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The Product Boss with Jacqueline Snyder

505. Help! How Do I Find My Best Seller with No Data?

The Product Boss with Jacqueline Snyder

Jacqueline Snyder

Marketing, Entrepreneurship, Business

4.8961 Ratings

🗓️ 4 September 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

If you're familiar with the 80/20 rule, you know that 80% of your revenue can come from just 20% of your products. But how do you uncover what that bestselling product is when you’re just starting out? Whether you're just starting out or have been at this for years but haven't quite figured out your bestseller yet, we’ll help you get there!

This episode aims to help entrepreneurs navigate the challenge of identifying their top-performing products. But what if you're new and still seeking your bestseller? Or what if you've been around but your sales data is still sparse? We address these concerns, equipping you with a fresh perspective and the tools to find clarity in your business journey.

For those wanting to refine their strategy or newcomers in search of a strong start, this episode is a must-listen. Join us as we unravel the secrets to identifying bestsellers, understanding sales data, and making the most of your efforts.

Resources:

  • Want a guide to over 308 business tools and resources to help you effectively run your product-based business? Slide into our Instagram DMs and message us “guide” or Visit theproductboss.com/resourceguide to get this FREE download today!

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Transcript

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0:00.0

So if you go to your why and you go back to why you started and how you came up with the idea of it,

0:06.6

then also think about then what is it? Like what is the it? What is the product? What is the category, what is the thing that people need.

0:14.0

Welcome to the Product Boss Podcast, where we're dedicated to helping product-based business owners turn into revenue generating

0:24.7

successful happy product classes.

0:27.2

I'm Jacqueline Snyder.

0:28.6

And I'm Meena Kunlo Setep.

0:31.1

Together through digital courses, coaching and masterminds, we've helped over 50,000

0:35.9

students from startup to multimillion dollar businesses scale their sales while blending in their dream life.

0:44.0

It gets lonely out there in the product business world.

0:46.1

We fully believe a business shouldn't be built alone.

0:49.2

There's room at the top for all of us.

0:52.0

So let's get scrappy and creative together product

0:54.7

boss to be profitable make more sales and grow your visibility. Are you ready?

0:59.8

Let's dive in. Hey there friend, can you believe that the summer is already starting to wind down?

1:07.5

It always feels like summer is never long enough, right?

1:10.5

And that's exactly why it's so important to make the most of the remaining summer days we have left.

1:15.5

Now, as a product boss, you're probably wondering about the best way to do that,

1:20.0

especially as we're about to head into our busiest season yet.

1:24.7

Now, the answer lies in embracing AI.

1:28.0

The latest research reveals that marketers have been able to cut their work time

1:32.1

on manual admin tasks in half with the help of AI.

1:36.4

I know, wow, mind-blown. So if you're a product-based business owner wearing all the hats and

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