Looking for a winning product idea? You're in luck!
In this episode, Tim Jordan joins Matt Edmundson on the eCommerce Podcast to share foolproof tips for choosing a product that will make you money. So whether you're just starting out or you've been in the game for a while, these tips will help you find a winner every time.
ABOUT TIM
Tim Jordan is the Founder of Private Label Legion, a community of sellers and entrepreneurs who come together to share ideas, impart knowledge, and create a solid network. He is a well-known Amazon seller, host of the AM/PM Podcast, and Chief Growth Officer at SellersFunding.
Tim sells on both Amazon and Shopify and is currently working on a crowdfunding project which he is documenting to share his path to success with other entrepreneurs.
Here’s a summary of the great stuff that we cover in this show:
For complete show notes, transcript and links to our guest, check out our website: www.ecommerce-podcast.com.
Welcome to the e-commerce podcast with me, your host, Matt Edmundson.
Speaker:The e-commerce podcast is all about helping you deliver e-commerce.
Speaker:Wow.
Speaker:Now I am stoked, properly stoked with today's guest, who is Tim
Speaker:Jordan from Private Label Legion.
Speaker:And we're going to chat about how to choose a winning product idea
Speaker:every single time.
Speaker:And you know what, there is some serious out of the box thinking
Speaker:going on here in this conversation.
Speaker:But before we get into it, let me give a quick shout out to some
Speaker:of our past guests and episodes.
Speaker:And given that we are talking about how to, you know, find these winning products,
Speaker:uh, I thought it would be great to mention our first podcast, which was called how
Speaker:to sell personalized products through drop shipping with Brian O'Donnell.
Speaker:Now this guy was an absolute legend talking about.
Speaker:Maps and all kinds of things that work super, super well.
Speaker:Again, out of the box thinking personalized products podcast, number two
Speaker:to check out, uh, was a great conversation with Maureen Mwangi, uh, from startup
Speaker:to growth is the title of that podcast.
Speaker:And Maureen, if you've been following her on Instagram recently got married.
Speaker:So a huge congratulations to Maureen and I hope the early months of
Speaker:marriage have been fantastic for you.
Speaker:This episode is brought to you by the e-commerce cohort, which helps you to
Speaker:deliver e-commerce wow to your customers.
Speaker:Now I'm sure you've come across a bunch of folks stuck with their
Speaker:e-commerce business, or maybe even siloed and just to, you know, work
Speaker:in one or two areas and forgetting the whole big picture of e-commerce.
Speaker:It's what I did.
Speaker:And it nearly cost.
Speaker:Everything.
Speaker:Uh, and I wish I had the e-commerce cohort around at this point because
Speaker:it solves this particular problem.
Speaker:Uh, the e-commerce cohort is a lightweight membership group with
Speaker:guided monthly sprints and cycle through all the key areas of e-commerce.
Speaker:The sole purpose of the cohort is to give you, uh, my e-commercer a friend,
Speaker:uh, clear, actionable jobs to be done
Speaker:so you know what to work, when to work on it and get the
Speaker:support you need to get it done.
Speaker:So whether you're just starting out, whether you're just launching a new
Speaker:business, if you are, by the way, do check out e-commerce cohort because
Speaker:they've got a very special startup sprint does for you when you join.
Speaker:And if like me, you've been around for a while.
Speaker:And we just jump straight in, just jump straight in with the main cohort and
Speaker:enjoy it and enjoy what comes out of it.
Speaker:Uh, if you want to know more about it, check it out at e-commerce cohort.com.
Speaker:It's gearing up for its founding member launch.
Speaker:It is almost there.
Speaker:You can taste it.
Speaker:Uh, so do check it out.
Speaker:Take advantage of the very special offers.
Speaker:And of course, if you've got any questions about, cohort just email me
Speaker:directly at Matt@ecommercepodcast.net.
Speaker:I'd love to answer any questions that you have because let me.
Speaker:I'm super proud of the e-commerce cohort.
Speaker:All of that said, grab your notebooks, grab your pens, grab your cup of coffee,
Speaker:because you're not going to want to miss this conversation with Tim Jordan.
Speaker:Well, I am here with Tim Jordan, who is a serial entrepreneur and e-commerce expert.
Speaker:He has developed multiple online brands as well as having helped
Speaker:hundreds and hundreds of other sellers through training and coaching.
Speaker:In other words, A good guy to have on the show.
Speaker:Yes, he is.
Speaker:He is also the host of the popular am PM podcast, which I've been on.
Speaker:And you should definitely check it out.
Speaker:Not because I've been on it, but because besides me, it is a really good podcast.
Speaker:Uh, Tim also works as an executive strategist.
Speaker:That's not easy to say an executive strategist, uh, for many service-based
Speaker:companies in the e-commerce industry.
Speaker:Um, he is an outside of the box thinker, specializing in subjects, such as
Speaker:product research, brand development and all that sort of good stuff.
Speaker:So I thought it'd be great to get Tim on the show to talk about this
Speaker:whole stuff to do with products and finding good products.
Speaker:Tim, thank you for joining us.
Speaker:Great to have you bud, how are we doing?
Speaker:I'm good, but I feel like that intro was too generous.
Speaker:Yeah.
Speaker:Well, you know, it's always good to big up your guests, right?
Speaker:So the expectations.
Speaker:I should be a guest more often.
Speaker:Yeah.
Speaker:Way to feel good about yourself just come on the podcast and listen to the intro.
Speaker:I always feel whenever I go on other people's shows, I'm always the same way.
Speaker:I'm like, that's a really nice thing for you to say and thank you.
Speaker:And I'm just feeling pretty good now about my life.
Speaker:So I appreciate that.
Speaker:Hey, listen.
Speaker:How was Paris?
Speaker:Paris was good, but it was exhausting.
Speaker:I was there in Paris at a private castle for a, um, a very high level e-commerce
Speaker:mastermind, but it was one of, I think, four stops on one big road trip.
Speaker:So I was in Missouri then,
Speaker:then London.
Speaker:Then I spent about a week in New York city before I came home.
Speaker:So it's all a giant blur.
Speaker:I will say Paris was the best location that I was at in the entire road trip.
Speaker:Um, it it's really hard to beat a private castle in Normandy.
Speaker:And what were you doing in a private castle?
Speaker:I mean, I saw the photos on Instagram, so I was following along, but, um, yeah.
Speaker:Yeah.
Speaker:So, you know, high level masterminds happen all the time and in any industry
Speaker:and in the Amazon space, there's almost this game of one-upmanship between these
Speaker:mastermind coordinators, where they of course bring in great speakers and they
Speaker:bring in really high level content.
Speaker:But the venue right now is what everybody wants out of private
Speaker:castle and rented this whole castle.
Speaker:That was the construction started in like 900 year, 900 was very, very old.
Speaker:Um, at the same castle, it was the private hunting lodge.
Speaker:Of Henry the eighth and Louis the seventh and all of these historical Kings,
Speaker:this was their private hunting castle.
Speaker:So it was pretty neat.
Speaker:Wow.
Speaker:So you had a big time is what you're saying?
Speaker:Yeah, we had a good time.
Speaker:Oh, good man.
Speaker:Good, good.
Speaker:So how did you, uh, I mean pre French Chateau, uh, you know, um,
Speaker:how did she get started in the whole e-commerce aspect of things?
Speaker:I mean, what, w what was the starting point to get you to the French castle?
Speaker:Well, it was completely by accident.
Speaker:I was a full-time firefighter
Speaker:for two years and was consistently looking for side hustle, some side
Speaker:income, because we would work 24 hours and then we would be off for 48 hours.
Speaker:So we essentially worked two days a week and I eventually got into government
Speaker:procurement for the US state department.
Speaker:So all supplying products to the U S government and learning how to source
Speaker:products, learning how to ship products.
Speaker:And we were shipping stuff all over the world.
