In this short video, I discuss a product that lost me thousands of dollars.
I got this product in Amazon when it was at its peak, but was ready to crash and burn. To this day I am stuck with hundreds of these items and this is why...
At the time, this was a highly saturated, competitive product; I didn't know how to differentiate a product. I didn't know about packaging and making improvements. I didn't fully understand about product development.
When launching a product you need to put a lot of time, effort and energy into product development and making your product better. You can't just compete with price, texture, or just the material of the product.
I got this product in Amazon when it was at its peak, but was ready to crash and burn. To this day I am stuck with hundreds of these items and this is why...
At the time, this was a highly saturated, competitive product; I didn't know how to differentiate a product. I didn't know about packaging and making improvements. I didn't fully understand about product development.
When launching a product you need to put a lot of time, effort and energy into product development and making your product better. You can't just compete with price, texture, or just the material of the product.
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