D
Deleted2BB3x9
Guest
Hey guys.
I just want to say thank you to this community once again. Everybody is so humbling and responsive. I can't believe how much knowledge there is in the forum. Everything you need can be found in the forum. I'm eager to learn.
After my E-commerce business, I gained a lot of experience testing demand, competition, and validating a need. However I was unsuccessful in getting sales, so I have decided to move onto another project. My latest project will be Importing. Now it's been a bit since I started researching importing, i've been asking questions and soaking up everything I can. I feel prepared this time. I will be selling on Amazon, with FBA. My market has already been validated by products similar to mine. The differences are that I will offer a superior product in regards to quality and features of the product. My product also offers replacement parts instead of being disposable, so that will be a nice revenue stream from people who have already bought the product. I was thinking of bundling the replacement parts together, and am considering bundling the main product with some accessories.
After emailing manufacturers from China, I ordered 5 samples of one of their product models. They have two models, the one I ordered is already competing in the US and they also have another model which currently isn't being distributed. I will be competing in the US and I will also bring it into Canada. I will sell the other model when I get a bit more capital, and I get some sales. Earlier today, I just shipped 3 of my samples to Amazon in the US. I listed them under an existing listing so I could get an idea of what my competition is like. I can definitely improve the listing but I want to test volumes and speed. I will lose money as I'm not selling one, just to familiarize myself with my product and find out everything there is to know about my product. But when my 3 samples sell, I'll have a good idea of how valuable my product is, and how big it's pain point is. I have sold one in person too, to my grandmother lol, not really a real sale but my grandma loves it, she's been recommending my product and now her cousin wants one.
And that's just the first product! I have also found another product which solves a huge pain point. If this product really works it will be of huge value to people in my niche (also same niche as other product). I have not seen this product anywhere on amazon or ebay. They're are similar products to it but none of them are portable (mine is), which is a huge inconvenience, also the listing could be describing it a lot more, they are not taking advantage of the huge pain point. I ordered 15 samples, I am still waiting on their delivery as I shipped it through regular post. Once I receive them I will create a new listing and ship them out to Amazon.
In the meantime, I will be reading and browsing the forum. I appreciate any feedback. Will update you guys.
I just want to say thank you to this community once again. Everybody is so humbling and responsive. I can't believe how much knowledge there is in the forum. Everything you need can be found in the forum. I'm eager to learn.
After my E-commerce business, I gained a lot of experience testing demand, competition, and validating a need. However I was unsuccessful in getting sales, so I have decided to move onto another project. My latest project will be Importing. Now it's been a bit since I started researching importing, i've been asking questions and soaking up everything I can. I feel prepared this time. I will be selling on Amazon, with FBA. My market has already been validated by products similar to mine. The differences are that I will offer a superior product in regards to quality and features of the product. My product also offers replacement parts instead of being disposable, so that will be a nice revenue stream from people who have already bought the product. I was thinking of bundling the replacement parts together, and am considering bundling the main product with some accessories.
After emailing manufacturers from China, I ordered 5 samples of one of their product models. They have two models, the one I ordered is already competing in the US and they also have another model which currently isn't being distributed. I will be competing in the US and I will also bring it into Canada. I will sell the other model when I get a bit more capital, and I get some sales. Earlier today, I just shipped 3 of my samples to Amazon in the US. I listed them under an existing listing so I could get an idea of what my competition is like. I can definitely improve the listing but I want to test volumes and speed. I will lose money as I'm not selling one, just to familiarize myself with my product and find out everything there is to know about my product. But when my 3 samples sell, I'll have a good idea of how valuable my product is, and how big it's pain point is. I have sold one in person too, to my grandmother lol, not really a real sale but my grandma loves it, she's been recommending my product and now her cousin wants one.
And that's just the first product! I have also found another product which solves a huge pain point. If this product really works it will be of huge value to people in my niche (also same niche as other product). I have not seen this product anywhere on amazon or ebay. They're are similar products to it but none of them are portable (mine is), which is a huge inconvenience, also the listing could be describing it a lot more, they are not taking advantage of the huge pain point. I ordered 15 samples, I am still waiting on their delivery as I shipped it through regular post. Once I receive them I will create a new listing and ship them out to Amazon.
In the meantime, I will be reading and browsing the forum. I appreciate any feedback. Will update you guys.
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