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I'll start with some obvious ones: how much money did you make? What was revenue and what was cost? How many units did you sell? How did anyone ever hear ab

I'll start with some obvious ones: how much money did you make? What was revenue and what was cost? How many units did you sell? How did anyone ever hear about the product?

zbruhnke 9y ago
Yep these are some obvious numbers I might even should have just shared off the bat! After Amazon fees, Shipping, etc I will Net about $37k in profit Revenue will for the first run be just about $60k and Cost was ~$11k out of pocket + Amazon fees, ads etc. So far only a couple thousand have been produced (More on the way soon!) and most of it started as word of mouth then sort of ballooned! I still don't have any reviews even yet but hope they're coming soon!
- startupdiscuss 9y ago
  I assume -- maybe I should not -- that there are many products that are comparable. So even at $30/unit, you sold about 2000 units over a few weeks which is (to my mind) pretty good for a brand new product. You mentioned ads, so what was the ad strategy and were they productive?
  - zbruhnke 9y ago
    Ad strategy was all Amazon based and pretty simple - target keywords like iphone x wireless charger, qi wireless charer, iphone wireless charger etc. The main reason I think they worked is that most other chargers did not take the time to build any sort of real brand or spend time on packaging etc. when you order most of them it feels like an afterthought but when you order one of mine I think it feels more like an experience for the consumer. That part was really important to me and I think it probably shines through because people tend to buy the product when they click on the ad form what I can see on the reports
    - deleted 9y ago
      [deleted]
    - sharemywin 9y ago
      I'm not seeing your ads when I search on those terms. Also, is seems like your price is kinda high compared to other chargers. Guess that didn't seem to effect sales?
      - Jack000 9y ago
        not op, but there are people that always buy the more expensive version of something, especially if it stands out among generic variants. This is one of the big motivations for price bracketing in SaaS.
- aaronarduino 9y ago
  > I will Net about $37k in profit What timeframe was that profit made in?
  - sharemywin 9y ago
    "will net" I take to mean hasn't sold all of them, yet. 1. no reviews: Be the first to review this item 0.0 out of 5 stars 2. Next not a very good sales rank: Best Sellers Rank #85,355 in Cell Phones & Accessories (See Top 100 in Cell Phones & Accessories) 3. When I plug the sales rank in to get sales per month I get: 21 https://www.junglescout.com/estimator/ https://www.junglescout.com/estimator/ I'd be interested to see how it goes in 6 months if sales per month go up.
JPLeRouzic 9y ago
>> How did anyone ever hear about the product? I am also interested with the answer to this question, thanks
- zbruhnke 9y ago
  Totally fair question - Most of it started as word of mouth - as sales happen your rank rises in the Amazon search category - there are also some simple things you can do on amazon pretty cheaply (run ads on keywords, make sure your listing has solid photos and I think in general doing FBA is smart because it makes your listing prime eligible)

I'll start with some obvious ones: how much money did you make? What was revenue and what was cost? How many units did you sell? How did anyone ever hear about the product?

zbruhnke 9y ago

Yep these are some obvious numbers I might even should have just shared off the bat! After Amazon fees, Shipping, etc I will Net about $37k in profit Revenue will for the first run be just about $60k and Cost was ~$11k out of pocket + Amazon fees, ads etc. So far only a couple thousand have been produced (More on the way soon!) and most of it started as word of mouth then sort of ballooned! I still don't have any reviews even yet but hope they're coming soon!

startupdiscuss 9y ago
I assume -- maybe I should not -- that there are many products that are comparable. So even at $30/unit, you sold about 2000 units over a few weeks which is (to my mind) pretty good for a brand new product. You mentioned ads, so what was the ad strategy and were they productive?
- zbruhnke 9y ago
  Ad strategy was all Amazon based and pretty simple - target keywords like iphone x wireless charger, qi wireless charer, iphone wireless charger etc. The main reason I think they worked is that most other chargers did not take the time to build any sort of real brand or spend time on packaging etc. when you order most of them it feels like an afterthought but when you order one of mine I think it feels more like an experience for the consumer. That part was really important to me and I think it probably shines through because people tend to buy the product when they click on the ad form what I can see on the reports
  - deleted 9y ago
    [deleted]
  - sharemywin 9y ago
    I'm not seeing your ads when I search on those terms. Also, is seems like your price is kinda high compared to other chargers. Guess that didn't seem to effect sales?
    - Jack000 9y ago
      not op, but there are people that always buy the more expensive version of something, especially if it stands out among generic variants. This is one of the big motivations for price bracketing in SaaS.
aaronarduino 9y ago
> I will Net about $37k in profit What timeframe was that profit made in?
- sharemywin 9y ago
  "will net" I take to mean hasn't sold all of them, yet. 1. no reviews: Be the first to review this item 0.0 out of 5 stars 2. Next not a very good sales rank: Best Sellers Rank #85,355 in Cell Phones & Accessories (See Top 100 in Cell Phones & Accessories) 3. When I plug the sales rank in to get sales per month I get: 21 https://www.junglescout.com/estimator/ https://www.junglescout.com/estimator/ I'd be interested to see how it goes in 6 months if sales per month go up.

JPLeRouzic 9y ago

>> How did anyone ever hear about the product? I am also interested with the answer to this question, thanks

zbruhnke 9y ago
Totally fair question - Most of it started as word of mouth - as sales happen your rank rises in the Amazon search category - there are also some simple things you can do on amazon pretty cheaply (run ads on keywords, make sure your listing has solid photos and I think in general doing FBA is smart because it makes your listing prime eligible)