Why this protein bar sold for 600M

Summary

  • When making a product, keep it simple. People can get overwhelmed with too many choices, like kids in a candy store.
  • Show people exactly what's inside your product. If they can easily understand it, they are more likely to buy it.
  • Helping consumers trust your product can lead to big success, like a company that sold for over $600 million in 2013.
  • Creating a shortcut for trust by being clear and straightforward can make your product stand out.

Video

How To Take Action

I would suggest starting with simplicity when creating a product or service. Keep your choices and features straightforward to avoid overwhelming your customers. Just like kids in a candy store, too many options can confuse people. Focus on what makes your product special and easy to choose.

A good way of doing this is by clearly showing what's inside your product. Whether through labels, descriptions, or presentations, make sure your customers can quickly and easily see what's included. This transparency helps them make decisions faster and feel more comfortable about buying.

To build trust with your consumers, keep everything clear and honest. This kind of straightforwardness is like a shortcut to gaining your customers' trust. Once people trust your product, they are much more likely to buy it, leading to greater success for your business. Remember the company that sold for over $600 million by merely being clear and simple? That could be you!

If you’re looking for low-cost, high-value strategies, focus on being honest and transparent with your customers. Don’t complicate things. Keep your product descriptions easy to understand, and make sure that your target audience can easily find essential information at a glance. This way, your product will stand out in a crowded marketplace, leading to increased sales and potential growth for your business or personal ventures.

Full Transcript

which bar would you buy this one or this one they're actually the same but this one here got sold for $600 million back in 2013 RX decided to create a bar that copied everyone else but here's the problem people have decision fatigue if you take a kid in a candy store there's too many options they don't know which one they want but if you make things simple like ARX decided to just show people what ingredients are in the bar make it simple it was an easy decision for people to just go pick that bar and purchase it that's what they got acquired for $600 plus million consumers crave a shortcut to trust so make it easy for them to buy

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