DTC POD #241 - Oren Schauble: How To Go From Product Idea To Market

1️⃣ One Sentence Summary
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Oren Schauble's guide on product validation, sourcing, and effective marketing.

Interview Breakdown
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On this episode of DTC POD, we're excited to host serial entrepreneur and product developer, Oren Schauble. We'll discuss his journey and share insights on how to transform a product idea to a thriving market. In this episode, we'll cover: - The role preselling and email marketing play in product validation and audience building - How acquiring existing businesses or e-commerce stores can spur growth - The importance of storytelling and engaging content in brand development - Oren's strategies for product sourcing and supplier selection - Insights into Oren's successful approach to launching a product on various channels including DTC, retail, and Amazon. Tune in, and prepare to be inspired!

🔑 7 Key Themes
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1. Product Validation Through Preselling 2. Utilizing Email Marketing for Audience Building 3. Role of Paid Advertising in Validation 4. Product Sourcing and Sampling Process 5. Differences between Dropshipping and Brand Building 6. Importance of SEO in Ecommerce 7. Balancing Organic Reach and Content Creation

💬 Keywords
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Oren Schauble, product validation, product development, email marketing, preselling, video content creation, paid advertising, organic reach, buying e-commerce stores, MicroAcquire, Flipa, Shopify, drop shipping, product sourcing, Alibaba, domestic sourcing, Pietra, direct-to-consumer, retail, Amazon, customer lifetime value, SEO, keyword difficulty, domain authority, backlinks, digital product financing, brand building, packaging, social media promotion, content strategy.

🎞️ Clipfinder: Quotes, Hooks, & Timestamps
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Oren Schauble 00:10:43 00:10:51

"Leveraging Social Media for Business Success: 'But I think the real indicator...is if you just post variations. Of a handful of the same videos that you know will perform that showcase your product kind of again and again and continue to tweak it...Then you have a product that you can say is validated enough to consider expanding it. I think that's an opportunity we haven't had didn't exist five years ago right.'"

Oren Schauble 00:16:16 00:16:42

"Understanding Alibaba for Outsourcing: Yeah, and so there's a couple things so if you want to go overseas, which is where you're going to get the best costing, then I think people will tend to be really intimidated by Alibaba, but I wouldn't be it's not that hard to use. So basically, that's just a search network for international factories, and all of them have rankings. So they'll basically show you how much dollars in revenue they're doing through the platform, their on time delivery rate, their reviews by the customers they have, and how long they've been on the platform."

Oren Schauble 00:17:50 00:18:08

"Understanding Alibaba's Benefits: Another nice part about Alibaba is if your preferred sellers on there, you can get financing and pay for things later through the platform, which is nice. Alibaba also has trade assurance, which means if you get a product, if you described your product immaculately on the platform and they send you something that's not as good, they'll refund you. There's lots of little things that they've made to make that process really easy."

Oren Schauble 00:23:08 00:23:22

"Ecommerce Opportunities: If you had told me five years ago you're starting a brand and be like, hey, guess what? If you get to list yourself on Fair and you're going to have 200 retailers that are sending you requests, that would sound crazy, right? It whereas now all these tools are at our disposal."

Oren Schauble 00:29:50 00:30:38

"Content Creation and Customer Engagement: The best content that performs organically, you turn that into your ads and then you kind of get this cycle of graduating content from organic to advertising and you're just kind of always in that flow. And then once you have enough customers, you begin asking them for it. I think that's one of the most compelling things that you can do now is saying, hey, tag us in your things or send us a video with this theme, or we'll give you a free thing if you do."

Oren Schauble 00:32:56 00:33:04

"Product Development Strategies: So if you are going through that process now of how do I find out what to make, how do I have ideas, how do I make it better, how do I find the factory? I just hit that every week inside there."

Oren Schauble 00:33:56 00:34:14

"Strategies for Startup Success: If you're great at one of these kind of promotional methods or sales, just B two B sales is another one where I'm going to crush selling to retailers. If you just get one of those things and you're great at it and start there, especially if have you a small team, then, you know, okay, when I want to expand, I just hire out one of these other pieces and I know I already have one locked in and generating revenue."

