Manufacturing Vs. Procuring Products

[Nomad]

Do you manufacture your own products or do you procure your products from supplier? Well, you might earn better profit margin when you manufacture your own product but manufacturing product also involves a lot of work. Therefore, to simplify things I like to procure products. This saves me time and effort to manufacture products. However, I manufacture my own digital products.

 

[Springtime]

I think for smaller scale businesses, it's easier to procure products instead of manufacturing products. Manufacturing products need a lot of work and capital investment.

 

[Nomad]

That's very true, if the small business start manufacturing, they will use their entire resources and might not have enough money left for marketing.