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Hi guys,
I am considering selling my first product ever on amazon, but I don't know whether it is the right choice. Please be easy on me, as I am totally new to entrepreneurship. It is a product that is new and is invented by another company. It is about to launch in 2 months, but it is not listed on amazon yet.
There are some sellers that are already selling a copy version of it on Amazon, but they have very few reviews. So I can outcompete them by improving the products on amazon and have better pictures and copy.
But there are also other companies selling copy versions on their own website and not on amazon. The creator of the original product is suing one of these companies for copyright infringement. The court-sitting is still months or maybe years away.
Given my limited knowledge of copyright law, I probably will not be sued if I sell this product. I may get a warning and then I will probably stop. I also think that they won't be able to copyright the product, because there is also no copyright for products such as spoons.
So in short, should I sell my own version of this product with some minor tweaks on Amazon while the competition is very low? I can order 100 pieces of it from Alibaba for 2000 euro's, which is a lot of money for me. Or should I invest it in another product?
I am considering selling my first product ever on amazon, but I don't know whether it is the right choice. Please be easy on me, as I am totally new to entrepreneurship. It is a product that is new and is invented by another company. It is about to launch in 2 months, but it is not listed on amazon yet.
There are some sellers that are already selling a copy version of it on Amazon, but they have very few reviews. So I can outcompete them by improving the products on amazon and have better pictures and copy.
But there are also other companies selling copy versions on their own website and not on amazon. The creator of the original product is suing one of these companies for copyright infringement. The court-sitting is still months or maybe years away.
Given my limited knowledge of copyright law, I probably will not be sued if I sell this product. I may get a warning and then I will probably stop. I also think that they won't be able to copyright the product, because there is also no copyright for products such as spoons.
So in short, should I sell my own version of this product with some minor tweaks on Amazon while the competition is very low? I can order 100 pieces of it from Alibaba for 2000 euro's, which is a lot of money for me. Or should I invest it in another product?
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