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The Million Dollar Case Study Journey to $1mil - 100% for Charity

Jungle Scout's Million Dollar Case Study: How To Find Product Ideas

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Page 1: Jungle Scout's Million Dollar Case Study: How To Find Product Ideas

The Million Dollar Case Study

Journey to $1mil - 100% for Charity

Page 2: Jungle Scout's Million Dollar Case Study: How To Find Product Ideas

Where are we currently?Jungle Creations - 14 Months

Jungle Stix $2.7/unit, shipping, PPC, promos, etc. leaves us ~$3.5 profit/unit

We want a BIGGER charitable mission

Page 3: Jungle Scout's Million Dollar Case Study: How To Find Product Ideas

What did it take to get to there?Find all the details at: junglescout.com/collaborative-launch/

A few thousand dollars to purchase inventory

~40 hours of work to launch a product

~4 hours/month to manage it (185 emails in the past 365 days which is 15/month. I’ve also placed 6 reorders and I spend an hour or two each month messing with PPC and Split tests)

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Page 4: Jungle Scout's Million Dollar Case Study: How To Find Product Ideas

TIMEFRAMEunknown

CHANNELSunknown

PRODUCT(S)unknown

4 We need more products to get to a million

Not stopping until we get to a millionknown

Page 5: Jungle Scout's Million Dollar Case Study: How To Find Product Ideas

Just in Time LearningPrivate label model▸ Find good opportunity▸ Brand it▸ Source from China▸ Sell on Amazon

Follow along with us!Don’t get ahead of yourself, you’ll learn it when we do

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Page 6: Jungle Scout's Million Dollar Case Study: How To Find Product Ideas

What’s Happening Today?

Criteria for finding product ideas

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How to find product ideas

Add ideas to Product

Tracker, re-evaluate

next week

Page 7: Jungle Scout's Million Dollar Case Study: How To Find Product Ideas

Must HaveExisting Solid DemandLow Competition Good MarginsLow Seasonality No legal issues>$18

Product Criteria

Nice To HaveProduct ImprovementSmall/lightweight

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Page 8: Jungle Scout's Million Dollar Case Study: How To Find Product Ideas

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Let’s Find One!

Page 9: Jungle Scout's Million Dollar Case Study: How To Find Product Ideas

Next Steps

▸ Wait for data to aggregate in Tracker▸ Continue to add to list of ideas▸ Join us next Wed 3/1 same time (8p ET/5p PT)

▹ URL will be here: https://www.junglescout.com/the-million-dollar-case-study-session-2-product-research/

▹ We will send reminder emails next week!

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