Wednesday, March 5, 2014

Start Your Own Homemade Soap Business | Start a Soap Making Business

Homemade Soap BusinessThe soap industry is very lucrative these days. Are you dreaming about your own soap business? We can show you that starting a Handmade Soap Business is so easy; all it takes is thoughtful preparation and a little time.

In addition, you need some passion and good research to distribute your soap to the marketplace.
There is plenty of handmade soap in the U.S. market. If you search for it online you would find more than 300 pages of listings on this type of business. Therefore, it’s important to find your best niche and set yourself apart in terms of product offers.

Homemade Soap Business Guide

Detailed strategic planning is very important in a handmade soap business. You need to find cheap raw materials to purchase but ensure that the quality is still good. For the first few months of operation, the best thing to do is buy only the supplies you need to use for a month or two. Plan your production process ahead of time especially if your goal is to produce huge quantities of soap.

Another tip is to price your products low – calculate the cost for you to make one batch of soap. For example, if you made 50 bars costing only $20, then your cost per soap is 40 cents. Imagine your profit if you price each one for $3-$4!

Marketing Homemade Soap Business

You can also make a nice profit if you keep your mark-up low for each soap and then sell huge volumes of it. Here are some instructions on how you can grab your edge in this business:
  • Secure legitimate licenses and business cards – the license will make sure that you are professional and your business is legal. Be ready to hand your cards to everyone you meet.
  • Find good places to sell your soap – you can make a nice income even if you just sell in craft fairs. But don’t limit yourself here; you can actually approach local stores to distribute your product. Alternatively, you can sell a huge volume to wholesalers and let them carry your brand on consignment basis.
  • Make natural soap baskets to package several soaps – if you make a nice packaging for your soaps, you can sell them in bulk. For instance, your soap basket could contain a foot scrubber and bath mint together with 3 handmade soaps. Then, you can approach real estate brokers or other organizations to give it to their customers as premium gifts. Although it would only cost a few dollars to creatively put these baskets together, you can easily sell them for around $50-$75 depending on your chosen price.
  • Launch a website displaying your items – you can make more income by accepting credit cards as forms of payment. You can market your handmade soaps using a website and several forms of payment facility to make this possible for you.

Needed to Start a Soap-Making Business

How to Start Selling Homemade Soap

Homemade Soap BusinessHomemade soaps and other beauty products sell well even in tough economic times. Novelty soaps and soaps with natural ingredients, visual appeal and wonderful scents are purchased as gift items and personal luxuries. Learn how to start selling homemade soap to earn extra money or start a new career.

Step 1

Make sure you are confident about your homemade soap's quality and look. Soap making takes some practice to get the ingredients and process right. Use the soap yourself and give it as gifts to get some feedback about your soap.

Step 2

Learn how to make soap if you haven't already started. Various ways to make soap include cold process, hot process, melt and pour kits and glycerin soap making. Experiment with different methods to find the one that is easiest and fastest.

Step 3

Figure out who your target market is. The type of molds, colors and scents you use in your soap will appeal to different customers. Soaps for kids or parties will appeal to parents or grandparents, soaps with natural ingredients will appeal to earth conscious customers, and soaps that are packaged with other beauty products or in boxes could appeal to corporate gift givers. These are just a few of the possible target customers. Who you sell to will determine where and how to start selling homemade soap.

Step 4

Design and print business cards, a catalog and brochures. Give them out to customers and mail updated catalogs periodically to get repeat business and referrals.

Step 5

Sell online. Many web hosting companies offer inexpensive e-commerce sites with templates for easy design. Etsy is a popular site for selling craft products with low fees. There are many online craft malls to sell your products. Find ones that appeal to your target market.

Step 6
Check your local paper for upcoming craft fairs or local festivals. Find out how to rent a booth and what supplies you'll need to bring. Some festivals will provide a table and canopy.

Step 7

Get the supplies you need to set up your booth. It may be possible to rent a canopy for outdoor sales; check with local party supply rental companies. You'll need a table, a table cover and a cash box at the minimum. Create a more appealing booth with decorations, ways that show how your soap is used, and displays that put your soaps at eye level.

Step 8

Team up with other craftspeople who sell related items like beauty products and favors. You'll cover more territory with a larger product.

Step 9

Work on your sales skills. Soap making is a lot different from soap selling, so it may take some practice to get comfortable with sales. Your soap may sell itself online and at farmers markets, but you'll have to work on being forceful and persuasive to get more aggressive sales. Consider partnering with someone with proven sales skills.

Step 10

Give away product to be used in bathrooms at local restaurants and businesses. Put the soaps in a small basket or soap dish that has your business card attached.

Step 11

Ask about placing product in local stores, like gift shops, home stores, boutiques and stores that sell health and beauty products.

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