Business Economics Larissa Nichele Business Economics Larissa Nichele

Product First or Audience First?

Pip & Nut and All Things Butter spotted the same kind of gap in the food market — and validated it in completely opposite sequences. One sold peanut butter from a weekend stall in 2013. The other built a million-follower TikTok audience before the product existed. Here's how to tell which route fits your product business.

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Business Economics, Product Development Larissa Nichele Business Economics, Product Development Larissa Nichele

Your Product Isn't Too Expensive. Your Customer Doesn't Want It Enough.

Nobody needs a £38 ceramic bowl. But desire isn't about need — it's about the weight in your hands, the uneven glaze, the feeling that this one was made by a person. Most product businesses reach for the cost sheet when something doesn't sell. The real problem is almost always somewhere else.

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Larissa Nichele Larissa Nichele

“Can We Make It Cheaper?”

"Can we make it cheaper?" is never really about cost. It's about what changes when the price drops — and whether the product still works when you've changed it. Here's what that looks like in practice.

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Business Economics Larissa Nichele Business Economics Larissa Nichele

Nobody Needs Your Candle

Nobody needs a £28 candle. And yet entire industries are built on products people want but don't need. Most business advice doesn't distinguish between need-based and desire-based businesses — and that's where founders get stuck. Here's the validation framework that actually works.

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The Spreadsheet That Said Everything Was Fine

I added five numbers to my 2023 product range spreadsheet and asked Claude what the maximum revenue could have been at launch. The answer was £161. The spreadsheet had nine sheets. None of them flagged a problem — because the most important data wasn't there to find.

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The Questions to Ask When You Source a Manufacturer

My husband needed 200 custom rulers. I had no idea how to source 3D printing. After years briefing manufacturers for fashion and products, I was hesitating before sending that first email. Here's what being out of my depth taught me about asking better questions - and the 6-question email template that works for any product, any manufacturer.

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