RESEARCH & DEVELOPMENT
Finding and developing a product - The development is on me but the success is all yours.
As an expert in product research and development for over a decade, I know that the formula for success is:
Quality + correct analysis of the market + suitable product development.
As a store owner and product developer myself, I know the precise point at which to choose THE product and I know how significant this is and how it affects the future of the store, especially if it is the first time that you are doing so.
Too many times, I’ve seen people’s huge investments of time and money go into the trash because the seller could not identify the exact needs of their potential buyers, or because product development was mediocre at most due to the fact that the seller did not know how to find the best suppliers for the product. Or simply out of a desire to begin counting his money, the seller approached the development phase casually, quickly and without attention to detail.
The disappointment is obviously financial, but mostly emotional, particularly when they realize that had they used a professional development specialist who is an expert in the field, it would have been possible to produce completely different results.
Buying and Selling Digital Assets (Amazon FBA)
HOW IT'S NORMALLY DONE:
PHASE 1
Locating the Asset and Purchasing It
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First, we search for the right asset according to the budget.
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Before buying the asset, we do the necessary work to understand its profit potential, your competitors, your ideal prospect, and the general asset life cycle.
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We then check for differentiation and improvement options for scaling sales and lowering expenses for a higher profit share.
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With due diligence, we'll check the accuracy of the information with Amazon data, the manufacturer, the freight forwarder, and the third-party logistics warehouse.
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Then, we ultimately oversee the migration process of the asset from the seller to the new owner (We transfer all the domains and accounts to the new owner)
PHASE 2
Management of the Asset
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We first build a business plan for the asset (budget for PPC ads, marketing, graphics, copywriting, etc.).
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We handle asset management, including customer service, stock logistics, handling of different suppliers, conducting inventory planning, and PPC ads.
PHASE 3
Selling the Asset
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We prepare the asset for sale.
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Then, we check sale profitability margins and timing in terms of market position (we essentially want a high multiple that will increase the ROI the most).
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We finally locate the right buyer for the business/asset and are responsible for the migration process.