Speaker:And eventually I realized I had some incredible pricing on wholesale products.
Speaker:And I thought, well, these things that sell for $30 on
Speaker:Amazon, I can buy them for $3.
Speaker:Oh, wow.
Speaker:But I didn't even know you could sell on Amazon.
Speaker:So I put a Craigslist ad.
Speaker:I don't know, in the UK, if you know what Craigslist is terrible.
Speaker:Put a Craigslist ad out for someone to teach me how to sell on eBay.
Speaker:And some guy walked in the office as a response to my ad and he said, well,
Speaker:you need to learn how to sell on Amazon.
Speaker:And he started teaching me and, and, uh, things went really, really fast, but.
Speaker:I also realized that I was kind of sitting on a one legged stool, so to speak because
Speaker:I was selling these wholesale products for a couple of years, doing tremendous
Speaker:numbers and really good profit margin.
Speaker:But at any time my supply chain could have shut down.
Speaker:So I started walking down this path of now that understand how.
Speaker:A little bit of how to sell.
Speaker:I had a lot to learn and I understood that there was a willing
Speaker:audience that was ready to come to these platforms and buy things.
Speaker:I want to figure out how to put my own products, my own brands on them.
Speaker:And, um, things just went from there.
Speaker:So I ended up owning a sourcing and shipping company.
Speaker:I've done some huge collaborative content with other people.
Speaker:I've gotten to go to basically every conference.
Speaker:It seems like there is out there and listen to all these great speakers.
Speaker:I've made a lot of mistakes myself with brands.
Speaker:I've had a few successes, but because I had a shipping and sourcing company and a
Speaker:3PL company, I saw a lot of products come across my dock and I would notice what
Speaker:was moving fast and what wasn't and the things that seem to be the hottest sellers
Speaker:on Amazon were actually the things that I would end up liquidating for my clients.
Speaker:They wouldn't move.
Speaker:So I started to pick up this.
Speaker:Almost like a fallacy, which is that the hottest selling items on Amazon
Speaker:are what people want to be selling.
Speaker:And I started venturing into this world of well, how do I find the
Speaker:fidget spinner before everybody else finds the fidget spinner?
Speaker:I'm I the first one to launch this now saturated products.
Speaker:And it, it took me a while.
Speaker:You know, I spent a lot of time walking through markets like Yiwu and
Speaker:Canton Fair in China and comparing the difference between what was hot there
Speaker:versus what wasn't even on Amazon.
Speaker:And then figuring out that the hot sellers on Amazon weren't necessarily what I
Speaker:needed to sell, but the things that people were looking for on Amazon and weren't
Speaker:there, are the things I want to sell.
Speaker:So I started learning to, instead of looking up sales volume of
Speaker:existing products, start looking at search volume for keywords.
Speaker:And then I came to this realization that we don't sell products on a marketplace.
Speaker:We sell keywords on a marketplace and things just kind of spiraled from there.
Speaker:So like you said, in the beginning, I am an outside of the box thinker.
Speaker:Um, but it usually comes after a lot of mistakes.
Speaker:I'm pretty stubborn.
Speaker:I had to do a lot of things the wrong way, and then started figuring
Speaker:out, Hey, there's a different way of doing things and that.
Speaker:Kind of started to move me in a direction of being somewhat of
Speaker:a thought leader on this topic.
Speaker:Hmm.
Speaker:That's really interesting.
Speaker:I totally vibe with the whole stubborn thing and you know, you've got to
Speaker:make the mistakes to figure it out.
Speaker:Uh, yes.
Speaker:Uh, I that's me right there.
Speaker:Um, And it's interesting because I mean just going right back to, I've not been
Speaker:a firefighter, but I have, I have done my fair share of time on an ambulance,
Speaker:uh, and you know, helping to deal with sick people, um, which is, which is
Speaker:always, always just fond memories for me.
Speaker:Um, but what, what fascinates me in that is you, you, in your journey is you
Speaker:talked about how there's this fallacy that what's hot on Amazon is what people
Speaker:actually want to buy outside of Amazon.
Speaker:Um, and obviously you quickly realize that it's not, did I understand, right.
Speaker:That you said that you had clients, um, with container loads of product, that they
Speaker:were liquidating, but they were some of the best sellers on Amazon at the time.
Speaker:Well, yes, but maybe the, maybe the point that I miscommunicated was that the
Speaker:reason they were having to be liquidated is because they weren't selling.
Speaker:Right.
Speaker:So the fallacy was.
Speaker:And it was a lot of training that led people down this route, but go
Speaker:to Amazon, figure out what everybody else is selling really well.
Speaker:Try to tweak your listing a tiny bit to out-compete them and
Speaker:you should sell it well, too.
Speaker:Yeah.
Speaker:Well, the problem is all these products become saturated.
Speaker:And I think that the reason people do that is because we're human, right.
Speaker:We are just humans and we are scared to jump into something that's unknown.
Speaker:So the analogy I've used before.
Speaker:Right.
Speaker:If I walk up to the edge of a cliff and there's water at the bottom of
Speaker:the cliff, and it's a hundred feet high, and this cliff is long, right?
Speaker:Let's say half a mile, long cliff down to the water and everybody is jumping
Speaker:off of one spot and you watch them jump off and they land and they come to
Speaker:the top and they're happy and they're laughing and they climb back up and they
Speaker:do it again out of that half a mile long cliff, if everybody's jumping in one
Speaker:spot, what spot do you want to jump out?
Speaker:If you want to jump in that same spot cause you know, You don't know if
Speaker:there's rocks at the bottom, you don't know if there's dangers at the bottom,
Speaker:you, you don't have any idea what the conditions are in those other places.
Speaker:So we jump off the same part of the cliff as everyone else, because it seems safe.
Speaker:And we do that.
Speaker:Or for a long time, we've done that with a lot of different businesses, even
Speaker:like, like you could branch this into any type of businesses, but specifically
Speaker:in picking the product that you're going to sell, we look at what's safe.
Speaker:So if everybody's selling weighted Hoola hoops?
Speaker:Okay.
Speaker:There's a lot of demand.
Speaker:It's obvious that a lot of people are selling these.
Speaker:I should sell these too a lot of people are selling, you
Speaker:know, whatever the product is.
Speaker:It seems safer because there's already social proof, right?
Speaker:People are proving that it works.
Speaker:And now what you don't see, there's 800,000 people trying
Speaker:to sell that same product.
Speaker:And you're looking at the top 20.
Speaker:So what I started thinking was instead of just randomly going and jumping
Speaker:off another piece of the cliff and having that to myself, What if there
Speaker:is a way to test the waters, right?
Speaker:What if there is a way to figure out that the water at the bottom of this
Speaker:other section was, uh, the section the cliff was safe and then you could jump
Speaker:off of it with relatively low worry.
Speaker:And the things that we do to find those products that are relatively safe, even
Speaker:if there's not a lot of social proof that it is, are things like checking demand.
Speaker:So there's demand for this specific product.
Speaker:It's not on there.
Speaker:That's good indicator.
Speaker:This is great.
Speaker:Find what's trending off of Amazon, find products that are blowing up all over
Speaker:social media are all over Google or all over Pinterest and take those ideas that
Speaker:are, that are very popular in those areas.
Speaker:And then confirm that there is demand for them on Amazon, through keyword search
Speaker:volume, but very little to no competition.
Speaker:So, yeah, there might not be a lot of sales history proving that this
Speaker:product will sell well, but we use other evidence to prove that people want it.
Speaker:And if I get it up there, it should be good.
Speaker:And it's tough because maybe, maybe you find a product that's very popular
Speaker:on social media and there's one seller on Amazon, but it's not selling well.
Speaker:Well, don't just assume that yours wouldn't sell.
Speaker:Look at it.
Speaker:Is it priced too high?
Speaker:Is it a crappy listing?
Speaker:Are they consistently out of stock?
Speaker:Are they running PPC?
