Global Shortages - What do you do?
We get to work with some of the world’s most amazing natural products. Think things like Shea Butter, Argan Oil, Lavender Essential Oil and even Cranberry Seed Oil. I find it just amazing. However, as all of these are natural products, there are some years when the supply is leaner than others. So I want to know, what do you do when an item that is part of your line is having a global shortage?
Consider this, if you have a product line that is reliant on Lavender Essential Oil, what would you do if there is a global shortage? How do you cope? How does it effect what you do and what you sell/market?
Every year we see a few things on the market that are having global shortages due to bad weather, disease, poor crop yields and even politics. This year we have seen a decrease in the availability of citrus oils due to a disease attacking the citrus trees. We have seen a global shortage of Seabuckthorn Oil due to frost and we have also seen a shortage of Organic Rosehip Oil. It is always a disappointment to see these items struggle because they are such wonderful products and we always want to have it available. Alas, that is not the nature of natural products.
We want to hear from you. Tell us how you deal with global shortages! We want to hear. Just comment on the blog and get a chance to win some goodies from my private stash.