May you know about export-ready beverage models

product development is an acronym for Original Design Manufacring, which refers to a company or factory responsible for designing and manufacturing products as required. Some companies have an idea for a product but have not yet concretized it by design and production, so product development service should be used in this case. The product development model brings important functions such as design, manufacturing or branding to a product, product development costs are often much less than the costs of using product.

For example: You have an idea for a sparkling water product combined with juice but you do not have the design and cannot guarantee the production, you can contact Nam Viet Food and Beverage Joint Stock Company To be provided with complete and quality production services, not only meeting the standards of domestic distribution but also exporting to major markets such as the US, the Middle East, Russia, Korea…

Using product service, the ordering company can obtain products without building a new factory which reduces production costs. Companies that perform product services already have technology, equipment, machinery, and workers ready to comply with the requirements of the ordering company with the production capacity of millions of products with censored quality. rigorous and consistent. However, product has a big disadvantage that there are still risks that prevent the product from reaching the desired quality.

The great advantage of product development is getting the final product even though the business is just at the beginning of the idea. Some companies that perform product development services already have sample products, so customers only need to order and customize to meet requirements. product development also helps businesses save effort, cost and time, increasing the ability to adapt to market needs. The disadvantage of product development service is that you do not create the designs or manufacture with your own technology, so there is a risk that the design may be acquired, reducing the competitive advantage.

In addition to the two terms product, product development also has the concept of OBM. OBM is an acronym for Original Brand Manufacturing, which describes companies that only develop the brand without being involved in the design or manufacturing process. Companies using this service will buy back products made by other companies outright and put their own brands on it just to add value to their products.

Building and promoting a brand is not easy, so hiring an OBM company will be beneficial because it helps you get quality products from a well-known manufacturer, so it contributes to increasing your brand value. However, using OBM still has the risk of damaging the brand if the product is not of good quality or consumers may be confused because the product of the same manufacturer is only different from the brand name.

Whether you use product, product development or OBM services, there are benefits and limitations to it. It is important that your business is at what stage of the production process to bring the product to market, it will need the corresponding service. Businesses also need to choose a reputable and quality service provider.