Business
Sofeast's head of New Product Development, Andrew Amirnovin, is back with Adrian from the team. They're talking about manufacturing alchemy: taking a cheap product and converting it into a high-profit one! How can importers do this? Andrew shares 5 ways to boost your profits here.
Show Sections
00:00 - Greetings and introducing today's topic.
03:06 - Sell expensive or low-cost products?
08:11 - 1. Add value to the product.
16:23 - 2. Target a Niche Market.
19:50 - 3. Improve the packaging.
25:10 - 4. Upsell and Cross-sell.
30:03 - 5. Invest in marketing.
33:53 - Wrap-up.
Related content...
- Sourcing & Manufacturing In China For E-Commerce Sellers [Interview By Proboxx]
- 10 Mistakes New Buyers Manufacturing In Asia Keep Making
- What are your 4 options when sourcing suppliers in China? [Podcast]
- Why First-Time Buyers Fall for Trading Companies in China
- How To Reduce Risks As Your Order Sizes Grow When Working With Chinese Manufacturers?
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