Teach Soap

when factoring in the price for lables and ink is that a factor in my producet. im getting ready to sell my body and hair butters so do i incled the price for lable paper? or just the cost of the material and time it took to make

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~~Sydney~~
The Crafty Lefty

I would include the price for everything. Otherwise it will eat up your profit margin

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Amber D that'd be me!

grr ok. that is the only thing i dont understand it how to do that

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~~Sydney~~
The Crafty Lefty

Figure out how many pages your ink will print and how many labels per sheet. Sooo, hypothetically, if you ink lasts for 600 pages and it costs $50 per cartridge, your labels are 10 per sheet and cost $1 per sheet, then your printed label will cost 0.08 cents for ink and 0.10 cents per label; so about 0.18 cents per label.

Forgot to add; don't forget to add any shipping to your total if you order online.

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Irena
Closed minds are like faulty parachutes; they refuse to open.

Irean u are always so helpful but buti met the cost it would it to make 1 jar of body or hair butter. i have to do thae same thing for each material hers a list
jars
shea butter
cocoa butter
avacado olil
argon oil
jojoba oil
ink
label paper
shipping and packing supplies
what about the fees that paypa,esty all fo them ahave include that right
sorry im so new to all of this.

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~~Sydney~~
The Crafty Lefty

I would make a spread sheet and put your containers, butter and oils in there. I would do something like this:
Amount: 12
item: 1 oz. jars
cost: (including shipping)
Date when bought:
Vendor:
Cost for one jar:

Do the same for the lids.

Labels
Amount: (how many sheets)
How many sheets per label
cost
Date
Vendor
Cost for one label

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Irena
Closed minds are like faulty parachutes; they refuse to open.

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Irena
Closed minds are like faulty parachutes; they refuse to open.

ok thanks i will try that i may have even more questions lol. but thanks so much

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~~Sydney~~
The Crafty Lefty

It DOES take a bit of time to figure it all out. Took me 3 days to figure out how much it cost me to make 9 different products! I have a spreadsheet showing how much I paid for each product and how much product I got for that price (including containers, lids, etc).

Then I have a separate sheet with each product I am making and finished product size/weight. It shows how much of each ingredient I need and how much it will cost.

For example: say I bought 32oz of coconut oil for $5 and I am using 2 oz in a product. I divide 32 (the amount I purchased) by 2 (the amount I am using per product) and get 16. This means I can make 16-2oz products. So, to figure the cost, I divide 5 (the price I paid for the amount I purchased) by 16 (the number of uses I get from it) and get 0.31. This means it costs me $0.31 in coconut oil for each product I make.

I do this with each ingredient, label, etc and add up the total costs for them, fees, and equipment for a final price.

Hope this helps!

Here is a link on pricing you might find helpful too

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Amber D that'd be me!

yes that helped alont i seen the same article but it was still greek to me lol

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~~Sydney~~
The Crafty Lefty