Create Your Own Olive Oil Line Through Private Labelling

The hype on extra virgin olive oil is real and there’s no sign of it dying down.

As media spurs news about the so-called super food, more and more people are becoming aware of its capacity when it comes to cooking and health.

Aside from the fact that it smells good and tastes delicious, olive oil has a lot of notable health benefits. For one thing, it has anti-inflammatory properties, prevents stroke, and is rich in antioxidants. It can even alleviate the onset of chronic diseases like cancer, diabetes and prevents heart failures.

Right now, more and more studies are being done about it, further proving its healing power. Truly, it is considered one of the important foods nowadays, thus many people are also stimulated to start venturing into business. So how can you start earning through it?

One of the most effective ways to start your this business is to look for a private label olive supplier.

What is a Private Label?

Basically, private label is a marketing strategy that is ideal for those who want to create their own line of product.

By doing so, you can put your own logo, design, and branding. Also, you can control your own pricing, production, and all sorts of other modifications you might want.

It is also cost effective and much cheaper compared to those branded ones. This is a significant advantage for those who are still fresh in the industry. Cheaper prices can potentially lead to a higher profit margin.

Who Can Do Private Labelling?

Basically, anyone who loves doing business and has the passion when it comes to olive oil but doesn’t have the capacity to produce their own that can do private labelling.

There are numerous ways to use it so if you are creative enough you can definitely start your own product line.

Here are some examples:

Hotel

Most hotels use olive oil soap and shampoo in their hotel amenity lines. Luxury hotels also use it as skin essentials as well.

Gift Shops

Extra Virgin Olive oil sets make perfect gifts for those who are health enthusiasts or anyone who loves cooking. Since Biblical times, olives have held a high symbolic meaning and have even been called gold liquid. Moreover, it is a unique gift as well.

Restaurants

Restaurants are the biggest potential market when it comes to private labelled olive oil for obvious reasons. By creating their own product line of it, they do not only add potential income, they are also spreading awareness about their restaurant.

If done right, and in partnership with the right private label olive oil supplier, owning a brand of olive oil can be easily attainable.

Top 3 Things You Should Do Before Choosing Your Private Label Olive Oil Supplier

There are many reasons why people are ecstatic about creating their own product line of olive oil.

One reason is its growing market. As people become more aware of the benefits brought by it, the demand is steadily increasing. The fact that you can find olive oil as an ingredient in almost any healthy product, any entrepreneur would really be tempted to join the industry.

Another reason is passion. Health gurus and beauty bloggers are just a few of the people who love olive oil, and incorporating their passion into their business is never a bad idea, right?

So before you start choosing and calling your private label olive oil supplier, here are the top three most important things you should do first:

Study the Market

Regardless if you already own a business or are just starting up, you should study first your target marketplace.

Who would possibly buy it? Can your market afford to purchase extra virgin olive oil? The best customers are those who won’t mind paying a high price as long as the product is worth it. But this is not the only factor you should consider.

Price Competition

Knowing the current prices on the market will serve as your guideline in choosing the right supplier in terms of the pricing of bulk orders.

You can also determine how much profit you can gain, and how competitive you can be in the market. More importantly, since you are creating a privately labeled line, make sure that your price can compete with the branded ones.

Qualify the Suppliers

Truth is, the olive oil industry is quite a small niche, so you will want your product to stand out.

Basically, you can really stand out if you choose the right packaging. Packaging includes the style of the bottle, how much of it you want in a single bottle, and also, the creativeness of the whole packaging concept.

But the question is, can the manufacturer achieve this kind of packaging?

There are a lot of suppliers, but if you think that you can just pick the right one up easily, think again. The right supplier should, above all, catch up on your vision for your products.

For example, the best private label olive oil supplier are those who have sample packages ready but also welcomes their clients’ ideas and desired characteristics. There are even companies that will send a virtual sample for their clients to see how their order will look like. This kind of flexibility gives ultimate freedom for the clients to own their product.

Everybody loves the idea of venturing into the business world, and olive oil is a great product because it is sellable, marketable, and is hot in the market.

However, the roadmap to any venture is not that easy. No matter the how high the hype is, it will still take a lot of research, study, budget planning, and most importantly, the right partner.

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