While I know this industry offers considerable profits, setting up a factory initially presents significant risks, and formula testing is incredibly lengthy.
Choosing OEM/ODM
First: The initial investment is low, primarily used for promotion and platform development.
Cosmetics ODM/OEM is a win-win situation for both parties. Brands should carefully position themselves and select a cosmetics manufacturer based on their needs.
However, choosing a competent and reliable cosmetics ODM/OEM manufacturer is crucial.
Second: Ready-made formulas, many of which have been market-tested, are safer, more reliable, and more efficient.
The cosmetics ODM/OEM industry is now relatively mature.
Professional cosmetics ODM/OEM factories offer a comprehensive service process integrating customization, R&D, production, and marketing.
Third: Save money and time upfront.
The strong R&D capabilities of cosmetics ODM/OEM factories can help brands reduce their initial R&D costs and save time and effort, allowing them to focus more on marketing.
Fourth: Leave professional matters to professionals.
Simply state your requirements, saving you much of the initial effort.