How much does it cost to start a supplement company?

[bryanhernandez]

Thanks man I’m planning on making a company myself soon very informative

[patrickhannum]

I just started my own health and supplement company. I will take any guidance I can get. I have used Suppliful but am looking for a new supplier/vendor for supps. Their pricing isn’t as competitive as I thought it could be. Poor customer service as well and shipping times are horrible.

[MavicBIKES]

Bro, you could’ve done it so much cheaper print on demand then get sales, then do your own shipping

[mph]

How do you save costs on shipping? Do you run a specific program that feeds in customer info for label printing?

[LetYourLightSoShine]

How much are you looking to make in your first year. 8k seems a good number to start a business

[Diagonalforward]

And that's without even any advertising or PPCs. I'm starting my own soon...and it's going to be $$$$

[youngpablo]

Do you have a update on your profits? Why don’t you also sell on Amazon?

[maximilianbredow]

$6k/144 = $41.67 COGS per unit

Do you even break even with those numbers? For reference, I paid about twice for about 10x the units of a comparable product

You want a net margin of 80% or better in this industry to have enough room to pay Amazon, Meta, Google, Retailers like Gyms and still get enough cash to grow the business and get a salary. Else, it’s just an expensive hobby

[arc]

How about clinical trials for this product? Do you have to do that at all?

[jakejones]

How much is insurance and what direction did you go for that?

[williamvorobets]

Nice, do you run the business from home?

[TheAdminBreakDown]

I make nicer websites for supplements.... And i make them for cheap