Things to consider: Essential tools

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zihadhosenjm40
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Joined: Sat Dec 21, 2024 3:33 am

Things to consider: Essential tools

Post by zihadhosenjm40 »

Things to consider:

Essential tools – i.e. wax, wicks, container/molds, boiler, scale, scents, oils, thermometer
Packaging – how will you protect your product and make it aesthetic?
Branding – what makes your candle business unique poland whatsapp number data trustworthy?
Marketing – will you start your own blog or YouTube, e-commerce store, or Etsy profile?
If you want some insight into how to DIY your own candles from home, in the below video Eric from Memory Box Candle Co details how she makes her soy wax candles for her small biz!


How To Price Your Products
The ultimate question from every small business owner, ever. How do you price your products?

Above, we talked about the two main ways to sell candles:

Buy wholesale and resell
DIY / Make your own
You could also consider dropshipping candles, as well, but that’s a whole other side hustle and business model (worth checking out, though).

If you go for route one and decide to buy candles in bulk and resell them, either under your own brand name or on behalf of the company, then you will need to consider the cost of stock, shipment, storage fees (if any), listing fees, packaging costs, etc, before setting your sale price.

You will probably make less money this way compared to starting your own candle shop. However, it’s still scalable and a profitable business strategy.

By making your own candles and selling them, you get to control the entire process – including costs.
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