New Product Launch- Day 1.

No I did not use VAs, I do use people for $2/hr to scrape instagram/news accounts ect. But i did all the outreach myself because its very important to me that the outreach gets done correctly!

Good luck with your journey, it's very interesting and I'll follow for sure! May I ask where you get that people from, doing the scraping etc.?
 
Good luck with your journey, it's very interesting and I'll follow for sure! May I ask where you get that people from, doing the scraping etc.?
yeah man i hire them off freelancer and upwork sites like that... just a little training and they are good to go. I had some girl scrape a model database of over 5k girls and i paid her $20 bucks lol #doingthisfrugaly
 
You sound like one interesting dude, PM me your Skype if you use it. I work online all day from around 8am until 5pm Uk timezone. I'd love to chill and chat with someone like you. Don't worry I'm not going to bombard you with questions. I've never asked to add someone before either, but your journey is truly inspiring.
 
You sound like one interesting dude, PM me your Skype if you use it. I work online all day from around 8am until 5pm Uk timezone. I'd love to chill and chat with someone like you. Don't worry I'm not going to bombard you with questions. I've never asked to add someone before either, but your journey is truly inspiring.
Thanks man! I currently dont use skype but have wechat and whatsapp. Appreciate the comments. Been grinding all day.
 
Thanks man! I currently dont use skype but have wechat and whatsapp. Appreciate the comments. Been grinding all day.

No worries. I only have Skype myself. If you ever get it just let me know. I find people with your mindset interesting, good luck.
 
Alright guys, so the average high end flask sells for around $100. I am pricing my flask that is in the very gag gift niche around $44.95. Cost to produce the actual flask is around $10 and then I have to account for shipping supplies and shipping via USPS First Class Mail which is around $2.80 for a 8oz package to be sent. So my total all around costs is around $13 shipped. So I am making $32 on each full price flask that I sell. or a 246% ROI :) The first flask I made held only 5 shots and all day costs to customer were $8 and I sold for $29.95 if that puts anything into perspective and i sold over 75,000 units.

I work with a lot of third party retailers who want at least 50% OFF once the product starts to slow down in sales...Id say after the first year and a half of it being on the market and being published in the main news. So I would need to sell to them for $22.50 so I would only be making $22.50-13=$9.50 on each unit....I usually charge a dropship fee to each vendor though so my profits are actually a little higher if they accept the fee. Usually I price at anywhere from $1.95 -$3.95/unit depending on what I negotiate (stuff that you need to think about down the road in the long run) So I might increase the flask to $49.95 and get more return in the long run.

BTW. I offer free shipping on each unit that is sold.

Anyways thought id just post my thoughts on pricing to help all of those who might be thinking of where to price units if they are ever thinking of inventing something :) Let me know your thoughts on pricing, would love to hear them :)
 
OP, i am an ubot coder, let me know if i can help you up.

i would like to learn from you while helping up this journey.
OP, i am an ubot coder, let me know if i can help you up.

i would like to learn from you while helping up this journey.
would you be able to write a script that would scrape a Instagram page for users email addresses in the bio?
 
would you be able to write a script that would scrape a Instagram page for users email addresses in the bio?

if the email is visible on the page or available in the page source, then it can be done.
 
Don't forget to post on the subreddit "shutupandtakemymoney" - I used to make some good amazon affiliate sales until they banned my account and realized what I was doing. But if you post an original link and you are the manufacturer you'll be fine.
 
Don't forget to post on the subreddit "shutupandtakemymoney" - I used to make some good amazon affiliate sales until they banned my account and realized what I was doing. But if you post an original link and you are the manufacturer you'll be fine.
thanks!! Will definitely do that, did it with my last product and made $3k in a day :)
 
Hey guys,

Sorry for the delay! Its been sorta hectic since its chinese new years and my manufacture is gone for two whole weeks :( So basically im just wrapping the small stuff up with the 3D engineer. I also got a prototype back which im going to spray paint black and make a video. I was thinking about using wochit.com anyone have experience with their site? or a good videographer to go to? I am based in Chicago.

I have also just received an email from HSN for summer products and if I get choosen they will put in a purchase order anywhere from 1k-10k units o0o0o0o0o0o0o00o0o0 and I will be on live television.... but its going to happen in the summer. So I filled out the form and hopefully they love the product! Basically they want to know how much the unit costs from the manufacture and the boxing price ect. They also want the cheapest price that you can find on the internet (basically every single person wants this) that is why you can price your MSRP pretty high in the beginning because all these 3rd parties want at LEAST 50% off (you can read my last post).

My bots are doing pretty well still as well. So right now I have them set to the following settings:

300 follows
300 likes

and im gaining around 50+ users a day (i currently have 11k followers and 5k following. I am going to increase the settings to 400 follows and 400 likes next week to see what kind of results those drive)

Anyways will update when I place the order for 3k units and the whole process behind why I choose air freight vs ocean freight.

Best,

E
 
Hey guys,

Sorry for the delay. Just made my video... hopefully it goes viral. I used www.wochit.com for the help. I am making videos like this because I guess they are the "thing" these days. Going to launch on several huge blogs and hopefully that will drive sales.

I am about to pay the manufacture $18,000USD for 2,500 units (Sorta scary to send over that much but Ive been working with the same guy for 4+ years) Getting all the shipping and pallets figured out right now. I am currently going to pay $6.80 for each unit, but after shipping costs and what not it will put me around the $8 mark. Also USPS just increased their minimum size package to $2.61 cents. Ugh!!! So annoying.

Does anyone know where I can get cheaper shipping done? I have no idea how people in China ship all their good for like $.6c and I know it takes longer than 3-5 days but still would save me a ton.

Anyways super excited to finally launch the product. I am going to re-do my website because it sorta looks like shit right now (a very plain shopify site)

Anyways thats a little update. I also started a small social media consulting agency (using followliker) :) So ive been cold calling small business within the Chicago area :)

Best,

E
 
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