MWQHJ - product guidelines Flashcards

1
Q

01

A

Product should not be fragile and easy to ship

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2
Q

02

A

Product should not take up too much physical space

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3
Q

03

A

The product’s inherent value should be ambiguous

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4
Q

04

A

Avoid branded products

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5
Q

05

A

Avoid products readily available in large brick and mortar

stores

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6
Q

06

A

The product should be timeless and not go obsolete

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7
Q

07

A

Do not sell electronics

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8
Q

08

A

Start with goods that sell from $15-200

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9
Q

09

A

Avoid seasonal goods

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10
Q

10

A

Products that have margins of at least 66%

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11
Q

11

A

Product costs $10, you need to sell it for $30

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12
Q

12

A

Has many related products you can expand into

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13
Q

13

A

Lends itself to customers ordering more than one

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14
Q

14

A

Consumable products for repeat customers

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15
Q

15

A

Enthusiast or hobby focused – Dedicated blogs or Facebook fan pages

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16
Q

16

A

Products that lend itself to content creation

17
Q

17

A

Lends to personalization

18
Q

18

A

Is embarassing to buy in person