Wednesday, April 29, 2009

Candle Making Business

Only experienced candle makers will tell you that there is a lot of fun in making candles. After perfecting your basic candle making technique, you can start to produce truly beautiful, high-quality candles. To have other appreciating your candle making techniques, you can give them away as gifts, or sell them for a profit. Now after perfecting your candle making techniques, remember not to quickly to turn your hobby of candle making into a candle making business.

Before you decide to give up your day job, you should take the time to learn about marketing, purchasing supplies at the lowest possible cost, customer service tactics (as your customers are your business), and learning how much you should charge for your candles. If you set your price too high, no one will buy them, if you don’t charge enough, you won’t be able to recoup your costs, and won’t earn a profit.

Candles are very popular everywhere, especially those decorative and scented candles which are widely marketable. Now you need to let people know that you have supplies of candles for sale.

Advertisement is the quickest way to let the market know that your candle making business exists. There are many ways on selling your candles such as treating it as a home business, from a brick and mortar store, mail order, online through a website, eBay, etc.

You have to decide which method work best for you to sell your candles. After that, it would be time to start advertising your business that suits your platform. If you are starting a home business, then you would want to advertise in the local newspapers, fliers with special offers. Consignments supplies in gift shops and convenient stores can bring a consistent demand for your candles. Make your presence in local trade shows and craft centers would certainly help. You can check out ongoing events in your area via the internet.

You probably need to consider selling your candles online as another avenue. To have your business online you need to learn online advertising which you can do yourself otherwise engage some experts to do it for you. Online advertisement can be expensive. Some of the upfront cost are website development service charges, payment options hosting fees etc.

Another avenue for selling your candles is on online auction sites such as eBay. You will need to take good pictures of your candles, and put up some good descriptions of them. Once you establish your reputation in candle making as a business, you will really start seeing the orders coming in.

To be really successful in your candle making business, you need to know how to price your candles. Your sales of candles will have to cover all your outgoings such the cost of your supplies, internet fees, etc., plus turning some sort of profits for yourself. However, you need to try out, first making some errors then seeing what is right for you. There is no quick rule here.

Once you know about the pricing, advertising, etc., now you have to just provide high-quality products providing value to your customers. This will be the key to your candle making as a business , and once you master this, you stand to have a long-term candle making as a business that will make you a nice yearly income, all from doing something that you love.

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