Dr Lipp's Nipple Balm for Dry Skin, Luscious Lips and Glossy Bits, $16.50, is a product name that you won't forget anytime soon, but it might leave you wondering what this beauty item does. Is it for nipples? For lips? Truth be told, you can use it just about anywhere. Read on to learn more about this balm.

From Nipple Balm to Lip Balm
Nursing mothers have long been known to use lanolin to soothe their sore, cracked nipples. Dr Lipp's founder Pontine Paus suffered from dry, rough hands, and no treatment would help. Finally, a friend recommended that she try nursing lanolin, and the thick cream healed her hands.

Soon, Paus realized that the lanolin cream was useful for all sorts of applications, including as a lip balm. Thus, Nipple Balm for Dry Skin, Luscious Lips and Glossy Bits was born.

Natural Healing
This balm is made entirely from lanolin. Also known as "wool grease," lanolin is a substance secreted by sheep. It helps keep their wool water repellent. The sheep that produce the lanolin for Dr Lipp's roam free-range in Australia.

This particular beauty product is pharmaceutical-grade lanolin. That just means that it's been refined, which helps remove the natural odor.

Makeup Helper
One little tube of this balm has uses all over your body. Once you get your hands on some, you'll soon find yourself applying it from head to toe.

First of all, it's absolutely amazing for lips. Swipe one coat on, and the moisturizing properties will last for hours. Regular use can help heal any dry, rough skin you have on your lips. Plus, beauty mavens like to apply a coat under their lipstick to help the color hold all day.

Eye makeup fans love this balm, too. A quick swipe of lanolin over your eyelids will give them a glossy shine. For a fancier look, mix eye-safe glitter or pigment into the balm and use it as an eye shadow.

While you're working with the cream near your eyes, be sure to apply some to your brows. It will help hold them in place all day long.

Could your cheeks use a touch of shine? Lip balm to the rescue! The same goes for dull nails that would benefit from a smidge of gloss. As an added benefit, it will keep your cuticles healthy.

There's always the use that got founder Pontine Paus hooked on lanolin in the first place: It's a fantastic skin moisturizer. Beauty bloggers know that just as lanolin works to keep moisture off sheep, it can also form a barrier to protect your skin and hold moisture in. It can even help heal little cuts or cracks.

Of course, if you're a nursing mother, you can use Dr Lipp's Nipple Balm for its original use too.