Easy Ways That Kids Can Earn Money Buying and Selling Candy
Kids out there who are interested in buying and selling candy should remember that the key in a good business enterprise is buying low and selling reasonably. To make your first candy business worthwhile, buy your candies in bulk and sell them individually or in smaller quantities.
You can sell your candies to the neighborhood kids at first. Once you learn what candies your customers like the most, start expanding your candy business by carrying some at school. You can sell to your classmates, teachers, school personnel and even to the principal.
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Bag of Candies
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A good way to start the business is by asking a parent or guardian to buy you a large bag of candies that are individually wrapped. Promise to pay them the cost of the candies once they are sold.
Sell the candies individually to your friends for a fraction of the total price of the bag plus the amount you want to earn from the bag. So for example, if your parents bought a $20 bag of candies that contains 20 pieces, each candy would cost $1 each. If you want to earn $10 from the bag, simply divide $10 into 20 pieces to get a $0.50 earning for each candy. Now you can sell each candy for $1.50.
Candy Stores
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The kids in your neighborhood might like to eat various kinds of candies, so you have to make sure that you're not just selling one kind. Go to a candy store to find out which candies are preferred by most kids. You may want to buy them in bulk. If the store's prices are too high, try another store or wait until they go on sale.
Once you find the right candy at a good price, ask your mom or dad to take you to the store so you can buy the candies yourself, this time with the money you earned from the first bag of candies you sold. If the candies are on sale, you may want to ask your parents to lend you money again so you can take advantage of the sale and buy a lot. Remember: more stocks, more earnings.
Candy Wholesaler
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Candy stores will not have sales the whole year, so you have to find other stores that will sell you in bulk for a very nice price. A candy wholesaler is the place you are looking for.
Unlike a candy store, a candy wholesaler sells candy in bulk to candy sellers like you. In most cases, candy stores also get their stocks from a candy wholesaler. If you buy from a candy wholesaler, you are able to price your candies the same way candy stores price theirs. In business, the lower your price, the more customers will be willing to buy candies from you.
Market
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Another option is to go to a market and look for cheap candies. You don't need to buy huge bulks just yet. Instead, you need to get a variety of smaller bulks to give your customers lots of choices.
Get different flavors of candies and chocolates. For a great treat, you may want to repack the candies so you can sell your customers an assortment. There are stores that sell packaging materials. You can buy tiny boxes or little plastic bags where you can put an assortment of 10-15 candies. Add the cost of the packaging material to the cost of the candies and the amount of earnings you like to get from each pack to find out how much you should sell the candies for.
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