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GOLD! I will help you find a product to sell on Amazon

Discussion in 'General Entrepreneur Discussion' started by biophase, Aug 21, 2017.

  1. tmb22
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    tmb22 New Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER

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    click on @biophase go to his profile page and read all of his GOLD threads
     
  2. BoujeeBanker
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    BoujeeBanker New Contributor

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    Hi Biophase,

    are you still doing the paid courses? If so, when is your next one?
     
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  3. 21elnegocio
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    21elnegocio Bronze Contributor FASTLANE INSIDER

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    I am interested too @biophase


    Sent from my iPhone using Tapatalk
     
  4. biophase
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    biophase Legendary Contributor I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Sorry, not doing coaching anymore.
     
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  5. 21elnegocio
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    21elnegocio Bronze Contributor FASTLANE INSIDER

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    How about a course?
     
  6. Siddhartha
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    Siddhartha Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    I haven't hucked out the money for a hulu subscription to get shark tank yet, but this thread may be even better than that.
    Seeing the first post describing product innovation, evolution, and coming to market; followed by so many people presenting, getting critique, and then reacting and putting their product out there is almost literally invaluable.

    ---------------------------------------------------------------------------------------------------------------------

    I've been kicking around an idea myself, for an all-natural male-oriented deodorant and deodorant line. This may do better off of amazon, but I haven't found any competitors in the space or an amazon yet, aside from one company that makes just happens to have one type of their main line being gender-neutral.

    Identified value skews:
    +All-natural, feel good about yourself that you're not getting industrial chemicals in your bloodstream.
    +Natural scents extracted via essence
    +Gentle formula that is robust but doesn't encourage reactions
    +Anti-bacterial, fulfilling it's role as a deodorant
    -Not anti-perspirant
    -Other products in the niche can be 8-10$ per stick, mine would be too to make decent money.
    -Staying power of some oils is questionable, while some may be hard to wash off

    CENTS Checklist:
    Control- I can produce the bars (and have) myself, but can be delegated to cosmetics labs. If one lab drops me, I pick another. Amazon itself can come down on me or clone my product, but if they do, I would make the jump to physical/online store distribution
    Entry- doing it on a micro scale is relatively easy IF you want to make a paste, not a bar; Making a solid bar formula like I've developed requires a good amount of research and trial and error.
    Need- This is ambiguous to me; This is something I personally want and am frustrated by, I can imagine that with the 2010s health explosion, there are other men that would want to smell great and not kill themselves while doing it
    Time- Provided I construct the correct Lab> packaging > warehousing + Customer support setup, it should be fairly automated. I Haven't done this before so I may be underestimating
    Scalability- If my first two offerings work, I can branch not only into further scented offerings, but different types, and potentially an entire Natural male body care suite of product.



    Overall this would be a lower-profit item and much more of a commodity; my biggest inspiration for this is hearing the story of Burt's Bee's story on NPR's How I built this
     
    Last edited: May 3, 2019

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