Candle Making and Soap Making

Make Money Selling Candles | Money Making Ideas

By Wilfrid Baptiste on | From yourfinishrichplan.com

There are many paths that can lead people to starting a home business, from a layoff of a midlife decision that a career change is in order. Most people, when they take the decision to launch a business that would allow them o work from home, focus on the money-making potential of the various business opportunities out there. Yet there’s one crucial component that they often leave out of the equation, one that is just as important as “How much money can I make?”. That question is “Is this something I enjoy doing?”

So when you’re looking for money making ideas, you might want to look into what you love doing. This in turn will allow you to excel and set yourself apart from the competition. One of the popular ways to make money online is the business of making and selling candles over the Internet. While some people don’t quite see where the profit potential is, in reality this is a business where you can earn a comfortable living by selling those products all year long, with sales spikes at Christmas and in the lead-up to Valentines Day.

When it comes to how to start a candle selling home based business, keep in mind that there are many different ways you can make money with this venture.

Make your own candles and sell them under your own company name. If you’re going to do your own selling it’s important to find the right location. You want a market where people come with the intention of buying, not just shopping. The open air markets at shopping centers, malls and on college campuses are the best places for doing your own selling.
Buy wholesale candles and sell them for retail value if you aren’t the creative type. Many candle companies are happy to sell them in bulk at a large discount. Then, you can resell them online, on your personal site or on a site like eBay, or you could set up a booth at a local fairs, shopping centers, malls, and colleges.
If you have no problem with MLM, you can build your business by signing on with one of the candles business multi level marketing companies. With an MLM company, you’ll gain all the years of experience from that company and have a support team to help you all the way. You’ll also be able to sell high quality candles backed by a large company’s success and guarantees.

What are the startup costs?

Do you want to make paraffin candles or natural beeswax candles? A paraffin candles starter kit will cost less than a beeswax kit, but the difference isn’t really that big. The choice, though, is up to you, as beeswax candles will attract a higher caliber of customer who will pay more for the finished product, as opposed to paraffin candles. All in all, here’s the equipment you’ll need: paraffin or beeswax to melt down, molds, wicks, dyes, scents, and a pan to melt the wax. Most of your expenses will go towards the molds: some of them can run as high as $20 each. $200 should be enough to put you in business but you will still need to consider a computer, office equipment, and perhaps even candle making software if you intend to take your candle making business to a profitable level. If you don’t already have those, you’re going to have to factor them into your startup costs.

Recommended Experience, Skills and Training

All you need to start a candle making home business is to just start making candles. Attending craft workshops on candle making in your area can certainly help by putting you in the right direction, but nothing beats hands-on experience. Using candle making software can cut down on how long it takes you to learn how to make great candles, but a little practice will probably allow you to achieve the same results.

Marketing Tips

You will definitely have to rely heavily on word-of-mouth to be successful in this business. Your past customers will be your primary source for new customers, so it’s important to keep them happy by delivering them top notch products. Small shop owners are ideal targets in that they have a personal relationship with their customers: you should try wholesaling your candles to them; so with that in mind, you should always collect their business cards and never be afraid to just call them up and see if they might be interested in selling your fine candles in their shop.

Now you might not want to wait until you have a little experience and success under your belt before you move on to this, but candles tend to do quite well at Christmas craft fairs and other such venues. The reason why it’s suggested you gain a little experience (and have a bit of money to invest) is that you will need to rent a booth for a day and try to sell your candles to the public, and you’ll probably need to hire some (cheap) labor to help you. But, if you make quality candles and are good with people, you’ll have no problem coming out ahead.

Financing Sources

One of the main attractions of starting a candle making and selling business is that it costs very little to start. So you don’t really have to worry about where you’re going to get financing. Actually, your biggest expense will be at the beginning, as you’re learning to make the candles. It will take some practice, and you’ll make mistakes. Fortunately, even your worst candle failures can be repaired: you just melt them away and try again!

Income Potential

As for income potential, I don’t think anyone in their right minds expects to become a millionaire making candles and selling candles, but you can definitely earn a living at it if you approach it in a business-like manner and are determined to succeed. A candle business operated part-time might earn you $10,000 to $25,000 per year. If you want to take it to the next step and make it a full-time thing, then there definitely is the potential to earn $50,000 or more per year if you are dedicated and good at what you do. No matter how much you intend to earn, the fact remains that learning how to start a candle making business could be the first step in a long and rewarding career path that pays you to do something you love!

Money Making Ideas

Money Making Idea 1: Sell Candles to Romantic Couples. This is a great niche opportunity, especially since you don’t have to limit yourself to candles. You could sell them as part of a kit that includes love coupons, poetry, romance tips, romantic music or DVD, message and bubble bath supplies, or anything else you can think of. (Valentine’s Day could potential be one of the busiest times of year for your business).

Money Making Idea 2: Sell Candles for Séances, Spells, & Rituals. People who take part in séances or Wicca spells might want a few candles from time to time. You’d have to know if there are specific kinds of candles of a certain color or shape that are required for use in these circumstances.

Money Making Idea 3: Sell Candles for Halloween (or Other Holidays). People could use them for fake séances, wee gee board uses, or to set a scary party or horror movie night mood.

Money Making Idea 4: Sell Candles for Relaxation. When someone wants to take a bubble bath and dim down the lights, your candles could be setting up a stress-free environment for their enjoyment. You could combine your candles into a package with: a soft music or soothing sounds CD, bubble bath and message supplies or other pampering supplies, a stress relief ball that you squeeze between your hands, or any other popular relaxation and stress relief items you can think of and make yourself or buy in bulk.

Selling candles, whether you make them yourself or buy them, is an idea that practically everyone who wants to start a home business comes across. If you’re interested in dipping your toe into this lucrative business, all you have to do is use your imagination, research your niche potential and dive in.

Technorati Tags: bella mia candles, how to run a candle selling business, how to start a candle making business, make money, make money on ebay selling candles, start a business, work from home