Speaker:And a lot of times what I find is that this one product
Speaker:that's selling marginally well.
Speaker:Three times the price that it should be.
Speaker:They're out of stock 80% of the time.
Speaker:Uh, they've got one listing image.
Speaker:They're not running PPC nothing.
Speaker:And that's actually a good thing because people will then look at that
Speaker:and say, oh, it must be a crappy seller because this person's done it wrong.
Speaker:And the way I look at it is if they're doing it wrong, I can do it right.
Speaker:But I've all this other evidence to support that people want this product.
Speaker:If it's a good price, if it's a good listing, if it's a good
Speaker:quality and if I can keep it in.
Speaker:So the product you mentioned a minute ago was fidget spinners, which again,
Speaker:made me smile because it wasn't that long ago someone came to me and said, Matt,
Speaker:I've got a container of fidget spinners.
Speaker:How am I going to offload these?
Speaker:I'm like, I don't know.
Speaker:I just don't know.
Speaker:Yeah.
Speaker:You're not going to sell them.
Speaker:That's for dang.
Speaker:Sure.
Speaker:Uh, you call that way, way too late, right?
Speaker:So I, I, I get what I'm I get what that looks like.
Speaker:This was a product that was in high demand and very quickly, there were
Speaker:800,000 sellers all trying to sell the same product for the same price,
Speaker:the same methodology on Amazon or on their websites or wherever they were.
Speaker:And it became super competitive.
Speaker:And so, um, to use your cliff analogy, it's like, If there's 20,000 people
Speaker:waiting to jump in that one spot, you're going to jump once every now and again,
Speaker:aren't you, you're not going to get your safe, but you got to wait in line.
Speaker:Yeah, exactly.
Speaker:And so the volume is going to be like.
Speaker:So have you, do you have an example of a product that, um, that you've
Speaker:worked with that, you know, the fidget spinner before it sort of took off?
Speaker:How did you, how did you find that I'll even talk about the fidget spinner?
Speaker:The first time I saw one of those fidget spinners was not on Amazon.
Speaker:It wasn't when my kid brought one home from school, it was in Yiwu, China.
Speaker:So I used to go around this market.
Speaker:It's an amazing place, when China opens back up.
Speaker:I can't wait to go back, but as I'm walking through this market
Speaker:Yiwu, China, all of the vendors were playing with these things.
Speaker:They had them, they're spinning them in their hand.
Speaker:They were telling me, this is a hot seller.
Speaker:People want these, you should buy these.
Speaker:And they're giving me samples and I'm even walking around the
Speaker:market, playing with these things.
Speaker:I can't stop.
Speaker:So I went back to my hotel and I checked jungle scout, right at the time I was
Speaker:using, like, I call it the quote unquote jungle scout method of selling, meaning
Speaker:I would look at existing sales volume.
Speaker:So I went to Amazon and I figured out this thing was called a fidget spinner.
Speaker:And like I found one listing in that one listing had poor sales.
Speaker:It was a crappy listing process.
Speaker:So in my mind, I'm thinking, well, everybody here says it's
Speaker:a hot item, but they're wrong because on Amazon, it's not a.
Speaker:There's one crappy seller and he barely sells any.
Speaker:If I could go back to that time and know what to look for, then what I know to
Speaker:look for now, which is search volume.
Speaker:What I probably would have found is that 60 or 70,000 people a month
Speaker:or searching for that product.
Speaker:But the only reason there was one seller.
Speaker:Everybody else was out of stock or nobody knew there was a demand or that crappy
Speaker:seller wasn't keeping them stocked,
Speaker:I didn't know what they were doing.
Speaker:And I could have realized that I was in that golden hour
Speaker:where everybody wanted it.
Speaker:Nobody could get it, but nobody realized people wanted it.
Speaker:Right.
Speaker:And yes, it became a saturated product.
Speaker:I wouldn't have sold it forever, but what if I could have been
Speaker:one of the first on Amazon?
Speaker:All I had to do was keep my position for the first year in
Speaker:organic sales and I'd own Fiji.
Speaker:Um, so that's when I started realizing like this quote unquote jungle scout
Speaker:method, not just picking on jungle scout, but, but they used to teach, you
Speaker:know, when that came out, they said, the way you sell on Amazon a product
Speaker:is you go and see whatever else is selling well, and you replicate it.
Speaker:Like that was the jungle scout methods still is really.
Speaker:And I just think that's a problem.
Speaker:So then I took that kind of.
Speaker:Idea of the fallacy of the fidget spinner.
Speaker:And I started trying to figure out how else can I find this early, my next, my
Speaker:next one that I found in Yiwu that was actually a success was I started just
Speaker:walking around these markets Canton Fair Yiwu and just documenting products.
Speaker:They might not be products.
Speaker:I knew anything about.
Speaker:They might not have been something I'd ever seen before.
Speaker:They might not be something that were even in a niche that I was selling.
Speaker:I was just filling up a catalog.
Speaker:In fact, I don't think you've seen that video, but I think I have.
Speaker:One of my catalog.
Speaker:So I used to take people to China all the time in groups.
Speaker:I'll pull this thing out in years.
Speaker:And what I would do is I would give everybody a notebook like this.
Speaker:And this notebook was literally just to document products.
Speaker:So I put a sticker in it.
Speaker:That was a cheat sheet, how to avoid things, what to avoid.
Speaker:And in this notebook, I would walk into vendors con I really haven't picked
Speaker:this notebook up in like five years.
Speaker:I would walk into these.
Speaker:And I would write down the different items that they had and I would
Speaker:put their business card on it.
Speaker:So this is just ideas.
Speaker:So rustic ladders, rough pricing.
Speaker:Um, I put their business card, Chinese Chestnut sticks and rustic.
Speaker:That doesn't really mean anything, but I could do that really, really fast.
Speaker:And then what I'll do is I'll fill these notebooks up with 500 product
Speaker:ideas, and then I would go back, sit on my computer, attach keywords to
Speaker:the product ideas and see if there's keyword demand that item rustic ladder.
Speaker:That's not the item I was going to mention, but that was one
Speaker:of my best sellers on Amazon.
Speaker:I would sell these rustic blanket ladders that were like six feet long.
Speaker:Everybody said don't sell oversize items.
Speaker:They were massive.
Speaker:I was like the only guy on Amazon for like two years selling these things.
Speaker:And there were a massive.
Speaker:So I got the product idea just by looking at something going, this is interesting.
Speaker:What is it?
Speaker:Let's find a keyword that attaches to it.
Speaker:See if there's keyword demand.
Speaker:And I sold a mountain of those things.
Speaker:Um, there was another product that I did well on which I was just walking to the
Speaker:hardware section, just picking stuff up.
Speaker:And my rule is if I pick it up and look at it a document, it, I don't know
Speaker:what it is, but if I picked it up, it must've caught my eye and I picked up.
Speaker:These D these huge D-ring shackles.
Speaker:Okay.
Speaker:There were stainless steel.
Speaker:It's like a, it looks like a D and it's got a pin that goes through and
Speaker:screws in, and it's like, used for like lifting things or for like truckers.
Speaker:And I thought, this is cool.
Speaker:I'm playing with it's nice stainless steel.
Speaker:It's like a dollar.
Speaker:So I throw that in my notebook.
Speaker:And when I was going through and looking for different ways to use those
Speaker:things in keywords, I didn't even see it on Amazon, but I saw that off of
Speaker:Amazon, those things were a big item on Pinterest in the front bumpers of Jeeps.
Speaker:So everybody that has a Jeep Wrangler has two little tow hooks and they
Speaker:were taking those D-rings and just hanging in there cause they look cool.
Speaker:So what they're doing is going to a hardware store and buying these things.
Speaker:And I thought, well, this is weird.
Speaker:So I track this for like two or three weeks.
Speaker:And when I would type like stainless steel D-ring on
Speaker:Pinterest, it was pictures of Jeeps.
