Do you want to start your own cosmetic product business? The cosmetic industry is growing at breakneck speed, making it a perfect time to bounce into this booming line. When you begin your business, keep these tips to guarantee you an effective dispatch and a sound company.
The first question that arises in mind about COST
What is the cost to manufacture a cosmetic product? In the cosmetic industry a very similar process of costing occurs like that of some other business launches. It 100% depends on your requirements, it starts from a very lower to a higher budget. Some important factors to keep in mind when considering budget include:
Product Cost:
The first thing that you need to consider is the product’s basic cost. Product by self has some of the basic cost based on chemical or component which we use. Product cost after that depends on the quantity and quality of the ingredient material. The final product cost also depends on product manufacturing batch size. If you are doing more bulk manufacturing then the pricing goes down and get the higher profit per product.
Manufacturer Cost
After the product basic cost then another cost is manufacturer development cost. Also, there will be an additional cost of the certificate and all legal documents. Here we can help you so no need to worry about your product licensing or certificate, you can do like manufactured by MORVIN INDIA and marketed by YOUR COMPANY NAME.
Promotional Cost
It’s very important nowadays that after creating a product and doing all the necessary paper work, we have to come up with marketing or advertisement of product. Nowadays there are many ways to promote your product like creating a website, digital marketing, and others.
THE PROCESS:
PRIVATE LABEL MANUFACTURING / CONTRACT MANUFACTURING/ THIRD PARTY MANUFACTURING
- CHOOSING YOUR PRODUCT
Picking the right products for your cosmetic business range could be a challenging task. In that part, our expert sales executives and other people can help you to suggest the products which demands in the market. They may ask you some questions and do some brainstorming process then suggest a list of products. - SELECTING YOUR PACKAGING
After Selecting the desired product to manufacture, then we require good packaging. We will be assigning one manager to help you on every stage of packaging design. We have an in-house packaging design team as well ,so they can ask a few questions to know your requirements and show some of the demo or visual parts so you can get the idea for the packaging design.
Also now a days a wide range of packaging designs are available in the online market, you can choose from there also. we will be happy to help you and try to arrange this kind of designs as per your requirement.
- BRAND IDENTITY ESTABLISHMENT
Now the important part, after we design and develop a product, now it’s your roles for making brand establishment. If
you require then we can be involved in this brand discussion. You have to choose a name and everything that the brand
matters.
4. DESIGNING YOUR PRODUCT PACKAGING
Once you finalize a brand then we need to develop a logo and setting up the product packaging design. We have to
choose the color and everything according to that and do some of the Mock-up so will see how the product looks after the
development and get clear & perfect ideas.
5. MARKETING AND SALES OF YOUR PRODUCT
Now you are ready to start selling your brand in the market. But our support is not completed yet, If you are new in this cosmetic business, our team of experts will give you all suggestions and guidelines for doing the better marketing and
selling the product. Be it our online ingredient database or our product brochures or even our educated skincare
professionals, we will help you with the necessary information that is required to make your business one of the most
booming businesses in the skincare market.
Although launching a new cosmetic line is not an easy venture, the right research and execution will put you on the road to success. Before you make any permanent decisions, it is vital that you layout your business plan and the steps that you plan to take in order to achieve success.
For more details on Private Label and getting started with us, you can contact us and our team will guide you.
you can reach us for the Cosmetic Third Party Manufacturer, manufacturing of cosmetic soaps, Medicated soaps, face wash, hair care products (oils, shampoo & serum) , fair night cream, day cream, anti-aging cream, fairness cream, whitening cream, baby care products, personal care products, ayurvedic(herbal) products, and many more.
Morvin India Health Care Private Limited
11 Changodar Ind. Estate II, Sarkhej-Bavla Highway, Changodar,
Ta:Sanand, Dist:Ahmedabad-382213