Oren Schauble 00:36:11 00:36:33

"Success on Amazon: Once you get one product to hit, or once you get two products to hit and you start to be like, oh, I can do this, then it's actually really easy to do, like seven. Then you start to see, oh, I only need one accounting department and I can do this across multiple things, my costs go down or oh, I'm sending stuff to influencers anyway. I can send them five products and get a discounted rate on whatever we're working on."

Oren Schauble 00:38:45 00:38:55

"Understanding Your Target Demographic: I think the biggest solution to that is just spend time with your customers or actually ask your customers those questions, or go on reddit and see what they complain about and start to build a roadmap of problems you can solve."

Oren Schauble 00:47:28 00:47:32

"Scaling Businesses: 'Seven figures is, I think, more achievable than people think. And I think a lot of it comes down to cash flow. There's a difference between six figures and seven figures... how much money you had to start or how you're able to get cash flow to get to the inventory to get there.'"

📚 Timestamped overview
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03:11 Multiple business ventures in various industries.

09:06 Pre-selling is recommended for established brands.

10:26 Product validation through repeated viral video testing.

14:11 Buy existing businesses for entrepreneurial growth.

16:16 Alibaba: Search network for international factories.

20:48 Team size, inventory budget, time determine success.

22:59 Opportunity to build own ecommerce brand.

25:54 Creative packaging options for products, inexpensive options.

29:50 Create daily content, turn top-performing content into ads, engage customers for promotion and evolution.

33:22 Different strategies for successful business growth.

36:05 Scaling success makes everything easier and profitable.

41:46 Courses recommended for personal and brand growth.

43:59 We'll get through it all, it's fine.

46:38 Seven figures achievable with cash flow, loans, and digital sales.

❇️ Key topics and bullets
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1. Preselling and Email Marketing - Value of established brands doing preselling - Email marketing's benefits for validation and audience building 2. Video Content for Product Validation - Benefits of video content variation on platforms like TikTok, Reels, and YouTube - Importance of making 100 videos with different aesthetics for better product understanding 3. Paid Advertising vs Organic Reach - The use of paid advertising for product validation - The necessity for testing organic reach 4. Purchasing Existing Businesses or E-commerce Stores - Validation and growth through buying existing businesses - Marketplaces for buying established businesses: MicroAcquire, Flipa, Shopify 5. Daily Content Creation - Oren Schauble's content creation methodology: building storylines and explaining brand processes - Effectiveness of customers promoting the brand 6. Dropshipping vs Building a Brand - Oren Schauble's views on dropshipping - Testing the viability of the market through dropshipping - Advantages of developing own products and brands 7. Product Sourcing - Using Alibaba to source suppliers - How to contact suppliers and negotiate details - Financing options and trade assurance - Domestic sourcing resources 8. Product Launching - Suggestions for launching a product - The three main channels for selling: DTC, retail, Amazon - Importance of relationship building with store owners 9. Monetizing an Online Business - Necessity for patience - Ease of launching multiple successful products once one product hits 10. Expanding Product Offerings - Opportunities with generational shifts - The role of customer relationships and understanding customer needs - Improving customer lifetime value (LTV) 11. SEO in Ecommerce - Importance of keyword research, understanding domain authority, and backlinks - Effort and time needed to gain results 12. Benefits of Educational Resources - Role of investment in courses and masterclasses - Importance of reaching out to creators 13. Maintaining a Positive Mindset and Engaging with Community - Overcoming setbacks by staying positive - Connecting with others through various platforms 14. Achieving Profit Goals - Possibility of achieving seven figures with properly managed cash flow and inventory - Financing necessities 15. Strategies for Retailers - Keeping offerings fresh and data-informed - Platforms that facilitate retailer connections to brands 16. Importance of Brand Packaging - Role of packaging in customer experience and organic reach - Importance of unique and engaging packaging 17. Content Strategy and Volume - Importance of content volume - Requirement for variety in content and having a definite content strategy.