Speaker:I would type it on YouTube.
Speaker:Videos of people putting them on Jeeps.
Speaker:But I went to Amazon.
Speaker:It had nothing to do with Jeeps.
Speaker:It was just stainless steel D-rings for hardware use.
Speaker:So I literally bought half a container of these things,
Speaker:which by the way, is very heavy.
Speaker:Didn't realize that that didn't have big enough to lift these pallets out container
Speaker:rental forklift that day brought them in.
Speaker:And I literally just changed the listing out for Jeep Wrangler bumper.
Speaker:And then I did like different colored versions.
Speaker:So like a bright red one, or a bright white one to match the color paint scheme.
Speaker:I probably sold 40,000 of those stupid D-rings and I never would have
Speaker:even known that was a use for them.
Speaker:Unless I had found the product, picked it up and said, what is this?
Speaker:And then went and found what was trending off of Amazon.
Speaker:And then it was the first to launch it on Amazon under that purpose.
Speaker:Yeah.
Speaker:That's really fascinating.
Speaker:So there, I guess I you've kind of preempted one of my questions here,
Speaker:because it was, I was curious to know where you got your inspiration for
Speaker:products from, because you mentioned a couple of times the markets in
Speaker:China, and I was curious to know.
Speaker:Outside of that.
Speaker:Where could people go to get inspiration, but then you
Speaker:talked about the hardware store.
Speaker:So in reality, there's inspiration everywhere.
Speaker:Is that fair?
Speaker:Yeah.
Speaker:So there's online and offline places.
Speaker:I love offline places because I like getting around picking stuff up, um, you
Speaker:know, seeing what other people are doing.
Speaker:So for offline, I love the trade shows in China.
Speaker:So Yiwu and Canton Fair, I'm going back to India.
Speaker:This October.
Speaker:On a sourcing trip where we're going.
Speaker:I went there in 2019 to like the home and handicraft show.
Speaker:It's the biggest in the world in Delhi, India, like thousands of thousands
Speaker:of vendors of some of the nicest home decor and like, like handicraft products
Speaker:you've ever seen and I'll walk around.
Speaker:And last time I was there, I literally found products.
Speaker:I'd never seen, didn't know what they were.
Speaker:I had to like use Google to figure out the keywords and realize these were in demand.
Speaker:And there was no none on Amazon and the U S I love going to trade shows like.
Speaker:Which is in Vegas, or I love going to the toy fairs or I love going to the,
Speaker:um, like the home show in Atlanta.
Speaker:Now, when I go into these trade shows, I don't have the same typical
Speaker:method that people typically do for trade shows, which is walk in and
Speaker:try to buy wholesale and resell it.
Speaker:No, I'm just looking for inspiration for product ideas.
Speaker:Okay.
Speaker:Because the people in those trade shows that have brands
Speaker:they're doing the research.
Speaker:I don't need to research, you know, what's trending, I'll have to just
Speaker:walk around and look at their booths.
Speaker:If there's a booth of people that are selling plush, plush, animals or toys.
Speaker:I know that in that booth, they are prioritizing the real estate that
Speaker:they have the front shelf., that's eye level is what they think is the highest
Speaker:value real estate in their booth.
Speaker:So I look at that spot and say, what are they prioritizing?
Speaker:And if they sell stuffed animals, I don't ever want to sell stuffed animals, but
Speaker:out of all those variations, I realize what they're prioritizing and it's oh,
Speaker:they're prioritizing koalas and narwhals.
Speaker:You know what a narwhal is Matt?
Speaker:I have no idea.
Speaker:I know what a Koala is.
Speaker:A unicorn of the sea.
Speaker:It's that whale with like a big unicorn horn.
Speaker:Yeah.
Speaker:So like two or three years ago, I was walking around with ASD plush
Speaker:toys and like every single plush toy manufacturer was focusing on
Speaker:and prioritizing those narwhals.
Speaker:Now this is so bizarre.
Speaker:Well, I went on Amazon and sure enough, there weren't a lot of
Speaker:listings for narwhal themed items, but the keywords were out of.
Speaker:So I started printing narwhal themed birthday party supplies, super easy
Speaker:to find birthday party supply vendors.
Speaker:So paper plates with narwhals, um, balloons with narwhals, uh,
Speaker:picnic table covers with narwhals.
Speaker:And I was the first one to launch narhwal themed birthday supplies.
Speaker:And for about nine months, I was all to myself until people figured out what
Speaker:I was doing it caught on, but I would have never known that narwhals is going
Speaker:to be a hot item, unless I look at what someone else was doing, use their research
Speaker:and was told basically like this is hot.
Speaker:And then I was able to confirm it with the keyword data.
Speaker:Now online, I love going to places like Pinterest Etsy.
Speaker:I like going to social curation sites.
Speaker:I like sites like fancy.com.
Speaker:You can go to fancy and it's literally site of just trending items.
Speaker:Um, even on Reddit, there are a lot of subreddits where people
Speaker:just brag about cool products.
Speaker:There's one called shut up and take my.
Speaker:We're literally, it's just people going, oh my gosh, this is so cool.
Speaker:And a lot of it's like weird chintzy stuff or very expensive stuff, but
Speaker:occasionally you get an idea and go, well, like why do I continue to see
Speaker:products on here that are similar?
Speaker:So back in about 2017, me and another business partner happened on this egg
Speaker:and chicken niche because all these yuppies in the U S are putting chickens
Speaker:in their backyard, in their neighborhoods.
Speaker:Right.
Speaker:Right.
Speaker:So we started selling coop supplies, egg trays, a cloth.
Speaker:All this stuff.
Speaker:If you've watched project X from, um, uh, with helium 10 that I did,
Speaker:we did a wooden egg tray, right?
Speaker:Because at the time all of that stuff was trending really, really hot,
Speaker:but I, would've never known that if I wasn't looking off Amazon and
Speaker:seeing just consistent, consistent indicators that like, Hey, this niche
Speaker:is trending or something like that.
Speaker:Um, I also love going to places like subscription box services.
Speaker:If you go to crate joy.com, CRATE J O Y.
Speaker:It's a marketplace for subscription boxes.
Speaker:And start stocking all those subscription boxes, the big ones, literally you're
Speaker:spending no, no telling how much money on product research to figure out what
Speaker:trending products to put in their box.
Speaker:So look at their boxes, see what they put in it.
Speaker:You know, that's a trending item, right?
Speaker:It's fairly simple concept, but the hard part is then taking that
Speaker:indication or those clues, and then transferring them to actually validate.
Speaker:On Amazon.
Speaker:So that's when you have to take the product idea, find the keyword
Speaker:that relates to it, check keyword demand, or keyword search volume
Speaker:versus competitive product demand.
Speaker:And then you start to find those products that people are looking for.
Speaker:And they're just not.
Speaker:So I, well that's, I mean, thank you for all that insight, super helpful in terms
Speaker:of where you get the inspiration from.
Speaker:So you've gone from putting the product in your, in your notebook
Speaker:there, you've got the inspiration and then you're checking keywords.
Speaker:And you said, um, uh, I think it was about the, the ladders that the
Speaker:keywords were out of this world.
Speaker:Right.
Speaker:Um, and you talk about checking keyword, search volume.
Speaker:How do people do that?
Speaker:How do you, how do you actually check keyword search volume?
Speaker:Is there software that I need?
Speaker:Is there a website that I go to?
Speaker:What's what's what's the plan.
Speaker:Yeah.
Speaker:So there are, there are software tools.
Speaker:There's a lot of them out there.
Speaker:Um, right now I'm getting really interested in seller tools, seller.tools
Speaker:that I basically can use that software.
Speaker:I can type in a specific keyword and it will tell me how many people
Speaker:essentially monthly search that keyword.
Speaker:As well as related keywords.
Speaker:So if I don't know what something's called, right.
Speaker:I've got my podcast microphone here.
