There are 3 ways to create a product: 1. Custom or from scratch or taking a handmade product to a manufacturer 2. Re-engineering and improving on a current product on the market 3. Private label - taking a manufacturer's stock product and putting your label on it. In theory, all three of them are simple. Many times, people are wondering if creating their own custom formulations may be out of reach (often times it's not). Or taking their handmade product to a manufacturer ... Read More
7 Questions You Must Ask a Contract Manufacturer When You Get Ready to Private Label
Here 7 questions that you must be sure to ask the manufacturer when you are looking at working on a project. Whether that product is private label or custom formulation or custom product development: 1. What is the process of working together? 2. What are your minimums orders? 3. What is the time frame from the order date to the delivery? 4. What are your payment terms? 5. What is the time frame from the order date to the delivery? 6. Who owns the formula or idea if you are doing a product? 7. ... Read More
My 2 Cents on Hot Tot and Shark Tank
Just finished watching Shark Tank and the the presentation by Megan Gage. What an adorable little boy! And I love the reasons as to why she made the product. As a mom that suffers with a variety of allergies and works in the cosmetic industry I know all too well the benefits of using healthy, non toxic products. I wanted to offer a word of advise to Mark Cuban and Megan as they start this adventure: 1. Take expert advice. Lori Greiner's advice and repackage the product. Seriously. There ... Read More
Life is Too Short Not to Follow Your Dreams
Four years ago, I was diagnosed with life threatening allergies to dairy. It was a devastating diagnosis. You would not believe how many items contain dairy, that's all milk, cheeses, ice cream, wines (casein), most restaurants, but the biggest loss was chocolate. The idea of never being able to eat a chocolate bar again was a horrible feeling. After about 6 months of whining (and still occasionally when I see cheese pizza), I decided to take action. First, I googled all the dairy free ... Read More
How to Protect Yourself When You Private Label
A reader asked me this question so I thought I'd answer it for everyone. He said, "I'm wanting to start a private label project but not sure how to protect myself. Will the manufacturer steal my ideas?" That's a common concern. Many business people in the game are worried that if they share their ideas with anyone else that person will steal and they will be left with nothing. Here are 3 solid tips on how to protect yourself when starting a private label program. Tip #1: Sign an ... Read More
Yeah, But Who Owns The Formula?
This week I had a question from a reader and it goes: Hi Melody, I spent 3 years developing a formula with an ingredient list that I love. Researched all the ingredients down to the last benefit of each ingredient. I took it to a lab, they made samples, we went to market and three years later I wanted to switch labs only to find out out that they said they owned the formula and wanted ME to pay them 5K. I was shocked! The formula was all my idea and I assumed I owned the formula, ... Read More
Following Your Dreams: A Step-by-Step Guide
Daily I have the privilege of speaking to would be business owners, people that make their products by hand in their homes, some with small but growing business and a few who are doing well and looking to grow to the next level. Regardless of your current position whether a start up or thinking of starting up, we all have a dream. Maybe your dream was to create a product to help kids with cancer. Maybe it was to target a market and make lots of money to put your kids through college. I'm going ... Read More
Make 2012 Your Year to Launch Your Private Label Brand
Make 2012 your year to launch your private label brand! You have been promising yourself to do it, maybe even put it on your goals or to do list. My advise is do it now! Pick up the phone, start researching your companies, get that product to market! What are you waiting for? Private Label Insider (PLI) is a fantastic resource for all of your private label brand needs. We are here to help, support and help you launch the brand of your dreams! ... Read More
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