Nick Huber always says.
Don't do sexy.
Do what makes money.
It you don't believe him...
Look at this.
Dog Poop Trash Cans.
Making money.
Hand.
Over.
First.
I was shocked by 5 things in this market: 🧵
1. People will pay $135
Don't get me wrong...
It's worth the extra money to get:
UV resistance
carbon air filters
dual vent technology
pest safe
But was hoping for something a little more high-tech.
2. Small but strong competition
It's not a huge market.
TAM is $500,000/mo.
But most listings are general trash cans.
Only 12 sellers on page 1 are for dogs.
But they poured their hearts into these listings.
3. Chinese sellers haven't touched it
Amazon sells a SKU.
So of course they're in 1st place.
But where are all the Chinese sellers at?
A plastic product dominated by US sellers.
Unusual thing that.
4. Amazon ain't the one banking profit here...
Amazon
Price: 55
ROI: 20%
PawPail
Price: 135
ROI: 125%
Since this is a big item the fulfillment fees are hefty.
So the the price point really matters.
My money is on PawPail.
Genuinely impressed with their...
Nick Huber always says.
Don't do sexy.
Do what makes money.
It you don't believe him...
Look at this.
Dog Poop Trash Cans.
Making money.
Hand.
Over.
First.
I was shocked by 5 things in this market: 🧵
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