- Joined
- Nov 7, 2013
- Messages
- 33
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What's up guys,
I'm currently working on my fastlane success story, but I've hit some small stumbling blocks, and to be completely honest they may just be in my head.
I'm basically copying someone else's business, but my product will be more luxurious and therefore more expensive but in the same niche. I plan on marketing my product so that the business I copy will appear to be an overpriced knockoff.
My product will be an alibaba purchase, with my branding, sold through the brand's website
There are a few worries I have.
1.) I don't know how much my competitor sells. The main competitor mainly sells through their website, but also sells some on Amazon, in which the most popular model has 35 reviews.
This creates my second worry
2.) Lack of need. If my competitor, (who is also an alibaba branded resale) only has 35 reviews on amazon, how can i possibly turn this into a fast lane adventure.
How can I test the market's need for this product without spending $400 on a sample, $100 on a landing page, and $1000 on advertising?
My idea:
My idea to test my need is this, find a nice picture of the product I'm buying on alibaba, edit the product picture to include my logo on adobe illustrator, create a landing page selling the "why" you need my product (don't know how to create a landing page yet), Post on a ton of information on the blogs and websites where my customers congregate linking them to my page, collect email addresses from interested parties (reserve now). Assume 35% of the interested parties will buy to crunch them numbers and see if this is a money making opportunity.
Am I anywhere close to on the right track?
I'm currently working on my fastlane success story, but I've hit some small stumbling blocks, and to be completely honest they may just be in my head.
I'm basically copying someone else's business, but my product will be more luxurious and therefore more expensive but in the same niche. I plan on marketing my product so that the business I copy will appear to be an overpriced knockoff.
My product will be an alibaba purchase, with my branding, sold through the brand's website
There are a few worries I have.
1.) I don't know how much my competitor sells. The main competitor mainly sells through their website, but also sells some on Amazon, in which the most popular model has 35 reviews.
This creates my second worry
2.) Lack of need. If my competitor, (who is also an alibaba branded resale) only has 35 reviews on amazon, how can i possibly turn this into a fast lane adventure.
How can I test the market's need for this product without spending $400 on a sample, $100 on a landing page, and $1000 on advertising?
My idea:
My idea to test my need is this, find a nice picture of the product I'm buying on alibaba, edit the product picture to include my logo on adobe illustrator, create a landing page selling the "why" you need my product (don't know how to create a landing page yet), Post on a ton of information on the blogs and websites where my customers congregate linking them to my page, collect email addresses from interested parties (reserve now). Assume 35% of the interested parties will buy to crunch them numbers and see if this is a money making opportunity.
Am I anywhere close to on the right track?
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