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I presently supplement honey sales with a small amount of candle sales. Question is...is there any return on investment with lip balms and creams etc. Is production cost effective after labor/materials/packaging? Any hints as to startup setups, sources, etc.....? Thanks
 

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Lip balm is incredibly simple and cheap to make. I use don’t sell a lot of them by themselves, but put them in gift sets with honey and soap. They used to cost me roughly $.12 a stick to make. I now put a snazzy $.20 label on it though that looks good, but puts my cost up to to $.32 a tube. Hard to say how profitable it actually is, but I sell a lot of the gift sets. Are they buying the honey, the soap or the balm? I don’t know.
 

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All wax products are worth it. Do the math. Like PSM said, roughly $.32/tube. We sell ours for $3 a tube. You won't find a better margin anywhere. But it is a small item so it takes a lot of sales to bring in much revenue. We sell them individually as well as in a gift set and have acquired some loyal customers who really love our product.
 
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