Private labels are the reason many shoppers choose particular retailers; 66% said that if they like a retailer, they generally assume they will also have good store brand products. A private label brand, also known as a “store brand,” is simply a product manufactured by one company and sold under another company’s brand. Private label brands were initially introduced as a lower-price alternative to a national brand, the difference in price being sufficient to induce some purchasers to stock such products, despite a perceived difference in quality.
Even when manufacturing costs are higher than a national brand, generally due to the difference in the quantity produced, the savings in marketing costs allow retailers to simultaneously sell the product at a lower retail price and make a higher gross margin on sales.
Amazon FBA sellers are welcome too!
|Country of Origin||Vietnam|
|Shipment Terms||FOB Singapore|
|Price Includes||Label printing, Amber plastic jar (7.1×3.1cm)|$12,000.00