🎬 Reel script
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In today's episode of DTC POD, we hosted the incredible Oren Schauble, a master of turning product ideas into market success. Oren shared insights on validating product ideas through creative methods like organic social media content and pre-sales. We discussed the importance of sourcing from reliable vendors, financing options, and leveraging email marketing. He shared his experience in buying established e-commerce businesses to gain audience and infrastructure. Also, we explored the world of SEO, creating daily content, and the value of packaging. It's been an informative ride, filled with essential tips for our listeners who are aspiring entrepreneurs or established business owners. Join us at DTC POD as Oren inspires us to excel in one promotional method, build customer relationships, stay patient, and fall in love with the process of building. Don't miss out! Tune in now!

✏️ Custom Newsletter
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Subject: 🎙️ DTC POD #241 - From Product Idea To Market With Oren Schauble 🚀 Hey there! We are back with another episode of DTC POD and trust us when we say that it's not one to miss! This week, we sat down with the serial entrepreneur and product developer, Oren Schauble. He dropped knowledge bombs left, right, and center on how to bring a product idea to life and get it into the market successfully. Whether you're a seasoned entrepreneur, a budding startup owner, or simply someone interested in the mechanics of idea development, we've got a ton of learning in store for you. Strap in! Here are five keys that you are going to unlock in this episode: 1. Preselling and validation: Oren discusses the importance of preselling and email marketing for validation and audience building. 2. The power of organic content: Get insights on utilizing organic content on TikTok, Reels, and YouTube, transforming them into successful ads, even if it takes shooting 100 videos! 3. Navigating the world of acquisitions: Learn how purchasing existing businesses can bolster growth and help product validation. 4. From drop shipping to building a brand: Oren educates us on the long-term benefits of developing your own products over drop shipping, and how to use it for market viability. 5. Sourcing and launching: Immerse yourself in the world of sourcing from domestic and overseas suppliers, and the best strategies for a successful product launch. Here's a fun little tidbit from the episode: Did you know that Oren Schauble has a master list of successful videos from different brands, from factory tours to unboxing? Chalks it up to his unique focus on creating storylines and explaining brand processes through videos. As we wrap things up, we delve into the importance of maintaining a positive mindset and falling in love with the process. There are hard times for sure, but as Oren put it, "Don't let setbacks hold you back." Ready to tune in? Groove into episode #241 - Oren Schauble: How to go from Product Idea to Market, available on our website, Spotify, Apple Podcasts, and Google Podcasts! Your ultimate guide to turning that product idea into a market reality is just a click away! As always, let's continue the conversation over on our socials. Share your favorite moments from the episode or any thoughts you might have with us. Until the next soundwave, keep dreaming, keep building, and keep tuning in to DTC POD. All the best, [Your name] DTC POD Team [Your social handles]

🐦 Business Lesson Tweet Thread
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1/20: Ever wondered how to bring your product idea to market? Here's some insight based on an enlightening chat with Oren Schauble, a serial entrepreneur and product developer. 2/20: Preselling can be useful, especially for established brands. It allows you to test the appeal of your new product with a receptive audience. 3/20: Utilize the power of videos. They provide a visual validation for your product and can be the best narrative for your brand. 4/20: Not only paid advertising, a broad mix of organic reach can be a game changer for your product validation. Test it well. 5/20: You can't ignore the power of email marketing. It gives you access to potential customers & helps you build brand loyalty. 6/20: Alibaba's your friend for sourcing products. You'll find suppliers, rankings, information about factories - all aiding to score the best deal. 7/20: Product sourcing isn't a single channel game. From Google to local factories, it's about finding the right fit for your needs. 8/20: Patience is crucial. An online business might take time to monetize, but once it does, it paves the way for further successes. 9/20: SEO - it's like the well-kept secret to E-commerce success. Though time-consuming, understanding keyword difficulty & backlinks can pay off. 10/20: Expanding within your niche, beware not to alienate your target demographic. Stick to what you know & understand your audience's needs. 11/20: Build customer relationships that last. By understanding their needs, you'll elevate the customer lifetime value, your business's net value. 12/20: Running an E-commerce business is not just about selling products. Investing in courses & master classes can provide immense value. 13/20: Maintain a positive mindset. Entrepreneurship is a rollercoaster. The highs are high, but the lows are also very low. 14/20: Reach out, network and hustle. Oren believes that the best responses come from reaching out to creators and showing your dedication. 15/20: Achieving 7 figures isn't a myth - it's possible with the right cash flow and investment in inventory. And remember, financing can help. 16/20: Utilize platforms like Fair. They give you access to a plethora of retailers - perfect for niche products seeking visibility. 17/20: Packaging can be your ticket to organic reach and overall customer experience. Make it unique and engaging. 18/20: The rule of thumb – create, create, create. A well-executed content strategy can help you resonate with your audience. 19/20: Falling in love with the process of building is life-changing. Don't let setbacks hold you back. 20/20: No need for multi-tasking. The focus should be on excelling in one promotional method or skill. Then, start expanding.