Speaker:Why?
Speaker:No, this is called a podcast microphone.
Speaker:But if I type in that keyword in one of these tools, it's going to say X
Speaker:amount of people a month are searching for a podcast microphone, but they're
Speaker:also searching these other keywords.
Speaker:And some of them are very specific and some of them are more broad.
Speaker:So.
Speaker:Podcast accessories or audio suc accessories, but I'll also see that
Speaker:it's not just a podcast microphone.
Speaker:It's a microphone for podcasts.
Speaker:It's a blue snowball, uh, podcast microphone, blue snowball microphone,
Speaker:microphone for podcasting USB microphone for podcasting.
Speaker:Right?
Speaker:So every one of those search terms that directly describe.
Speaker:Product is all real estate that I can occupy.
Speaker:So again, you're not selling a product, you're selling a keyword.
Speaker:So if I can find 15 keywords that specifically talk about
Speaker:this product, or describe this product that are highly relevant.
Speaker:Now I've got 15 opportunities to sell because there's 15 search results, 15
Speaker:pages, 15 clicks, and I'm bidding on.
Speaker:Right?
Speaker:So that software helps me figure out what all of that is.
Speaker:And so that was sorry.
Speaker:seller.tools.
Speaker:Um, and are there any other pieces of software that people should check out
Speaker:or is it just focus on that one for now?
Speaker:Um, man, there's a ton.
Speaker:I think that when it comes to product research, I think that's
Speaker:a really good place to start.
Speaker:Um, there is a cool tool that I like specifically for sorting searches on
Speaker:Etsy, which is cool because Etsy is usually about a year ahead on some
Speaker:products than Amazon, as far as trends.
Speaker:And it's called.
Speaker:Okay.
Speaker:Marmalade is a pretty cool tool that not many people talk about and I don't
Speaker:sell on Etsy, but I use marmalade to search on Etsy for trending items
Speaker:that I would then correlate over to Amazon and see if it's in demand.
Speaker:That's interesting.
Speaker:I've not heard of marmalade, so I'm definitely going,
Speaker:gonna check that one out.
Speaker:I'm a, I'm curious to see that one there.
Speaker:I don't settle on Etsy either.
Speaker:Um, at least not yet.
Speaker:Um, so I'll go check it out, but, uh, so that's like, so you, you're checking,
Speaker:you're looking for these different search.
Speaker:Well, are you predominantly searching on Amazon?
Speaker:Uh, the, the search volumes or are you looking at Amazon?
Speaker:Are you looking at Google?
Speaker:I'm going to sell it on Amazon.
Speaker:I'm I'm looking on Amazon now.
Speaker:I will also like to.
Speaker:Verify that this demand is increasing across all of the interwebs, so to speak.
Speaker:So I will also go to like Google trends and Google trends.
Speaker:Doesn't give me a specific search volume, but if I see that historical
Speaker:search volume for a keyword has increased on Amazon, I like to see
Speaker:that it's also increased on Google.
Speaker:Right?
Speaker:Cause sometimes there's a weird fluctuation of the software read something
Speaker:differently or something like that.
Speaker:So to be honest with you, there's real.
Speaker:No, there's really no indication of what a perfect, product is hmm, right.
Speaker:There's no piece of software that says, yes, this product will make you
Speaker:money or yes, this is not competitive or yes, this has search volume.
Speaker:Um, there are tools that have tried to do that and it's all junk.
Speaker:It doesn't work.
Speaker:So when I talk about pieces of evidence, like, so I'd like to see
Speaker:that the Google trend is the same as the Amazon search playing Trump, but
Speaker:it's not a make or break deal for me.
Speaker:Um, I came up with this, this hypothesis, um, that is related to a medical condition
Speaker:that my wife has called Marfan syndrome.
Speaker:Have you ever heard.
Speaker:No.
Speaker:So Marfan syndrome, the most, the two most prominent people with
Speaker:Marfan syndrome, Abraham Lincoln and Michael Phelps, the Olympic swimmer.
Speaker:Okay.
Speaker:And Marfan syndrome is a connective tissue disorder.
Speaker:So the reason that people need to know if they have Marfan syndrome is it could
Speaker:affect their aorta, serve a few years.
Speaker:You need to go get a echocardiogram to make sure your aorta is not
Speaker:to, not about to rupture and.
Speaker:Marfan syndrome is not a disease and it's not actually able to be diagnosed.
Speaker:Okay.
Speaker:So hear me out.
Speaker:So when my wife was having problems with her joints, her
Speaker:knees would come out of socket.
Speaker:Her shoulders would come out of socket and we didn't understand why.
Speaker:Right.
Speaker:They would just dislocate very easily.
Speaker:She eventually talked to the specialist, said, let's find out if you have
Speaker:Marfan syndrome because Marfan syndrome would explain why you're connected
Speaker:while your joints are commands.
Speaker:So there's connected.
Speaker:Weakness.
Speaker:And if there is, we also need to start monitoring your heart
Speaker:health, your cardiac health.
Speaker:She said, okay.
Speaker:So she went to a specialist that specializes in this syndrome.
Speaker:And at the end of this big diagnosis, they were not able to tell her if she
Speaker:had Marfan syndrome or not, but they were able to say, we believe you do.
Speaker:So we're going to treat you as if you do so Marfan syndrome, it is
Speaker:not tracked through DNA markers.
Speaker:It's not a blood test.
Speaker:It's, there's nothing that actually diagnosed.
Speaker:Except for a series of indicators.
Speaker:So when the doctor meets with you, they have a list of like 200
Speaker:potential things with your body.
Speaker:So one of them, for example, is that your wingspan tip to
Speaker:tip fingers is longer than.
Speaker:Okay.
Speaker:Most people, that's not the case.
Speaker:My wife is two inches wider than she is tall.
Speaker:And she's like five foot nine.
Speaker:And she's a tall woman.
Speaker:So like Michael Phelps has ridiculously long arms.
Speaker:That would explain why he's so well, yeah.
Speaker:So what they do is they go through this, this check, this list of check boxes.
Speaker:And at the end they will say, okay, based on 200 data points, we believe.
Speaker:With reasonable certainty that you have Marfan syndrome.
Speaker:So we're going to treat you as if you have Marfan syndrome.
Speaker:We can't diagnose you for sure.
Speaker:There's no DNA marker.
Speaker:There's no blood test.
Speaker:There's nothing, but because you hit this many indicators, we're going
Speaker:to proceed as if you have more.
Speaker:Yeah, picking the right product to sell on Amazon or online is the exact same.
Speaker:There is no perfect diagnosis.
Speaker:There's no piece of software that will spit out a result and say, if
Speaker:you start selling this product, you will make money and you'll be happy.
Speaker:So what we do is we look at as many checkboxes as we can, and we look at as
Speaker:many pieces of evidence and we try to build up enough of an argument to where
Speaker:at the end of this research, we can say, we don't know for sure, but I'm pretty
Speaker:dang confident that this is going to work.
Speaker:So going back to like the Google trends, that's not a make it or break it.
Speaker:Right.
Speaker:But if the Google trends, um, like growth, you know, line matches the Amazon
Speaker:one, that's just another indicator.
Speaker:This is looking good.
Speaker:Right.
Speaker:I also do things like I go to Alibaba.
Speaker:If I found a product that's trending on social media is not really selling
Speaker:on Amazon, but I think that, I think it's just, there's not a good offer.
Speaker:I'll take those same keywords and type them into Alibaba because
Speaker:Alibaba's search engine is exactly like Amazon and Google and Alibaba's
Speaker:sellers are just like Amazon.
Speaker:If we, as Amazon sellers see a ton of people requesting a fidget
Speaker:spinner, a bunch of us are going to start selling fidget spinners.
Speaker:Right?
Speaker:So when Amazon sellers or e-commerce sellers are doing this research, maybe
Speaker:I found a product there's one that, that I actually walked away from right before
Speaker:it got too competitive called a burrito.
