How to Create Your Own Product Line for e-Commerce

Amazing FBA Amazon and ECommerce Podcast, for Amazon Private Label Sellers, Shopify, Magento or Woocommerce business owners, and other e-commerce sellers and digital entrepreneurs.

English - February 25, 2022 15:01 - 38 minutes - 35.2 MB
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Moving from reselling physical products - whether dropshipping on Shopify or Retail Arb on Amazon - to developing your own products is a big step. It’s really the key to creating a really valuable, sellable business. This is the real prize these days - I know so many business owners who have sold their product businesses for high 6 or 7 figures. If you’re going to keep owning your business, it also means it’s defensible and profitable for you.

But it is a big, expensive and complex undertaking compared to simply reselling others’ products. So today we’re going to go over how to approach this complex process in a structured way to get you the best chance of a profitable product that gives you profit and makes your business valuable and - if you choose - sellable .

On this episode you'll learn:

How do we best go about developing custom products
Big Area No. 1 - Market research
Brainstorm Products
Assess Market
Find members of target market
Product Development : Suppliers and Samples
Customize Your Products