🎓 Lessons Learned
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1. "Product Validation Through Preselling" Leveraging email marketing and social platforms to validate your product and build audience before product launches. 2. "Increasing Organic Reach with Videos" Creating and sharing varied video content across platforms like TikTok and YouTube to drive product validation and engagement. 3. "Growing Through Business Acquisition" Acquiring existing businesses or e-commerce stores through platforms like MicroAcquire or Shopify for exponential growth. 4. "Generating User-Generated Content" Engaging customers to create product-related content or tag brand in their posts to build a dedicated community. 5. "Leveraging Alibaba for Sourcing" Taking advantage of Alibaba's comprehensive supplier information and trade assurance to save on production costs and ensure quality. 6. "Launching Product Via Mixed Approach" Driving a successful product launch through a blend of organic marketing and retail partnerships for feedback or validation. 7. "Long-Term Monetization Requires Patience" Aiming for long-term success in online businesses by exercising patience and understanding that prosperity takes time. 8. "Increasing Customer Lifetime Value" Building relationships, meeting customer needs, and expanding within the niche can boost lifetime value and overall business value. 9. "Effective SEO Enhances Ecommerce" Harnessing SEO techniques through keyword research, improving domain authority, and building backlinks for better visibility in ecommerce. 10. "The Power of Positive Mindset" Embracing challenges with a positive mindset and a love for the building process is key for enduring success.

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1. Build a loyal customer base before pre-selling a product. 2. Leverage email marketing for audience building and validation. 3. Validate your product using varied content across different platforms. 4. Test both organic reach and paid advertising for product validation. 5. Consider buying existing businesses for validation and growth. 6. Document and share your brand's journey to create an engaging storyline. 7. Incorporate your top-performing organic content into paid advertisements. 8. Automate workflows and tap into the creativity of non-influencers. 9. Be patient, launching a product often takes around 90 days. 10. Invest in one promotional skill at a time before expanding to other areas. 11. Avoid low margins by focusing on building a brand instead of just drop shipping. 12. Utilize Alibaba for overseas product sourcing because it provides rankings and reviews. 13. Reach out directly to suppliers to negotiate product details and prices. 14. Adopt a mixed approach when launching a product to get maximum feedback and validation. 15. Test all three channels of selling (DTC, retail, and Amazon) to see which one works best. 16. In the retail process, build relationships with store owners to facilitate risk-free transactions. 17. Always keep looking for emerging categories like sleepwear or pickleball to launch new products. 18. Diversify product offerings within the same niche to increase sales and improve unit economics. 19. Always prioritize customer relationships for long-term success. 20. Develop an understanding of SEO to optimize your business opportunities. 21. Never hesitate to invest in your knowledge through courses and master classes. 22. Maintain a positive mindset to overcome challenges. 23. Connect and collaborate with people who are on the same journey as you. 24. Use cash flow wisely to fund inventory and growth. 25. Employ multiple strategies simultaneously to build a successful brand. 26. Packaging plays a vital role in enhancing customer experience and organic reach. 27. The more content you put out there, the more your audience can connect with your brand. Remember, the true spirit of entrepreneurship is about falling in love with the process of building, strenuously. Even when everything doesn't go as planned, do not let setbacks hold you back. Instead, learn from them and keep moving forward.

