If you have a business that uses or retails cosmetics, skin care, makeup, bath and body products, hair care, toiletries, etc., have you ever wondered:
Who is really making a profit?
Of course, it’s the cosmetic makers – they’re among some of the richest conglomerates in the world.
When you consider that a hair, skin, beauty, body, or bath product that retails for $ 50 costs between 10 cents and $ 3, it’s easy to see how these companies get so wealthy.
So what’s stopping you from making private label cosmetics? Why not make your own cosmetic and beauty products and label them to suit your business?
You don’t need to hire a lab to make it for you, this will only dilute your profits. Making cosmetics is easy – its many benefits include the ability to make only what you need, without the expense of minimal orders. You can control the quality of ingredients, including essential oils, plant and fruit extracts, fragrances, etc., and make products that are even higher in quality than the major manufacturers.
You’ve probably heard a lot of myths about making your own private label cosmetics:
1. You need an expensive lab
Is not true. You can make private label cosmetics, makeup, skincare, haircare, and toiletries in your own home, workshop, or store using inexpensive, basic equipment.
2. Professional-quality prescriptions are prohibitively expensive: The industry average fee for a cosmetic formulation starts at $ 400.
It is true that buying private label cosmetic formulas is extremely expensive. Buying multiple formulations doesn’t have to be expensive; in fact, it can be very profitable.
3. You must be a cosmetic chemist and have a degree in science or chemical engineering to be able to manufacture private label cosmetics and toiletries.
Is not true. If you can follow simple directions, you can easily mix the necessary cosmetic ingredients to make lotions, creams, liquids, gels, foams, and any other form of cosmetic, beauty, or toiletry product. Of course, you must use professionally formulated cosmetic recipes; homemade or artisan formulas are not suitable for wholesaling or retailing.
4. You need permission from the FDA to be able to manufacture private label cosmetics for wholesaling and retailing.
Fake. The FDA only requires that you follow certain simple rules regarding correct labeling and use of approved non-pathogenic cosmetic ingredients. You do not need a permit or license from the FDA. This misinformation is just another example of multinationals trying to maintain their dominance over this mega-profitable industry. If you use professionally formulated cosmetic formulas, you are complying with FDA regulations.
Manufacturing private label cosmetics can add a new and highly profitable dimension to your business. You can even offer your services as a private label cosmetics manufacturer to other hair, beauty and spa salons, pharmacies, and a wide range of retailers.