Skin Health Product Strategy

<p>Manufacturing and Economic Benefits</p><p><br/>A significant portion of my strategy involves the implementation of manufacturer outsourcing. From an economic standpoint outsourcing allows skin health brands to:</p><p>Reduce Manufacture Costs: By leveraging the economies of scale of specialized Third-Party Manufacturers (TPMs).<br/>Improve Quality: Utilizing specialized facilities that may have better technology than a brand could afford to build in-house.</p><p><br/>Increase Buyer Numbers: By lowering costs and improving quality brands can price more competitively thereby expanding their market share.</p><p><br/>This approach reflects a broader trend in the global beauty industry where asset-light models allow companies to focus heavily on R&D and marketing&mdash;the areas where behavioral insights have the most impact&mdash;while leaving the physical production to experts.</p>