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SOS: Why Ordering Too Much Stock is a Costly Mistake
Manage episode 512680441 series 2483891
In this episode in the MANUFACTURING SOS series, Iâm breaking down why placing a big order with your manufacturer, especially on your first production run with them, can be a costly mistake.
Youâll learn why itâs always smarter to treat your first production run as a test, how to avoid tying up all your money in stock, and how to respond when a manufacturer insists on high MOQs.
If youâre at the stage of placing your first order with a factory, or wondering how many units to start with, donât miss this one.
â¶ïž Watch this episode on YouTube
đ§ Listen now to find out:
đŠ Why ordering big on your first run is rarely a good idea
đ§Ș How to treat your first production like a product test
đ How to avoid ending up with stock you canât sell
âïž Why less really is more when you're building a UK-made brand
đ§ Subscribe to the Make it British podcast so you donât miss the rest of this special MANUFACTURING SOS series
Get my Range Plan Template Here
â¶ïž Watch the full series on YouTube
đ Ready to scale your UK-made brand? Apply for the British Brand Accelerator at makeitbritish.co.uk/apply
302 episodes
Manage episode 512680441 series 2483891
In this episode in the MANUFACTURING SOS series, Iâm breaking down why placing a big order with your manufacturer, especially on your first production run with them, can be a costly mistake.
Youâll learn why itâs always smarter to treat your first production run as a test, how to avoid tying up all your money in stock, and how to respond when a manufacturer insists on high MOQs.
If youâre at the stage of placing your first order with a factory, or wondering how many units to start with, donât miss this one.
â¶ïž Watch this episode on YouTube
đ§ Listen now to find out:
đŠ Why ordering big on your first run is rarely a good idea
đ§Ș How to treat your first production like a product test
đ How to avoid ending up with stock you canât sell
âïž Why less really is more when you're building a UK-made brand
đ§ Subscribe to the Make it British podcast so you donât miss the rest of this special MANUFACTURING SOS series
Get my Range Plan Template Here
â¶ïž Watch the full series on YouTube
đ Ready to scale your UK-made brand? Apply for the British Brand Accelerator at makeitbritish.co.uk/apply
302 episodes
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