Buy in VarietyĪll marketers will tell you that variety is key. But my point is that the more you know about your market and product, the easier it is for you to strategize your plan and subsequently execute it.
Is the sale better when you were in certain neighborhood, do kids have certain preferences (over packaging and/or flavor), or that certain timing of the day has direct influence of the sale? There is no strict answer to each one of this. You can certainly dismiss this as simply luck, or you can be proactive and try to understand the story of your sale. Some days, the products move briskly and some other days, sales are simply dismal. It is inevitable that you will find ups and downs as you start this candy selling business. The benefits are twofold it is easier to sell, and you save the trouble of keeping spare change. Instead of selling something that costs 75 cents, make that nice candy bar one dollar each (or $.50 each so that they can buy two). The strategy is to tempt them to spend away their dollar notes. In this increasingly affluent society, it is not uncommon for kids to carry around dollar notes with them as pocket allowance. This is not just a sweet way for kids to earn money. List of Candy BarsĪmong the various candy types, candy bars certainly make it to the top three of market’s favorite.Īs a reflection of its universal appeal, there are so many candy bars to choose from in your neighborhood stalls and upmarket malls. If you lack this market foresight, I would encourage you to simply ask around, be it in your neighborhood or workplace, school compound or church. Understand What the Market DemandsĮven before you dig into your pocket at Costco store, have a clear mind on what is really on demand among the consumers. Naturally, you’ll need to have good sense on what sells and what not. Nevertheless, it doesn’t always work this way. So, it is going to be a gross profit of $80 from initial investment of $80.
The price is just unbelievably cheap that you can regularly mark up your price by two times and the candy is still in hot demand. One of my favorites is Costco, for simple reason that you can get your candy very cheap, and the variety on offer here is amazing. But as you prevail, you will slowly but surely build up a steady pool of customer base.Īnd as your experience grows, you will get to expose to more varieties of candy and more price effective sources. It is natural that people don’t know you when you first get started. The growth of the business is going to be organic in nature. A few deals later, I had been able to increase my capital outlay incrementally, and were able to regularly take $80 worth of replenishment. It took me a grand total of $10 to get into my first venture of candy selling.
Here is a quick guide on how to do it properly…
One interesting observation during the recent economy downturn is that candy sales were still strong, and that is evidence enough that people still need to find comfort in food, regardless of what kind of economic cycle we are in.Īll in all, whether it is a full time venture or past time hobby, selling candy can never be a bad idea. Swagbucks: Get paid to watch videos, shop online, take surveys and more.
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