Low Risk, Low Budget Product Launches - Toni Raehalme - Amazon Legends - Episode #205

The guest on today's episode is Toni Raehalme. He is an accomplished 8-figure Amazon seller and coach. With a team of over 40 employees from the Philippines, he has made a name for himself in the e-commerce industry. His expertise extends beyond just selling on Amazon, as he is dedicated to helping entrepreneurs establish their presence on the platform and build a top-performing team. He provides valuable insights and strategies for building a strong brand, optimizing product listings, and finding the right employees to take their business to the next level. Toni's mission is to support entrepreneurs every step of the way on their journey to success on Amazon. In today’s episode, he discusses low risk, low budget product launches. Takeaways:First, we need to find out what people are buying and then we need to sell an item for their needs.You need to get a full understanding of the product cycle.We need to find the products that are in the introductory phase.We need to find keywords that have less than 300 listings.Initially, we need to test our product in small quantities, such as 20-50 pieces.Quote of the Show:The key question is “Is there space for us on the first page, can we differentiate from all the other listings, are we able to provide more value?” One thing we want to avoid is saturation. Links:Linkedin - https://www.linkedin.com/in/toniraehalme/Website - https://www.tonyandvik.com/Instagram Profile - https://www.instagram.com/toni.raehalme/Join the Free 5-day Viral Product Challenge - https://www.facebook.com/groups/elevenxfreedomhackersSpecial Offer:Message him on Instagram to get the Perfect Product Blueprint which is the foundation for product development not only for him but also for his students including fellow 8-figure Amazon sellers.Ways to tune in:Apple PodcastiHeart RadioSpotifyGoogle PodcastStitcherYouTubeAmazon Legends is sponsored by Argometrix, the authority on, and a leading supplier of, competitive intelligence for online retail. To learn more, head over to https://argometrix.com/

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