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    Cosmetic Manufacturing Plan

    Uploaded by

    gracie koi
    The document outlines the steps to create a business plan for starting a cosmetics manufacturing business, including: 1) Defining the brand, target market, and goals. 2) Choosing an manufacturing strategy of either in-house or outsourcing. 3) Developing product formulations and packaging. 4) Determining warehousing, fulfillment, and distribution strategies. 5) Ensuring the proper equipment is sourced. 6) Planning marketing and sales strategies to reach the target audience identified in step 1.

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    Cosmetic Manufacturing Plan

    Uploaded by

    gracie koi
    160 views2 pages
    The document outlines the steps to create a business plan for starting a cosmetics manufacturing business, including: 1) Defining the brand, target market, and goals. 2) Choosing an manufacturing strategy of either in-house or outsourcing. 3) Developing product formulations and packaging. 4) Determining warehousing, fulfillment, and distribution strategies. 5) Ensuring the proper equipment is sourced. 6) Planning marketing and sales strategies to reach the target audience identified in step 1.

    Original Title

    COSMETIC MANUFACTURING PLAN

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    The document outlines the steps to create a business plan for starting a cosmetics manufacturing business, including: 1) Defining the brand, target market, and goals. 2) Choosing an manufacturing strategy of either in-house or outsourcing. 3) Developing product formulations and packaging. 4) Determining warehousing, fulfillment, and distribution strategies. 5) Ensuring the proper equipment is sourced. 6) Planning marketing and sales strategies to reach the target audience identified in step 1.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    160 views2 pages

    Cosmetic Manufacturing Plan

    Uploaded by

    gracie koi
    The document outlines the steps to create a business plan for starting a cosmetics manufacturing business, including: 1) Defining the brand, target market, and goals. 2) Choosing an manufacturing strategy of either in-house or outsourcing. 3) Developing product formulations and packaging. 4) Determining warehousing, fulfillment, and distribution strategies. 5) Ensuring the proper equipment is sourced. 6) Planning marketing and sales strategies to reach the target audience identified in step 1.

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    Cosmetics manufacturing business plan

    During the planning and business proposal stage, we shall put together a guide to set up a manufacturing
    facility for cosmetics. We shall carry out research and due diligence before we come up with a business
    Plan and address the key statistics which shall include:

    MARKET SIZE
    -
    STARTING COSTS
    -
    GROSS MARGIN
    -
    PRODUCT BUILD UP INCLUDING PACKAGING
    -
    WAREHOUSE CONSTRUCTION / LEASE
    -
    EQUIPMENT AND SET UP QUOTATION / COST
    -
    PRODUCT FORMULATION

    1. Define Your Brand, Market and Goals


    This point is to provide a clear vision of what you want to do as a cosmetic line manufacturer.
     What is my brand, and what are its values?
     Who is the target audience I want to reach?
     What product(s) am I intending to sell?

    We shall Compile research findings and create a presentation that supports this vision. As a new
    company, the presentation will help you stay on the right track and illustrate your business to potential
    partners and investors.

    2. Choose a Manufacturing Strategy


    We shall research and use the data and business projections found in the existing brand, market and goals
    to choose the best method for the business.
    In recent years, we have in-house manufacturing which has become quite popular throughout the
    cosmetic industry.
    The process of manufacturing in-house is exactly like it sounds. Cosmetic businesses do their own
    research and development (R&D), ingredient sourcing, production, filling, packing and labeling.
    When considering in-house manufacturing, note that the cost per item can be high since raw materials are
    purchased in smaller quantities.
    This process gives makeup manufacturers a great amount of flexibility and freedom without having to
    rely on a partner.
    3. Build out Your Products
    With a manufacturing strategy, we shall focus on the product. As a proposed cosmetic line manufacturer,
    we shall get around with packaging ideas and product formulation . We shall draft a brief that summarizes
    everything you’re looking to include in a product.
    This will come in handy when we start working with a packaging vendor and design agency to create
    containers for the products.

    4. Determine Warehousing and Fulfillment Strategy


    Refer to the manufacturing strategy you chose in step two, and consider the following:

     Warehouse and process Human Resource?


     Where are we having the warehouse, Lease warehouse / Own facility?
     How do we get the products to your customers?

    They may seem simple enough, but those questions are another crucial part in the success as a cosmetic
    line manufacturer

    5. Ensure you have the Right Equipment

    We shall source for the right equipment, durable and available.

    6. Growth via Marketing and Sales research


    We shall research and plan for the cosmetic business in step one?

     When you go to market your cosmetics, you’ll want to recall who your product is for and why.
     What do your customers like?
     Where do they shop?
     What colors and packaging and size do they like

    Facilitation fees

    Min Costs
    Office Space Expenses $200
    Business Formation Fees( Research ) $1,200
    Vehicle Expenses $200
    Travel Expenses $200
    Total Expenses $1,800

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