What are the key factors influencing the pricing strategy of outdoor furniture ODM services?

The pricing strategy of outdoor furniture ODM (Original Design Manufacturing) services is shaped by several critical factors. Material costs play a significant role, as high-quality, durable materials like teak or aluminum increase expenses. Labor costs, including skilled craftsmanship and production efficiency, also impact pricing. Market demand influences pricing adjustments, with seasonal trends and consumer preferences driving fluctuations. Competitive analysis ensures pricing remains attractive while maintaining profitability. Additionally, logistics, tariffs, and customization requirements further refine the final cost structure. Understanding these factors helps businesses develop a competitive and sustainable pricing strategy for outdoor furniture ODM services.