There were other competitors selling a nearly identical product. Because of that, I wanted to find a way to differentiate my product. I had noticed by analyzing the frequently bought together history of some of those products (again using Helium 10 Black Box), that many people were buying party straws together with this item. It made sense since it was a party supply product. Returning back to my original product; I noticed that the reason it would peak during the summer is that people bought it because it went well with a summer fruit theme. But the competitors were also marketing it as a product that worked for a fall theme. That's why the SAME product would also peak during October. November: 176 units, $1,600 (sold more straws that month) Return on Investment (ROI) is something I am not an expert on, but most calculate it as your Net Return on Investment divided by the Cost of the investment. So, in this case it would be $8000 / $5000 = 160% ROI. Did anyone get rich on this? Of course not. 4. Selling seasonal products is tough if you miss the main sales peak. However, they can really skyrocket if you hit the sweet spot. 5. Bundling products can help you differentiate your product and occasionally makes the difference in a launch. As this Project 5K case study has shown, with $5000, $1000 (or even LESS), you can still start an Amazon business and build it up slowly. Find an opportunity for a product in a price range that fits YOUR budget; start slow, and scale up. Later you can think about launching the $10-20K products. Don't let the lack of a huge bank account keep you from starting your business. camera bag cyber mondaychanel canvas bag replica
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