To find potential private label partners, look for a "private label" on the Internet, and you`ll find hundreds of companies that will market private label products of dozens of types. Also check out the Private Label Manufacturers Association, which organizes fairs and provides information to potential manufacturers of private labels. How do you want a large company to sell your product under its own label? It couldn`t be as hard as you think. While licensing seems to be a good option for inventors and entrepreneurs, the landing is that licensing contracts remain difficult to obtain for many, but private label agreements can be almost as beneficial and are much easier to develop. 3. Terms of termination of the agreement: The failure of one of the parties to perform is generally grounds for termination of the agreement. Before you go to a company for a private labeling contract, make sure you`ve done these five steps: 5th price protection measure: the customer can indicate that you can`t charge it more than you charge another private label customer. Companies that buy own-brand products are generally not too concerned about your patent status. However, they run the risk that the company will choose to manufacture the product or that a competitor will quickly introduce the same product. If you have enough money, you can apply for a patent before contacting the company. If your money is limited and you want to apply for a utility model, you can apply for a provisional patent that will give you a one-year margin until you have to apply for a utility model.
Note, however, that you cannot patent your product if you wait more than a year to apply for your utility model. If you turn to a company with a private label proposal, you show them that their target customers love and need your product. This can be demonstrated by surveys of potential customers or interviews or letters of support from influential users. A number of the terms of the agreement allow users to be flexible and free to define the essential elements of the contract, such as the specifications. B, packaging design, manufacturing processes, customer support systems, orders, prices and product warranties.