Salty Pricing

As requested on the Teach Soap Forum, I put together a generic price breakdown for my bath salts recipe. It will only cost you $4.66 to make 6 bags of fabulously scented, colored and perfectly packaged bath salts!  And you could save even more money by buying in larger, bulk sizes!

My Bath Salt Recipe

3 Cups Medium Dead Sea Salt

2 ml diluted Blue Mix Labcolor

10 ml of Yuzu Fragrance Oil
Yields 6 bags of bath Salts

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Price Break Down

Medium Dead Sea Salt- $2.50 per lb (10 lb size)

LabColor- $0.01 per diluted ml (10 ml) 

Fragrance Oil- $1.57 per oz (1 lb size)

Cellophane Bags- $0.01 per bag (box of 1000 online)

Waterproof Labels- $0.10 per label (10 sheets, 10-12 labels per sheet)

Recipe Grand Total $4.66 

(that's just $0.77 per 1/2 cup bag of salt)

To make this entire recipe, it will only cost you $4.66 in materials. And remember that my recipe makes 6 bags of bath salts so divide the total by 6 and it's only costing you $0.77 per bag of scented, colored and packaged bath salts! Keep in mind that I'm not factoring in my time and effort. You'll have to decide that on your own. How long does it take you to make these and how much is your time worth? Do you have the equipment to whip out a huge batch? Or are you limited to smaller, individual batches? Answer these questions to add on the final costs to your products. After itemizing your recipe and finding out the exact amount it's costing you (down to the penny), you can make an informed decision about what price to charge, how much you can afford to spend on packaging and what sort of promotions you can run with this high margin item.