How much to charge for your handmade candles can be one of your first concerns if you decide to sell them. Pricing your candles might be challenging because you want to turn a profit while yet maintaining competitive prices for your clients. We’ll look at a few things to keep in mind while setting your candle prices in this article. What is the most widely used candle size? There is no one size fits all when it comes to candle sizes. The market you’re offering to and what your clients want will determine the most popular candle size. Larger candles typically cost more, but they also burn for longer. 4 oz, 8 oz, and 16 oz candles are some of the more well-liked sizes. To encourage buyers to try your candles before buying a larger amount, you might also want to think about providing taster quantities or tea lights. What size candle would be ideal?
The size of candle that is ideal for you will depend on your market, as was already discussed. When selecting a size, there are a few things to keep in mind. A bigger candle will typically cost more, but it will burn for longer. On the other hand, clients who wish to try your candles without committing to a larger size may find that smaller candles are a nice option. The size you select will ultimately rely on your target market and what they are seeking in a candle. Is manufacturing candles a costly hobby? Making candles can be a costly pastime, especially when you first start out. Supplies like wax, wicks, aroma oils, and containers are necessary investments that can quickly add up. However, as you gain experience, you might be able to come up with strategies to save costs on supplies. Costs can be decreased by, for instance, purchasing in bulk or using natural ingredients like soy wax. If you intend to sell your candles, you may also defray the expense of materials by charging a reasonable fee for them.
Is it less expensive to produce soy candles? Making soy candles can be less expensive than doing it with conventional paraffin wax. In comparison to other types of wax, soy wax is frequently less expensive and a renewable resource. Your candles will last longer since soy wax burns more slowly than paraffin wax. When creating soy candles, there are also more aspects to take into account. For instance, more fragrance oil might be required to get the same aroma throw as paraffin wax candles. Soy wax might also be trickier to work with than other kinds of wax.
In conclusion, setting a price for your handmade candles can be challenging. However, by considering your target market, the size and style of candles you are selling, and the cost of supplies, you will be able to set a price that is both fair and affordable for your goods. Keep in mind that while it’s necessary to turn a profit, it’s equally critical to maintain fair prices for your clients.