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Time for an update:
2nd Product launch is going well. I received 5 reviews so far from the 10 coupons that I gave out. I was hoping for a couple more and I will be following up with the buyers that did not leave reviews already. I priced this very low (still making money though) to get it kick started with the reviews. Currently it is sitting at about 25k BSR. I am just going to leave the price where it is and once I get 10-15 reviews start moving it up.
The 2 star review that I got is now a 5 star! They ordered a replacement instead of just returning and updated it when the replacement got there.
I am trying a different route with the 3rd product launch. I priced it at 30% of where I want to end up and turned on paid ads. I am going to let this grow organically and let the reviews come in from the follow up emails that I am sending. Currently I lose about $2 on each sale depending on what the ad spend is. As with the other product once I get 10-15 reviews I will start increasing the price. It is currently sitting at around 9k bsr.
I have decided that it is finally time to have a logo created. I want to add it to my products instead of just having the brand name printed on them. It will help me further protect the brand as well as create identity. At this point I am leaning towards 99designs to have it made but I am still open to other options.
2nd Product launch is going well. I received 5 reviews so far from the 10 coupons that I gave out. I was hoping for a couple more and I will be following up with the buyers that did not leave reviews already. I priced this very low (still making money though) to get it kick started with the reviews. Currently it is sitting at about 25k BSR. I am just going to leave the price where it is and once I get 10-15 reviews start moving it up.
The 2 star review that I got is now a 5 star! They ordered a replacement instead of just returning and updated it when the replacement got there.
I am trying a different route with the 3rd product launch. I priced it at 30% of where I want to end up and turned on paid ads. I am going to let this grow organically and let the reviews come in from the follow up emails that I am sending. Currently I lose about $2 on each sale depending on what the ad spend is. As with the other product once I get 10-15 reviews I will start increasing the price. It is currently sitting at around 9k bsr.
I have decided that it is finally time to have a logo created. I want to add it to my products instead of just having the brand name printed on them. It will help me further protect the brand as well as create identity. At this point I am leaning towards 99designs to have it made but I am still open to other options.
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