kforbs126 Posted October 29, 2013 Share Posted October 29, 2013 What do you guys do for costs of FO that are different? Obviously with different suppliers costs are different. Do you just average it out overall or do it individually? Quote Link to comment Share on other sites More sharing options...
SuzyK Posted October 29, 2013 Share Posted October 29, 2013 I use whichever is the most costly. Quote Link to comment Share on other sites More sharing options...
JI Posted October 29, 2013 Share Posted October 29, 2013 I average it out. Quote Link to comment Share on other sites More sharing options...
justajesuschick Posted October 29, 2013 Share Posted October 29, 2013 I chose an average price per pound and also tacked on shipping cost. Quote Link to comment Share on other sites More sharing options...
Candybee Posted October 29, 2013 Share Posted October 29, 2013 (edited) I use the actual invoice amount with shipping and calculate the average price per oz. Periodically I review the cost the same way to make sure I am accounting for price or shipping increases.Once I saw the real cost per oz I was spending on FO I learned to order more thriftly and stick to the smallest % of FO necessary to scent my candles. If it doesn't scent my candles at 6% (or 1oz pp) I move on to another FO. You simply can't stay in the business if you don't learn to cut costs. Edited October 29, 2013 by Candybee Quote Link to comment Share on other sites More sharing options...
cynthia3030 Posted October 30, 2013 Share Posted October 30, 2013 (edited) The cost of the FO plus shipping and then the average of those two factors. I have cut back a lot on the usage of FO and trying to cut back even more. I am trying to follow Candybee's suggestion and the suggestion of others who say that if a FO doesn't scent to my standards at 1 oz per pound, then move on to another fragrance because there are sooooo many to choose from. Edited October 30, 2013 by cynthia3030 Quote Link to comment Share on other sites More sharing options...
kforbs126 Posted October 30, 2013 Author Share Posted October 30, 2013 I just ordered from ICS and they are super cheap compared to some other suppliers I use. I'm a bit disappointed in some I just bought off etsy, out of 10 maybe 4 are good. Just hate wasting money on FO's if they aren't going to be good. Quote Link to comment Share on other sites More sharing options...
Guest OldGlory Posted October 30, 2013 Share Posted October 30, 2013 I average FO costs. For my wholesale accounts I only offer FOs that fall in the $1/oz range (which is pretty easy for me to do since I live so close to my primary supplier). When I buy 2 lb bottles I can get my FO cost down to less than 90 cents per lb but I still count that as $1/oz because I don't always buy the 2 lb bottle. Quote Link to comment Share on other sites More sharing options...
kforbs126 Posted October 30, 2013 Author Share Posted October 30, 2013 Also I'm a bit OCD so the reason I made this post was to see if anyone else calculates FO's individually. I have a spread sheet of every FO broken down by price + shipping = cost/per oz. Quote Link to comment Share on other sites More sharing options...
jenn624 Posted October 30, 2013 Share Posted October 30, 2013 I average mine. Quote Link to comment Share on other sites More sharing options...
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