{"id":25750,"date":"2022-04-29T19:53:22","date_gmt":"2022-04-29T19:53:22","guid":{"rendered":"http:\/\/localhost\/wordpress\/?page_id=25750"},"modified":"2022-05-06T07:11:14","modified_gmt":"2022-05-06T07:11:14","slug":"private_label","status":"publish","type":"page","link":"http:\/\/localhost\/wordpress\/private_label\/","title":{"rendered":"Private Label"},"content":{"rendered":"\n
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Private labeling<\/h1>\n<\/div><\/div>\n\n\n\n

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You don\u2019t have to invest in product development to start selling products online. In fact, there are many e-commerce business models that allow you to sell merchandise without ever even touching the products themselves.<\/p>\n\n\n\n

Private labeling is one such business model. With private labeling, you work with a third-party manufacturer to create your own custom branded products. Private labeling is great for people and brands that already have established audiences and want to find a way to start generating passive income online via product sales.<\/p>\n\n\n\n

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Add your logo on any device and start selling<\/figcaption><\/figure><\/div>\n\n\n\n

WHAT IS PRIVATE LABELING AND HOW DOES IT WORK?<\/h2>\n\n\n\n

Private label products, similar to white label products, are goods created by one company to be sold and branded by another company. A business owner selling private label products is looking for a product they can put their own brand name on and sell as if it\u2019s their own. Clothing and cosmetics are common private label products, as are condiments sold in grocery stores.<\/p>\n\n\n\n

Total retail sales in the US for private label products hit $5.47 trillion in 2019 and are projected to hit $5.94 trillion in 2024, according to data from Statista. That\u2019s no surprise, considering you see private label products in most major retail stores.<\/p>\n\n\n\n

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Image source:<\/em> Statista<\/a><\/a><\/p>\n\n\n\n

Advantages of private labeling<\/strong><\/h3>\n\n\n\n

Private labeling has a number of advantages that span beyond simplifying the product development process. Some of those advantages include:<\/p>\n\n\n\n