Once your company is registered and you have obtained Food Operator status, the next step is to define the product you plan to sell. It's crucial to carefully evaluate the following aspects:
Product Format Food supplements can be available in various forms, including:
- Capsules (gelatin or vegan)
- Pills
- Powders
- Liquids (syrups, solutions)
- Chewable lozenges or candies
- Sachets (containing powdered additives for dilution in water)
The choice of supplement form depends on the target audience, production capabilities, and market trends. For instance, capsules are often favored by those who prioritize convenience, while powders may be more suitable for sports nutrition.
Product Strategy At this stage, you need to choose one of three main strategies:
1) Development of Your Own Product – Private Label:This approach involves creating a unique supplement formula in collaboration with professional technologists and nutritionists. Developing your own product allows for greater control over quality and brand positioning. However, the product development, certification, and registration processes are complex and require a significant investment of time and financial resources.
2) Work According to the White Label System: The White Label approach enables you to market products under your own brand while utilizing existing formulas and production facilities from third-party companies. This method can facilitate a faster time to market, though it offers less control over product formulation.
3) Distribution of Finished Products: At the initial stage, becoming a distributor of existing products is the easiest and fastest option. This approach allows you to study the market, minimize risks, and gain experience in working with nutritional supplements. Distributing finished products does not involve a complex development and certification process; however, it may limit your opportunities for building your own brand.