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Why Was Selling Instant Pot on Amazon the Winning Strategy

at 6:03

From the episode: Instant Pot CEO Robert Wang on how his small pressure cooker company cultivated a rabid community of "Potheads."

Robert tried different marketplaces for selling his Instant Pot. eBay buyers were looking for bargain, so that wasn't a good long-term opportunity. Meanwhile Amazon had a massive scale, and was ready for a premium product.

Using Amazon, Instant Pot got national, and sometimes even international coverage, which was great for business. All the attention also drove lots of customer feedback, which they quickly implement back into the product, shipping a new version of Instant Pot every 12-18 months.

Get Together · Instant Pot CEO Robert Wang on how his small pressure cooker company cultivated a rabid community of "Potheads." · at 6:03 · ·Transcript

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