Wednesday, July 18, 2012

How to Make Money Selling Sweets

 This article goes over the basics of selling sweets in school (or potentially outside of school) and making a profit to expand the business.
Make Money Selling Sweets

 Decide how much money you would like to invest. After you have done this look at different options on sweets. Let's say you have 5 dollars and you want to make 10 dollars, what do you do? You could buy 50 10-cent sweets and sell them for twenty cents, or 100 5-cent candies and sell them for 10 cents, etc. It is your choice. If you don't think that you can sell a high volume, go for sweets with greater profit and sell fewer.
Selling merchandise to people can be the hardest part. Depending on the person they might want more sweets than someone else. Choose wisely, try not to sell to someone who will scam you.
Once you have established with some people that you are selling sweets, they might come back asking for some more. 
Ask how much money people are willing to spend if they offer to buy, and try to sell for more. Lower a bit if they aren't willing to spend as much, but try to stay in control of your prices. 
Buy more expensive sweets to sell at higher prices when your budget increases. This will increase your profits.
 Try and get a fan base not only in your year-group, but also both the higher and lower ones. e.g if you're in year 10, sell to years 7,8, and 9, and also 11. 
You should also you should try to record what you have sold, what profit you have made and so on. It helps. 
Sell things that you think people will want on that day (e.g if it is a boiling hot day then drinks or cans of drinks sell really well). 
Sell separate pieces of gum from a packet. These are easy to sell, and can produce a lot of money. If you can get away with selling gum for 10 cents apiece, and a pack of gum with 5 pieces costs 17 cents, you will make 50 cents, or a net profit of 33 cents easily. 
Sell things you will make most profit on (e.g if you buy a pack of 4 chocolates for $1 in a shop, then sell them for 50 cents each and you will make 100% profit). 
Get supplies/stock to sell at school. Go to shops like the 99c stores or $1 stores. They usually have good deals on sweets and they also sell big packs of sweets for cheap prices.


No comments:

Post a Comment