Saturday, November 28, 2015

5 Reasons To Consider Private Labeling

By Billy Genthner


Private labeling, for those unfamiliar with the terminology, occurs when a company places their own label on a product that was created by another company. If you think it sounds a bit strange to do so, consider how many products on the market are sold in this manner. Everything from food products to auto parts to wholesale electronic cigarettes and wholesale e-liquids are sold using private labeling. There are actually many reasons why private labeling can be a good option for your business.

1. You Can Build Up Your Brand Recognition

One of the reasons why people choose private labeling is because it provides the consumer with more opportunities to see your company's name. For instance, let's say you operate a vape shop and sell wholesale electronic cigarettes and wholesale e-liquids. You might sell many different brands of equipment and e-liquids, but imagine if you could sell e-liquids that featured your logo and store name.

Each customer that purchases one of your private label wholesale e-liquids will see your logo and store name every time they fill up their wholesale e-cigarette. Their friends and family also might see the label and all of this builds brand recognition. Brand recognition is one of a business owner's most powerful tools. If people like your "brand," they will come back to your store for more.

2. Private Labeling Can Be Less Expensive

You might be shocked to find out that private labeling is cheaper than buying a brand name product, but that's often a big reason why companies opt for private labels. Usually you can save at least 10% and perhaps more than 20% with private labeling, and this is true from products from cookies to wholesale e-liquids to cooking equipment and much more. Not only are you saving money, you are building up your brand name along the way.

3. Private Labeling Provides You With More Control

Anytime you purchase a brand name product, the company from which you buy sets the price and possibly has restrictions about how you can advertise that you are selling their product. Additionally, they might have other restrictions. On the flip side, a private label is your product. You can advertise any way you choose, display the product anyway you want and set the retail price. In addition, you also control the supply of your private label product. Where someone might be able to find Brand X wholesale e-liquids at 50 different vape shops, your private brand is exclusive to your store.

Your first step in the process is to find a company with a high-quality product that offers private labeling. In some cases, these companies also can develop the label for you. If you are searching for someone to provide you with wholesale e-liquids, there are some vape companies out there that offer private labeling and even will create custom flavor blends just for you.




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