Speaker:It's a blanket that looks and shaped like a burrito.
Speaker:It's like a tortilla.
Speaker:It was a . Yeah.
Speaker:Yeah.
Speaker:You got one for your daughter.
Speaker:You said I need to get one she would love it.
Speaker:Tortilla blanket.
Speaker:So they were blowing up all over social media.
Speaker:The search volume was ridiculously high on Amazon, but nobody
Speaker:was really selling them.
Speaker:So I went to Ali Baba and I typed burrito blanket and there was like
Speaker:200 search results of the exact same thing from different vendors.
Speaker:So what that.
Speaker:Is it so many people that identified the niche or the product they were
Speaker:then going to Alibaba and typing it in, looking for a supplier and Ali Baba
Speaker:has tools that track search volume too.
Speaker:So I meant that so many people were going to Ali-Baba to search for a
Speaker:burrito blanket that all these vendors started selling burrito blankets.
Speaker:And that was an indicator to me that, Hey, this is probably about to be real.
Speaker:'cause I couldn't see that maybe 50 people already had containers
Speaker:full of these things on the water.
Speaker:Sure enough, three months later, there's 90 listings of already blankets on Amazon.
Speaker:So did the Amazon results proved me?
Speaker:It was a bad idea.
Speaker:No, but it was one indicator that I could start beginning to
Speaker:reasonably deduce a specific outcome.
Speaker:Right.
Speaker:So there's no guaranteed.
Speaker:Yes or no.
Speaker:You just look as many pieces of data as you can.
Speaker:And try to find that Marfan.
Speaker:Yep.
Speaker:No, that totally makes sense.
Speaker:So some of, some of these key indicators for you are obviously the search volume
Speaker:that you mentioned, your checking demand.
Speaker:You're looking at Google trends, you're looking across social media platforms.
Speaker:You're looking at sites like Alibaba to see what's going on there.
Speaker:Trying to figure out, are there already 50 containers of this on
Speaker:the seas, sailing to San Francisco.
Speaker:What is, what are some of the other markers, or are they sort
Speaker:of the main ones that you look at?
Speaker:Uh, those are kind of the first ones.
Speaker:There's other markers like human interaction.
Speaker:So I can go in and if I'm thinking about launching a product that I'm not
Speaker:familiar with, and I'm not sure people actually want it, I can get into niche,
Speaker:Facebook groups and not spam, but just sneak into these groups and say, Hey,
Speaker:has anybody ever seen one of these?
Speaker:I think this is cool and get reactions, or I can use a tool, like
Speaker:pick Fu and ask what people want.
Speaker:So if I found a niche opportunity for a wooden version of something else.
Speaker:Let's say there's a toy that's plastic.
Speaker:And it looks like people are looking for a Montessori version.
Speaker:That's wood.
Speaker:I can go to a place like pic Fu and show a plastic version, just snip a
Speaker:shot from another Amazon listing, have a wooden version that I've stolen a
Speaker:picture from Pinterest, put them side by side and say, if the plastic version
Speaker:was $10 and the wooden version was 30, which would you be more likely to buy?
Speaker:And I can run that pick fu poll and if everybody says no way, I'd
Speaker:pay 30 for a wooden version, then I kind of have an answer, right.
Speaker:So I can, I can do human testing that way.
Speaker:Um, some of the other things I do is I also check for, um, seasonality.
Speaker:So there are a lot of products that are very seasonal, meaning I'll see
Speaker:search volume that spikes up really, really high, but there's only a few
Speaker:listings and I can go back to those listings and check historical BSR
Speaker:data to figure out is it consistently
Speaker:seasonal.
Speaker:So is this an item that sells really well in the spring?
Speaker:Cause I'll see high search volume for like strawberry baskets for one
Speaker:month out of the year it's strawberry harvesting season, where everybody buys
Speaker:a basket and dresses their little kids up and cute outfits and goes to the
Speaker:strawberry patch and pick strawberries.
Speaker:Right.
Speaker:So I have to be careful about seasonality because I could look at search volume.
Speaker:See there's only two sellers, strawberry baskets, 50,000 people
Speaker:went searching for it, but then the rest of the year I'm stuck.
Speaker:Yeah.
Speaker:Right.
Speaker:So also check seasonal, um, kind of historical data.
Speaker:Um, I will also go through and make sure that there's no patents because
Speaker:sometimes I'll find an incredible product.
Speaker:There's only one seller everybody's looking for this item and then I can
Speaker:find out, oh, it's actually patented.
Speaker:An example of that is what's called a bug, a salt, B U G hyphen, a hyphen S a L T.
Speaker:It's a gun like a toy gun that shoots salt.
Speaker:And what it's used for is like shooting flies instead of walking around the
Speaker:flyswatter, this little gun with a spring, spring loaded mechanism,
Speaker:shoots out little grains of table salt.
Speaker:So like, if you have flies in your house, you put your 10 year old kid
Speaker:to, to battle with these things.
Speaker:And he walks around shooting flies with salt and its dones, the flies.
Speaker:You throw them outside.
Speaker:Right?
Speaker:Well, it was like blowing up through the roof and I saw all
Speaker:these keywords for like salt gun.
Speaker:What the heck is assault gun people that know the brand name.
Speaker:And there are products that are in like the hardware.
Speaker:That literally are like, um, paint, sprayers, uh, or I'm sorry.
Speaker:They're like, there they go on the end of your water hose and it mixes
Speaker:with a desalination, the desolidity thing, and you spray it on your
Speaker:boat right there, all that stuff.
Speaker:But what I figured out was like, people were actually looking for that salt gun.
Speaker:And then I went to Google patents and looked for buggy salt and realized that.
Speaker:Uh, all sorts of utility patents and all sorts of, um,
Speaker:you know, uh, design patents.
Speaker:But if I went to Alibaba, there was 50 knockoff versions.
Speaker:And if I didn't know, to look at the patents, I'm out about what one of
Speaker:the knockoff versions and tried it, you know, cause they're just knockoffs
Speaker:that would have sold like crazy.
Speaker:But I had to check there was a patent, right?
Speaker:So just lots of little things you look at as the list of like probably
Speaker:50 things and just go, I think this will work or I don't think.
Speaker:Yeah.
Speaker:Yeah, yeah.
Speaker:And I take it.
Speaker:Your, um, your list of finding products is evolving all the time.
Speaker:Isn't it?
Speaker:Because everything's changing the market's moving.
Speaker:And, um, and this is, I guess, why you're constantly going to trade shows, right?
Speaker:Because you're actually physically seeing things is quite a helpful, just physically
Speaker:seeing things, but physically seeing trends and listening to what people say.
Speaker:There's an example.
Speaker:I don't have it here, but I went to a fashion show a few years ago in
Speaker:Vegas and I don't, this may shock some listeners if you know me, but
Speaker:I'm not a very fashionable guy.
Speaker:I'm not very trendy.
Speaker:I'm in gym shorts, like sneakers and a t-shirt.
Speaker:That's how I get to work everyday.
Speaker:But I'm walking through this trade show that showing off high-end designer
Speaker:women's accessories and purses.
Speaker:I don't know anything about women's purses, but I did notice
Speaker:that my, eye kept being caught by this unique texture on these.
Speaker:And like a lot of these vendors had like their prime show piece
Speaker:at the very corner is purse.
Speaker:And I would walk up and touch it and realize this wasn't leather.
Speaker:So I started asking what's this material.
Speaker:They said, oh, it's cork.
Speaker:So court apparently is a vegan leather alternative,
Speaker:and it's tougher than leather.
Speaker:It's, you know, sustainable.
Speaker:You don't have to kill a cow to get it.
Speaker:All of these very high fashion brands, we're seeing a demand
Speaker:for vegan leather options.
Speaker:It still feels like leather and it looks kind of like leather.
