![]() Your volume is one of the key indicators of the price. One of the factors to consider before ordering packaging is the volume. The easiest way to procure packaging is to find a custom packaging supplier who would be able to make the process of ordering and receiving packaging painless. They must be thoughtfully coordinated to ensure that the perceived value matches the cost for the consumer.Ĭomponents of packaging include design and prototypes, materials, production, labor, volume, freight, and shipping. Pricing and packaging are interconnected aspects of a product's go-to-market strategy. For example, if the product sells $100, then the company might spend anywhere between $10-$40 on the packaging. Typically, companies spend 10-40% of the product’s retail price on packaging. While there is no set cost range for packaging, it is a good practice to make it a part of your product cost. This does not mean it needs to blow a hole in your wallet. In order to validate your customer's purchase, your packaging needs to be attractive and functional. ![]() It is a common notion that custom packaging is for companies with big budgets. ![]() It also displays your inbox and schedule.When it comes to budgeting, pricing of packaging often gets little attention. The template allows you to track personal finance, health and fitness, personal growth, and relationship goals. My less-expensive templates - such as my Bullet Journal, which costs $20, and Finance Tracker, which costs $40 - make up nearly half of my business.īut sales of my $130 flagship product, the Second Brain template, make up over $100,000 of the profit I've made this year. I've made $239,000 in template sales this year. My working hours vary from week to week - it's definitely a full-time commitment. I tweet two to three times a day, reply to at least 10 tweets, and make an informative Twitter thread weekly. My tweets these days focus on helping others grow their audiences and ventures, which is a popular topic that gets a lot of attention. I invest a lot of time in growth on Twitter, which has brought me the greatest return on the investment of my time. I focus on growing my online audience organically. I stumbled into this entrepreneurship opportunity it was my first job ever. In November 2021, I decided to start charging for my new templates and turn "Easlo" into a business. I realized that being Easlo might be a lucrative endeavor in fall 2021 when I began receiving tips of up to $100 on Gumroad. The audience for my free templates was happy to start paying for my new product They could be downloaded from Gumroad for free, with the option of leaving a tip. This research has paid off because I now get significant support on Twitter for my products.įor about two months in summer 2021, I regularly released new, free Notion templates and made them available to anyone who wanted them. I modeled my Twitter behavior after theirs. I followed popular productivity Twitter accounts and studied what formats and content they used. While developing my templates, I was growing my Twitter audience. I released these first templates for free, advertising them to my growing Twitter followers and posting on Product Hunt to get the word out. I learned how to set up various functions in Notion by watching YouTube videos. I studied YouTube videos and other Twitter users to create my brand Account icon An icon in the shape of a person's head and shoulders.
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