Private label, white label, or store label are exclusive labels that a particular store owns.
They are the packaging and brand names specific to a particular store. For example, include Walmart’s “Great Value” Costco’s “Kirkland” brand, and “Life Brand”, available at Shoppers Drug Mart.
Beauty industry, Contract manufacturer who produces beauty personal care line that can sold under customer's own spa/salon name.
Customer specifies about the product such as formula, package, and label. When you have a business to run, creating a product can be time consuming and costly. However selling a "Quick Ship Item", that can eliminate the process that requires formulation, design, filling, bottling, testing, and Labeling.
Here's the advantages of private label
You are interested in filling your shop shelves with products featuring your own brand name?
here are some good reasons. Some of the biggest advantages of private label products include:
- Brand Loyalty- consumers staying loyal to your store because they know that is the only place they can find
- Control over pricing - you can determine product cost and profitable pricing.
- Adaptability- Smaller retailers have the ability to move quickly to get a private label product in production in response to rising market demand for a new feature, while larger companies might not be interested in a niche product.
- Control over branding- Private label products bear the brand name and packaging design created by the retailer.