I remember as a child I use to get really excited about the fundraiser came around because it was a chance when us students could make money and at the same time win prizes for our efforts. Growing up through the years I have managed to make money in this business due to the savvy understanding of accumulating information and using it to my advantage.
Believe it or not, this is a nifty business that you can take pretty far if you treat it like one. Let’s talk about how you can get started right away and begin earning big in the candy market right in front of your yard, computer, or anywhere you choose. We are going to break down some important factors you should put into play so sit back and take notes.
Okay, the product you are producing to the public is candy so one of the most significant steps to take is getting yourself a reliable supplier. In today’s market you are going to pay $1.50 each for a candy bar. You can’t go to a normal store and buy 24 candy bars to sell since that would be expensive and will not create a profit from that.
You should take that $36.00 and purchase a 24 pack of candy bars for $10-$12 dollars. Think about it, that’s $36 you’ve just spent at your corner store in which could have been used to buy wholesale, 2 boxes(48 candy bars: Snickers, Musketeers, Twix, ect.).
Where do you buy wholesale products in your local area? Easy, many states already have a huge demand for small businesses opening up and it continues to rise. There are two small business wholesalers you should look into which is Sam’s Club and BJ’s. You need to acquire a membership for either one in order to buy any goods from those stores so make an investment of a couple of dollars to become a member instantly. Once you have successfully signed up they will assign you a card with your name, and picture for identification.
Arrange Space to Sell
There are several ways to sell candy in your area but its up to you to chose whatever method that makes your business thrive. Retails stores, corner stores, or even mom and pop stores wouldn’t mind lending you some space to sell candy whenever you choose. Loitering is not a good idea so I suggest asking for permission before proceeding to set up shop in these areas. Flea markets are absolutely ideal for selling candy. You get to see hundreds of people at one time and most are willing to pay you for a piece of candy.
look for highly trafficked areas that are constant attractions and take up a public area that is FFA(Free For All). Check out parks that are filled with kids and adults, as a matter of fact, you could place a small booth there loaded with your treats on the stand. When children come to the park they will buy candy from you. Provide a variety so it peaks everyone’s interest at heart.
Put Together A Team
This is the easy part. You have family young members who are energetic and are willing to work for a little cash? If so, they can help you put the word out there and sell. Give each of your sellers a box of candy to sell and once they sold out pay them there commission or prize. Setup a nice compensation plan for you team members to abide by so everyone gets paid for there efforts.
Secure every area of your town so you can maximize your earnings quicker. Send your partners in different spots so you can diversify the type of people that will be buying from you which means great exposure. Supply your team with attractive advertising to draw people to purchase candy offered. Make sure that the team you hire is very friendly and vocal so many are better drawn to them. People despise buying from those who doesn’t have there interest in mind so remember to deliver quality service.
Although you are only offering candy it is still something that requires a person to buy it. Recruit team members aggressively until you’ve reached a point where you have a reasonable amount to put on the board. Plan carefully by placing your teams in certain areas that is populated with individuals around the age of 12 – 25. Talk to friends, co-workers, or family members about the candy business, you never know, they might have connections to born-to-be salesman. Ask them about kids who are looking to make some cash to put in there pockets.
When you distribute your product to people you want to make enough money to pay for the wholesale cost as well as reach a certain amount to pocket and put back in your business. Just like I said before, a single candy bar may cost you as high as $1.50 out of the store today however you can charge a lot lesser which increases the chances of a potential customer and quick sales more often. Imagine this: If you purchase a 24 case of candy bars $10.00 and distribute each one $.75 each you make $22.50. Say that you’ve built a strong ten man sales force that would add up to be $225.00 a day. Turn this into a fully equipped business and grow it overtime.
In conclusion, you may want to expand in further areas of your city depending on how well you are doing. People love candy so becoming a supplier of it in your home town can have generous returns. Apply yourself and good luck in this most profitable opportunity.