Candle Business PRO
We break down candle pricing using real numbers, starting with true cost of goods and ending with a price that can support growth. We also explain why a simple multiplier often fails and how a clear customer avatar makes pricing feel obvious instead of stressful. • defining cost of goods sold for candles including materials and packaging • accounting for supply order shipping fees handling fees and tariffs • using software to track COGS pricing and inventory • avoiding random 2x 3x 4x pricing without customer data • choosing one ideal customer and pricing for that buyer • researching boutique price bands to set a realistic target • working backward to reduce costs while keeping perceived value • planning for overhead like markets payroll rent design and marketing • understanding keystone wholesale pricing at 50% of retail • deciding whether direct to consumer or wholesale fits the margins • using markets to test pricing fit versus customer fit Check out makersmanager.com to learn more. If I can help you with anything when it comes to your pricing, just leave a comment below. Send us Fan Mail [https://www.buzzsprout.com/2505721/fan_mail/new] SPONSORS & DEALS 💼 View exclusive deals only for podcast listeners [https://www.candlebusinesspro.com/deals] *** WHEN YOU'RE READY 📬 Free Candle Business Supply List [https://www.candlebusinesspro.com/free-checklist-of-candle-making-business-tools-and-supplies-podcast] 🚀 #1 Candle Making Course [https://www.candlebusinesspro.com/best-candle-making-course] 🧪 Mastering Wholesale Course [https://www.candlebusinesspro.com/wholesale] 🧞♂️ Join the Inner Circle! [https://www.candlebusinesspro.com/membership] *** CONNECT 🐦 Free Facebook Group [https://www.facebook.com/groups/candlebusinesspro] 📹 Subscribe on YouTube [https://www.youtube.com/@candlebusinesspro] 📸 Connect on Instagram [https://www.instagram.com/candlebusinesspro] *** SHOW LOVE 💜 Leave a review on Apple Podcasts [https://podcasts.apple.com/us/podcast/candle-business-pro/id1817473065] 🟢 Leave a rating on Spotify [https://open.spotify.com/show/0CvKE6uKHT2JIm3Rv2QUpd?si=2490aa7e71bc4283]
53 episodios
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