SlideShare a Scribd company logo
SESSION 3:
Supplier Outreach &
Product Selection
T H E M I L L I O N D O L L A R C A S E S T U D Y
E U R O P E
Enter at
www.junglescout.com/giveaway
3 Winners selected every week for all
of 2017, must share your
#MDCSchallenge update!
1 Prize for Each Winner
▹ 1 Jungle Scout Pro Extension
▹ 2 Jungle Scout Web App
▹ Featured on the Website!
Part 2: Session 4 Giveaway
You’re a Winner!
Where are you in the
#MDCSchallenge?
You’re a Winner ( A JS T-
Shirt)
MDCS: Europe Progress Map
Session #1:
Generated a list of
product ideas for
the UK
Session #3: Supplier
outreach, profit
calculations & selecting
our product 🎉
Session #2:
Advanced research
& narrowed down
that list to the top 5
Session #4:
How to pick the
right manufacturer
in China
In Today’s Session:
◍More product research...
◍Using data to create a product specification
◍Comparing reviews
◍Product spec research outside of Amazon
◍Testing & certification considerations
◍Early branding & labelling considerations
◍End goal: Ordering samples
Sleeping Bags!!! All of the sleeping bags!!!
Double
sleeping bags?
Envelope
style with
drawstring
hood?
Contrasting
colors?
Mummy
Style?
Additional
features?
Eliminate guesswork
Do your research and use data to spec out your
product!
Step 1: Explore Sales Data
◍Go back to your product research
◍Explore competitor sales across
different styles and specifications of
your product idea
◍Web App Product Tracker data
Place your screenshot here
Sleeping Bags
It’s very easy to see
sales and revenue
estimates for different
styles of Kym’s product
idea using the JS
Chrome Extension
Compare sales data for different
specifications...
Mummy Style Envelope Style
Double Sleeping
Bags
Sales / Demand Medium High Low
Revenue / Profitability High Medium Low
Competition Medium High Low
Step 2: Read LOTS of Reviews
Step 2: Read LOTS of Reviews
Step 2: Read LOTS of Reviews
Step 3: External Research
Step 3: External Research
Step 4: Testing & Certificates
◍CE –www.gov.uk/guidance/ce-marking
◍RoHS – (Restriction of Hazardous Substances)
◍REACH –www.hse.gov.uk/reach
◍ECDC – European Centre for Disease Prevention and Control
Work with suppliers and inspection
companies who are already working
with EU clients and sellers – ask
for their support!
Step 5: Finalize Your Product Spec
Further Considerations:
◍How many variations? Consider
managing several SKU’s
◍Can my top suppliers provide my
variations?
◍Have they sent certificates or
declarations of conformity?
Core Features
◍Mummy style
◍3-4 season, warm
◍Lightweight
◍Water resistant
◍300 GSM
Kym’s Final Product Specification
Differentiating Features
◍Anti-snag zipper
◍Internal pocket for
valuables
◍Drawstring hood
◍Can be zipped
together
Variations
◍Two colorways
◍Two sizes
The key is in communication!
Dear Mr. Supplier,
Thank you for your fast response and quotation for these sleeping bags. I am very interested in working with you.
I have some further questions if you wouldn’t mind me asking?
1. We want to ensure that the sleeping bag is lightweight, windproof, water resistant and breathable? Could you send
further information about the fabrics used?
2. Can you make the zippers allow two sleeping bags to be joined together?
3. Do you have test certificates for CE, RoHS and REACH for the UK marketplace?
4. We would like the sleeping bag to be in a Mummy Style with a drawstring hood, is this possible?
5. Can you certify what temperatures the sleeping bags can be used in?
I would like to ensure we get the specifications correct before moving ahead with the samples.
Looking forward to your reply,
Kind regards,
Kym
Jungle Creations - Purchasing
WeChat, Skype!!
Make A Note!
Order those samples!
😸
Follow Along:
Your Homework
1. Using the blueprint from this session, ensure you create
the best product specification that will stand out in your
product niche
2. Ensure you have researched any product certifications
and tests that you may need and speak with your top
suppliers about this
3. When you have done this, order your samples
Download the new template at:
https://www.junglescout.com/session5-HW
Join Us Next Week
Join us next Wednesday where we have a very special guest
who is an accountant and a private label seller in the UK, here
to tell us all about tax and legal setup!
Register for FREE at junglescout.com/million

