Anyone know much about essential oils/diffusers? health/wellness benefits, personal experience? sources? etc..?
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Free registration at the forum removes this block.Anyone know much about essential oils/diffusers? health/wellness benefits, personal experience? sources? etc..?
I have been thinking about them too lately.
Primarily because a few varieties of them are suuuppper cheap to source from this part of the world (India). Also because I have inherited farm lands which are not making much atm (growing mustard/wheat)
I am also thinking about cold pressed wheatgerm oil manufacturing & branding. 100% organic. Maybe if I vlog about the entire process and have a third party lab test my stuff I can sell it at a premium to overseas customers.
I already have farms in North India producing about 30,000 kg (66 thousand pounds) of wheat annually, so I already have the raw material for wheatgerms oil. Typically you can extract oil that is equivalent to 1.5-to-2% of the weight of the raw material.
So if I setup shop, I can produce about 500-600 litres (130-160 gallons) of wheatgerm oil annually. I can retail it for about $1/fl oz, so in total I would be looking at $18k worth of wheatgerm oil. All this from my farms without buying raw material from third party.
I would still have to take into account the cost of setting up expellers etc. I already have dropshipping experience to international customer base.
EDIT 1: Dug a little more and found out I can outsource even the growing part for $22-$25/100kg wheat (good quality).
I think you should give it a go. I am heavily engaged in the wellness community with an affinity for nutrition.
I would say organic oils and herbs are best and can command a premium price.
Interestingly enough I too have some land in Southern Europe that could be well suited for growing some herbs as well so this has been a thought. (Not wheatgerm though)
There is a growing tend toward alternative therapies so I think timing is good.
Obtaining certification of organic can be difficult and I'm not sure if there is a governing body in India for that.
How did you arrive at calculations to understand how much you raw product you need to create X amount of end product?
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