Manufacturing costs can be quite a challenge for first-time sellers on Amazon especially if you are not hiring an Amazon FBA launch service. Because you are just starting, reducing production or manufacturing expenses may be hard. Because your business is still in the initial process of growth, you cannot just walk up to a manufacturer and say that you will only order from him, provided he sells the products you request exclusively to your company.
Given that you do not have this kind of leverage, yet, there are practical ways that you can do to reduce your expenses. In this video, Nic Co III, co-founder of Seller Interactive, shares essential pieces of advice focused on how you can leverage costs better when you have a good working relationship with your manufacturer.
With this, you must choose your manufacturers wisely regardless of whether they are from the stateside or overseas. The trust you build during your correspondence with them serves as one of the vital foundations of your business. Here are some essential pointers you should take note of:
So if you have multiple products that you get from only one manufacturer, your invoice will increase.
Do you want to know more about finding reliable manufacturers and establishing a good business relationship with them? Drop us a line and ask about our FREE CONSULTATION. Email Jayce at [email protected] today.
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