Making Huge Money Selling Something As Small As a Lip Balm!

31You recently lost your job and have been applying all over town for weeks or months trying to find and even better job than your last. Slowly reality kicks in and you start searching for any job, even one you hate, with the sole intention of finding something to help pay the bills. As the situation becomes more and more frustrating you slowly start looking at creative ways to make money from home. You begin by looking for something with ease of entry and huge upside. You consider house flipping and selling items on eBay. You do some research and soon find that you are not alone. Literally thousands of people are in your same shoes and looking at those ventures that they have seen or heard success stories of. You know the ones…the little old lady who made thousands selling beanie babies she found at a garage sale or the 18 year old that made 150k flipping his first house. The reality however, is that the vast majority of eBay sellers or house flippers don’t make the money they thought possible. In fact, most of them make very little, if anything because the competition is fierce and the experts take the biggest piece of the profit pie. That brings you to this article!

In an economy like the one we are currently in, creativity is a must. Get rich quick schemes that actually work are rare at best. To get ahead in today’s economy takes creativity, a good business plan and the will to make it work. Our answer…LIP BALM! You hear names like Chapstick and Burts Bees and your mind immediately focuses on the little stick that moisturizes your lips and fits conveniently in your pocket. The average person never considers the huge profits that can be made from such a small item but in this article we intend to open your eyes. We intend to outline a number of basic ideas that can turn that little stick into huge profits. Please keep in mind, all the ideas below on are based on buying Bulk or Custom Lip Balm from a company like Bulk Apothecary or any of the other dozens of lip balm manufacturer’s in the USA.

1. One great way to make it big in the lip market is to create your own custom lip balm line and market it the same way as Burts Bees or Chapstick. Burts Bees is the classic example of how someone turned a small idea into big profits. They started slow with the simple peppermint balm you know and love. They started selling it all over town. Slowly they built a loyal following and eventually with some added sku’s had a business worth over $900 million (according to the Clorox purchase price a couple years back). Not bad for something that gained momentum from a stick of lip balm. Now although this is the dream scenario, there are thousands of companies that are doing the same thing on a smaller scale and making a fantastic living at it. All you need is a good idea, a cute label and you’re in business. Head out to smaller retailers and try to get them to pick up your newly formed product line. After all, this is how thousands of people start their own product line and is a simple recipe for success.

2. Another great way is to buy Unlabeled Lip Balm off the web and start your own party/wedding favor business. You can currently buy unlabeled product off companies like Bulk Apothecary for .28 per unit. You pick up a small amount of inventory, get a nice printer and some printable labels from an office supply store and your open for business. Most custom lip balms sell online for anywhere from .60 per unit to 2.00 per unit. A hefty profit for something with such low start up cost and ease of entry. Not to mention advertising on Facebook or other social networking sites is all you need to truly build a successful business. Plus, since most people will be buying 100-500 pieces at a time, the volumes can really add up quick. So can the profits!

3. The last way might sound the craziest of all. Market yourself online as a distributor or manufacturer of lip balm and sell to other companies looking to make money selling your product. Companies such as Bulk Apothecary sell their unlabeled lip balm for as little as .19 per unit on very large quantities. There are thousands of customers that use lip balm for all sorts of reasons. Whether they have their own brand, have a small custom lip balm website or even if they are a private label manufacturer themselves, but don’t have the equipment to make their own lip balm. Whatever the case, at .19 per unit there is plenty of room to buy in bulk and remarket yourself as a huge distributor/manufacturer of these tiny little money making sticks.

The ideas listed above are just a few ideas to spark your creativity. There are countless ways to make money with something as small and inexpensive as a Chap Stick and all it takes is a little ingenuity and some hard work. With any luck you could be the next lip balm mega earner. The one thing to keep in mind is try to do something that most people don’t think of. Flipping houses might sound more glamorous but believe me, there is more money to be made in lip balm if you find your niche.

