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Selling Wax Luminaries


bathaway

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I figured out a way to efficiently make wax luminaries. Problem is I use alot of wax for this method so the material cost is high.

 

Example picture. 

I calculated getting 60% from consignment with local gift stores.

 

Question is. Do you think retail price of $25 is too high? 

11inches tall, 4in outer diameter, paraffin wax luminary. The margin is only 59%. I wanted more in the 75% but I can't do it without raising prices. My labor cost is already efficient.

Now I see why a local company does not sell these, they only rent them. They are too expensive to make. Your thoughts?

 

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analysis cost.png

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