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Teach Soap • View topic - Prices

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Board index » Teach Soap Forum » Toiletries: Lotions, Fizzies, Shampoos and more!

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lisah_03
 Post subject: Prices
PostPosted: Wed Oct 01, 2008 7:14 am 
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Joined: Fri Sep 05, 2008 10:47 am
Posts: 87
Location: Canada
How should I price my bath bombs?
I'm not really sure how to go about doing that... :?
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sgsoap
 Post subject:
PostPosted: Wed Oct 01, 2008 10:00 am 

Joined: Tue Apr 01, 2008 10:44 am
Posts: 956
Location: Southern California
Look at the pricing for soap on the following link
www.teachsoap.com
It may give you some ideas about including all of your costs.
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lisah_03
 Post subject:
PostPosted: Thu Oct 02, 2008 8:20 am 
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erin
 Post subject:
PostPosted: Thu Oct 02, 2008 10:16 am 

Joined: Fri Mar 28, 2008 12:16 pm
Posts: 162
Location: CT
The teach soap method of determining cost is very thorough. However, looking at your list ... do you really use $5 of which hazel on 1 dozen bath bombs? You need to spread the cost of the mold over the life of it, not over a single batch. Etc, etc.

A much more general way to cost things is to take the ingredients per item and multiply by 3. The idea here is that 1/3 of the price is materials (don't forget packaging and labeling!), 1/3 is for overhead (gas, phone, molds, etc), and the final 1/3 is for you (profit).

It is certainly more of a "rule of thumb" method, but it will get you close.

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Sweet bathing!
Erin
www.bathcake.com
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erin
 Post subject:
PostPosted: Thu Oct 02, 2008 10:18 am 

Joined: Fri Mar 28, 2008 12:16 pm
Posts: 162
Location: CT
Oh, and I know you're in Canada and things must be different ... but here I can get 4 pounds of baking soda at Wal-Mart for $2.12 ... so you might want to look for another source if you're paying $3/pound!!

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Erin
www.bathcake.com
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sgsoap
 Post subject:
PostPosted: Thu Oct 02, 2008 11:43 am 

Joined: Tue Apr 01, 2008 10:44 am
Posts: 956
Location: Southern California
Canadian Dollars are not the same as US Dollars, silly! :)
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lisah_03
 Post subject:
PostPosted: Thu Oct 02, 2008 6:45 pm 
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sgsoap
 Post subject:
PostPosted: Thu Oct 02, 2008 8:21 pm 

Joined: Tue Apr 01, 2008 10:44 am
Posts: 956
Location: Southern California
You should add up what it would normally cost you - that way you know how to set a price that you would regularly charge.
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lisah_03
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PostPosted: Fri Oct 03, 2008 10:14 am 
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