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If you’re looking to source trampoline grip socks from overseas, you’ll likely end up at some point on Alibaba. Alibaba is one of the largest business-to-business market places.
- Lowest Cost Per Unit – It’s not uncommon for manufacturing to garner the lowest cost per unit, giving you the greatest margins on your product.
- Brand Control – Having your product manufactured means you can build your own brand around your product.
- Quality Control – Unlike dropshipping or purchasing wholesale, when you manufacture your own product you’re in control of the quality of your final product.
- Minimum Order Quantities – One of the biggest disadvantages of manufacturing your own product are the startup costs required for initial orders. Depending on the costs of your product and the manufacturer, your inventory investment can reach thousands of pounds, easily.
- Potential for Fraud from Overseas Manufacturers – Nothing will bring your business to a halt like being scammed by an overseas manufacturer.
- Time To Get Up and Running – Going direct to China or India will take you the longest to get up and running. There is a long process of prototyping, sampling, refining and production. This can take months. The difficulty of this process can be amplified, even extended if you plan on using a overseas manufacturer where language, distance and cultural barriers can arise.
- Delivery – you will need to consider freight cost options; imports from outside the European Union (EU) into the UK must be declared to HM Revenue & Customs (HMRC); you will need to pay import VAT and duty on your goods; and declare commodity codes.
- Storage – you will have to store all stock at your trampoline park. This takes up space.
With great rewards comes great risk. This makes going direct overseas the highest risk option. You must purchase inventory upfront with no guarantee. Risk also comes in the form of fraud if you’re purchasing from a manufacture overseas, particularly from Asia.
Why Lux Vivere?
At Lux Vivere we take care of the end-to-end process offering a complete turnkey solution. We specialise in designing cutting-edge trampoline grip-socks, clothing, merchandise and party bags. We do all the manufacturing and quality checking for each and every product; we deliver free of charge and we hold stock for you to drawdown in 24 hours. The leaves you with time to concentrate on the running of your business.
Our purpose is to work alongside you to help infuse your business with personality, memorability and life. We want to help your customers better understand the philosophy and story behind your business, which will ultimately lead to increased customer retention and attraction. How we achieve this is by creating relatable, relevant and quality custom branded merchandise that serves a specific purpose to your customers whilst successfully promoting your brand. The benefits of this are powerful and far-reaching as the experiences of your customers are enhanced and the message of your business is reinforced.
We take what we do very seriously and work hard to meet your individual requirements every step of the way. Our in-house design team are ready to work with you to help design a bespoke offering that will truly create a memorable product to be cherished.
We are the leading supplier of cutting edge trampoline grip socks, clothing, party bags and merchandise within the trampoline parks industry.