How To Price Your Candles For Profit | Step By Step: How To Figure Pricing For Wholesale and Retail!

One of my most asked questions or questions I see in candle groups is probably "how do I price my candles?" I've been meaning to make this video for AWHILE and glad I finally did! I'll walk you through step by step how to calculate your cost of goods (COGS) what costs you should be calculating for your candles, how to price them for both wholesale and retail, and even showing you a FREE CALCULATOR from ‪@StandleyHandcrafted‬ that does most of the work for you! Here's a link to the calculator: https://www.westsoundcandlesupply.com... If no one has told you today, I'm always rooting for you friend! Let's Hangout Between Videos! Website: https://the1994candleco.com Instagram:   / the1994candleco   Facebook:   / the1994candleco   Tiktok:   / the1994candleco   ________________________________ *Stuff I Use For My Business (Some links are affiliate links which help my channel and business grow at no extra cost to you!)* Photo Surfaces For Product Photos: Replica Surfaces: https://www.replicasurfaces.com/the19... Use Code: "1994CANDLE" at checkout for 15% off your purchase! Digiboil 45lb+ Wax Melter: https://www.kegoutlet.com/wax-melter-... Black Neoprene Jacket For Digiboil: https://www.kegoutlet.com/neoprene-ja... ToAuto Wax Melter: https://amzn.to/4aaXSMP Presto Pot Wax Melter: https://amzn.to/402Bscx Shelf I Use To Hold My Presto Pot: https://amzn.to/40AtYNB Matte Black Candle Tins: https://amzn.to/40xiV7W Matte Black Candle Jars: https://calcandlesupply.com/13-5-oz-m... Wax Melt Clamshells: https://amzn.to/3lCYSGq Wax Pouring Pitcher: https://amzn.to/3JFyjsj Matte Black Room Spray Bottles: https://www.premiumvials.com/4-oz-mat... Digital Thermometer: https://amzn.to/40hmFuO Piston Funnel I Use For More Precise Filling: https://amzn.to/40JDNsj Glass beakers For Measuring Fragrance Oil: https://amzn.to/3JHNtgG Glassine Bags For Wax Melt Samples: https://amzn.to/40c3C4N Square Mold I Use To Make Wax Melt Samples: https://amzn.to/3LP92i0 Large Bottles for Pre-Mixing Fragrances: https://amzn.to/3LM9Q73 Glass Stirring Rods: https://amzn.to/40tP15b Pipette Droppers: https://amzn.to/3lGX5jy Funnel Pitchers For Making/Pouring Room Sprays: https://amzn.to/3FQpZot Funnel Set For Pouring Room Sprays In Bottles: https://amzn.to/3K3f6Sy Polymailer Bags I Use To Ship Wax Melts: https://amzn.to/3ZdLMgw White Honeycomb Packing Paper: https://amzn.to/46iassy Kraft Honeycomb Packing Paper: https://amzn.to/40vMWoS Krinkle Paper: https://amzn.to/3PKs9Kg Postcard Paper I Use To Print Candle Care And Thank You Cards: https://amzn.to/3LOJiSX Packing Paper To Wrap Candles With: https://amzn.to/44SuzwX Shipping Scale (Would not Recommend For Weighing Wax\Fragrance): https://amzn.to/3Zf6KLS Rollo Thermal Shipping Label Printer (The One I Use): https://amzn.to/3ZeOSkk Rollo Thermal Shipping Label Printer (Newer Wireless Version): https://amzn.to/3JIfJQj Rollo Thermal Shipping Labels: https://amzn.to/3lzVexd Rotating Pegboard For Holding Wax Melts (Holds About 120 Wax Melts): https://amzn.to/42CcIcG Pegboard Hooks: https://amzn.to/40Aq6fx Acrylic Sign Holders: https://amzn.to/3rRXEKm Tent I Use For Events: https://amzn.to/44U5WzS Foldable Wagon For Transporting Things During Markets\Events: https://amzn.to/3Kfs28h Thank You Bags For Events: https://amzn.to/40d3MJc Money Bags For Events: https://amzn.to/3K6g7ti 6 Foot Folding Tables: https://amzn.to/45c058U 6 Ft Fitted Tablecloths For Market/Event Setup: https://amzn.to/3ZdENnO Where I print all my business cards/signage etc: https://www.vistaprint.com/ All The things I Use For Product Photos: Hard Foam Photo Props: https://amzn.to/3rQmXwv Camera I Use For Product Photos: https://amzn.to/3no0i8G Updated Version Of The Lens I Use For Product Photos: https://amzn.to/3LOHGrY Lights I Use For Filming & Product Photos: https://amzn.to/40vOm2G Stuff I Use For Youtube: Where I get my music for videos: https://share.epidemicsound.com/axc08j Camera I Use For Filming Videos: https://amzn.to/3JJ4QO1 Lens I Use For Filming Videos: https://amzn.to/3lDeb1M ________________________________ DISCLAIMER Always make sure to test your candles and never just use my (or any one else's) process without testing. Every wax, wick, and fragrance combo can and usually will change your entire candle! You MUST test before selling your own candles. #the1994candleco #candlemaker #candlebusiness #smallcandlebusiness #learncandlemaking