More Related Content

What's hot

1x1 product listing products already on amazon
1x1 product listing  products already on amazon1x1 product listing  products already on amazon
1x1 product listing products already on amazon
ebech0
 
Product research guide
Product research guideProduct research guide
Product research guide
ElmerGajo
 
Product description and attribute
Product description and attributeProduct description and attribute
Product description and attribute
Paytm
 
eCommerce product page design - Product options
eCommerce product page design - Product optionseCommerce product page design - Product options
eCommerce product page design - Product options
MineWhat
 
Product image and size chart
Product image and size chartProduct image and size chart
Product image and size chart
Paytm
 
Mapping a product on amazon
Mapping a product on amazonMapping a product on amazon
Mapping a product on amazon
Bhavana Chauhan
 
Flipkart labels
Flipkart labelsFlipkart labels
Flipkart labels
SellOnFlipkart
 
online how to boost your sales
 online how to boost your sales online how to boost your sales
online how to boost your sales
paytmslides2
 
How To Sell On Amazon India For Beginners (2020)
 How To Sell On Amazon India For Beginners (2020) How To Sell On Amazon India For Beginners (2020)
How To Sell On Amazon India For Beginners (2020)
Dhiraj Rathod
 
My journey in amazon seller VA master class
My journey in amazon seller VA master classMy journey in amazon seller VA master class
My journey in amazon seller VA master class
Laennec Abello
 
Product research presentation
Product research presentationProduct research presentation
Product research presentation
Laennec Abello
 
Product Listing (PDF) @ Amazon
Product Listing (PDF) @ AmazonProduct Listing (PDF) @ Amazon
Product Listing (PDF) @ Amazon
ebech0
 
My sample works
My sample worksMy sample works
My sample works
SophiaCuizon
 
My sample works (2)
My sample works (2)My sample works (2)
My sample works (2)
SophiaCuizon
 
My sample works (1)
My sample works (1)My sample works (1)
My sample works (1)
SophiaCuizon
 
Amazan FBA
Amazan FBAAmazan FBA
Amazan FBA
Atif Munir
 

What's hot (16)

1x1 product listing products already on amazon
1x1 product listing  products already on amazon1x1 product listing  products already on amazon
1x1 product listing products already on amazon
 
Product research guide
Product research guideProduct research guide
Product research guide
 
Product description and attribute
Product description and attributeProduct description and attribute
Product description and attribute
 
eCommerce product page design - Product options
eCommerce product page design - Product optionseCommerce product page design - Product options
eCommerce product page design - Product options
 
Product image and size chart
Product image and size chartProduct image and size chart
Product image and size chart
 
Mapping a product on amazon
Mapping a product on amazonMapping a product on amazon
Mapping a product on amazon
 
Flipkart labels
Flipkart labelsFlipkart labels
Flipkart labels
 
online how to boost your sales
 online how to boost your sales online how to boost your sales
online how to boost your sales
 
How To Sell On Amazon India For Beginners (2020)
 How To Sell On Amazon India For Beginners (2020) How To Sell On Amazon India For Beginners (2020)
How To Sell On Amazon India For Beginners (2020)
 
My journey in amazon seller VA master class
My journey in amazon seller VA master classMy journey in amazon seller VA master class
My journey in amazon seller VA master class
 
Product research presentation
Product research presentationProduct research presentation
Product research presentation
 
Product Listing (PDF) @ Amazon
Product Listing (PDF) @ AmazonProduct Listing (PDF) @ Amazon
Product Listing (PDF) @ Amazon
 
My sample works
My sample worksMy sample works
My sample works
 
My sample works (2)
My sample works (2)My sample works (2)
My sample works (2)
 
