a nuisance than a capital outlay. Installers also appreciate the kits are priced at a quantifiable cost that can be added to a customers invoice and a fixed cost that can help price up a job. Presenting the kits as a consumable item to clients increases their profit per job and allows the pricing of jobs to be done with accuracy. 365drills Becomes the newest member of the TTA [Sept 08]
In September 2008 365DRILLS became the newest company to be accepted into the TTA. References were provided to them as well as full disclosure of company ethics, trading, finances and strategy. The company has been trading for three years and has exceeded the requirements to become an approved member of the association. Until Dec 08 the company will be on a probationary period so membership can be revoked but everyone at 365-Drills are confident this trial period will fly by and that will continue to fly the TTA banner on site and paperwork.
Direct Selling "off the page" with The Sun, Mirror, Daily Mail. Early 2009 in this very tough year we are about to embark on direct selling via newspapers and their "off the page" ad formats. We have completed a full colour page and this will be launched to 3.2million readers in the early part of the year. The objective is to drive demand from the ground up. Retailers are not accepting new products and are resistant to marketing as the credit crunch bites. However we will continue our marketing and push toward the retail and volume end of supply We were finalists in the TTA award for the product most likely to help the tile industry. Having tried off the page ads we realise that its too expensive and our price points are too high for that type of market. Nothing ventured nothing gained... So marketing is concentrated on low cost ads in the tile magazines. Some ads in the glossy home building mags. And exhibitions. July 2009 saw another editorial in the Professional Builders Mag.
Thanks to the guys at the mag for this ! this is helping boost our brand which has now been stocked by Corgi We've Moved. Our factory which was in Christchurch in Dorset has reached its limit so you will now find us in Worksop near Sheffield. This move allows us to be more efficient in our packaging and lets us work with bulk demands without upsetting any residential neighbours with our compressors essential for the tamper proof packaging we make for the retail stores. We now have the capacity and staff to run 24/7 if demand calls for it! October 2009 we are seeing exports increase due to the weak pound which is good. We are exporting from our UK factory to Australia, Spain, Norway, Ireland and Malta. October 2009 and Phillippa decided back in Christmas 2008 that life as a Finance Director is not everything. Having spent the last 4 years supporting Richard in his quest to get this product in front of retail buyers Phillippa believes itstime for her to do something that she wants in life.
Phillippa as of Oct 2009 (and in Red Dress at the TTA Awards Dinner...) Its a girl.
Richard & Phillippa Hazell out celebrating 6 weeks after the birth.... And now with PORSADRILL established both online and in a few independant retailers there is a secure enough base for Phil to take a break in her career even if just on a temporary basis. The fight to get these kits into retail just got serious! To Be Continued..... |