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May 17, 2011
Profit Potential
The cost
The total cost to you of the above product (concentrate and pre-labeled bottles) is $ 1,607.
The total Sales Revenue of the above is $ 3,205.
Your Gross Profit is $1,598.
But that’s not all!
After you fill and sell through the first round of bottles that come with your first order, you will have enough concentrated product left over to fill another 130 more bottles
OR to refill 130 bottles -- returned by clients -- or, of course, a combination of both.
The Grand Total Sales Revenue from sales of your first order of product concentrate and bottles should be around $4,050.
The following two examples give you an idea of the profit potential of first filling and selling and then refilling and selling Options for Life cleaning products.
Product: 16 oz. Multi-Surface Cleaner
The first time you fill and sell the product ready-to-use:
Your Direct Cost of Goods: $ 2.25
Our Suggested Retail Price: $ 4.50
Your Gross Profit: $ 2.25
Your Mark-up: $ 100%
The next time you refill the same bottle:
Your Direct Cost of Goods: $ .50 (basically, the cost of concentrate only)
Our Suggested Retail Price: $ 3.50 (you charge $.50 to $1.00 less than full retail because they are reusing their original bottle)
Your Gross Profit: $ 3.00
Your Mark-up: $ 600%
Product: 16 oz. Kitchen & Bathroom Cleaner
Concentrate Set
This is one of our most popular product offerings -- the 16 oz. Concentrate Set or Twin Pack as some call them. A Set consist of a 16 oz. bottle of Cleaner Concentrate and an empty 16 oz. spray bottle banded together with a silicon (not rubber) band. These sets can be sold for up to $19.99 each. Most products sets can make up to eight refills of the spray bottle for around $2.00 per bottle/refill -- a great value for the consumer.
The first time you fill and sell the product ready-to-use:
Your Direct Cost of Goods: $ 7.37
Our Suggested Retail Price: $ 19.99
Your Gross Profit: $ 12.62
Your Mark-up: $ 171%
The next time you refill the same bottle:
Your Direct Cost of Goods: $ 2.82 (the cost of concentrate only)
Our Suggested Retail Price: $ 16.99
Your Gross Profit: $ 8.52
Your Mark-up: $ 502%
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