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Should I throw in the towel on my small product I'm selling or keep going? (alien.top)

submitted 11 months ago by internetquestions21@alien.top to c/entrepreneur@indiehackers.space

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A while back, maybe a year or two I made a small 3D printed product that was pretty much first to market. I started selling it on Etsy, I thought I might try and expand into retail but didn't have the drive to do so. I have only made about $350 in profit after cost of goods and other stuff.

The killer is that a national big name company created the same product as mine, when that happened my sales basically dried up. I don't have a patent, I decided in the beginning it wasn't worth it and accept the outcome.

I am almost out of stock, I'm trying to decide if I just say I have had my fun and move on or if I spend some more money to restock. It is neat when they sell, I hope people like them, and money is money. But it doesn't do much for me at the moment so just wanted to get some opinions from others.

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[–] Simple-Researcher893@alien.top 1 points 11 months ago

Never give up on sales, it’s a career that develops your skills

[–] Johnny_Rules@alien.top 1 points 11 months ago

You should try to upgade the product maybe there is room for improvement but before launch remember what you learned from the past experience!

[–] Hooner84@alien.top 1 points 11 months ago

You have a product first. I would move forward to something else. Try to find the customer first , then solve their problem with whatever product last.

[–] Savings-Initiative43@alien.top 1 points 11 months ago

Each level of growth is a new level of difficulty. Think about how much your heart is into it and how far you want to run

[–] graces-taylor12@alien.top 1 points 11 months ago

Don't be the guy who quits at halftime. Yeah, the bigwigs stole your thunder, but that's just round one. Reassess, rebrand, and relaunch.