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Paintguru

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Paintguru last won the day on September 22

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About Paintguru

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    Candles and body products

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  1. May just be your FO choices, not necessarily the wicks. I personally simply found wicks that worked best for my wax and then identified which FOs played nicely with the combo.
  2. Just got this from Fragrance Buddy. 25% OFF ENTIRE SITE USE CODE GIVETHANKS
  3. Is anyone signed up for this premium Etsy service? $10/mth, but you get listing and advertising credits. No clue if it is worthwhile or not. Since I'm a noob on the Etsy front, I'm just looking into what I SHOULD be doing as I start out.
  4. Is there an easy way to see all the fees Etsy is taking on each sale? I had two sales and on both Etsy appears to have taken out more than it shows in my transaction history (looks like by $1 each time). I must be missing a fee somewhere. Perhaps my first monthly statement will be clearer? One would think they'd make these fees clear as one sells products, but who knows.
  5. I think I'm running at about 30-40% "good-great HT" rate for the FO's I've tested. Granted, I have a high standard, but I don't need to carry 100 fragrance choices, and there are literally 1000+ FOs out there. Unfortunately, what works for one may not work for another, so we're all forced to just test.
  6. This has always been my issue though...if a small volume maker wants to compete with any of the larger volume makers, they need to have similar pricing, in my opinion, at least to start. When one orders small quantities of wax, fragrance oils, or anything else, they really take significant cost hits compared to bulk ordering. Either the maker has to not pay themselves for a while until they start to reach higher volumes, or they have to hope people will pay the added cost of their product.
  7. Sounds good. I mean I already figured out that I'd have to sell at least 50 candles in a year to pay just for the HSCG membership and insurance, which seemed crazy to me as a startup candle maker! These are the things you don't realize you need to pay for, especially if you're doing things the "right" way.
  8. Need to add everything in, right? Labels, shipping supplies, insurance, etc. Or do you capture that in the 2x, 3x, 4x equation? Obviously cost of insurance inversely scales with # of items sold.
  9. Right. I set my website prices at the level I thought was appropriate once those fees were taken out, and I have flat rate shipping on everything. Etsy, on the other hand, has many additional fees, plus the free shipping, so, as you said, the need to raise prices is clear. Plus, again, I do think the price difference between Etsy and the shop's own website may help drive people to buy from the website directly, which is a win for both the shop owner and the customer.
  10. The free shipping thing is interesting. I just turned it on. Now Etsy is trying to get me to raise my prices. I don't quite understand the point of this? I guess it gets people to buy more stuff, which is money in Etsy's pocket. I'm using Etsy to generate business and hopefully get them to my website, so maybe having my Etsy prices $1-2 higher than my website makes sense.
  11. Well I finally got around to posting my Etsy store, so I'm only 10K sales behind you! I appreciate the openness of everyone on this board to help others to get started.
  12. I have constant on lights going through white umbrellas. Two of them do a real nice job with small backdrops. I think the lighting is much better than the mini-photo box that I bought off Amazon. In photography, I do think bigger is better, but I also think shooting in RAW and editing in Lightroom or PS goes a long way as well.
  13. I wish I could learn video editing. I've been trying to get my 11 year old son to learn Adobe Premier, but his attention span is that of an 11 year old boy (shocking I know!). I've done some clip cutting and text addition with free video editors out there (VSDC being one), that were relatively easy to use. For trickier stuff like those fancy YouTubers do...🤷‍♂️
  14. Ok, perhaps this is a stupid question, but for fixed expenses like insurance, equipment, etc., that doesn't actually go INTO the product, is that simply an expense you deduct for the year or do you pro-rate it across all your sales as a per item expense? EDIT: I found some reading online. I think I'm getting it. This seems like it could be a major hassle for fragrance oils since they all cost slightly different amount. Am I missing something? I can see wax and containers being relatively easy to process.
  15. So is the cash method simply you compare what you buy in a year to what you sell? If I buy 50 lbs of wax but only sell 3 candles, I would come out negative a bunch due to the entire cost of the wax? I just want to make sure since this is my first year of really selling anything and I'd like a consistent method of tracking things.
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