“7 Steps to Creative Product Sourcing”
- Approach
- Assessment
- Connect
- New Zones
- Learn by Example
- Market Saturation
- Layering
1. Your Approach Makes the Difference
Pick a product and stay stuck OR
Product Sourcing Mindset
Thousands of new products in the market monthly
Read!
Expand beyond your box
You will not manufacture the answer, you must seek it out and
in doing so, let it come to you
2. Objective Assessment of Current Resources
Current niche associations
Successful products
Time
o Be realistic in setting goals
Inventory capital
Look for leads to other niches products
3. Connect the Dots
One idea leads to another
Ideas expand
Pay attention!
4. Get Out of Your Comfort Zone
Curiosity
Uncharted territory
Stop reading, doing and thinking the same things
5. Learn by Example
Physical brick and mortar stores
Online websites
Catalogs
eBay store
Adapt don’t copy!
Read! Read! Read!
6. Hitting Market Saturation?
Looking at the wrong products
Listen to what the market is telling you
Adaptations, related products, new categories
Stay motivated! For every product you overlook, someone else
will come along and find it and make a profit
7. Layering
Build layers on top of successful products
Power of 10 Product Sourcing
Learn how to build a product line that will bring your customers
coming back time and time again
by whatdoisell.com
Guide created: 06/16/06 (updated 09/30/07)

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