Minimum Order Quantities, or MOQs for short, is a term used in the beauty industry and it means the lowest number of units that can be ordered at one time.
Understanding the three major areas where MOQs can impact product development can be the key to a powerful cosmetic development strategy and unlock the playbook for scaling your product for growth after launch.
I this video we’ll look at the three major areas impacted by MOQs.
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-----Contents of the video-------------------
0:00 What does "MOQs" mean for Cosmetic Product Developers?
3:04 How MOQs affect Customization in Beauty Product Development
4:16 MOQs and Formula
6:16 MOQs and Packaging
8:34 How MOQs can affect how fast you Scale
11:49 Ask Suppliers about MOQs
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Goldn was founded in 2021 with a straightforward mission: To create the simplest, most collaborative product-building platform for formulation-driven industries. Starting with personal care, the Goldn goal is to provide all the tools to enable beauty brands to collaborate better with partners. At Goldn, we value collaboration, optimism, humility, integrity, and directness. We bring a dynamic, passionate attitude to our work-and to our interactions within our team and with the community. We want cosmetic product builders to have the same straightforward, positive experience that we foster on our own.
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