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  1. UrbanLegend

    The journey of bringing our first (innovative) product to market

    EXECUTION 
    Hello fellow fastlaners, it's been a while since I last posted an update so here we go. First off merry christmas to everyone. I hope everyone is healthy and safe during this crazy year we had. I want to start off by revealing our product and store. For now we only operate in germany, so...
  2. UrbanLegend

    The journey of bringing our first (innovative) product to market

    EXECUTION 
    Hi everyone, just wanted to write a quick update. The last couple of months we have slowly worked towards the goal of going live with our online store, selling our self developed product. I am pretty much done building out the store. We went with the shopify platform for this. Now we just...
  3. UrbanLegend

    The journey of bringing our first (innovative) product to market

    EXECUTION 
    Yeah when my dad came to me with the idea I looked at the same keyword on google trends. Back pain is a huge issue. Mostly because we mainly sit all day.
  4. UrbanLegend

    The journey of bringing our first (innovative) product to market

    EXECUTION 
    So this weekend we received our prototype and we are very happy. The major question right now is how can we validate our product idea before investing in the mold to produce it? Our product is comparable to a foam roller. It is made of the same EPP material. The biggest brand here in europe is...
  5. UrbanLegend

    The journey of bringing our first (innovative) product to market

    EXECUTION 
    Thanks for your input! Really appreciate it. Especially coming from someone who has walked the walk.
  6. UrbanLegend

    The journey of bringing our first (innovative) product to market

    EXECUTION 
    Hi everyone, it's been a while since I've been active on this forum. As many before me, I tried the whole "selling on Amazon" thing. Well it didn't quite work out and I didn't want to invest more time and money into it. As we all know it violates many of the CENTS. If anyone is interested in...
  7. UrbanLegend

    Germany - Munich

    MEETUPS 
    Hi! I would be interested in another meetup. :)
  8. UrbanLegend

    Hello from Germany!:)

    INTRO 
    Hi David, welcome to the forum! I am also from germany (munich). Great to see more and more people from germany here. Best regards Marco
  9. UrbanLegend

    My attempt at creating a brand by selling on Amazon

    NOTABLE! 
    Since I am still selling it I don't want to disclose the product just yet. But does it really matter that much?
  10. UrbanLegend

    My attempt at creating a brand by selling on Amazon

    NOTABLE! 
    Depending on the product I will try to source it locally for sure. But from what I have seen on Amazon a lot of people will go for the cheap stuff. So this would be a big gamble in my opinion as I would again have to ask for a higher price. But it really depends on the product.
  11. UrbanLegend

    My attempt at creating a brand by selling on Amazon

    NOTABLE! 
    The main criteria is as follows: 1. I have to be able to add real value (Not just list the same product in a different color) 2. The profit has to be 10€ / sale (This leaves more room for PPC) 3. The niche cannot be too crowded. Point No. 1 is the most important and I will spend as much...
  12. UrbanLegend

    My attempt at creating a brand by selling on Amazon

    NOTABLE! 
    Your question is not stupid at all! If I am not able to find a product which fullfills the criteria I will not do it. If I can't add any value offering the product I won't source it. I think it would be stupid not to put what I learned into action. If I fail again I will move on.
  13. UrbanLegend

    My attempt at creating a brand by selling on Amazon

    NOTABLE! 
    I thought exactly the same thing when first challenges came up. The big problem is that it is not only not profitable, but I am operating at a loss. So i have no money to reinvest which makes it impossible to grow the business. I've been selling this product for half a year now and the market is...
  14. UrbanLegend

    My attempt at creating a brand by selling on Amazon

    NOTABLE! 
    I think it's time to update this thread as I haven't posted in a while. To get right to it: My product failed! I wasn't able to make it profitable. These are the main mistakes I made: Didn't spend enough time looking for suppliers and sourced the product too expensive I thought this...
  15. UrbanLegend

    Germany - Munich

    MEETUPS 
    Is anyone there yet?
  16. UrbanLegend

    My attempt at creating a brand by selling on Amazon

    NOTABLE! 
    Thanks! I will try to give an update soon.
  17. UrbanLegend

    My attempt at creating a brand by selling on Amazon

    NOTABLE! 
    No social media was used until now.
  18. UrbanLegend

    Germany - Munich

    MEETUPS 
    Count me in. :smile2:
  19. UrbanLegend

    Germany - Munich

    MEETUPS 
    Either date is fine by me.
  20. UrbanLegend

    Germany - Munich

    MEETUPS 
    Sounds good. :thumbsup:
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