Why not? The products already exist in Asia and Europe and they are now legal to be imported into the US. You could see them on shelves next week, today even if some companies had insider information on this coming into effect and timed it well.
Most products are specifically packaged for a given market. Especially with more regulated products, it’s may be legal to import the product itself, but not in the packaging that is legal in other places. Plus there are language barriers, supply network differences, differences in store shelf standard sizes so bottles fit on shelves, etc. It likely will take time to design and produce the packaging, push the product to each stage of intermediate warehouses, and finally get it to stores.
That said and individual could import their own, but you’ll have to pay for the shipping yourself and deal with any market differences in pricing and costs of currency conversion if your credit card doesn’t do it for free.
Ever been to an Asian grocery store? They use the exact same packaging and slap a sticker over the nutritional label that complies with local laws. It’s perfectly legal and cheap.
That doesn’t get it to you any faster or much cheaper than just individuals just paying a foreign company to ship it to them direct. You’re adding another middleman importer that needs to make a profit while developing and paying people to apply the labels and deal with customs, shipping, warehousing, etc. They might be able to do it faster than the normal way, but it definitely would add significant cost. And if you’re trying to get people to buy a new product, it’s not good to start with a noncompetitive price. It makes people see it as unaffordable even after the price eventually stabilizes. First impressions are a big deal in product marketing.
Why not? The products already exist in Asia and Europe and they are now legal to be imported into the US. You could see them on shelves next week, today even if some companies had insider information on this coming into effect and timed it well.
The article even states they aren’t expected to hit shelves until the end of the year.
Most products are specifically packaged for a given market. Especially with more regulated products, it’s may be legal to import the product itself, but not in the packaging that is legal in other places. Plus there are language barriers, supply network differences, differences in store shelf standard sizes so bottles fit on shelves, etc. It likely will take time to design and produce the packaging, push the product to each stage of intermediate warehouses, and finally get it to stores.
That said and individual could import their own, but you’ll have to pay for the shipping yourself and deal with any market differences in pricing and costs of currency conversion if your credit card doesn’t do it for free.
Ever been to an Asian grocery store? They use the exact same packaging and slap a sticker over the nutritional label that complies with local laws. It’s perfectly legal and cheap.
That doesn’t get it to you any faster or much cheaper than just individuals just paying a foreign company to ship it to them direct. You’re adding another middleman importer that needs to make a profit while developing and paying people to apply the labels and deal with customs, shipping, warehousing, etc. They might be able to do it faster than the normal way, but it definitely would add significant cost. And if you’re trying to get people to buy a new product, it’s not good to start with a noncompetitive price. It makes people see it as unaffordable even after the price eventually stabilizes. First impressions are a big deal in product marketing.