White Label Solution..!! New success way in Business...!!!

Darshan4u By Darshan4u, 12th Aug 2014 | Follow this author | RSS Feed | Short URL http://nut.bz/32yqr06z/
Posted in Wikinut>Business>Sales & Marketing

Here I have mentioned so many benefits of white label solution implementation in business.!!!

Introduction

White Label solution is new word for so many business man at today, because this is new technology entered in market which becomes very famous because of so many strong points of White Label solution..

It refers to a product or service that is purchased by a reseller who rebrands the product or service to give the impression that the new owner created it. White label products are often produced via mass production.

These type's products are any product that is manufactured by one company and sold by another company that puts its own brand and model number on the product. For example, a majority of HP computer displays are manufactured by other companies, but have the HP brand along with HP's model number.

Its manufacturing is frequently used in popular electronic goods produced in higher quantities, such as TVs and DVD players. Also, several organizations have a sub-brand for their products. For instance, the exact same DVD player model is distributed by Dixons in the brand name Saisho and by Currys in the brand name Matsui, which are brand names solely used by those particular companies.

Why it is easier?

As a business owner, your first instinct may be to try do-it-yourself solutions. After all, that’s what decision is all about, right?

Not always. In some cases, building a proper customized solution from starting in an attempt to meet the exact specifications of your business can be a setup for failure. That’s because building your own solution can lead you to:


1. Reinvent the wheel, making mistakes that others before you have already made and mastered
2. Dramatically slow down your time to market, as you try to troubleshoot and increase your learning curve outside your core competency
3.Spend too much money developing tools and solutions that already exist in other formats
4. Miss out on resources and expertise in the specific space where you need a focused solution..

White label solutions work well for everything from cereal to tickets. Grocery stores sell cereal and other products with their own brand name at a discount to other brands. Similarly, ticket resellers can manage their ticket inventory more efficiently through a white label solution. This also increases distribution so that fans have more choice in where they can purchase tickets

Points to remeber..!!!

Here below are few points which are benefits for you while you are deliver white label solution:

1. Quick and easy to brand: White label solutions can offer advantages if you’re trying to think of ways to add new features to your business. White label solutions are generally fully integrated and ready-made, which makes branding very easy. As the reseller, you’ll be free from concerns about needing to spend time and money on research or development. You can add your own branding and identity, and get back to business.

2. Keeps your customers happier : Your customers have an end goal, and using a white label solution can give them a clear and simple path to reaching it. The extra months (or even years) that it takes to develop your own solution can force customers elsewhere for solutions. You can avoid this with a prepackaged solution that meets their needs immediately.
3. Save your time and money: Developing a solution from scratch takes a large amount of financial and human capital resources — not to mention time. While a custom solution may seem at the outset to be the best alternative, you may quickly find that the effort derails internal business processes and busts budgets. Even if you think you can build it yourself, it’s important to factor in time for marketing. Remember the time it takes for architecture, design, building, and testing the solution. If you require a fast deployment, cutting corners in any of these steps can leave you even further behind. When time is of the essence and you need to be speedy, investing in an existing solution may be more cost-effective in the end.

4. Allows you to focus on your business’s core competency: In many cases, the solutions that companies hope to build themselves fall far outside of their areas of expertise. It’s not smart to stretch your resources to do something that doesn’t fit within your core competencies. Be sure to look closely at the solution you need and compare it to your available resources to help you decide whether a white label solution would help you reach your goals more efficiently. Prepackaged solutions provide an opportunity to trust the experts in the specific space you are focused on, and avoid making the same mistakes that others have made before you.

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Tags

Business, Marketing, Solution, Success

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author avatar Darshan4u
Smart software Engineer

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