I have 1 year inventory, what is my best bet?
I created an unique product but many copy-cats from China appeared cutting price to bottom. Now, with the tariff craze, I see they are discounting heavily (presumably to get some cash in an environment of reducing consumer spend).
I do not want to (and can not) compete on the race to the bottom. This is my side-gig so I am just happy to wait out.
For now, I have minimized ad-spend and just waiting it out. I have 1-year worth of inventory already in US.
What would you suggest? I do not want to price gouge, but what suggestions can you give me to make some decent profit with this situation? I would be happy to sell at pre-tariff prices with 30% ACOS.
submitted by /u/summer_glau08
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