private label at a lower prices
i want to start a makeup line in my country which is located in center Africa (Congo), and I have been looking for a private label supplier with an affordable price, long story short all of them, their sale price is like 6$ for a foundation and if I want to sale it i will have to go higher in my price, while in my country that high because I’m trying to reach consumer of middle class and I wanted to have a foundation that can cost at least 5$, so for that I need a private label that can sale it to me at 2$. my question am I delude? I just want to know if my expectation is fitting with the reality?
With any new business it takes work and dedication. In your case it will take a lot of dedication! There are private labels in the world that will be willing to go much lower on their prices even as little as 50¢ per unit. These prices are generally saved for distributors that are buying in bulk and doing so on a regular basis. My suggestion to you is, when you find companies with the product that you’re looking for, talk to somebody inside that company. Don’t just look for good internet prices. Talking to people makes a huge difference in the prices we all pay. I hope something here is of help to you