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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
SPONSORS & DEALS
💼 View exclusive deals only for podcast listeners
***
WHEN YOU'RE READY
📬 Free Candle Business Supply List
🚀 #1 Candle Making Course
🧪 Mastering Wholesale Course
🧞♂️ Join the Inner Circle!
***
CONNECT
🐦 Free Facebook Group
📹 Subscribe on YouTube
📸 Connect on Instagram
***
SHOW LOVE
💜 Leave a review on Apple Podcasts
🟢 Leave a rating on Spotify
By Sabastian Garsnett4.8
4545 ratings
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
SPONSORS & DEALS
💼 View exclusive deals only for podcast listeners
***
WHEN YOU'RE READY
📬 Free Candle Business Supply List
🚀 #1 Candle Making Course
🧪 Mastering Wholesale Course
🧞♂️ Join the Inner Circle!
***
CONNECT
🐦 Free Facebook Group
📹 Subscribe on YouTube
📸 Connect on Instagram
***
SHOW LOVE
💜 Leave a review on Apple Podcasts
🟢 Leave a rating on Spotify