336: Direct to Consumer Product Research - How to Find Your Next Profitable Product
The Side Hustle Show
Nick Loper
4.7 • 1.6K Ratings
🗓️ 23 May 2019
⏱️ 41 minutes
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| 0:00.0 | Side Hustle Show 336 direct to consumer product research. |
| 0:06.0 | Through Amazon FBA or through your own e-commerce site, |
| 0:09.0 | direct to consumer products and brands are one side hustle with tremendous potential. |
| 0:14.0 | Here's how to get started. |
| 0:17.0 | What's up, what's up Nick Loper here? |
| 0:20.0 | Welcome to the Side Hustle show because there's got to be a better way. |
| 0:24.1 | There's got to be a better way than slaving away in a cubicle for 40 years to reach financial independence. |
| 0:29.7 | It was that line of thinking and a little firsthand experience on both Wall Street and Main Street that helped Chad Rubin create a profitable e-commerce business and later a software tool called Scubana to help other e-commerce sellers. |
| 0:44.0 | Laid off from his job on Wall Street, |
| 0:46.3 | Chad began helping out at his parents vacuum shop, |
| 0:49.5 | selling some of their inventory online. |
| 0:52.4 | But then came the realization that the profit margins were all |
| 0:55.3 | eaten up by intermediaries along the supply chain. He reasoned the closer he could get to the |
| 1:00.4 | manufacturer, the better deals he could make make both for himself and for his customers. |
| 1:06.0 | His first products, starting with what he knew, were vacuum filters. |
| 1:10.1 | But how do you figure out what to sell if you don't have an inn in a certain industry? |
| 1:14.5 | That's what this episode is about. |
| 1:16.6 | Today Chad's Business Think Crucial.com sells a wide variety of products for |
| 1:21.9 | your home, your pool, your car, and more. I think |
| 1:25.5 | coffee filters, hair filters, pool filters, and a whole bunch of other stuff. He |
| 1:29.2 | called himself the Filter King, but every product follows the same direct to consumer strategy that lets him source |
| 1:35.9 | and sell in-demand products efficiently and inexpensively. |
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