types of private labeling
I know a woman that has a small home based business where she sells holistic, superfood based, handcrafted beauty products. She has a contract with a few Whole Foods stores and a spa. She’s open to wholesaling for private labeling and she has sent me the wholesale price sheet. I don’t have an existing business but I want to build one selling her products. What do you recommend for someone that doesn’t have a lot of money? Should I build a brand, logo and new packaging or use her packaging? I’m just not sure how to proceed. Eventually, I want to learn and create some products to add to the business. I feel productive being hands on. So in the beginning, maintaining and mailing the orders will work for me.
I’m basically in search of building a business and having passive income before retiring in 8 years. I need cost effective steps to start. I don’t want fear to turn me around.
Well, if you want to build your brand you’ll have to invest in logos, labeling, etc. to establish your name, not hers. There are inexpensive ways to go about that which we cover in our creative packaging articles on our ecommerce section. Plus, your supplier might have some less-costly ideas and ways to start with a very minimal investment. That, paired with an inexpensive WordPress/WooCommerce website and Square for payments — which is a free payment account that lets you also sell in-store or via mobile device at local markets and festivals is a good starting point. This should get you going in the right direction.