My sample works (1)
My sample works (1)My sample works (1)
My sample works (1)
 
Amazan FBA
Amazan FBAAmazan FBA
Amazan FBA
 

Similar to Million Dollar Case Study: Europe – Session #5 - Product Design Specification

Making Sure New Products Don't Fail
Making Sure New Products Don't FailMaking Sure New Products Don't Fail
Making Sure New Products Don't Fail
Rick Steinbrenner
 
PRODUCT RESEARCH.pdf
PRODUCT RESEARCH.pdfPRODUCT RESEARCH.pdf
PRODUCT RESEARCH.pdf
ianlavador1
 
PRODUCT RESEARCH.pdf
PRODUCT RESEARCH.pdfPRODUCT RESEARCH.pdf
PRODUCT RESEARCH.pdf
ianlavador1
 
2019 InfoSec Buyer's Guide
2019 InfoSec Buyer's Guide2019 InfoSec Buyer's Guide
2019 InfoSec Buyer's Guide
Adrian Sanabria
 
TBTBG-SERV-2017
TBTBG-SERV-2017TBTBG-SERV-2017
Product classification and branding
Product classification and brandingProduct classification and branding
Product classification and branding
Ibadat Singh
 
The future of market research
The future of market researchThe future of market research
The future of market research
InSites on Stage
 
1530 track 1 fader_using our laptop
1530 track 1 fader_using our laptop1530 track 1 fader_using our laptop
1530 track 1 fader_using our laptop
Rising Media, Inc.
 
Both Sides of the Product - Product-Led Summit 2018
Both Sides of the Product - Product-Led Summit 2018Both Sides of the Product - Product-Led Summit 2018
Both Sides of the Product - Product-Led Summit 2018
Evan Lewis
 
11step comsmeticis development
11step comsmeticis development11step comsmeticis development
11step comsmeticis development
Baozhong Zhao
 
Growth hacking 101 - Matt Lerner
Growth hacking 101 - Matt LernerGrowth hacking 101 - Matt Lerner
Growth hacking 101 - Matt Lerner
Matt Lerner
 
[ILA'19] Hyphotheses & Experiments - enabling business-product dialogue
[ILA'19] Hyphotheses & Experiments - enabling business-product dialogue[ILA'19] Hyphotheses & Experiments - enabling business-product dialogue
[ILA'19] Hyphotheses & Experiments - enabling business-product dialogue
Flavio Nazario
 
The Future of Market Research
The Future of Market ResearchThe Future of Market Research
The Future of Market Research
Tom De Ruyck
 
Bivolino.com Top 10 lessons
Bivolino.com  Top 10 lessonsBivolino.com  Top 10 lessons
Bivolino.com Top 10 lessons
Carine Moitier
 
What's Next: eCommerce
What's Next: eCommerceWhat's Next: eCommerce
What's Next: eCommerce
Ogilvy Consulting
 
Marketing exercise _ Creating a Product
Marketing exercise _ Creating a ProductMarketing exercise _ Creating a Product
Marketing exercise _ Creating a Product
Jennifer hc
 
How To Improve Your Product Testing Program
How To Improve Your Product Testing ProgramHow To Improve Your Product Testing Program
How To Improve Your Product Testing Program
The DRG (The Dieringer Research Group)
 
Peloton Smart Retro Bagarmossen Presentation
Peloton Smart Retro Bagarmossen PresentationPeloton Smart Retro Bagarmossen Presentation
Peloton Smart Retro Bagarmossen Presentation
Demos Helsinki
 
Social Media Strategy Sample
Social Media Strategy Sample Social Media Strategy Sample
Social Media Strategy Sample
Mohamed Ramadan
 
Product & Branding
Product & BrandingProduct & Branding
Product & Branding
Sagar Sharma
 

Similar to Million Dollar Case Study: Europe – Session #5 - Product Design Specification (20)

