Jungle Scout's million dollar case study session #16: Updates and Q&A
Jungle Scout's Million Dollar Case Study: Session #2: Advanced Product Research
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Transcript of Jungle Scout's Million Dollar Case Study: Session #2: Advanced Product Research
The Million Dollar Case Study
Session #2: Advanced Product Research
Journey to $1mil - 100% for CharityMarch 1st, 2017
Must HaveExisting Solid DemandLow Competition Good MarginsLow Seasonality No legal issues>$18
Product Criteria
Nice To HaveProduct ImprovementSmall/lightweight
Tactical BeltsGood demand, possibly too competitive.
Last week’s product ideas:
Burlap BagsLow price point, insufficient demand.
Baby Hooded TowelsHigh potential: good demand, opportunity for new entrant (low reviews)
Today’s Agenda
Find 1 or 2 More
Products
4
Analyze Historical Sales Data (Product Tracker
deep dive)
Choose Which
Products to Move to Next Week
Give Me The Data!
Next Steps
● Find potential suppliers● Outreach to suppliers● Evaluate Supplier Responses● Join us next Wed 3/8 8p ET/5p PT - w/ Sourcing
Expert Gary Huang of 80/20 Sourcing○ We will send reminder emails next week!