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How To Calculate The Price Of Your Soaps

August 28, 2016 by Shellie Wilson 1 Comment

How-to-Calculate-the-Price-of-Your-Products

Knowing how to much to charger for all your hard work and expensive ingredients isn’t as straight foreward as you might think. So, is there a set rule? perhaps a formula to follow? Check out this article from the Soap queen with some great advice to help you come to a conclusion.

Is selling homemade soap profitable? Yes, it can be, make sure you factor in your hours of work, and also don’t be tempted to give away freebies to friends and family, start how you mean to go on.
So how much money can you make selling soap? This really depends on how much soap you can produce. I have seen small soap makers have to turn down large wholesale orders because they simply could not produce enough soap to meet the order. Some solutions are outsourcing your soap making, renting larger premises, or taking on some staff to help you produce large wholesale orders.

Is soap-making a hobby? If you make money from it, then it is not a hobby it doesn’t matter how small, it is a business the moment you turn a profit or sell a single block.
Where should you sell your handmade soaps? Start small, start local, then you do not need to worry about postage and packaging. Seek out small craft fairs or booths, making sure you have enough stock for the day. Hand out business cards, maybe make some small samples for people to try or smell.  As your business grows, increase your options. Consider selling on Etsy or on a local Facebook marketplace group.  You will not grow your handmade soap business overnight, so take it slow and steady.

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Comments

  1. Kenna says

    August 28, 2016 at 1:16 pm

    Hey Shellie! Figured you may want to know that the link heads to Modern Soapmaking rather than Soap Queen. 😉 I think you meant to include this link: https://www.soapqueen.com/business/much-charge-products/

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Perimenopause Calm Down Coloring Sheets (For When You Want to Scream into a Pillow)

Free Printable Downloads for Women 40+ Navigating the Hormonal Rollercoaster

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