Making Sure New Products Don't Fail
Making Sure New Products Don't FailMaking Sure New Products Don't Fail
Making Sure New Products Don't Fail
 
PRODUCT RESEARCH.pdf
PRODUCT RESEARCH.pdfPRODUCT RESEARCH.pdf
PRODUCT RESEARCH.pdf
 
PRODUCT RESEARCH.pdf
PRODUCT RESEARCH.pdfPRODUCT RESEARCH.pdf
PRODUCT RESEARCH.pdf
 
2019 InfoSec Buyer's Guide
2019 InfoSec Buyer's Guide2019 InfoSec Buyer's Guide
2019 InfoSec Buyer's Guide
 
TBTBG-SERV-2017
TBTBG-SERV-2017TBTBG-SERV-2017
TBTBG-SERV-2017
 
Product classification and branding
Product classification and brandingProduct classification and branding
Product classification and branding
 
The future of market research
The future of market researchThe future of market research
The future of market research
 
1530 track 1 fader_using our laptop
1530 track 1 fader_using our laptop1530 track 1 fader_using our laptop
1530 track 1 fader_using our laptop
 
Both Sides of the Product - Product-Led Summit 2018
Both Sides of the Product - Product-Led Summit 2018Both Sides of the Product - Product-Led Summit 2018
Both Sides of the Product - Product-Led Summit 2018
 
11step comsmeticis development
11step comsmeticis development11step comsmeticis development
11step comsmeticis development
 
Growth hacking 101 - Matt Lerner
Growth hacking 101 - Matt LernerGrowth hacking 101 - Matt Lerner
Growth hacking 101 - Matt Lerner
 
[ILA'19] Hyphotheses & Experiments - enabling business-product dialogue
[ILA'19] Hyphotheses & Experiments - enabling business-product dialogue[ILA'19] Hyphotheses & Experiments - enabling business-product dialogue
[ILA'19] Hyphotheses & Experiments - enabling business-product dialogue
 
The Future of Market Research
The Future of Market ResearchThe Future of Market Research
The Future of Market Research
 
Bivolino.com Top 10 lessons
Bivolino.com  Top 10 lessonsBivolino.com  Top 10 lessons
Bivolino.com Top 10 lessons
 
What's Next: eCommerce
What's Next: eCommerceWhat's Next: eCommerce
What's Next: eCommerce
 
Marketing exercise _ Creating a Product
Marketing exercise _ Creating a ProductMarketing exercise _ Creating a Product
Marketing exercise _ Creating a Product
 
How To Improve Your Product Testing Program
How To Improve Your Product Testing ProgramHow To Improve Your Product Testing Program
How To Improve Your Product Testing Program
 
Peloton Smart Retro Bagarmossen Presentation
Peloton Smart Retro Bagarmossen PresentationPeloton Smart Retro Bagarmossen Presentation
Peloton Smart Retro Bagarmossen Presentation
 
Social Media Strategy Sample
Social Media Strategy Sample Social Media Strategy Sample
Social Media Strategy Sample
 
Product & Branding
Product & BrandingProduct & Branding
Product & Branding
 

More from Kym Ellis

Million Dollar Case Study Europe – Session #19 – MDCS Updates
Million Dollar Case Study Europe – Session #19 – MDCS UpdatesMillion Dollar Case Study Europe – Session #19 – MDCS Updates
Million Dollar Case Study Europe – Session #19 – MDCS Updates
Kym Ellis
 
Million Dollar Case Study: Europe – Session #16 – Launching With Amazon PPC
Million Dollar Case Study: Europe – Session #16 – Launching With Amazon PPCMillion Dollar Case Study: Europe – Session #16 – Launching With Amazon PPC
Million Dollar Case Study: Europe – Session #16 – Launching With Amazon PPC
Kym Ellis
 
Million Dollar Case Study: Europe – Session #15 – Amazon Product Launch Europe
Million Dollar Case Study: Europe – Session #15 – Amazon Product Launch EuropeMillion Dollar Case Study: Europe – Session #15 – Amazon Product Launch Europe
Million Dollar Case Study: Europe – Session #15 – Amazon Product Launch Europe
Kym Ellis
 
