4.9 • 816 Ratings
🗓️ 12 September 2022
⏱️ 21 minutes
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In this episode, I share scenarios where you discontinue or re-release a product.
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0:00.0 | The only situation where I think you would re-release a product is if you launch a product out there on Amazon and you're just getting absolutely hammered with bad reviews. |
0:10.0 | That's a scenario where you would probably want to totally scrap the listing, delete the listing, get the inventory out of there, liquidate it, whatever you want to do, and completely do a full relaunch, |
0:21.9 | where you fix the issue, re-release the product, and kind of go that direction. |
0:32.8 | What's up, guys, you're listening to another episode of Selling on Amazon with Andy Isam. |
0:38.5 | Have we ever discontinued or re-released a product? |
0:43.3 | This was a question that came in on social media. |
0:46.2 | And kind of a follow-up question to this is, how do you know what makes a rock solid or |
0:50.4 | keepable design? How do you know if it's a design or a skew or a variation that you should |
0:56.2 | continue to sell or should you discontinue it or make changes or re-release it? I'm going to share |
1:02.7 | some thoughts in this episode about our own brand and kind of some ideas and things that we've had |
1:07.6 | there. First of all, we have never discontinued a product, but I say that |
1:13.6 | with a little bit of a caveat. We have a couple skews and variations that we are no longer |
1:20.8 | manufacturing. Or I should say we are no longer replenishing, but we haven't sold out yet. So these are skews, they're variations |
1:30.6 | that we have decided we don't want to continue to sell this product after it sells out. |
1:36.8 | These are products that don't really sell super well. They don't really fit with the current |
1:43.0 | brand direction that we're taking. So they're probably |
1:47.2 | best to kind of just let fizzle out and discontinue. Now, there are some pros and cons to |
1:54.9 | discontinuing a product, a variation, or a skew, right? Even if you're getting, this was our |
2:00.7 | philosophy for the longest time, right? |
2:02.8 | For three years, that's why we haven't really discontinued any designs or any skews. |
2:07.0 | Our philosophy for the longest time was, well, if we're getting, man, even if we're getting |
2:11.2 | one sale a day, we're still, in theory, making money, right? |
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