Qualities to Look for in the Ideal Cosmetic Products Manufacturer
One of the most important decisions beauty brand leaders can make is choosing their cosmetic products manufacturer. But when it comes to manufacturers, it’s important to remember that it’s not one-size-fits-all. For example, if your brand is relatively new but wants to undergo a product scale-up, you would need to keep that goal top of mind when looking for a manufacturer. On the other hand, if you’re an established brand that wants to expand distribution and product offerings, you’ll need to choose a manufacturer to support that — and that might mean someone totally different. To get the best results, brands have to find the right fit for their beauty manufacturing solutions, but you may run into a few industry-wide challenges that complicate the equation. For example, almost a third of premium cosmetic outlets closed as a result of the pandemic, and now industry distributors are now struggling to rebound with their products in 2022. Additionally, young consumers are trying to save money at every turn, and as a result, beauty brands are now competing with mass retailers, such as Walmart, Walgreens, Target, and CVS. These trends highlight the need for beauty brands to partner with manufacturers who can offer a steady partnership and help their […]
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