Million Dollar Case Study: Europe: Session #9 - Importing From China To The UK
Million Dollar Case Study: Europe: Session #9 - Importing From China To The UKMillion Dollar Case Study: Europe: Session #9 - Importing From China To The UK
Million Dollar Case Study: Europe: Session #9 - Importing From China To The UK
Kym Ellis
 
The Million Dollar Case Study: Session #19: Optimizing PPC Campaigns
The Million Dollar Case Study: Session #19: Optimizing PPC CampaignsThe Million Dollar Case Study: Session #19: Optimizing PPC Campaigns
The Million Dollar Case Study: Session #19: Optimizing PPC Campaigns
Kym Ellis
 
Selling on Amazon – Best Practice by Joel Lentz
Selling on Amazon – Best Practice by Joel LentzSelling on Amazon – Best Practice by Joel Lentz
Selling on Amazon – Best Practice by Joel Lentz
Kym Ellis
 

More from Kym Ellis (6)

Million Dollar Case Study Europe – Session #19 – MDCS Updates
Million Dollar Case Study Europe – Session #19 – MDCS UpdatesMillion Dollar Case Study Europe – Session #19 – MDCS Updates
Million Dollar Case Study Europe – Session #19 – MDCS Updates
 
Million Dollar Case Study: Europe – Session #16 – Launching With Amazon PPC
Million Dollar Case Study: Europe – Session #16 – Launching With Amazon PPCMillion Dollar Case Study: Europe – Session #16 – Launching With Amazon PPC
Million Dollar Case Study: Europe – Session #16 – Launching With Amazon PPC
 
Million Dollar Case Study: Europe – Session #15 – Amazon Product Launch Europe
Million Dollar Case Study: Europe – Session #15 – Amazon Product Launch EuropeMillion Dollar Case Study: Europe – Session #15 – Amazon Product Launch Europe
Million Dollar Case Study: Europe – Session #15 – Amazon Product Launch Europe
 
Million Dollar Case Study: Europe: Session #9 - Importing From China To The UK
Million Dollar Case Study: Europe: Session #9 - Importing From China To The UKMillion Dollar Case Study: Europe: Session #9 - Importing From China To The UK
Million Dollar Case Study: Europe: Session #9 - Importing From China To The UK
 
The Million Dollar Case Study: Session #19: Optimizing PPC Campaigns
The Million Dollar Case Study: Session #19: Optimizing PPC CampaignsThe Million Dollar Case Study: Session #19: Optimizing PPC Campaigns
The Million Dollar Case Study: Session #19: Optimizing PPC Campaigns
 
Selling on Amazon – Best Practice by Joel Lentz
Selling on Amazon – Best Practice by Joel LentzSelling on Amazon – Best Practice by Joel Lentz
Selling on Amazon – Best Practice by Joel Lentz
 