Turn Your Homemade Video Hobby Into a WorldWide Business

69Did you know that your homemade video hobby can become a business worldwide? With the advent of social networking sites like YouTube, virtually anyone can develop a business with potential profits far exceeding that of any paycheck-to-paycheck work week existence. How to do it? This article will give you some tips.

If you have a product to sell or can find a product that you can market, you can make homemade videos promoting those products and upload them to YouTuber. YouTube is a free video service where you can view videos of all topics from around the world. All you have to do is open up an account with YouTube (it takes about one minute and it’s free) and you can start to be in business.

There are some key things that you have to do first, however. You must learn some online marketing techniques. What I mean by this is that you have to learn how to target your audience and then to produce videos that will meet people’s needs. Find out what other people are looking for and solve their problems, and you will have a successful business.

The product, in a sense, is in the beginning, not as important as the marketing plan. If you don’t have a good marketing plan, many of your videos will not be seen by potential customers because they won’t be able to find them online, and you won’t have any customers to sell to. Online marketing techniques are easy to learn, however, so don’t be intimidated by the whole process. You just have to be willing to learn them and to take action.

Everyone uses YouTube these days, either watching one of the videos on their site or producing one to upload. If you are creative, imaginative, and have the desire to succeed in business, then the world is at your fingertips when it comes to video marketing.

If you don’t have a product of your own there are several companies with distribution centers located worldwide that offer budding entrepreneurs the opportunity to market their products, much like a private contractor. In these cases you don’t have to develop your own product or navigate the costly and time consuming details of finding distribution. All that is already done. As a homemade video entrepreneur your job would simply be to find an audience for their products and to promote those products through making and uploading your own videos online. You must believe in the product that you end up selling, of course, but the main point here is that the sky is the limit for the entrepreneurial minded videographer. Turn your hobby into a career. It is often said that if a person finds his or her passion in life they are lucky. If you can turn that passion into a successful business, how lucky you will indeed be!

Starting Your Own Homemade Cosmetics Business is Easy & High Profit

68Can you sell homemade cosmetics to the general public and retail outlets? This is one of the most common questions asked of me during my 25-plus years of making cosmetics.

The answer, in almost all countries, is: Yes. There certainly seems to be a lot of confusion regarding this issue – fueled in part, I am sure, by the desire of the global conglomerates to keep control of this multi-billion dollar industry.

Many countries take their lead from the US FDA, so let’s take a look at what the FDA has to say about the issue of making homemade cosmetics for retail sale. Homemade cosmetics are not required to be tested by the FDA – or any other authorities, for that matter. However, there are a few rules which must be observed.

1. The cosmetic product must be correctly labelled, and follow the labeling regulations. Essentially, this means stating the ingredients in descending order of use, the quantity of product contained within the packaging and any known safety precautions.

2. The cosmetic product must not contain any prohibited ingredients. If you are using professional formulations for making cosmetics, this will not represent any problem.

3. The cosmetic product must be free of pathogens. Again, if you are using professional formulations, you will not have any difficulties complying with this regulation.

The benefits of making cosmetics which have been professionally formulated, is that you will be able to produce top quality products of a calibre equal to, or even better than, the leading cosmetic manufacturers. How can your homemade cosmetics be better than the leading brands?

While it’s true that top quality cosmetic products usually include high grade, effective ingredients, cosmetic manufacturing companies operate on extremely high profit levels – 1000% or even much higher. Because the most effective ingredients are also the most expensive, in order to maximize their profits, leading cosmetic making companies usually use these substances in the lowest proportion possible.

Making your own homemade cosmetics allows you to use the same ingredients – but in much higher proportion. This means you can produce products of much higher quality and effectiveness. If you have your own business making cosmetics, you can make color cosmetics, skin and hair care, body and bath products, and toiletries, which will quickly develop a loyal clientele. And you will be able to make the same profits as the big cosmetic manufacturing companies.

You can even start a business making cosmetics for other retailers – hair and beauty salons, spas, etc – and package the products especially for them, with their own label. Private label manufacturing is becoming increasingly popular.

