Your Next Best-Seller: How to Find & Profitably Test New Ideas | Episode 67
Description
Have you ever found yourself sitting on a TON of inventory for a product that you thought for sure was going to be a best-seller but ended up being a total flop?
We’ve all been there (it even happens in major corporate retail, too).
But there is a way to strategically search for and test out new product ideas to find your next best-seller without losing money.
In this episode of The Buyerside Chat, you’ll learn
- Tips to find white space opportunities in your product assortment
- How to analyze the financial sales data in your product based business AND compare with fashion trends to determine what trends you should go after
- A proven strategy to test out new products (or product categories)
- What to do once you have found that next best-seller!
Enjoy the chat!
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