Startup Cost: Low
Earnings Potential: Part
Time
Special Knowledge or Skills:
Low
Have a Business Plan:
As
with any business you need to have
a plan. Click here to get your Candle
Making Business Plan
How to Start:
Learn how others are earning extra
income with candles!!!! The candle
industry is a multi-billon dollar
business, there is plenty of money
to be made if you are willing to put
some time and work into your business.
You can start your business with a
few hundred dollars. We started just
a few years ago as ebay sellers with
less than $300, it can be done. This
is not a get rich quick scam, it does
require hard work. If you want to
be self employed and are willing to
put in the time below are a few ideas
on how to start a candle business......
CANDLE ROUTE
Visit a set number (3,5,10,15 etc..)
of salons (hair, nail, etc.) and stores,
ask if you can place a display stocked
with candles and accessories in the
salon for a percentage of the sales.
If yes, place a display with 75 candles
and accessories. Visit salons weekly
for inventory. When you check your
display stand, you find 55 candles
and accessories remaining, you have
sold 20 candles/accessories that week.
Owners at the retail location will
sign an inventory control form stating
the amount sold or stocked and are
responsible for any unaccounted candles
or accessories and will pay you accordingly
minus a commission to the store..
Restocking of 20 candles will again
give you a total of 75 candles on
your display unit. You set the commission
to the store owner, most stores will
accept a 30% to 40% commission.
REAL ESTATE AGENTS AND LANDLORDS
Scented candles make excellent house
warming gifts. Visit your local Apartment
Complexes and Realtors, sell candles
in bulk. You pay wholesale price for
the candles and resell with a profit
margin that you set.
CANDLE PARTIES
In the past few years this activity
has become very popular. It’s
another way to generate additional
income. Candles parties work very
similar to a Tupperware or Avon parties.
The events are basically a gathering
of guests where you would present
the products. You would show a few
samples, hand out samples, and explain
the products to the group of guests.
This marketing style is very effective.
All of these “parties”
are held in groups where one guest
initiates a purchase, others feel
obligated or just want to be involved.
Studies show most people who make
a purchase will buy 3 or more items.
Your guests are a captive audience
motivated to making a purchase. The
items you are selling are disposable
so you will be building a client base
that will be coming back again and
again. From your client base you can
get referrals, that is how you can
network your business. These individuals
will re-order your products once they
have tried your product, they have
your contact information so they will
return for reorders. Now you are in
a position where re-orders are simple.
If you choose to get involved with
this marketing strategy, you should
ease into it.
First you should start by setting
up a plan for these parties. Than
set up how you are going to invite
your prospects. Your first few parties
should be in a comfortable environment
with guests you know, friends, neighbors,
and relatives. You start this way
for many reasons. First, if this type
of activity is new to you, you can
practice on your presentation, you’re
planning, ETC…. Secondly, your
prospects are probably comfortable
with you and thus will all purchase
anyway.
After your first few parties you
should prepare other events with local
organizations you are involved with.
Example; Your church, your co-workers,
etc.…
SWAP MEETS & FLEA MARKETS
Swap meets & Flea Markets is
another way to generate additional
revenue. What makes these gatherings
so attractive is the amount of people
that go these events. What they are
there for, and the perception that
they are getting a bargain. How most
business people start off is small
and economical. You start renting
a small table, section, or booth.
Try to be located some where in the
midsection of the show. It may be
a little more expensive but what you’re
looking for is traffic. You never
want to be at the beginning because
common buying psychology is “lets
look around first”. Your selling
price should be less than local stores
in your area. Make sure to advertise
the discount you’re offering.
Example: 30 to 50%off or, 30 to 50%
off store prices. Always use word
like ___% Off, Discount, Discounted
Candles, Special Price, Etc. On your
signage. Always remember GAUDY IS
GOOD when making Signs, or even advertising.
Ebay
Ebay is a low cost way of selling
merchandise. The key to making money
is finding products that people want
and that you can get cheaper than
others. People want candles and our
products are truely wholesale. Start
by registering with ebay (it is free).
We suggest opening a Paypal account
so you can receive payments fast.
Make your ads appealing to the eye,
included detailed descriptions and
pictures. Use the gallery feature
to enhance your ad, people are less
likely to visit your auction if they
do not see a picture in the list of
auctions. Be persistent, not every
auction will sell. You may need to
try several different designs before
you find one that works. Visit other
ebay sellers with high positive ratings.
Learn from the people who are selling
the most, Power Sellers!!!
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