How Much Does It Cost To Make A Candle In The Most POPULAR Jar? | Full COGS Breakdown

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  • čas přidán 7. 09. 2024
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Komentáře • 39

  • @MemoryBoxCandleCo
    @MemoryBoxCandleCo  Před 4 měsíci +7

    Here’s my referral link to Inventora if you need an inventory system:
    inventora.co/memoryboxcandleco

    • @maybellgreen
      @maybellgreen Před 4 měsíci

      Can inventora be used worldwide? I based in Accra, Ghana

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  Před 4 měsíci +1

      @@maybellgreen I just checked with Dianna (the creator) and she said yes! You can change the currency in the settings :)

  • @GarrickBrownArtStudio
    @GarrickBrownArtStudio Před 3 měsíci +1

    Thank you, thank you, thank you for this!! I am a numbers person and having an existing biz all of this makes perfect (SCENTS) 😂😂

  • @jantellfowler5883
    @jantellfowler5883 Před 4 měsíci +2

    Great info. I'm in The Bahamas and i order from Candle Science & Amazon and getting my supplies shipped the cost is crazy. But i'm finding ways to get things done much cheaper so i can give my customers the best price possible.

  • @selinablack296
    @selinablack296 Před 4 měsíci +4

    This was very informative. Thank you!

  • @kattaylor9294
    @kattaylor9294 Před 4 měsíci +2

    I LOVE Inventora! So So So much easier than a spreadsheet!

  • @stereorocks
    @stereorocks Před 4 měsíci +3

    What about labor cost? Overhead? Super important to include those in COGS to truly understand the all-in costs to make a finished candle 💯

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  Před 4 měsíci +1

      Absolutely!! I usually do (COGS x 4) + (10-20%) to account for additional costs! They was more of just a look into the actual material costs but I totally should have mentioned that in the video!

  • @scentedlegacy
    @scentedlegacy Před 4 měsíci

    Awesome, as always, Erica! I truly struggle learning about COGs, and I have started to ask questions because, on my own, I am getting nowhere. This is right on time. Thank you!

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  Před 3 měsíci +1

      I’m so glad! Inventora really does make COGS so much easier!

  • @debp878
    @debp878 Před 3 měsíci

    Great information. Thank you!

  • @ElondiaDenise
    @ElondiaDenise Před 4 měsíci

    Berlin Packaging & ULINE are good for these jars too!

  • @Jefwild
    @Jefwild Před 4 měsíci +1

    Thank you

  • @lyndaroot1384
    @lyndaroot1384 Před 13 dny

    do you calculate your shipping products?

  • @danagray-2222
    @danagray-2222 Před 4 měsíci

    How do you know when to double-wick a candle jar?

  • @daniellecarder3092
    @daniellecarder3092 Před 3 měsíci

    Fillmore is the way to go if anyone is interested in these.

  • @lemonysnicket1211
    @lemonysnicket1211 Před 4 měsíci

    Does anyone know a good & affordable fragrance oil website for the EU? It's really expensive here in The Netherlands...

  • @EnchantedMoonCandleCo
    @EnchantedMoonCandleCo Před 4 měsíci

    What size labels do you use for the 13.5 oz cali jars? ❤

  • @danagray-2222
    @danagray-2222 Před 4 měsíci +1

    Do you have candle math ex. In you EBook?

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  Před 4 měsíci +2

      I don’t because it’s actually about the business side of things instead of the candle making side ❤️

  • @triciasullivan3136
    @triciasullivan3136 Před 4 měsíci +1

    .87 for wax?! I chose the wrong wax 😅😅

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  Před 4 měsíci +5

      If it helps, we buy by the pallet and don’t have to pay for shipping because the manufacturer of the wax is so close to us 😅

    • @triciasullivan3136
      @triciasullivan3136 Před 4 měsíci +2

      @@MemoryBoxCandleCo It does help! haha
      I've heard manufacturers won't sell to non-supply companies. Do you just have a good manufacturer or do you think because of your proximity they were willing to sell a pallet?
      I'm also in Canada...so add on that $$ 😂

    • @hilaryquinn8673
      @hilaryquinn8673 Před 4 měsíci

      @@MemoryBoxCandleCoHow many boxes are on a pallet? Are they the 45 pound boxes? Thanks!

  • @crystalduke2705
    @crystalduke2705 Před 4 měsíci +4

    Fillmore is way way cheaper

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  Před 4 měsíci +6

      Good to know, I’ll do a shipping estimate with them to see!

    • @hilaryquinn8673
      @hilaryquinn8673 Před 4 měsíci

      When I looked recently, I feel like they had two different clear jars this size? Is the difference in the thread? Which do you like better from Filmore?

    • @hilaryquinn8673
      @hilaryquinn8673 Před 4 měsíci

      This was directed to @crystalduke.

    • @crystalduke2705
      @crystalduke2705 Před 4 měsíci

      @@hilaryquinn8673 I have the 9oz straight sided amber jar.

    • @crystalduke2705
      @crystalduke2705 Před 4 měsíci +1

      @hilaryquinn8673 the 70/400 thread is what you'll need.

  • @backyardchickies
    @backyardchickies Před 2 měsíci

    I love CandleScience. Their shipping is the cheapest for me actually.

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  Před 2 měsíci +1

      Me too! 😅 I think it depends on where you live!

    • @backyardchickies
      @backyardchickies Před 2 měsíci

      @@MemoryBoxCandleCo absolutely! I'm close to their Nevada warehouse 😍