Session 1 hw amazon case homework
Been reading a lot about sales strategies on Amazon, but nowhere did I find such a personal approach of things.
This would ultimately help me to do some early profit calculations which are explained further along in this postand decide which product to launch. Basically all the factors put together offer the clear image of a software product which is very easy to use and it is serviced by people who want to lend you a help when there are difficulties in understanding the process.
Session 1 hw amazon case homework
Thanks to Greg Mercer and team for creating an awesome product. So if you are following along with us, make sure you stay up to date to cover these things in more detail when they become more relevant to the stage at which we are in our launch progress. This will help your learning stick! My first port of call was to use a specific set of filters to search the Product Database in Jungle Scout, to get a list of products that meet my criteria. Right now, I want to try and generate a big list of ideas 30 or more , that I can dive into next week. Well, we have reasons and data to answer that question. Since the size and depth of the European markets are different to the US, you need to bear this in mind. I still think this is a great product idea but it would require further legal investigations to be on the safe and sure side. This opens up an opportunity. September 25, 30 min Episode 9 Making your product more searchable on Amazon October 2, 30 min Episode 10 Getting the best quality Amazon images October 9, 30 min Episode 11 Understanding Amazon legal structures and tax rules October 16, 30 min Episode 12 Learn how to kickstart your Amazon product sales October 30, 30 min Episode 13 Best practices for kickstarting your campaigns November 6, 30 min Episode 14 Learn more about our charity of choice May 3, 30 min Episode 15 And… lift off! Subscribe to never miss an episode! I mentioned this in this weeks session but it really is a case of balancing all of these criteria and more out against your other product ideas and deciding which works best for you. Guess what — travel pillows made it to the top two!
Right now, I want to try and generate a big list of ideas 30 or morethat I can dive into next week. Weekly Sessions We show you every step of the selling process, from research to marketing to selling.
You can access the template hereand download your own copy.
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Right now, I want to try and generate a big list of ideas 30 or more , that I can dive into next week. I just wanted to share a few insights of how I did this, and hopefully you can repeat the same processes to spec out your own product ideas. Been reading a lot about sales strategies on Amazon, but nowhere did I find such a personal approach of things. September 5, 30 min Episode 6 Supplier Outreach and Evaluating Samples How to connect with suppliers and validate product quality. Firstly, the European marketplaces are growing quickly, but they are still much less saturated and there is much less competition when compared to Amazon. If we are asking about travel pillows and a supplier sells lots of other products that are made with fabrics, other types of pillow etc. Whereas some of the existing sleeping bag listings have short titles with no keywords, barely any descriptions or features and poor photography. First up, Greg gave some great over-arching insights into sourcing from China in general. But these guidelines that Greg shared gave some good rough indications that we can use to help us decide which product is going to be most profitable.
This one made it to my top two product ideas! I am using a spreadsheet to document all of my ideas in one place.
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During this webinar I managed to pick out 5 products using the above criteria, which were:. Sleeping Bags! Make sure you catch this in the replay if you are new to this. August 8, 30 min Episode 2 What customers want in an Amazon product. Overall, reading reviews really helped me make a lot of decisions. Right now, I want to try and generate a big list of ideas 30 or more , that I can dive into next week. In particular, Amazon. At the moment we are still in the product research and sourcing phase. For example, we will get a much better idea of the true cost of shipping and customs later down the line when negotiating with suppliers and other third parties. This will help your learning stick! Thanks to Greg Mercer and team for creating an awesome product. Subscribe to never miss an episode! If you hide questions in big blocks of text, they are easily missed. Why follow the Million Dollar Case Study?
Advanced Research Findings: Overview First up, Greg handed over to me to share some more of my Advanced Product Research findings for my top 5 products.
If you hide questions in big blocks of text, they are easily missed. This decision was made based on a balanced view of all of the product research criteria we have been investigating these past three weeks, including demand, competition, how easy it should be to source and most importantly, how profitable the product will be.
Introduction To Sourcing From China With all of that researched, it was time to start contacting suppliers for my top product ideas to get a better idea of the cost of manufacturing.
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