🌟 3 Fun Facts
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1. Oren Schauble has a master list of successful videos from different brands, which includes quirky elements like factory tours and unboxing events, illustrating that an unconventional approach can sometimes lead to significant success. 2. Oren's experience spans an incredibly diverse range of industries, from fashion and high-tech to consumer drones and DTC cannabis companies demonstrating a unique versatility and adaptability. 3. For a source of packaging vendors, Schauble suggests using the Import Yeti to search for brands' customs records, showcasing that sometimes one needs to think outside the box to find valuable business information.

📓 Blog Post
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Title: Going from Product Idea to Market launch: Insights from Oren Schauble Subheader: Familiarizing with the Product Lifecycle and Maximizing Successful Market Penetration **Product Sourcing and Sampling** Oren Schauble kickstarts the conversation about going from product idea to market by explaining the product sourcing and sampling process which might take around 90 days. Platforms such as Alibaba can be an invaluable resource for sourcing suppliers overseas. When contacting suppliers, Oren recommends a direct approach to factories for detailed negotiations. **From Validation to Building Your Brand** Preselling and email marketing are valuable tactics for validation and building an audience. Leveraging preselling for established brands and products with a loyal customer base, alongside email marketing, can generate a valuable captive audience. As Oren emphasizes, it's significant to balance between paid advertising and organic reach for product validation. Furthermore, investing in organic video content on platforms like TikTok, Reels, and YouTube can also assist in validation. **Transforming Dropshipping into a Branded Business** Oren draws a clear distinction between drop shipping and building a brand, with an inclination to the latter for long-term success and value. While drop shipping can be a rapid way of testing the market's acceptance of your product, he suggests that focus should be placed on developing your own products and brands. **The Launch Strategy** Applying mixed methodologies to product launch can create a comprehensive strategy that maximizes potentials. Organic content such as videos, partnerships with smaller retailers for validation and feedback, should be part of the arsenal. While validating selling channels on a small scale, Oren advises a focus on the ones that show promise. **Understanding and Growing Your Customer Base** Fostering relationships with customers and truly understanding their needs forms the bedrock of any successful business. Increasing customer lifetime value (LTV) directly boosts the business's worth. SEO can provide substantial value to eCommerce, requiring a deep understanding of keyword difficulty, domain authority, and backlinks. **Mindset, Persistence, and Patience** Ramon Berrios and Oren Schauble underline the importance of staying positive and resilient throughout these processes. Oren advises us to embrace the journey, not allowing setbacks to be a deterrent. He credits his achievements to maintaining this mindset and the unwavering belief in success. **Community and Growth** Remaining connected with peers undergoing a similar process can create an atmosphere of inspiration and motivation. Oren firmly comments that reaching the seven-figure threshold is achievable with a well-planned cash flow and careful inventory investment. In conclusion, creating a successful brand requires a blend of multiple strategies such as consistent content creation, retailer collaboration, different channel explorations, and engaging customer experience strategies (think creative packaging!). Building a brand but equally focusing on organic reach and audience-building, should lead to sustained success. Generator shifts also present exciting opportunities to adapt products and strategies to cater to specific age requirements. Remember, persistence, planning, and positivity are prerequisites along this exciting entrepreneurial journey!

🎤 Voiceover Script
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In this riveting episode with Oren Schauble, we dive into the art of going from a product idea to market. We explore crucial insights, such as using email marketing for validation, leverage platforms like Alibaba for sourcing, using platforms like TikTok for product validation, and the value of buying existing businesses for growth. We delve into the contrast between drop shipping and brand building, stressing the long-term value of developing your own brands. And of course, we underline the importance of connecting with your audience via organic content and tailoring to shifts in generational needs. Join us on DTC POD for these nuggets of wisdom and much more!

🔘 Best Practices Guide
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Establish a presale system for your product and use email marketing for validation and audience building. Consider posting various videos about your product on social platforms for additional validation. Organic audience building and paid advertising are both essential. Seek to acquire existing businesses or eCommerce stores for growth. Ensure you provide a comprehensive experience for your customers, from sharing the product development process on social media to creating engaging packaging. In terms of sourcing, consider platforms like Alibaba and services like Pietra. Test out different channels for selling, including Direct-to-Consumer, retail, and Amazon. Be patient and always aim to increase customer lifetime value through building relationships. Consider investing in SEO, but understand it requires time and effort. Always be open to learning from others through courses, master classes, and reaching out to other creators.

