Im looking to launch product #2, after doing some research I have found a product and have pulled the below data using unicorn smasher. I have have sourced a supplier here in the UK which will cost less that $5 per unit to produce with packaging.Is this product worth pursuing also would US folk prefer a made in britain product vs made in china?
I would love any input from you guys as I’m still pretty new to this and have not previously sold in the US.
Thanks both, I agree the competition looks big however due to low cost per unit i could include the variations in one package and still have margins of over 70%. None of the competition offer this and could be a USP, however it may take alot of giveaways to get to the first page.
The market is wide open in the uk and germany with only one or two standout companies recording excellent sales.
I beleive the UK and DE are the most viable option
But if he goes for a small order (100? 200?) he can never be placed in the 1-2 page. The weakest seller in the 1st page has 101 reviews, and we do not even know if he/she is there by way of organic sales. One needs at least 500 pieces in order to give away 200. In my opinion, it requires an experienced seller with cash to back this.
If i was to launch in the US i would certainly need to give 200+ away, i think i will use the uk and de sales to bankroll a us launch in the future.
This way the initial cost are low as the supplier is local therefore very low shipping costs.
Thanks for the input guys
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