Today’s Question: What are the meanings of OEM and ODM?
OEM stands for Original Equipment Manufacturer. For example, you hire a factory in China to make products to your spec under your brand name.
ODM stands for Original Designed Manufacturer. For example, the factory R&D department comes up with a design on their own, but they sell it to you for the international market under your brand or their brand.
Regardless if you are buying with an OEM or ODM, you will still need to protect yourself!
Here are some valuable sourcing tips about OEM:
Read more about OEM and MOQs where MOQ stands for: Minimum Order Quantity. And trust me, this will be your worst enemy!