🎆 Social Carousel: Do's/Don'ts
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Slide 1: [Cover] "From Idea to Market: 10 Effective Strategies You Need to Know" Slide 2: [Title] "Generic Dropship" - Instead: Develop differentiated products for long-term brand value and successful marketing. Slide 3: [Title] "Single Platform" - Instead: Utilize various organic channels like TikTok, YouTube, and Reels to validate and promote your products. Slide 4: [Title] "Rely On Ads" - Instead: Capitalize on best-performing organic content and customer feedback to create compelling ads. Slide 5: [Title] "One-off Promotion" - Instead: Confirm your product's appeal through multiple retail channels and focus on those that succeed. Slide 6: [Title] "Product Fixation" - Instead: Understand the importance of packaging for a holistic customer experience and in promoting your brand organically. Slide 7: [Title] "Ignore SEO" - Instead: Invest time and effort into understanding keyword difficulty, domain authority and backlinks for optimal SEO. Slide 8: [Title] "Self-financing Only" - Instead: Consider financing and selling digital products for scaling up inventory, when cash flow is right. Slide 9: [Title] "Algorithm Obsession" - Instead: Prioritize building genuine customer relationships and understanding their needs to increase customer LTV. Slide 10: [Title] "Isolated Hustle" - Instead: Connect with entrepreneurs on the same voyage via online communities, support groups or relevant courses.

🎠 Social Carousel
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1. Cover Slide: "10 Product Launch Tips Every Entrepreneur Needs To Know" 2. "Presell Products" Leverage loyal customers' base for validation and initial success. 3. "Try Email Marketing" Use this invaluable tool for audience building and product validation. 4. "Use Video Variations" Post different videos on platforms like TikTok, Reels, YouTube for product validation. 5. "Consider Acquisitions" Buy an existing business for quicker validation and growth. 6. "Daily Content Creation" Generate daily content, turn top organic material into ads. 7. "Involve Customers" Ask customers for videos promoting the product. Helps extend reach and validates product. 8."Master One Skill" Excel in one promotional method, then expand. 9. "Validate All Channels" DTC, retail, Amazon- test all, focus on the most successful. 10. "Understand SEO" Invest time to learn SEO, long-term channel for ecommerce success. 11. "Reach Out" Don’t shy away from contacting experts, creators. They can provide valuable guidance. Call to Action: Don't forget to follow DTC POD for more insights from product launch pros! Tune in every week for actionable advice and expert interviews. #DTCPOD #ProductLaunchTips #Entrepreneurship

One Off Tweets
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1. Email marketing is a gold mine for validation. Don't overlook it when creating your audience. Your biggest fans may be sitting in your inbox right now. 2. Don't underestimate the power of video content. Variations on platforms like TikTok and YouTube can give you insight on product validation. 3. Want to hit a home run in product development? Try buying existing businesses or e-commerce stores. In today's market, buying audiences isn't fiction. 4. Think of your brand story as a captivating novel. Involve your audience in the making process, give them the factory tour, show them the unboxing. Create the suspense they crave. 5. Automation isn't your enemy, it's your friend. Let non-influencers or interns generate content. You'll be amazed by the creativity influx. 6. Don't cut corners in the sourcing and sampling process. It takes around 90 days. So, be patient. Your investment will pay off in quality and trust. 7. Make it an epic quest - from having an idea to unboxing your finished product. Share your journey, build an audience, pull back the curtain on the process. That's what creates brand loyalty. 8. Passion for what you're doing is essential. Love the building process and don’t let setbacks deter you. After all, resilience is what separates craziness from greatness. 9. Diversify your retail channels. DTC, independent retailers, Amazon—there's more than one way to reach your customer. Keep testing until you find your sweet spot. 10. Seven figures aren’t a dream, they're achievable. Invest in inventory, harness the power of SEO, differentiate your products. The world is your marketplace - use it.

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