Guest guest Posted October 26, 2004 Report Share Posted October 26, 2004 Jeanine, YOur prices there seem really really low to me. For instance, I sell my lotion bars in a disk shape in a tin. The product wieght is about one ounce and I dont have any problems selling them for $5.50. Whipped shea I had new at a show this year and even as slow as the show was, I sold two one ounce jars (this is what will fit in a 2 oz jar for me) of the stuf for $10.00 each. And they have also selling for that price in a shop im in too. I have heard of others selling the same thing for quite a bit more too. Have sold at least a few in the short time i've had them there too. Shaye Product questions I need some help with prices and sizes of lotion bars and whipped shea. I did some lotion bars in two ounce containers at $2.50 and whipped shea in two ounce jars from MMS priced at $3.00. Are these par or am I out of line with prices? Did a cost sheet for each product and it seems OK but I'd like a little input from you folks that have been doing this longer. I'm also thinking of doing larger lotion bars. Anyone have suggestions for suppliers? The reason I need this info. is because I have a chance for a large, on going order. TIA, Jeanine Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 26, 2004 Report Share Posted October 26, 2004 In a message dated 10/26/2004 7:25:32 AM Eastern Daylight Time, jlv40@... writes: I need some help with prices and sizes of lotion bars and whipped shea. I did some lotion bars in two ounce containers at $2.50 and whipped shea in two ounce jars from MMS priced at $3.00. Are these par or am I out of line with prices? ~~~~~~~~~~~~~~~~~~~~ Jeanine, I think anyone who buys these is getting a bargain! Yes, you may be getting more than your materials cost, but are you calculating overhead like booth rent, insurance, utilities, etc.? Is this for wholesale or retail? Beth Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 26, 2004 Report Share Posted October 26, 2004 Cost sheet... ohhh... want to see one of those... i have the hardest time figuring out prices for my products. Is it possible that you could post an example for me/us to see how you do it??? http://home.twcny.rr.com/earthshome/Earthshome.htm -- Product questions I need some help with prices and sizes of lotion bars and whipped shea. I did some lotion bars in two ounce containers at $2.50 and whipped shea in two ounce jars from MMS priced at $3.00. Are these par or am I out of line with prices? Did a cost sheet for each product and it seems OK but I'd like a little input from you folks that have been doing this longer. I'm also thinking of doing larger lotion bars. Anyone have suggestions for suppliers? The reason I need this info. is because I have a chance for a large, on going order. TIA, Jeanine Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 27, 2004 Report Share Posted October 27, 2004 Well i can't speak for everyone but this is what i do. When i order any sort of ingredients I mark it down in a chart. I go through my invoice and look at the shipping charges then I divide that out according to how many ounces(pounds) of items i have. This gives me the price per ounce(pound) then I multiply that by how many pounds of each item. So it gives me the ACTUAL price i paid for my items. Since shipping is calculated by weight and so on. Then i figure out the cost per ounce of each of my ingredients. And i mark this down in my chart. Now each time i make something with this ingredient i have al of my prices all set ready to go. Then its just a matter of figuring out your recipe and marking down the price of everything you used. For example I have a recipe of a scrub i use. 2 oz wheatgerm oil 1 oz @ $.595404 = 1.1908088 2 oz jojoba oil 1 oz @ $1. = 2.00 2 oz beeswax 1 oz @ $ .40625 = .8125 20 oz brown sugar 1 oz @ $ = .73125 5 oz glycerin 1 oz @ $.175513 = . 8775695 5 oz honey 1 oz @ $.124583 = .6229165 ---------------- 6.235042289 ok so my total for everything in this recpie was 6.235042289 now the batch made just over 5 jars for me. so I divide that by 5 and get 1.2470084.... now for retail you want to multiply that number by 3 and for wholesale you multiply it by 2. so retail it would be about 5.69....... Now if you notice i didn't add in the price for any extras like FO and preservative, you will want to figure this out or if the amount is a small one i just raise my price a bit to accomidate for that. So the sale of this item for retail would be something over $6.00. Now this would be how i would do it. it certainly isn't any indication as to how others do it. And as for price fixing i hardly believe that can ever really happen. We all have our own suppliers and our own recipes. there is no way we all get all our ingredients for the same prices. Nore do i believe we all get them for the same price each time. As a matter of fact when i made this price sheet up I had gotten some of m supplies for more then i get them now. Which means If i keep selling my items at the same price i am i would be making more money then i was. There should be no way that a person can say " i price my stuff at such and such a price and so should you. " this is impossible. As for your whipped butters. now i don't know what is in them i have never made any before but i believe you make them with a solid oil and some liquid oil do you not?? if this is the case then depending on which other oils you use will make a big differance in the price. One person could be making theirs with rose hipseed oil or other ultra expensive oils while someone else could be using soybean oil or something. Or one could be using EOs in theres while others use FOs. that will make a HUGE differance in price. You just have to figure it out. ounce for ounce ingredient by ingredient. then always round it up higher to a price you like and if tht price doesnt work then lower it. as others said lowering a price is always easier then raising it. Hope any of this helps. i know i do tend to ramble. In , " skingsle@t... " <skingsle@t...> wrote: > > Cost sheet... ohhh... want to see one of those... i have the hardest time > figuring out prices for my products. > > Is it possible that you could post an example for me/us to see how you do > it??? > > Quote Link to comment Share on other sites More sharing options...
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