There were some other things that we were going to talk about today. And then, this came!
It’s August, which means it’s been a long time since February, which is when I first found out about Amazon Private Label products and decided, yeah, I think I could do that. Let’s give it a go.
Since that time, you have seen me attempt and fail to launch two separate private label products.
The first one was totally my fault, I did not have my stuff together, didn’t really know what I was doing and managed to totally turn a supplier off from doing business with me. That felt good. That felt really good.
The second product didn’t work yet because it was big. And because of how big it was, it was going to cost me about a million dollars to ship it. Honestly though, I was trying to ship kind of a small number of this product and when I went back and told the main supplier that I was working with, “look, I can’t place an order with you right now because I can’t get my shipping cost down to where I can make money off it,” they said “Yeah, usually people order a whole container load.” Which could be like a twenty eight foot container, which is a lot of product. Which I am not ready to invest in quite yet.
So that’s why I am really excited and really hopeful about whats in this package and hopeful that it will be the one, that it is something that I can actually get to market.
It is small and light weight as you can see, fits inside a shoebox, ish, if you didn’t have all this extra packaging around it, and it is something that I have actually bought for myself both in real brick and mortar retail stores and have ordered off the internet. So I know there’s a market for it because I’m in it.
I found this product by doing a combination of two things. One was just really starting to pay attention to the things that I use every day.
Scott Voelker calls that his touch list, he actually recommends that you walk around and write down the things that you touch or you use on an every day basis.
But I didn’t do that, I just kind of thought about it at the end of the day, ok what did I do today, did I do anything different or is there anything that might be interesting?
And from there I used Jungle Scout to validate it. So you know I did a review of Jungle Scout and walked through how to use the tool in a video prior to this. So go back and review that if you’re not sure what I’m talking about when I say Jungle Scout, but I did use that to validate that this could be a good product to try and bring to market.
Get Jungle Scout here (affiliate link, obviously)
So what happens next? Well I actually have to open this package because the FedEx guy just left here about ten minutes ago and I was so excited, I was like, “oh this is going to be my video for the week, yay!”
Hopefully the quality is good and we can move forward, this supplier has been so easy to work with, they have been prompt to respond to all of my questions, they are willing to put labels on and do all the things that I need to do to make this a good private label product at Amazon.
From there, its about setting up your labels and the marketing, making sure you’ve got all the information right, setting up a shipping plan with Amazon and finding a freight forwarder, oh if they could just send them all like this, that would be the best thing, and we will go from there.
I am really excited guys, I think that there is something happening here.
So, here’s what you can do for me, just keep your fingers crossed that I don’t screw it up this time, because its happened before.
The other thing you can do for me is make sure you are subscribed to this channel so you never miss a video.
I post new ones every Wednesday.
I talk about yes, building a private label company that sells on the Amazon platform, but also about all different types of things related to starting a business or even things related to how to be better at your day job.
I just did a video a couple of weeks ago about how to get a raise and you know what? I just had my annual review and who got a raise? And it was a good one, I was happy.
And I did all those things I talked about in that video, I’m not making this stuff people it works! So, whew, got a little carried away there.
But, be sure to come back again next week for more videos about this or something else that I’m going to talk about that got me excited, I don’t know, but I will see you next week. Bye guys, have a great week, take care!