Wellnown Formulas is a Canadian corporation that has been registered in the Beautiful British Columbia since 2009. It’s well known as a manufacturer and exporter of Natural health Products (NHPs). Although the most of products are manufactured in BC, the company outsources some products that need high tech production facilities. WKC has ownership of IP including over 50 product licenses issued by Health Canada and over 100 private labels. WKC’s value chain includes production, packing, labeling, shipping and marketing NHP.
Wellknown Formulas is a well known company with a valuable business network out of Canada that provides a good opportunity for us to scale and be able to compete with other brands inside Canada. Products are distributed in Canada, and many other countries through Strategic Alliances. A key strength of WKC is the reliable market outside of Canada, and this allows our small, frugal and enthusiastic company to be successful.
Given this strong export market, economies of scale can be realized, thus, supporting our business inside Canada by reducing our costs and price. Due to our strong business networks outside of Canada, the main marketing strategy is designed to build up a large market outside of Canada while our strategic alliances secure our money there. And then the company will be strong enough to compete on all branded products inside Canada.