1. You Can Test Products Without Investing Too Much Money
If you’re trying to find new products to sell, you want to order small batches with a low minimum supplement manufacturer. A low minimum private label manufacturer offers a more cost effective way to figuring out what products sell. Testing different products with regular private label supplement manufacturers will end up costing a small fortune due to the high minimum orders. By avoiding high minimum private label supplement manufacturers, you can keep your costs down during market testing so that the money can be used in your advertising and marketing. Basically, a low minimum private label manufacturer will be vital in helping your business save as much money as possible.
2. Minimize the Risk of Not Selling Through
Working with private label supplement manufacturers that have low minimums will ensure that you’re not stuck with large orders that you can’t sell. On small orders, you may pay more per unit with a low minimum supplement manufacturer, but you’ll certainly pay a lot more if you go through with a big order and can’t sell through. If you’re unsure about which private label supplement manufacturers to do business with during the launch phase of your business, make sure choose with a low minimum private label manufacturer so that you can minimize your risks.
3. Avoid Problems With Big Batches
Private label supplement manufacturers can make mistakes with your order. And working with private label supplement manufacturers that require a large order can lead to severe financial consequences, especially if the contract and terms are bad. If you find problems with the product, your entire order will have to be thrown away or recalled at your expense. Sometimes it’s not even the private label supplement manufacturers that are responsible. Shipping couriers may make mistakes in handling the product during shipment. These problems can be avoided by going with a low minimum supplement manufacturer until you figure things out. Working with a low minimum private label manufacturer also gives you time to assess the reliability of the company before you commit to bigger orders.
4. Scale Your Business Quicker
A large part of growing your business is dependent on the private label supplement manufacturers you’ve chosen to work with. Working with private label supplement manufacturers that require large orders means that you have to turn over your inventory quickly so that you can access the cash flow necessary for your next advertising and marketing cycle. You shouldn’t let private label supplement manufacturers control how your business is run. Working with a low minimum supplement manufacturer will ensure that more of your cash flow is available to scale your business.
5. Keep Your Product Shelf Life Fresh
While there may be a few benefits of going with private label supplement manufacturers with high minimums (competitive pricing, reputation, contract terms, etc.), you still have to think about the shelf life of your products. The high minimum private label supplement manufacturers may not be a good choice if you’re selling products like fish oil. Even if you know you’ll be using up all of your inventory, it helps to supplement your orders with a low minimum private label manufacturer to ensure customers receive a product with a long shelf life. The low minimum private label manufacturer will take the stress away from managing the shelf life of larger orders.
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