Together with the national currency (Turkish lira), ordinary employee’s hopes and labor costs continue to fall in Turkey.
Even it seems that there is nothing good about this situations, some people are taking advantages of this. Looks like Turkish exporters have the most to gain from this situation but there are some thorns – yes, they increased the volume of production and export by beating their competitor prices, their spents incresed also. So, if they earn now double they have to spend almost double.
The second category are importers. Import from Turkish manufacturers catch two fish at once – quality of Europe and price of Chına. It is not surprising that everybody is nowadays searching for a Turkish supplier.
Third category is selling products made in Turkey of under their labels. Everytime you buy a product of a famous brand there is a probability that item was produced in Turkey. Big companies not selling their products, they are selling their label. Private label is the new key of high profit production. Private label is the symbol of commercial globalization. This creates new financial chains between Turkey and abroad: buyers are investing in Turkish productions and Turkish manufacturers are increasing their technologies and production capacity.
If you also plan to manufacture your products in Turkey with your own label we can advice you suitable factories and follow up the process.
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