April 11, 2011
Do You Know The Cost Of The Oil in Your Alabaster Box?
Several "Christian" stores sell anointed oil for ridiculous amounts. A 1/4 ounce bottle of one particular oil cost about $5. I had to check out the label and see what exactly one was getting for five bucks. Olive Oil and Fragrance. That's it. Ponder this, I can run to the nearest Dollar Gen and get an 8.5 oz bottle of (food grade) olive oil for $2. That's not the worst of it. Olive Oil has an extremely short shelf life. The stuff goes rank after about 3 months. Most people will not use that bottle of oil up before it goes rank.
I did a rough calculation of what the oil cost to make (based off of what supplies would cost me at non bulk rates). The most expensive item was the 1/4 ounce glass bottle and that cost 36 cents. 7 cents worth of olive oil and a generous 8 cents for fragrance for a total of 51 cents per bottle. Ok, I'll give the company 30 cents for shipping, so 81 cents. That's a 600% mark up. INSANE!
That said...one of the services we offer at Frugal Fragrances is the production anointed oil. Saturday, I completed an order for 50 bottles of anointed oil. We use fractionated coconut oil because it has a much longer shelf life (2+ years) and is non-staining.
For the anointed oil order I just completed, I made fifty 1/2 oz. bottles for $ 40. That included the cost of the bottle of fractionated coconut oil ($16), 50 plastic 1/2 oz bottles ($0.18/bottle), and $15 dollars shipping. That's 80 cents a bottle. Twice as much oil and an oil that will last at least 8 times longer.