I’ve sold $100,000,000+ in branded products to date. Here’s how to create a product that stands out.
I’ve either developed or sold:
Today we’re going to focus on products for DTC entrepreneurs.
Brands fail because their products don’t resonate. Drop-shipping products or ordering straight off Alibaba won’t get long-term success. You need to create a product that stands out from the crowd and draws your customer in.
Products that succeed need to be special. This is a mix of:
This is the #1 area to focus (and also the hardest)
Can your product solve something for a user that makes their experience in your category better than ever?
Examples:
Can using better materials make the product better, or more unique for a specific user group?
Examples:
There is a whole cottage industry of making products that just look good on social media or by comparison
Examples:
Whatever you’re creating, zone in on a smaller demographic– occupation, gender, race, background, region, belief system, taste etc.
Make a product that someone feels was really made specifically for them.
Example:
Many new products come out as one thing, which consumers can look at as “fly by night”. But a set of products that work together, and provide a roadmap to better solve the user’s pain points over time, is a differentiator.
Examples:
This is extremely overlooked. If you sell a normal product, but add free digital content… You’re providing more value than the competition
Ideas:
Making products more reliable & sturdier solves a huge pain point for many products. Spend more to make your product extremely reliable.
Then back it up with a money-back guarantee 2x the competition, or even a lifetime.
Examples:
Especially for technical, complex, or very frequently used products, sell customer service.
If you have the same product as the competition, but you answer the phone immediately 24/7, you can win.
Example:
Allowing your products to be customizable, and having many different versions (especially appealing to niches, licensing etc) gives brands a way to stand out by making customers feel like what they buy is unique to them.
Example:
Nothing helps a brand resonate more than an army of customers or fans acting as evangelists, and making new potential customers feel they’re buying into more than a product, they’re buying into a place they belong.
Examples:
If you’re looking to find the perfect product to launch, here’s my factory connects master thread on Twitter…
If you apply multiple of these principles directly to a great vendor, you can make something great.
Hopefully this got your wheels turning!
– Oren
Remember to subscribe, and follow along as I help my community bring new products to life on my Twitter Account. Join us and follow for more product creation insights
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