PROS & CONS of Starting a Candle Business in 2024 | Can You Still Make Money in the Candle Industry?

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  • Опубліковано 5 січ 2025

КОМЕНТАРІ • 48

  • @JMICTHEBRAND.
    @JMICTHEBRAND. 11 місяців тому +35

    This videooooo hit. The amount of money i have spent for my business that is not even live yet i crazy! PEOPLE that talk about how you don't need much to start is lyinggggg. lol But i know that come March it will all be worth it because i believe in myself and i believe in my brand.

    • @UrbanWanderlustStudios
      @UrbanWanderlustStudios  11 місяців тому +1

      it's expensive AF!! that's why if i had to start over again I would be very intentional on what I spend my money on

    • @JMICTHEBRAND.
      @JMICTHEBRAND. 11 місяців тому

      Yeah i think i was a little over my head and ahead of my self when i started to spend on start up costs. lol i am just thankful i didn't take a loan out to do so. Funded my own and i know it will be worth it!@@UrbanWanderlustStudios

    • @azlewashington5132
      @azlewashington5132 7 місяців тому +1

      I’m in the same position I’ve spent a good amount of time and money on products and everything needed for my business when it’s not even ready and live yet I sometimes doubt myself and think is this just a waste of time and money but always go back and say to myself I won’t find out unless I take that risk either it goes good or it doesn’t and it’s a life lesson

    • @UrbanWanderlustStudios
      @UrbanWanderlustStudios  7 місяців тому

      @@azlewashington5132 definitely don't give up without trying first, cause then you'll live with that regret of "WHAT IF" and trust me everyone doubts themselves in the beginning (including myself). Stop buying stuff for the business until your fully ready to launch.

    • @Mommyj1987
      @Mommyj1987 Місяць тому

      Same and my husband is on my ass and getting on my nerves

  • @brandylucas1783
    @brandylucas1783 2 місяці тому +4

    Yes, been testing for over a year but also have a full time job. I think the longest part of testing is burning the candles. Never wanted so much to have them hurry up and burn! 😂

  • @shaysportal
    @shaysportal 11 місяців тому +30

    I completely agree with the lack of space. It never dawned on me when getting inventory where was I going to put it. And it’s EVERYWHERE 😂

  • @xyngchic
    @xyngchic 9 місяців тому +9

    You’re correct, the market is saturated. But, this is where your marketing comes into play. I’ll host 2 launch parties.mine in July and one in Sep. the July launch will tell me what scents I need to add for September…since my goal is to launch Oct 2024. The one thing I can offer newbies is to stick to a handful of scents and add as your knowledge and customer base grows.

    • @InboxBliss
      @InboxBliss 7 місяців тому +1

      Hello! If you're considering starting a candle business, I wanted to let you know that we have candle labels available at the best rates, along with fast shipping and high-quality vinyl. It's a great way to enhance your branding and create a memorable experience for your customers. Let me know if you're interested or have any questions!

    • @DeKlassiqStories
      @DeKlassiqStories Місяць тому

      Hi I hope you had already started your candle business and it's going on well. Wishing you the best 🙏

  • @mosyoutubeanimals
    @mosyoutubeanimals 11 днів тому +1

    Pros:-
    1. You are your own boss.
    2. You work from home.
    3. Great profit margins.
    4. Good feedback.
    5. More income.
    6. Potentially making new friends.
    Neutral:-
    1. You do better in the fall and winter.
    Cons:-
    1. You’re gonna end up working 10-12 hours.
    2. No separation between work and home life.
    3. Bad feedback.
    4. Cost of supplies.
    5. Space to put your supplies.
    6. Less time to do what you love.
    7. Liability- business assets should be separate from personal assets.
    8. Market is saturated!

  • @hollyhobbyist1659
    @hollyhobbyist1659 11 місяців тому +6

    Con: You have to learn all the roles of running a business. Not only the craft of candle making but how to manage inventory, how to market (a HUGE deal if you want to succeed), SM management and the list goes on. 😬

  • @avharper8839
    @avharper8839 10 місяців тому +8

    I am in the perfection stage, testing, failures, regrouping……. I am not a ♍️, but if you care about the product you are producing…. You try to put out quality while perfecting it as you go. In the mist of continuing to motivate and encourage your self to keep striving and pushing forward.

    • @InboxBliss
      @InboxBliss 7 місяців тому

      Hello! If you're considering starting a candle business, I wanted to let you know that we have candle labels available at the best rates, along with fast shipping and high-quality vinyl. It's a great way to enhance your branding and create a memorable experience for your customers. Let me know if you're interested or have any questions!

