It is essential for business owners to create a company that will stand out from the crowd. A lot of times, business owners are trying to find ways on how they can do so. One way you can help your company grow is by finding a good private label manufacturer. If you are not sure where to start looking or have no clue what this term means, then keep reading! We will go over everything you need to know about finding a good private label manufacturer and why it is important for your business.
Unique, Distinguished & Special
Businesses should be able to separate themselves from other companies in their industry through unique ideas, products, or services that set them apart from everyone else. This allows businesses to gain more recognition which leads them to gain more customers/clients as well
5 Tips before your meeting with a private label manufacturer
1. Consider your needs for the product
Regulations, MOQ & Costs
When looking for a private label manufacturer, it’s important to consider your needs for the product. What kind of product do you want to produce? What are the minimum order quantities? What is the turnaround time? What are the shipping costs?
These are all important factors to consider when choosing a private label manufacturer. You need to find a company who can produce the type of product you want, in the quantities you need, with a turnaround time that meets your needs, and at a price you can afford.
If you’re not sure what kind of product you want to produce, or what the minimum order quantity is, then you should speak with a private label manufacturer. They will be able to help you figure out what type.
2. Know what you want to sell
It’s important that you know the type of private label product you want to produce before contacting private label manufacturers. Private label manufacturers have specialities for different types of products, so it’s important to know what you’re looking for. It also helps private label manufacturers provide estimates for how much it will cost to produce your private label product because they can tell what materials are required and the minimum order quantity needed.
If you don’t know what private label products are available, speak with private label manufacturers about what they offer. They should be able to help you create a private label design, or figure out what private label product would work best for your needs.
|Food||MESTI, GMP, HACCP, ISO22000|
|Supplement||GMP (Supplement) – MAL|
|Traditional||GMP (Traditional) – MAL|
|Medical Device||ISO 13485|
Dont know what to sell?
Start with a problem statement then vision & mission for your brand.
Start with a competition analysis.
3. Set a budget
It’s important that private label manufacturers know that you have a budget when looking for private label products. If private label products are outside of your budget, then private label manufacturers will work with you to find a private label product within your price range. Most private label manufacturers have set minimum orders and prices for different types of private labels.
There may be private label products that suit your needs and don’t cost too much or private label products that suit your needs and they’ll be more than what you expect to pay. The decision is up to you!
Read more about margins here. This will help you determine what is the maximum cost your product can afford.
4. Start researching potential manufacturers
There are a lot of private label manufacturers out there, so it’s important to know what private label products they offer and how much they charge before picking one.
Speak with private label manufacturers about their private label products and price points so you can get a better idea of all the benefits of working with them.
Look for responsiveness & systems in place which ensures your enquiry and orders will be accounted for.
Ask about their lead times, scaling options as well as export support.
They should welcome your curious nature should be ready to answer any questions you may have.
5. Compare their prices, reviews, and timeframes for production
The private labels offered by private label manufactures vary in price and turnaround time for production. Before placing your deposit with the private label manufacturers, ask them about their private labels and their private label prices. This will help private label manufacturers set a price point for producing your private label product.
It is also a good idea to read private label manufacturer reviews before speaking with them. You can find these on sites like Google Reviews or Facebook Reviews. Finally, you should ask the private company about their lead time from the date of placing your order.
Furley Bioextracts Sdn. Bhd. is a 100% Malaysia grown & owned manufacturing company with ISO22000, ISO13485, HACCP and GMP certification. Our staff has 50 years combined experience, Furleybio can make your ideas a reality. From idea to prototype to finished product, ready-made or customised formula and packaging sourcing, we will assist you every step of the way.
For more information, contact Furleybio via email, [email protected]