• The Ups and Downs of Building a Product Business with Megan from Second Scout.

  • May 2 2024
  • Length: 40 mins
  • Podcast
The Ups and Downs of Building a Product Business with Megan from Second Scout.  By  cover art

The Ups and Downs of Building a Product Business with Megan from Second Scout.

  • Summary

  • What would you do if your factory closed down overnight? How would you cope?

    Megan from Second Scout is a guest on the podcast today and generously shares her journey and some of the ups and downs of having a product-based business.

    Last year, Megan went through a major down and we discuss how she was able to come back from it better than ever.

    If you ever start a product business, a good rule of thumb is to always be prepared. You never know when a stockist is going to pull away, a factory will shut down, or the market will shift.

    Listen to this week's episode to learn all about Megan and how she has created a product for kids that actually helps out adults too!

    We discuss the following:

    01:06 What is Second Scout?

    12:09 Second Scout’s supply chain issues

    19:57 Balance with retail and wholesale

    22:49 Advice for anyone starting out

    27:54 Megan’s experience with marketing

    35:44 What new products are coming to Second Scout?

    Shop all things Second Scout here.

    Follow Second Scout on Instagram here.

    I'm Mel Robbins! from @thelotco

    Register for my FREE webinar here https://www.thelotco.com/training

    And if you want a Roadmap to Building a Profitable Product Business head here for directions!

    Looking for specific help with Wholesale? Check out the Transform your Wholesale program

    Find more details at https://www.thelotco.com.au/

    Business Coach for product-based businesses. Teaching creative business women how to build a scalable and profitable million-dollar product business whether a physical Retail store or Brand.

    Over 25 years in Retail and Wholesale Sales and Marketing.

    Grab my 8 step checklist on building a profitable product business.

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