Speaker:It's beautiful to replace leather and accessories.
Speaker:So of course I went to Amazon.
Speaker:There was nothing, there were no cork accessories, nothing, but
Speaker:there are people looking for it.
Speaker:There was a keyword at the time that people were looking for cork bow tie for.
Speaker:There was not a single one on Amazon.
Speaker:Never had been a listing on Amazon, but off of Amazon, a place like
Speaker:Pinterest, it was like a big trend.
Speaker:Like guys would get these cork bow ties.
Speaker:So I was the first guy to launch a cork bow tie.
Speaker:And it was like, no PPC.
Speaker:I'd lo I'd listed.
Speaker:Like I got the first 500 units from India and it's like, within three
Speaker:weeks I'm sold out at like $40.
Speaker:And my cost was probably $5 landed and no PPC, it just blew.
Speaker:Right.
Speaker:So then I started selling cork.
Speaker:Passport holders and cork belts and cork, uh, clutches for women and makeup
Speaker:bags for women and all this stuff.
Speaker:Right.
Speaker:I eventually ended up selling that brand, but if I hadn't gone to
Speaker:a trade show and seen this crazy material and said, what is this?
Speaker:And then what's crazy.
Speaker:Is those vendors openly tell you everything.
Speaker:They don't see, they're trying to sell their products.
Speaker:So they're telling you that again.
Speaker:Yeah.
Speaker:We saw at Paris fashion week, this was a big thing.
Speaker:And right now we're seeing a big demand all over Google and we're running Google
Speaker:ads for vegan, leather alternatives or vegan leather or leather alternatives.
Speaker:Like they literally just told me everything they know.
Speaker:And I walked out of there and like, okay, that's cool.
Speaker:I went back and confirm people are looking forward to Amazon.
Speaker:I was the first on Amazon.
Speaker:That is fascinating.
Speaker:But you here's the thing.
Speaker:Right?
Speaker:You are all your stories so far are you putting things on Amazon?
Speaker:You're not putting them on.
Speaker:And what I would call an e-commerce site.
Speaker:And as in, you're not buying Timsveganpurses.com and, and
Speaker:doing that, or are you, is it just literally you're focusing on
Speaker:Amazon with this sort of strategy?
Speaker:It, it varies.
Speaker:That's like asking how long a piece of string is.
Speaker:Right.
Speaker:It always varies.
Speaker:There are some products that just suck on Amazon.
Speaker:There are some products that have to be direct to consumer, or they're
Speaker:better on Walmart than Amazon.
Speaker:Generally, I talk about Amazon a lot because I think that Amazon is typically
Speaker:the best way to get started in e-commerce.
Speaker:And if your existing brand it's additional sales, I tell, you know,
Speaker:I I'm, I guess I'm kind of big in the Amazon space, but I tell people
Speaker:all the time, stop being Amazon.
Speaker:I was at a conference in New York, there was 500 people in this room and in New
Speaker:York and Brooklyn in this zip code that I was in this neighborhood, that zip code
Speaker:represents like three and a half percent of all third-party sales on Amazon, like
Speaker:billions of dollars just in that room.
Speaker:And I said, stop being an Amazon seller.
Speaker:And everybody looked at me like I was crazy.
Speaker:And I said, be a product seller that sells on.
Speaker:Right.
Speaker:So Amazon is a tool.
Speaker:Amazon is a great tool if you're bootstrapping it and just getting
Speaker:started and trying to figure out how to do this wild, crazy thing.
Speaker:Amazon has a lot of the resources and infrastructure that's good.
Speaker:Um, Amazon is pretty competitive.
Speaker:So for some products that will never work, um, some people need to
Speaker:start on Etsy or some people need to start on Zulily or some people
Speaker:just need to start with a website.
Speaker:One of the coolest products that I've seen the past couple of years of product
Speaker:called a wet sleeve, W E T S L E V E.
Speaker:It's a patented product.
Speaker:It's a water bottle for active people that slides on your forearm.
Speaker:So if you're skateboarding and it's got one of those little like bite
Speaker:valves and nipples, like a Camelback would have, but you don't have a big,
Speaker:heavy backpack, it's just your arm.
Speaker:So rock climbers.
Speaker:Skateboarders surfers and you just bite on your arm and suck the water out.
Speaker:It's a really cool product, but it was a disaster on Amazon because
Speaker:nobody knew to look for it.
Speaker:There was zero keywords for it.
Speaker:So we were trying to sell it as a running water bottle or water bottle for running.
Speaker:Right.
Speaker:But when people go looking for a water bottle for running, they're
Speaker:looking for like a, like a waist pack that has water bottles, not that.
Speaker:So on Amazon, there's just not enough demand for, and it's too
Speaker:specific and it's hard to cross sell.
Speaker:So that is like a direct consumer.
Speaker:Right.
Speaker:So there's not like a one size fits all, but I do.
Speaker:I would say that generally speaking, Amazon continues to be the most frequent
Speaker:pathway to success for launching e-commerce products or for adding
Speaker:additional scalability and sales to existing brands that are sold elsewhere.
Speaker:Online.
Speaker:That's a very fair point.
Speaker:Uh, it is a fair point and I, um, I have definitely no argument with that.
Speaker:Uh, I'm just really curious to understand how you, um, hi, how do you decide, you
Speaker:know, you've got this product over here.
Speaker:You're going to sell that on Amazon.
Speaker:How do you decide if you're going to then run that on a website as well, um,
Speaker:and go direct to consumer, or is there a thought process behind that or is it just.
Speaker:Uh, an intuition that you have.
Speaker:Yeah.
Speaker:It's a little bit of an intuition.
Speaker:You know, there's some products that are just going to sell on Amazon and there's
Speaker:no point in taking them off of there.
Speaker:I sold a woman's shoe, accessory of boot shoe tree.
Speaker:It's this long thing that fits in tall boots because these women have
Speaker:these like tall, like knee-high leather boots or calf leather boots.
Speaker:When you put them in your closet, they fall over and it creases the leather.
Speaker:It's just these plastic inserts that just hold them up.
Speaker:Right.
Speaker:Stupidest thing I've ever seen.
Speaker:But man I sold a lot of those and there was like, I could buy those
Speaker:from China, put my label on them.
Speaker:There were 90 cents landed at FBA for a pair I was selling
Speaker:for like 1999 for years.
Speaker:And a lot of them, like, I could barely keep those things in stock containers
Speaker:and containers of these things.
Speaker:Well, I didn't have any other women's shoe accessories to sell.
Speaker:Right.
Speaker:So like if I built a website for that, it would be almost pointless because yeah.
Speaker:I could drive traffic to there from Google.
Speaker:The real value of an independent website is to build that audience
Speaker:to increase lifetime value.
Speaker:So my opinion is setting up a website for one ancillary product.
Speaker:Doesn't make much sense because then you can't cross sell.
Speaker:I can maybe sell them more of those, but honestly, there's going to, if
Speaker:they want them, there's going to come back to Amazon and buy them again.
Speaker:Right?
Speaker:So the product, the brand, the community, the niche, all that's going to depend if
Speaker:I go D to C or not typically speaking, if I can go wide, but not deep on Amazon,
Speaker:meaning just a bunch of random products and then they will eventually show up
Speaker:as brands like I'll wake up one day.
Speaker:I had a line of products that was cigar and like pipe smoking
Speaker:accessories, really cool.
Speaker:Bougie kind of millennial, lots of Leatherwood, rustic stuff.
Speaker:I had one.
Speaker:Then I had another, then I had another, and one day I woke up
Speaker:and I had like seven products.
Speaker:Oh crap.
Speaker:I actually have a catalog of products now that are related.
Speaker:And then we went and did like really expensive photo shoots and
Speaker:set up a website and we started reaching out and eventually got
Speaker:those into subscription boxes too.
Speaker:I typically wait until I have a cross sell off either.
