jeniryan Posted January 13, 2008 Share Posted January 13, 2008 Are any of you raising your prices due to the price of soy going up? I was just curious as to how much of an increase, if any, you charged? Thanks! Quote Link to comment Share on other sites More sharing options...
Vicky_CO Posted January 13, 2008 Share Posted January 13, 2008 I am waiting to see how much the increase will be when I get ready to reorder. Then I will figure my cost and see what happens. Quote Link to comment Share on other sites More sharing options...
lindanelson Posted January 13, 2008 Share Posted January 13, 2008 I'm waiting until after Valentine's Day is over. I have enough wax to get through making my stuff for that. Quote Link to comment Share on other sites More sharing options...
Shadowbox Posted January 13, 2008 Share Posted January 13, 2008 I haven't, but am very small-time (I only do melts) and have a decent amount of wax right now. My supplier has not informed me of any impending increase, but I'll probably stock up again soon just in case and ask when I go. I'm considering raising very slightly just before Spring, but am changing my packaging as well; I'll be profiting the same as now, but hopefully customers see the new packaging as worth it. We'll see.. Quote Link to comment Share on other sites More sharing options...
Fire and Ice Posted January 13, 2008 Share Posted January 13, 2008 My soy wax went up $10.00 per 50lb box and it's still climbing!I raised my prices by $2.00 per candle but tax is included. the price increase started Jan 1, 2008. I'm very lucky I don't pay shipping or I'd be out of business!Fire Quote Link to comment Share on other sites More sharing options...
malaki Posted January 13, 2008 Share Posted January 13, 2008 i went up a dollar so far Quote Link to comment Share on other sites More sharing options...
Candybee Posted January 13, 2008 Share Posted January 13, 2008 I raised the prices of my 8 oz jelly jar candles by $1. I tested the price out at my last fundraiser and the candles still sold just the same. Still on the fence about my 16 oz jars. Don't believe I need to raise those yet.There really is no way around it. If I kept the price the same I would be selling myself short. Quote Link to comment Share on other sites More sharing options...
KarenOH Posted January 13, 2008 Share Posted January 13, 2008 Right now I still have plenty of supplies bought at the old prices to possibly get me thru spring. But as soon as I have to re-stock supplies my prices will be going up $1 on my 9oz jars and 50 cents on my tart packs.At my customer appreciation day in December I warned my customers it was coming. They were all actually surprised I hadn't raised my prices sooner since I haven't raised my prices in several years.Karen Quote Link to comment Share on other sites More sharing options...
TxSioux Posted January 14, 2008 Share Posted January 14, 2008 My wax has only gone up $2.00 per case (so far!). I have enough 'play' room in my pricing that this doesn't throw my numbers off. I may take advantage of everyone expecting price increases right now, so I'm not caught in a tight spot w/ all the expected problems of wax pricing & shipping. Also, I'm seriously cutting out a lot of suppliers that I used to just order from on a whim & keeping my purchases as close to home as possible.Susan. Quote Link to comment Share on other sites More sharing options...
flightoffancy Posted January 14, 2008 Share Posted January 14, 2008 I've been trying my best to put off raising my prices but I think the time has finally come. I left some wiggle room on my container candles but I priced my votives and tealights at rock bottom prices and am going to HAVE to raise those or I won't be making any profit on them. I'm also going to have to raise my prices on tarts.With the soy prices still rising how are you all handling the product price increases? Are you just going to raise your prices as the price of soy rises or are you going to do enough of an increase to cover the potential for even higher soy prices? I'm afraid that if my customers keep seeing a price increase that it's going to scare them off so I'm not quite sure how to handle the situation. Quote Link to comment Share on other sites More sharing options...
heirloomoriginals Posted January 14, 2008 Share Posted January 14, 2008 I am thinking about raising my JJ prices by .50. I only started selling those this fall, so not too many people have bought them. I had them at $7.00 and will probably raise them to $7.50 for my open house in February. I am lucky to be able to pick up my wax and glass (and most of my FO's) locally so I can afford it. If I had to ship it, I probably would quit doing it as a business and just do it for friends and family. We will see how this year goes.Steph Quote Link to comment Share on other sites More sharing options...
southern.scents Posted January 16, 2008 Share Posted January 16, 2008 Well, I went up on my 8 oz tins. I had planned on going up to $7 from 6$ but went ahead and went up to 8$. With shipping going up on top of the soy going up, it probably won't be long before another increase will be instore. Quote Link to comment Share on other sites More sharing options...
debscent Posted January 16, 2008 Share Posted January 16, 2008 I've been charging $10 for a 10 oz. salsa jar and that's fair, so that will stay the same. My melts will go up $.50 ($3.50 each or two for $6.00), unless I change from the clamshells to another type of packaging. Quote Link to comment Share on other sites More sharing options...
kandlekrazy Posted January 16, 2008 Share Posted January 16, 2008 I don't think I'm going to have a choice. My wax, which I pick up usually, just went up another $6.00 a cs. It just went up this past fall and now again and I didn't raise prices last time. I think I'm going to try 10% and see how the response is...I do think that now is the time if you're going to increase. Quote Link to comment Share on other sites More sharing options...
candlelady Posted January 16, 2008 Share Posted January 16, 2008 Seeing that UPS had a 4.9% price increase for Ground deliveries, and USPS will go up this summer, Yes, I will have to have a price increase.Darn, I really didn't want to! Probably looking at about 5% increase.Not to mention that the oils I'm now using, thanks to THIS BOARD! lol, are in the $18 - $22 per lb. versus $15-$17 what I use to purchase, it's a sure thing now~!Carrie Quote Link to comment Share on other sites More sharing options...
logcabinmomma Posted January 16, 2008 Share Posted January 16, 2008 I raised them because of the shipping increases. I was doing discounts for buying multiples (5/$20 for 4 oz tins, 2/$15 for 8 oz, 2/$25 for 16 oz), but have stopped those... now 4 oz is $5, 8 oz is $8 and 16 oz is $15. Just no getting around it. I'm hoping prices will be able to hold steady there, but I may be looking at another increase by fall. -Kristi Quote Link to comment Share on other sites More sharing options...
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