Tabitha, that is the best cost break down I've ever seen. Thanks so much!!! only one day on this board, and you're the one I keep reading LOL!Tabitha said:M&P is cheap.
If you buy in bulk (24# BLOCKS) The base costs about $1.30 a pound, add another .70cents per # for shipping, that is $2.00 a pound.
Add a tablespon of fragrance (you need way more fragrance for CP cause a lot of it burms up so to speak from the lye.... or somthin' like that) which is about .30 cents, so that is $2.30 to make a pound of soap.
Divided the pound into (4) bars weighing 4oz ea, that is a cost of .57cents each.
Add a penny for a drop or 2 food coloring, maybe a nickle for a pinch of poppy seeds, etc, it's still very inexpensive.
You need to factor in the cost of your overhead, molds, bowls, scales, etc.
Don't forget packageing like cello bags, ink, labels & ribbon too.
You should factor in your time as well.
LMAO Tab! I bought a couple molds and M&P goats milk today. I broke. I just couldn't hold out any longer. What pushed me over is wanting to make something for DH, I figure I owe him for all the conversations/monologues he has to listen to on my products! He's not a lipbalm guy, and doesn't use lotion, so when I asked him if he'd like a nice masculine smelling soap, and he said definitely, the money was already flying out of my pocket! God help me.Tabitha said:Lizzy, I have had that problem for 6 years, lol! My line will get bigger, bigger, bigger then I will force myself to stream line it which will go well for about 3-6 months then I will add items, add items, add items until it is ridiculously out of control so them I will streamline it again & so on & so forth!
I had my line pretty streamlined for the past year just sticking to my most popular 8 items w/ the occasional holiday specialty, but always in the back of my head, the little voices are saying "... cupcake bath bombs... bubble bars... glitter lotion.... kid's line.... men's line....edible products... pet products.... shower favors...mineral make-up!"
Uuuugh, it's just too easy to spend all of your profits testing new recipes/products/packaging! It is a vicious circle!