Million Dollar Case Study: Europe – Session #5 - Product Design Specification

  • 1. SESSION 3: Supplier Outreach & Product Selection T H E M I L L I O N D O L L A R C A S E S T U D Y E U R O P E
  • 2. Enter at www.junglescout.com/giveaway 3 Winners selected every week for all of 2017, must share your #MDCSchallenge update! 1 Prize for Each Winner ▹ 1 Jungle Scout Pro Extension ▹ 2 Jungle Scout Web App ▹ Featured on the Website! Part 2: Session 4 Giveaway
  • 3. You’re a Winner! Where are you in the #MDCSchallenge?
  • 4. You’re a Winner ( A JS T- Shirt)
  • 5. MDCS: Europe Progress Map Session #1: Generated a list of product ideas for the UK Session #3: Supplier outreach, profit calculations & selecting our product 🎉 Session #2: Advanced research & narrowed down that list to the top 5 Session #4: How to pick the right manufacturer in China
  • 6. In Today’s Session: ◍More product research... ◍Using data to create a product specification ◍Comparing reviews ◍Product spec research outside of Amazon ◍Testing & certification considerations ◍Early branding & labelling considerations ◍End goal: Ordering samples
  • 7. Sleeping Bags!!! All of the sleeping bags!!! Double sleeping bags? Envelope style with drawstring hood? Contrasting colors? Mummy Style? Additional features?
  • 8. Eliminate guesswork Do your research and use data to spec out your product!
  • 9. Step 1: Explore Sales Data ◍Go back to your product research ◍Explore competitor sales across different styles and specifications of your product idea ◍Web App Product Tracker data
  • 10. Place your screenshot here Sleeping Bags It’s very easy to see sales and revenue estimates for different styles of Kym’s product idea using the JS Chrome Extension
  • 11. Compare sales data for different specifications... Mummy Style Envelope Style Double Sleeping Bags Sales / Demand Medium High Low Revenue / Profitability High Medium Low Competition Medium High Low
  • 12. Step 2: Read LOTS of Reviews
  • 13. Step 2: Read LOTS of Reviews
  • 14. Step 2: Read LOTS of Reviews
  • 15. Step 3: External Research
  • 16. Step 3: External Research
  • 17. Step 4: Testing & Certificates ◍CE –www.gov.uk/guidance/ce-marking ◍RoHS – (Restriction of Hazardous Substances) ◍REACH –www.hse.gov.uk/reach ◍ECDC – European Centre for Disease Prevention and Control Work with suppliers and inspection companies who are already working with EU clients and sellers – ask for their support!
  • 18. Step 5: Finalize Your Product Spec Further Considerations: ◍How many variations? Consider managing several SKU’s ◍Can my top suppliers provide my variations? ◍Have they sent certificates or declarations of conformity?
  • 19. Core Features ◍Mummy style ◍3-4 season, warm ◍Lightweight ◍Water resistant ◍300 GSM Kym’s Final Product Specification Differentiating Features ◍Anti-snag zipper ◍Internal pocket for valuables ◍Drawstring hood ◍Can be zipped together Variations ◍Two colorways ◍Two sizes
  • 20. The key is in communication! Dear Mr. Supplier, Thank you for your fast response and quotation for these sleeping bags. I am very interested in working with you. I have some further questions if you wouldn’t mind me asking? 1. We want to ensure that the sleeping bag is lightweight, windproof, water resistant and breathable? Could you send further information about the fabrics used? 2. Can you make the zippers allow two sleeping bags to be joined together? 3. Do you have test certificates for CE, RoHS and REACH for the UK marketplace? 4. We would like the sleeping bag to be in a Mummy Style with a drawstring hood, is this possible? 5. Can you certify what temperatures the sleeping bags can be used in? I would like to ensure we get the specifications correct before moving ahead with the samples. Looking forward to your reply, Kind regards, Kym Jungle Creations - Purchasing WeChat, Skype!!
  • 23. Follow Along: Your Homework 1. Using the blueprint from this session, ensure you create the best product specification that will stand out in your product niche 2. Ensure you have researched any product certifications and tests that you may need and speak with your top suppliers about this 3. When you have done this, order your samples Download the new template at: https://www.junglescout.com/session5-HW
  • 24. Join Us Next Week Join us next Wednesday where we have a very special guest who is an accountant and a private label seller in the UK, here to tell us all about tax and legal setup! Register for FREE at junglescout.com/million

Editor's Notes

  1. Goran is at EVERY MDCS live session he is a passionate subscriber lets give him a nice shoutout please!!!!
  2. Tobi has been around since day 1 of the MDCS! And now sells on Amazon FBA :) he has been a big part of the community always extends a hand to help out other users!
  3. We can’t cover all certificates for all of Europe for all products. Best advice: Google things in the marketplace you want to sell in AND for your type of product. Gather a list of certificates you think might be applicable. Speak to suppliers and ask them if they have any of these certificates or a DOC and if they know of any others that may be useful.
  4. Notes: Greg cover whether you need to have a brand / label on the samples / early considerations ?