Posted by Alimar Private Label on 7/21/2014 to
Education
Private label isn't the perfect strategy for everyone, but it could be the right strategy for you if any of the following applies to your situation:
- You are unable by choice or law to manufacture
- You may not possess the skills to manufacture what you need
- You may live in a location where it is illegal to manufacture in your home
- You may not want to manufacture in your home, but perhaps cannot afford a manufacturing space
- Unable to keep up with demand
- You cannot manufacture product fast enough to fulfill orders
- Need to focus on other avenues of business
- You need to focus on sales, marketing, web-design or any other aspect of your business
- Want to expand product line quickly
- You want to add to your product line without having to develop a new product yourself
- Space constraints
- You do not have enough space in which to manufacture
- You have a retail space with limited manufacturing space
- Time constraints
- You do not have enough time to manufacture
- You do not have enough time to meet lead times
- Need to ramp up production
- You need to fulfill a large quantity of product quickly