The Green Sheet Online Edition

November 11, 2023 • 23:11:02

Street SmartsSM

Making white-label marketing work for you

It is impossible to look into any industry without hearing the term "white label," particularly in relation to small businesses. For ages, companies have used white-label solutions to give their customers more options on a shelf—but white-label products and services are evolving. In this article, I will discuss what you need to know about white labeling in the modern world.

A white label approach to business involves partnering with a manufacturer, distributor or agency to use their services for your business. A white-label partner will offer a product or service that is then sold under the name of your business. This allows new business owners to immediately gain access to high-quality products and services with established systems and tools. The white-label market is growing substantially, with year-over-year growth reaching 10.7 percent in 2022 (see tinyurl.com/ym3srpb8).

Under a white-label agreement the manufacturer or white-label partner removes their branding from the product. This allows companies to sell those same products or services with their own branding. While white-label solutions used to account for a small percentage of products, they now account for more than 50 percent of U.S. manufacturers' products (see tinyurl.com/3ujuce5e).

What is white-label marketing?

White-label marketing is the act of using a third-party branding agency to manage your marketing for you. It is an approach that outsources marketing services, allowing you to get top-tier branding without having to hire your own staff. Your white-label marketing partner will create branding features for you, allowing your company to claim them as your own.

For some, white-label arrangements sound too good to be true. Can you really just work with a company and sell their products and services under your own brand? The answer is yes—and the process is fairly simple. Let’s take a closer look at how this works.

Popular white-label business solutions

The white-label world is growing, and numerous types of businesses are benefiting. White-label business solutions are available in every industry, making it easy for business owners to get started and focus on growth immediately.

Some of the more prominent white-label business solutions include:

While larger companies have the luxury of handling everything in-house, white-label solutions make it easy to level the playing field. Smaller companies can gain access to high-quality products and dedicated distribution channels, all while improving their business offerings. With a trusted white-label partner, business owners can focus on what matters: reaching more customers and providing exceptional customer service. End of Story

Nicholas Cucci is the co-founder and COO of Fluid Pay LLC. Cucci is also a graduate of Benedictine University and a member of the Advisory Board and Anti-Fraud Technology Committee for the Association of Certified Fraud Examiners, as a CFE himself. Fluid Pay is the ONLY 100 percent cloud-based Level 1 PCI Payment Gateway processing transactions anywhere in the world. Contact Nick at Nick@FluidPay.com. Benefits of crypto for the underbanked.

Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.

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