You can start a business in two ways, one you manufacture products and sell your own products, and two, you procure products from manufacturer and supplier and sell them Selling your own manufactured products gives you full control, however, it’s not easy. From hiring staff to managing inventory and logistics, to become a manufacturer you need some big investment. Interestingly, a lot of big businesses started as a manufacturer. If you have a unique product idea and also the resources to manufacture, this model can make you big money. Would you consider launching your own product line?
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Should You Manufacture and Sell Your Own Products?
- Thread starter Nomad
- Start date
Medical-enthusiast
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- TM$
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There are many E-commerce store that have been into manufacturing business. However, those E-commerce stores are working at a larger scale. We must understand that manufacturing your own products require you to invest quite heavily in manufacturing business. You have to purchase machinery and you may also need to hire labour as well when it comes to starting a manufacturing business as an E-commerce store owner. These are some of the key aspects related to starting manufacturing business.