If you have ever considered Juggling your investment options, then you probably looked at investing in a White Label investment project. Whilst the risks are considerably higher, the rewards can be mind-blowingly favourable. Over the past few years organisations have looked at out sourcing the direct core costs of operation. This change in working styles has opened up other opportunities and higher profits. One such example is the “Telephone Marketing” sector, whereby banks and customer support call centres are outsourced to cheaper, more scalable companies all over the world.
Whilst the option to “Franchise” operations like these is the future will be more viable, at present this type of cost cutting exercise meets the demands of the Profit and Loss accounts of organisations. This also is the same for operating White Label type business models, where the option to save costs with the management and day to day running of a project is equally viable. There are organisations all over the world looking to save money, and unfortunately labour intensive costs are the main area looked at by Chief Executives and Trouble Shooters.
Sometimes reducing Legal, Operating Costs and general Management and reporting costs, can far exceed general low level labour costs. Therefore it is no surprise that considering a White Label Solution would suit some organisations more than others.
Companies such as Nektan have been proactively working within this sector for several years, and have attracted some large corporations. The main offering from them is the Nektan White Label Casino package, that provides a Turn-Key solution to anyone looking to run a Casino / Gaming company. The associated Legal and Licensing costs alone on this type of Industry is very very expensive. This Niche area has been very well exploited by Nektan, who have evolved to there customers needs. Companies such a News International and Reel Vegas have successfully penetrated the mobile casino website market, through the white-labelled offerings. More in-depth knowledge can be found on the Investopedia White Label information page.
he gambling sector has always been a large companies domain for several decades, however it is clear that Nektan have levelled the playing field somewhat, with there “One Stop Shop Solution”.
This Industry is not alone with changes in operational structure, the Co-working market place, appears to have forced a new “Niche” in the Property market. This is more visible with New Business Start Ups, as Co Working Office Space is far more viable that longer term serviced office contracts. There is no doubt that the need to save money and be more profitable is the cornerstone of large businesses long term strategic plans. Therefore bespoke solutions that offer a financial saving, are without doubt the key to success. Whether you choose a White Label Solution or a shorter less risk contractual obligation, the key is survival and speed to market.
There are other White Label options relating to selling products, most especially private label items. Please check out the video below for more information: