Hey guys im super curious what is the profit margins on shave soaps and as? Thanks!
Think you should ask the people who make those products. If they answer you they are nuts.Hey guys im super curious what is the profit margins on shave soaps and as? Thanks!
Hey guys im super curious what is the profit margins on shave soaps and as? Thanks!
And I would imagine it would vary greatly between Corporations, Artisans living off it, and artisans retired/hobbying.Think you should ask the people who make those products. If they answer you they are nuts.
Call General Motors and ask them that question.
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thanks and i was asking cause i was thinking of making soaps as a hobbyI am an Accountant and have done retail and manufacturing accounting.
It is likely to be between 40 to 50%. Less if discounted.
This means 40 to 50% o the sales price is profit.
With so much competition, margins are likely to be normal to low.
You've got to sell a lot of soap to make any money.
some of the nuttiest people are some of the best peopleThink you should ask the people who make those products. If they answer you they are nuts.
Call General Motors and ask them that question.
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and another good point is competition today everyone is coming out with shave soapsI am an Accountant and have done retail and manufacturing accounting.
It is likely to be between 40 to 50%. Less if discounted.
This means 40 to 50% o the sales price is profit.
With so much competition, margins are likely to be normal to low.
You've got to sell a lot of soap to make any money.
thanks! which soap you didnt like?The thing is to be competitive you can't really ask too much as people won't buy. The dearest that I have paid for a soap is $15 Australian and I was not impressed with the soap. The service provided my the seller was excellent but for the life of me I could not get the soap to work. Back to my cheap Proraso Soaps. Very dependable IMHO.
33 thanks!You should take a moment to learn how this this forum board.
You can quote more than one post in one single reply, rather than doing every quote in a new reply.
Also this place exists quite a few years before you have registered, so it is quite likely someone else has already discussed these same topics before.
Before you start a new thread take a deep breath and count to 33!
You can make a small fortune in making shaving soap......if you start with a large fortune.thanks and i was asking cause i was thinking of making soaps as a hobby
There are so many vendors out there now you got to sell it by the lorry load to make it viable.With so much competition, margins are likely to be normal to low.
You've got to sell a lot of soap to make any money.
It's okay as a hobby but not a business.thanks and i was asking cause i was thinking of making soaps as a hobby
interestingThere are so many vendors out there now you got to sell it by the lorry load to make it viable.
It's okay as a hobby but not a business.
The saying is true...you do learn something every day!! I'm grateful Google is my friend!! lolby the lorry load
I am an Accountant and have done retail and manufacturing accounting.
It is likely to be between 40 to 50%. Less if discounted.
This means 40 to 50% o the sales price is profit.
With so much competition, margins are likely to be normal to low.
You've got to sell a lot of soap to make any money.