In this episode Jack & Holly talk about all the different ways they could sell their new vacuum cleaner!
What are the different ways you can sell a new product?
When thinking about where to sell your product you have 2 big options to think about: online or in a shop.
Each one has it’s positives and negatives so you need to think about which would be best for your own product.
Online is great because people can buy it anytime, anyplace but they can’t try it out for themselves before they buy.Embed from Getty Images
Shops are good because you can try it out before you buy but it is not as convenient as buying online.Embed from Getty Images
You also have to think about how much it will cost you as the person selling it. If you sell in a shop then you might have to pay that shop or give part of your profits to them. If you sell online however, you might need to store all of your product and post them yourself which could be really expensive.
How do you decide which is best for you?
It all depends on your product.
Is your product better suited to be sold online or in a shop?
If you’re making a new type of sweet or chocolate then in a shop might be better, but if you’re selling a video game then online might be best.Embed from Getty Images
Or maybe both is the best option, just like Jack & Holly found in this episode.
Where should your product be sold?
Have a think about everything we’ve talked about tell us where you would sell your product in the comments below.
Listen to ‘There’s Got To Be a Better Way’ at 6:45am on Fun Kids Radio every weekday starting Monday 14th December or subscribe to the podcast below…
This series is produced with help from Shark
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