Speaker:I wait till I have a cross sell opportunity where it makes sense to
Speaker:acquire that audience, because I can raise the LTV of each purchase by cross
Speaker:selling and reselling and having the list, or it has to be a product that just will
Speaker:not work on Amazon, but I'm pretty sure that I can drive like paid traffic to it.
Speaker:You know, if I can run these crazy Google Ads or Tik TOK, influencer campaigns,
Speaker:driving to a website where I might have a one product purchase funnel.
Speaker:That's really interesting.
Speaker:So if you, uh, um, uh, if you were talking to someone who's listening to
Speaker:the show, who's going, that's great.
Speaker:I'm going to go in and do some research, but I don't really have
Speaker:an experience in selling on Amazon.
Speaker:Where would they.
Speaker:Where would they go to learn that?
Speaker:Are there courses that you would recommend is there websites that
Speaker:you would recommend people head to?
Speaker:Ooh, that's a tough, that's a dangerous question to ask.
Speaker:If people want to learn to sell on Amazon, where do they go?
Speaker:Um, and I'll say it's a tough question for a few reasons.
Speaker:One is there are a lot of different ways to sell on Amazon.
Speaker:There are arbitrage sellers that are wholesale sellers.
Speaker:There are, um, private label sellers that, that are essentially finding something,
Speaker:putting their sticker on selling it.
Speaker:There's also large brands that want to then convert to selling on Amazon
Speaker:and every method is different.
Speaker:Every product is different, every, uh, amount of resources that you have, if
Speaker:you want to do this will change the way in which you're going to sell.
Speaker:Right.
Speaker:It's it's, it's a lot.
Speaker:I will also say that you have to be very careful going to a place like
Speaker:YouTube because typically the top trending videos of how to sell on
Speaker:Amazon on YouTube or affiliate sellers.
Speaker:And they're selling a get rich quick scheme, which I don't believe in.
Speaker:They're blowing you up with hype to buy this expensive courses, expensive
Speaker:software bundle that may be not as is actually not very good information.
Speaker:So I'll throw a few resources to you.
Speaker:A few ideas.
Speaker:One is check out project X by helium 10 on.
Speaker:So, if you go to YouTube, you type in helium 10 project X it's a case study that
Speaker:I did where I talk a lot about this stuff.
Speaker:And we actually showed it live in person completely free, no sales pitch.
Speaker:There, no episode also there is um my own Facebook, I'm sorry, YouTube
Speaker:channel, which is private label Legion.
Speaker:If you just search Tim Jordan private label Legion, again,
Speaker:we don't sell anything on it.
Speaker:It's just a bunch of a bunch of content.
Speaker:You can also join our Facebook group, private label, Legion Facebook
Speaker:group, where it's not a huge group.
Speaker:Probably kick out two thirds of the people that request to be in it.
Speaker:It's just a, but it's like I got an 85% engagement rate,
Speaker:so it's heavily moderated.
Speaker:Also you can check out carbon six.
Speaker:So carbon six.io.
Speaker:They are a group of software companies or is it, is it like an aggregator software
Speaker:companies that is building a ridiculously huge education program right now?
Speaker:So if you go to carbon six to IO, just sign up for the newsletter.
Speaker:And maybe if you're listening to this a couple months from now,
Speaker:it's already launched, but they're building out a ridiculously
Speaker:impressive in three educational platform for people that want to sell
Speaker:in different styles of Amazon, whether it's the merger wholesale private label.
Speaker:That's brilliant.
Speaker:That's brilliant.
Speaker:So projects.
Speaker:Um, so the project that you did with helium 10 project X.
Speaker:Um, uh, just tell folks what helium 10 is to that it just in case they don't know.
Speaker:Yeah.
Speaker:Helium 10 is one of those other software tools.
Speaker:So basically to, to explain how to sell on Amazon for them its important
Speaker:because there's, you know, trying to sell their software, which is one
Speaker:of the research tools too, um, so project X was literally case study.
Speaker:I worked with them and sat down with kind of their lead educator.
Speaker:And I taught him along the way, this kind of different method.
Speaker:And of course we use software to prove things and validate things and back
Speaker:things up, you know, it's test the waters at the bottom of the cliff.
Speaker:So.
Speaker:Yeah.
Speaker:Yeah, that's great.
Speaker:And that's all online and you can check those out or join the Facebook
Speaker:groups, uh, that, um, that Tim does.
Speaker:Why not?
Speaker:Um, and Tim if they, if people want to reach out to you and connect you,
Speaker:is that the best way to do that?
Speaker:Or there are other channels as well that, because I'm sure.
Speaker:LinkedIn is the best place.
Speaker:LinkedIn.
Speaker:I put a lot of content on there.
Speaker:I put a lot of free resources and things like that.
Speaker:Direct people into the larger community.
Speaker:Um, you can also just follow me on Facebook.
Speaker:I post e-commerce stuff there all the time.
Speaker:Um, I'll be honest.
Speaker:I'm slow about private messages.
Speaker:So if anybody private messaging me and says, Hey Tim, can
Speaker:you give me free advice?
Speaker:Uh, my VA will probably ignore that, but if you go into that Facebook group,
Speaker:the private label, Legion, Facebook group, and you ask questions there.
Speaker:You ask for input.
Speaker:You want advice?
Speaker:The members are really active in there as well.
Speaker:Uh, our moderators kind of push those pieces of information
Speaker:back up to me and we usually get answers, you know, pretty quickly.
Speaker:I just don't have time to sit on Facebook all day unfortunately.
Speaker:Yeah, I, uh, gratefully, I think there's definitely better things
Speaker:you can do with your time.
Speaker:Uh, but Tim listen, it's been great having you on the show.
Speaker:I'm sure many people have got a lot more questions.
Speaker:Um, and so do reach out to Tim, uh, if you would like to get ahold of him, uh,
Speaker:via all the methods that he mentioned, and we will, of course, link to all
Speaker:of those, all the bits of software or the videos and all that sort of stuff.
Speaker:Tim's mentioned.
Speaker:We will put all of those links in the show notes, which you can get access
Speaker:to just head on over to the website.
Speaker:E-commerce podcast.net search for Tim Jordan uh, and it will come up and you'll
Speaker:be able to get all of that as well.
Speaker:So Tim listen, but, uh, I really enjoyed being on your show.
Speaker:I genuinely did.
Speaker:Um, but I've enjoyed you being on mine more.
Speaker:So, um, thank you for joining us and, uh, thank you for answering all my questions.
Speaker:Uh, it's been absolutely fascinating to talk to you and, um, yeah, I hope,
Speaker:I hope I hope to have you back soon to hear about your recent product ventures.
Speaker:Yup.
Speaker:Just, just send me an email.
Speaker:We'll jump back on.
Speaker:Oh, you're a legend.
Speaker:Thanks Tim.
Speaker:All right, so there you have it yet.
Speaker:Another fantastic conversation right here on the e-commerce podcast.
Speaker:Huge, huge.
Speaker:Thanks to Tim.
Speaker:Love that conversation.
Speaker:He's he's an absolute legend that fella and make sure you
Speaker:follow him on Instagram as well.
Speaker:And keep up with all these happenings.
Speaker:Been following along on Instagram, it's guess the man travels.
Speaker:Let me tell you, so do follow him and find out what's going on.
Speaker:Don't forget to check out our complete back catalog online.
Speaker:Just head over to our newly revamped website.
Speaker:E-commerce podcast.net.
Speaker:Let me know what you think about the website as well.
Speaker:We'd love to know what you think about the website, what's missing, what could
Speaker:be improved, et cetera, et cetera.
Speaker:Now make sure you subscribe to the show wherever you get your podcasts from
Speaker:because as always we've got yet more great conversations lined up and you're
Speaker:not going to want to miss any of them.
Speaker:You genuinely aren't.
Speaker:So do subscribe and all of that good stuff.
Speaker:And in case, no, one's told you yet today.