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white labelling

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braindrainme | 11:01 Fri 07th Apr 2006 | Business & Finance
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please could somebody provide me a short summary of the business term, 'white labelling'
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White labelling is where an established company provides their products to outlets such as supermarkets without their brand name. They leave a white label for the outlets to put on their own brand.
It also works in the finance sector - try looking behind the names of some of the credit cards and you'll see the same bank could be behind several different brands.

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