China Manufacturing Decoded
China Manufacturing Decoded
Sofeast
5 Ways To Turn A ”Cheap” Product Into A High Profit One
35 minutes Posted May 5, 2023 at 10:42 am.
Greetings and introducing today's topic.
Sell expensive or low-cost products?
1. Add value to the product.
2. Target a Niche Market.
3. Improve the packaging.
4. Upsell and Cross-sell.
5. Invest in marketing.
Wrap-up.
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35:15
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In this episode...
Sofeast's head of New Product Development, Andrew Amirnovin, is back with Adrian from the team. They're talking about manufacturing alchemy: taking a cheap product and converting it into a high-profit one! How can importers do this? Andrew shares 5 ways to boost your profits here.
 
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