Wholesale Candles, End Run, and Skid
To get candles at really good prices some buyers purchase the end run of a manufacturer’s product meaning the end run of production on an item. It also means the end run of an importers style that he wants to clear out for other products to be sold.
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If you search candles skid you can locate some super deals. For example, 16 oz., scented, long burning candles that at retail go for $7.00 to $10.00 for $1.76 per candle. These are closeout items that have 12 in a case and the skids hold 84 cases. If you only buy one skid the cost is $2.10 per candle and it goes down.
It is clear that if you find your candles by the skid or get end run candles you can purchase them at a steal of a price. This puts you in a great position to compete with other retail candle sellers. The better deal you get, the more competitive you can be. Of course, you don’t want to sell too low because you need a nice profit margin to stay in business. But you can check on the going price range for your soy candles, wedding candles, pillar, and other kinds of candles. Then you can decide where in that price range you want to be.
The old adage buy low and sell high is still workable, but don’t sell too high and lose business. Adjusting your prices to the needs of today’s consumer is advisable.