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Cathryn

๐Ÿ‘ค Speaker
107 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

And the first order was for 30,000 units.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

It costs like 80 something thousand.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

Kickstarter.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

Oh, I see.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

We didn't have the cash to put that money on.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

We also didn't want to just...

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

get 30,000 units without validating that it was an idea, you know, that wasn't just our friends.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

And also during the Kickstarter, like people would give us feedback and we made the product better before we went to print.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

So that's, that was like really good.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

And then, you know, all these people feel like they have a, you know, inside scoop on the product because they actually give us feedback and helped us make it better.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

So the cost for landed shipping, which means when we make it in China, we ship it by sea.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

So it's about $4 landed.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

It's about $10, 20 cents, including shipping for us to get it to a customer.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

And the profits, like the margins are about 70%.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

The profits is like 25, 80%.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

At that price point, we only opened our store like 12 days ago.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

We've sold like 356.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

On Kickstarter, we sold them for $24 to $26.

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

And we sold

SaaS Interviews with CEOs, Startups, Founders
How to Sell 10,000 Units of a Physical Product Fast with Cathryn and Allen Episode 192

$10,279 at that price.