MWQHJ - product guidelines Flashcards
1
Q
01
A
Product should not be fragile and easy to ship
2
Q
02
A
Product should not take up too much physical space
3
Q
03
A
The product’s inherent value should be ambiguous
4
Q
04
A
Avoid branded products
5
Q
05
A
Avoid products readily available in large brick and mortar
stores
6
Q
06
A
The product should be timeless and not go obsolete
7
Q
07
A
Do not sell electronics
8
Q
08
A
Start with goods that sell from $15-200
9
Q
09
A
Avoid seasonal goods
10
Q
10
A
Products that have margins of at least 66%
11
Q
11
A
Product costs $10, you need to sell it for $30
12
Q
12
A
Has many related products you can expand into
13
Q
13
A
Lends itself to customers ordering more than one
14
Q
14
A
Consumable products for repeat customers
15
Q
15
A
Enthusiast or hobby focused – Dedicated blogs or Facebook fan pages