    • @fbiwife
      @fbiwife 5 місяців тому

      How do I find your products?

    • @UrbanWanderlustStudios
      @UrbanWanderlustStudios  5 місяців тому

      @fbiwife you can find my digital products here: stan.store/UrbanWanderlust

  • @ashleymarques2231
    @ashleymarques2231 11 місяців тому +2

    Love the video! Would love to learn more about marketing the business successfully! xx

  • @mariahernandez311
    @mariahernandez311 11 місяців тому +1

    Hey Judith loved the video and thanks for all the information, I love watching your videos!

  • @michellecollins6379
    @michellecollins6379 11 місяців тому +2

    Wow wonderful content. Please tell us more when you can. Thanks so much young lady.☺️👍

  • @JulietWhiskey100
    @JulietWhiskey100 6 місяців тому +1

    Great video, thank you for taking the time to make it!

  • @PeterJDYoung
    @PeterJDYoung 11 місяців тому +4

    You and Wil Candles give me that extra umph I need to press on

  • @ulanawilson-orta8268
    @ulanawilson-orta8268 11 місяців тому +2

    This is very helpful and informative thank you

  • @FreshandFlourished
    @FreshandFlourished 9 місяців тому

    I just started my candle business and this video was super helpful!💖

    • @UrbanWanderlustStudios
      @UrbanWanderlustStudios  9 місяців тому +1

      I'm so glad!

    • @anaallegue314
      @anaallegue314 4 дні тому

      Hi, how is your candle business going. I am planning to start my own and need some recommendations!

  • @allthingsmayela1437
    @allthingsmayela1437 9 місяців тому +4

    Love boss women helping other boss women! Thanks for sharing your insights about your experience with making candles. If you ever consider using a print on demand company that makes hand-poured sustainable candles in high-volume production I work for a company that does this. The best part of candle business owners using them is their custom packaging with your business labeling. Let me know if you are interested or if you know of anyone who would benefit from a company that can do it for you.

  • @michellelong5954
    @michellelong5954 10 місяців тому

    Where did you get your wax from?

  • @davidedmunds
    @davidedmunds 9 місяців тому

    This year lots of candle businesses in the UK are failing, saturation and recession is hitting hard.

  • @caitlin8047
    @caitlin8047 4 місяці тому +2

    I wanna start one but I’m paralyzed from the bra line down & I can’t use my right hand really. I bought a kit & was able to do that pretty easily

    • @MIRI-ytb
      @MIRI-ytb 3 місяці тому +1

      I’m sorry to hear that, you are really brave and strong! God bless you

  • @simplylexx5419
    @simplylexx5419 6 місяців тому

    Hi there,
    Can I ask what is the name of and where you got the pieces on the wall with the holes? Definitely a need in my space!

  • @Manos-Luna-Bookish-Flames
    @Manos-Luna-Bookish-Flames 4 місяці тому

    as you said is my new baby as well I am working more than 15 hours a day as I still have to run my house and clean after production and more labelling social making candles maths blah blah blah non stop

  • @Leadingladydar
    @Leadingladydar 2 місяці тому

    You shared some great and valuable information 🩷. Wishing you much success in your coaching business. I too am a Life Coach! I love it!

  • @tw2800
    @tw2800 11 місяців тому +3

    After 7 years what is your annual net profit please

  • @Dasindance
    @Dasindance 10 місяців тому +1

    Stumbled upon your video while I was doing research to start my candle business but I'm doing it from Beijing. Have an idea, if your interested I could help you source & import your materials from China to improve your margins.

    • @UrbanWanderlustStudios
      @UrbanWanderlustStudios  10 місяців тому +1

      Thanks but I’m no longer in the candle production. Keep watching the vlogs to find out 😉

    • @Dasindance
      @Dasindance 10 місяців тому

      @@UrbanWanderlustStudios My pleasure, let me know if I can help source anything else. ❤️

    • @Gabriel.Jarelys
      @Gabriel.Jarelys 3 місяці тому

      @@UrbanWanderlustStudiosMay I ask you if you don’t mind to answer, what is the reason you are not making candles anymore? I know people they are moving into another business, retirement, etc. do you recommend start a candle business now?

  • @placideplacide1946
    @placideplacide1946 11 місяців тому

    Hi. Help me please

    • @InboxBliss
      @InboxBliss 7 місяців тому +1

      Hello! If you're considering starting a candle business, I wanted to let you know that we have candle labels available at the best rates, along with fast shipping and high-quality vinyl. It's a great way to enhance your branding and create a memorable experience for your customers. Let me know if you're interested or have any questions!