
244 | How to Decide Which Product to Manufacture Next with Katie Hunt
Proof to Product
00:00
Choosing Which Products to Say Yes To
The fifth consideration is cash flow. What type of investment will you need to make if you decide to move forward with this new product? Something like a planner is much more complex and expensive to manufacture compared to things like greeding cards, stickers or even pencil sets. The sixth and final consideration i want you to consider here is your personal risk tolerance. When we create something new, we are investing a lot of our time, energy and also finances without knowing whether the product will sell through or off.
Play episode from 04:55
Transcript


