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What can you do to make your product stand out from the rest?
I wanted to make this quick video to talk about five factors of a successful product. Whether you are looking for your first winning product or the tenth, these tips will set your product apart from your competition.
I'll be using a real-life example from my brand Calming Blankets, to show the difficulty of staying ahead in a rapidly changing market and dropping some industry secrets to find your next winning product!
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00:00 - Intro
00:15 - Importance of product differentiation
02:05 - How do you know you are unique?
02:52 - Don't forget unit economics
04:00 - Picking a replenishable product
05:50 - The Total Addressable Market (TAM)
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DISCLAIMER: The content provided in this KZbin video is for informational purposes only and should not be considered as professional advice. Any recommendations, reviews, or opinions expressed are based on personal experiences and research, and individual results may vary. Viewers are encouraged to conduct their own due diligence and consult with relevant professionals before making any purchasing decisions or implementing strategies discussed in this video. The creator of this content shall not be held liable for any direct, indirect, incidental, or consequential damages arising from the use of information presented herein.
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