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MOQ – How To Get Lower Minimum Order Quantities With Suppliers

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When it comes to manufacturing your own private label products, you are likely to come across the term MOQ. MOQ stands for minimum order quantity and it’s the least amount of product that a manufacturer is willing to produce for you per production run.
Why do manufacturers have a MOQ (Minimum Order Quantity)?
When it comes to working with factories, it doesn’t make sense for a manufacturer to produce items for you unless they can make a decent profit on the transaction.
If you think about a factory as an assembly line, it’s not cost effective for a manufacturer to create a brand new process for your product unless you can exceed a certain volume threshold.
After all, manufacturers must bear the large upfront costs of training, machinery and tooling.
Making money with private label products is all about scale and you have to be willing to meet a factory’s MOQ in order to …

The post MOQ – How To Get Lower Minimum Order Quantities With Suppliers appeared first on copy trading crypto.

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