Check Raw Material pricing on all products

Check Raw Material pricing on all products

As a product-based business owner, your pricing strategy isn't something you can “set and forget.” One of the most overlooked threats to your profit margins is the rising cost of raw materials. Whether you manufacture candles, skincare products, apparel, or any other goods, the cost of your inputs, wax, jars, packaging, ingredients, fabric, you name it, tends to increase year over year due to inflation, supply chain shifts, and global demand.

If you haven’t reviewed your material costs lately, you could be underpricing your products without even realizing it. That means every sale is quietly chipping away at your bottom line.

In this video, we’re diving into why it’s essential to check your raw material pricing regularly, how to stay ahead of price hikes, and what steps you can take to adjust your prices confidently without losing your customer base. Keeping your profit margins healthy doesn’t happen by chance, it’s a strategy.

Whether you're a seasoned maker or just starting out, this reminder is for you: stay vigilant, stay profitable, and don’t let rising costs catch you off guard.

Let’s talk about what to watch for and how to build a proactive pricing habit that keeps your business sustainable.