Making homemade cosmetics for retail sale is a high profit and easy business to operate, and there are many ways to sell the products and develop markets. Because the big conglomerates concentrate on the large, mainstream retailers, there are literally thousands of smaller, untapped, hungry markets – a few contracts to supply these outlets can easily bring you a six-figure income.

To summarize, the FDA does not review or approve cosmetic products or cosmetic ingredients before they are sold to the public. The agency acts only against cosmetic products found to cause harm after they have been released on the market.

If you are using untested recipes from your kitchen, this could present a problem if a customer suffered an allergy. Also, cosmetic products without preservatives can easily grow bacteria and molds, and cause skin reactions

In the US, you do not need approval from the FDA to start a business making cosmetics. In most other countries, this is also the case. If you are interested to join the high profit and prestigious world of making cosmetics, my best advice is to purchase top quality formulations and make them in accordance with the manufacturing directions. This way you can be sure they will be in compliance with FDA regulations.

Start Your Own High Profit Business

68Did you know that laundry detergents and other cleaning products are a major household and business expense? And did you know that the industry is worth billions and increasing every year?

The next time you visit your local supermarket, take a look at the many aisles offering products from laundry cleaners, floor cleaner, window cleaner and dozens more, as well as handwashes, hair and skin care products – the list is endless. There are literally hundreds of other markets for these products, many largely untapped.

Starting a business offering homemade laundry detergent has many markets – retailers love to stock unique homemade products.

Then there’s your friends and neighbors and businesses including laundries, hotels, accommodation facilities, etc.

However, not all homemade laundry detergent recipes are of a professional grade.

Many common formulas use soap flakes and bi-carb soda are not very effective for cleaning clothes.

A good homemade laundry detergent must be of the same quality as those sold in the supermarket, if not better.

An effective detergent, suitable for retailing, needs to be able to achieve the following tasks:

1. Neutralize the acidity found in most types of dirt on clothing

2. Remove oils and grease, making them water dispersible.

3. Break down any carbon, dust and clay particles, making them super fine.

4. Keep the dirt in suspension so that the particles don’t redeposit themselves onto clothing during rinsing.

Most homemade laundry detergent recipes found on the internet cannot achieve these functions.

One such formula says you should end up with a bucket of “gelatinous slime”.

The quality of this recipe is questionable and would not achieve the desired results but, more importantly, no retailer or consumer would buy a product of this description. Even for home use, it doesn’t sound very appealing.

If you are considering a homemade laundry detergent business, you are certainly on the right track to achieve a successful venture.

Making your own homemade laundry detergent, cleaning products, toiletries and cosmetics doesn’t require a chemistry degree or an expensive laboratory.

It’s an extremely high profit industry with profits margins between 500 – 1000 %, very little competition and very low start-up cost.

Sam Stein is a retired chemical engineer from Australia.
He is the founder of AustraLab Australia, a unique business concept which reveals the secrets behind the chemical and cosmetic manufacturing industry.

Starting a Homemade Pasta Making Business

67Starting a Homemade Pasta Making Business

The first thing that you should know if you are starting a homemade pasta making business is the basic process of making fresh pasta. This kind of pasta is made from fresh ingredients and has a shorter shelf life compared to the commercially made or dry pasta.

Manufacturing fresh pasta is better because the business owner can tailor fit it to the consumer’s needs and demands in terms of the shape, size, color and flavor of the finished product.

Below are some suggested steps in starting a homemade pasta making business, categorized into: Initial Stage, Regulatory Compliance and Marketing.

Initial Stage

• Create and perfect your own recipe that you think will sell and will come out the same way every time you prepare it. Have your family and friends taste them and ask for feedback.

• As in any business, when you are starting a homemade pasta making business, prepare a business plan which would contain the goals and business projections that you have set. This will guide you in the actual running of the business and to help you gauge if the business is doing good or not.

