30. Peace Organics
Peace Organics provides soy candle and gift boxes with a magical twist. The jars include visuals like skulls and birds rather than simple labels that include the scent of each candle.
How do I start a candle business?
Before starting a business, you need to choose a niche and name that will help you stand out. For example, some companies specialize in making them eco-friendly. Others want to make decorative candles for wedding centerpieces. You can even make candles with funny names. Start by finding a name that describes your offerings. Once you do that, you need to reserve a website, Etsy page, and social media accounts for your candle business.
You also need to source material when you start manufacturing candles. This may include soy, beeswax, gel, wicks, scents, dyes, glass jars, labels, and packaging supplies. After you get started, practice and perfect your techniques as you develop a line of scents or specific products. Many candle makers simply run their business from their own kitchen or home office. Home candlemaking generally requires a stovetop to heat soy or wax. Then you can set up everything you need for manufacturing on your countertops.
Then it’s time to set up your Etsy shop, website, or decide where else to sell your candles. For example, you can research local gift shops to form wholesale relationships with or craft fairs throughout the year. You can sell products using multiple methods. Then make sure you market your business on social media, online ads, or promoted product listings. Branding candles with logos and other design elements are also essential.
As you run your shop, you’ll need to make systems for managing finances and continually updating your product listings. You also have to keep making more to support your inventory. And make sure to invest in shipping supplies to get your products safely to your customers.
Business owners can learn even more about starting a candle business at the links below:
- How to create a business name
- Craft business names
- How to start an Etsy business
- Etsy seller apps
- Craft selling sites
- Starting an eCommerce business
How much does it cost to make a candle?
The exact cost of candle making depends on the supplies you choose and the amount you’re making at once. It is generally cheaper to produce them in bulk than to make a single candle. For example, making one candle may cost around $5 to $6. This means you need to start buying your supplies in bulk. If you purchase enough products to create a batch of 12 or more candles, each one may only cost around $0.50 to produce. Additionally, home candle making helps business owners keep overhead costs down.
Can you make good money selling candles?
Yes, you can make a profit selling candles if you work hard and price products correctly. Generally, a reasonable profit margin falls between 25 and 50 percent. However, you need to find places to sell them to consumers who are willing to pay your prices. If you do, you can start bringing in between $25,000 and $50,000 in profits.