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  1. #1
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    Default Interesting story of candle business

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    Hi all,

    I just read this article from 1971 on candle making

    http://www.motherearthnews.com/moder...#axzz2LL6TK3xC

    Do you think this business model would work today or would you prefer to price higher and have to sell less for the same profit?

    Hope you find this article interesting, and sorry if it's been posted before.
    Please come see me on:

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  2. #2
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    jysmith_uk is offline Senior Member 100+ crafts club
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    Hi Anna Rose,

    really interesting article - thanks for sharing it

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    I think the main thing is to get your prices at the right level to sell. Although there is a lot sense to the general formula of cost x2 for wholesale and x2 again for retail it doesn't always mean you will be able to sell at that price in your market. At xmas especially people generally have a set price in mind for presents. They may be aiming to spend say, 15 per person and you may have just the thing for them but it's 20 ! So you loose the sale. Very often sellers have some great feedback from customers but this doesn't mean sales. Knowing you market and pricing accordingly could mean the difference between making money or not.

    Melanie

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    Great Article! Thanks for sharing :-) I agree with Melanie - pricing is such a tricky thing to get right. Just make sure you are always making a profit and you leave enough money to market your products so customers can find you!
    Victoria x

    Founder of The Keepsake Co , Lover of all things creative and proud mummy to one. I'm on a mission to "baby proof" my income and help other mums do the same so feel free to join me here :-)

    w: www.TheKeepsakeCo.co.uk
    f: www.facebook.com/thekeepsakecompany
    t: www.twitter.com/thekeepsakeco

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    holehouse is offline Senior Member Super Big Crafter
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    Thanks for this, it's really inspirational but someone tell me why I kept thinking about Spencer while I was reaading it!

    Isabel

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    Is he locked in the cellar as well?
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    Hi Anna,

    Nice article; did you see the one about Rachel Vosper recently? Belgravia. Have you seen her prices?!!!!

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    holehouse is offline Senior Member Super Big Crafter
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    Quote Originally Posted by Anna Rose View Post
    Is he locked in the cellar as well?
    Probably not but maybe he will be after the tea light judging!

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    She's my inspiration!!!

    Quote Originally Posted by DaCosta View Post
    Hi Anna,

    Nice article; did you see the one about Rachel Vosper recently? Belgravia. Have you seen her prices?!!!!
    Please come see me on:

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    Quote Originally Posted by holehouse View Post
    Probably not but maybe he will be after the tea light judging!
    I have a straitjacket at the ready.

    Off to read the article as soon as I get these pesky kids fed and off to their beds

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