I have some serious questions for you?
Ok soooo do you love fitness? Are you a personal trainer? Are you just a fitness enthusiast? Do you workout constantly and it’s not a problem for you to get down and give me twenty at any given moment? Well if you fall into these characteristics then starting a supplement brand Is for you.
How Much Money Can You Make Starting A Supplement Brand
Is starting a supplement brand worth it financially though. Is it going to make you a bunch of money? Well the average supplement brand can pull in upwards of 6 figures if the business is marketed right.
The average supplement brand can make $100,000 per year in income. The industry’s average profit margin is around 38 percent. Maintain a consistent profit margin, as source product costs can easily cut into your store’s profits
The Different Ways To Start A Supplement Brand
Now there are a few ways to start a supplement brand. You can literally do it on your own. You can source all the ingredients your self. You can find your own manufacture and set up a supply chain of products.
You can find a supplement company that has an affiliate program and you will make a percentage off of the sales that come through your coded affiliate link.
There is a good and bad to this business model. The good is that you don’t actually make the product so there is no up front cost. You don’t have to pay for any customer service or logistic issues with product.
The bad is that you don’t deal with the product at all. So you don’t make much money off of sales. You’re just making someone else’s brand more popular by you marketing it.
Start A Supplement Brand With Zero Start Up cost
So how do you make your own supplement brand without dealing with such a big investment of money? You sign up Supliful.com and it’s free to sign up by the way
Step 1 You choose a product
There are 100 plus nutritionist
Tested products to craft your personal offering
Step 2 Customize The Look Of Your Supplement Brand
Use your own brand logo and colors for the product packaging.
Step 3 Add Your Own Mark Up Price
It’s your product so you decide how much you will sell it for.
Step 4 Install The App
You can install the app on your Shopify store and publish products to your storefront with your markup price. It’s that simple.
If you don’t have a Shopify store you will need to add the products manually to your website. They say on average it takes a new user only 4 hours to create products and start selling risk free.
Compared to 1 year of researching products and vetting distribution for the products. Plus any type of supply chain issues. You compare the two. And who knows, it might take you longer than a year to get started.
It’s a lot of different variables that your going to come a cross when starting a business like this. This is why starting a private label rights type of supplement brand is the winning formula for starting this business.
It’s less risk involved and you get to test the world of selling a product without risking so much money up front. For those who want to get signed up now and don’t need to keep wondering ff they should do it or not then click the link below and get started today.
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