This is part 1 of a 2 part blog post. One of my Inner Circle clients asked this questions so I thought that I would answer it for everyone. Is private labeling a product a good choice for my business? How far can I actually take private label products to market? Can I sell on big box retailer's shelves? And my answer: Private label is a fantastic choice and whether it's the right choice depends on a few things: It depends on your end goal for retailing. If you are selling on Amazon, ... Read More
The Answer Is No
Can you believe that 2nd quarter is almost here? How did you do on your 1st Quarter goals? Did you crush them? Are you happy with your results? Did you get some things accomplished but not all of your goals? Examine what went right and what went wrong and course correct for Q2. If everything was great, congrats! If you didn't hit your goals- it's not too late! I'd like to issue you a challenge. Not a three month challenge but a one month challenge. For the next 30 days of April I want you ... Read More
Getting Prepared For the Holiday Season
Some of you may have noticed that it's September 9th and Halloween items are on the shelves. Yikes! Most people don't realize that the entire selling season is mapped out a year in advanced. That's right, buyers are making decision on Valentines and summer time inventory now. How can you use this for your business? By planning ahead! Now is the busiest time in the health and beauty industry. September through January is when most people make a majority of their sales but, unfortunately ... Read More
Remarkable Results Happen When You Focus
I wanted to congratulate LaShondra White on her accomplishment. She stuck to the July Focus Challenge and got her product out! Go say congrats and give her some love! How awesome! See her press release here. Focus. Commit. Get the assistance that you need in whatever stage of the process that you are in and knock your goals out of the park! It's a new month, time to set some new goals and knock them out! It's all possible! ... Read More
3 Reasons Why Private Label May Not Be The Best Option For You
Shocking, I know that I made the statement that private label may not be the best option, but hear me out. There are times when private label is a great choice, and then there are times when your business or marketplace requires a different or custom product. 3 Reasons Why Private Label May Not Be the Best Option For You 1. You're a leader in the market place. Once you hit a certain level of success people (competitors) begin to notice. If you are using a private label product, they ... Read More
Ask Melody: Do Private Labeling or Manufacturing Companies Go Out of Business?
Ask Melody: Have you ever come across any private labeling or manufacturing companies going out of business on their clients? This is my biggest fear. Say I was doing private labeling with a company for over 5 years and now they are going out of business, now I can't fill my orders? - Lavon Answer: Dear Lavon, Thank you for the question. I do occasionally see situations where either a manufacturer has gone out of business, changed ownership or discontinued the product that you are ... Read More
Want to Build Something Amazing? Start With The End In Mind First
One of the biggest secrets of building a successful product line is to start with the end in mind. When you can create a clear vision of what the entire line looks like done, it helps to keep your mind on track as you develop the details of the brand. Using these tips and strategy will help you see the BIG picture. This simple step does two things for you: Get’s the line out on paper and it allows you to create a budget. Putting the line on paper: Write down the products in the ... Read More
3 Easy Tips To Create Your Private Label Product
What if I told you that making your own product line was actually easy? It is easy with the right information and strategy in place, you can create a line easily and painless (true story). Let me share with you 3 easy ways to create your own private label product line. Tip #1: Identify the top 3 products that you want to create. You need at three just in case you can't actually find the supplier for them but no more than 5 products. Many business owners want to start with a complete ... Read More
What Is The Most Profitable Strategy For Creating a Product?
Ask Melody Dear Melody, I love all of your helpful posts. Can you tell me what is the difference in profit between private label, custom manufacturing and making your products at home? Thanks, ~Amy Amy, thanks for following on Facebook! This is a question that many readers ask me. Let me explain the difference in profit on each method of creating your own brand so that you can decide which is the best strategy for you to create your product line. The Cost Involved In Private Labeling a ... Read More
Tuesday Trainings Are Back!
We are back! I'm bringing back the monthly Tuesday Training! Join me for the first one of 2104 on Tuesday, January 21st 2014 at 7pm. Here is the call info: What It Takes To Start Your Own Product Line Date: Tuesday, January 21st Time: 7:00pm Central/8:00pm ET 2 Ways to Attend: On the Web: http://InstantTeleseminar.com/?eventID=50437641 Phone Number (425) 440-5100 Pin Code: 886419# ... Read More