• Purchase your ingredients and supplies like bags and packaging supplies. Decide on how you intend to package your homemade pasta. You could pack it in a freezer-safe bag where the consumers can freeze it, refrigerate it or eat it immediately. It could also come in cellophane bags. You could search online for bulk suppliers for these items. You will be able to save money and will help create a professional and consistent look. Design your own labels on your computer and print them out or you could ask a professional designer to create them for you and order your labels in bulk. Make sure to include the cooking and serving instructions in the labels.

• Purchase equipments that you don’t already have to make the preparation of large batches of your recipes a lot faster and easier.

• Determine a wholesale price list for all your products. Factor in all the cost that you will be incurring in producing you homemade pasta like the ingredients, facility cost, packaging and labor cost. This should be drawn up in a spreadsheet form which would include the retail as well as bulk prices for each of your product. This information will be useful to your future retailers because it will show the proof of the profit they will be making if they sell your homemade pasta in their stores.

Regulatory Compliance

• Since you will be starting a homemade pasta making business and producing a food product, you need to get in touch with your local and state health departments to inquire about permit and licensing requirements.

• Make sure that you could sell the products that are produced from your home kitchen because different states have different laws regarding homemade food products. These information are available online from your state’s Department of Health website or you can ask for a copy. Try to check on local zoning laws if operating a business from your home is allowed. As of 2010, only 13 states allow the operation of home-based cooking business and they are: Alabama, Iowa, Indiana, Kentucky, Maine, New Hampshire, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia and Utah. So it is important that you check into these before starting your business.

• Most states allow the sale of homemade food products at farmers’ markets and flea markets without the necessary state licensing and inspection. They allow the sale of these products at these places only. Before starting a homemade pasta making business and deciding to sell your products in these venues, make sure that your state does not have any label requirements, like this label for example, “Made in a home kitchen and not inspected by the (insert state) Department of Agriculture.” The label should indicate the product name and the ingredients that you used and check the cottage laws of your state about the requirements of home labeling.

• Most of the home based cooking operations are either sole proprietorship or partnerships. If you plan to make your business as a source of livelihood, a DBA (Doing Business As) license would be the best route if you will name your business. As of 2011, the registration fee is between $25 and $35. The DBA registration is not required though if your business name contains your legal name. Your state may also have other food processing licensing regulations which are peculiar to your homemade pasta making business.

Marketing

• Your main competitor in the homemade pasta business is the commercial pasta. Therefore, it is not a good idea to compete with these manufacturers in the supermarkets and groceries because this is not the right avenue to sell your products. You must do the traditional and tried and tested marketing strategies to attract your customers like posters and handing out flyers. Make your business be known in your community by giving out samples of pasta dishes with your fresh pasta or give them for free at community gatherings or meetings. It is also good to custom-made your fresh pasta during these events in order to cater to the individual needs of the customers. If you are into making healthy pasta, you can try selling your products at your local health stores.

• Other possible places to sell your products are the local farmers’ markets, craft fairs and flea markets. A lot of people like the taste of homemade goods like fresh pasta but just doesn’t have the time to prepare them themselves. You can give them that homemade taste that they are looking for. During holidays and special occasions, many people love give local and homemade food products as gifts.

• You can also market your food products by creating your own brochures, catalogs and price lists and offering your products at retail outlets that sell local products. Draw up a list of your target retailers in your community with the name and contact information of the person who is in charge of purchasing.

• Try to ask if your local Italian restaurants purchase pre-made pastas because this could be a possible joint venture between your business and their restaurants.

• The internet is also a good venue to feature your products on a national scale. If possible, you could build your own website to help your business grow.

Hope these steps will help you in starting a homemade pasta making business.

Ms. Pinky is a mom of 3 school children. She is an Internet/Affiliate Marketer. A Systems Engineer, an Independent Medical Billing and Coding Consultant. And her blog focuses on stay-at-home moms, dads and students who wants to work at home, build homebased business.