Entering The Dietary Supplement Market as a Startup Product Development ..at Supply Side West
October 26 – 27, 2021
Las Vegas, Nevada, USA
Registration for this course is being processed on the Supply Side Tradeshow site.
Please use the link below to register.
PLEASE REGISTER HERE
Entering the dietary supplement as a startup focuses on product development and planning for regulatory compliance. The training provides a systematic plan for the development of new dietary supplements. It includes regulatory reviews, user requirements, and the necessary steps needed to ensure that an organization is successful when entering the market as a startup. In addition to looking at the regulatory requirements we will review financial considerations and the decision points in the process.
The target, what does the market want?
User requirements for the consumer
· Benefits; what health claims will be made
· User requirements for us
· Projected volume
· Marketing costs
· Does this product contain a New Dietary Ingredient?
· Health claims
How much will the market pay?
· Can I make this product with existing equipment?
· Is the new product a copy of an existing one?
Cost of components?
· Fixed costs
· Product development cost
· Marketing costs
Preliminary ROI calculation
· Decision to begin development
· Final product
· Analytical method development
Cost of Goods Sold
Final ROI calculation
Decision to begin production/sales
Who Should Attend?
• Regulatory Affairs
• Quality Control/Assurance
• Laboratory Operations
• Suppliers and Distributors
Early Bird Registration
September 2, 2021 Cost: $700.00
September 13, 2021 to October 19, 2021 Cost: $900.00
Onsite Price Registration
October 20, 2021 to Onsite Cost: $1100.00
Attending NSF training sessions does not provide an advantage, nor is it linked in any way to the granting of certification.