How to Make Money Selling Energy Bars

by Jimmy Boyd; Updated September 26, 2017
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Energy bars have become a profitable way to take advantage of a fast-paced society and growing health craze. As rates of diabetes and other health problems increase, manufacturers have designed energy bars for dieters. Exercise is also a crucial component to a healthy lifestyle, and supplying energy bars to local athletes allows an entrepreneur to make money from these trends. In addition, busy people often just eat an energy bar instead of a full meal. An entrepreneur simply needs to find a supplier and the people who consume these snacks to run a successful business selling energy bars.

Step 1

Find a wholesaler of energy bars. The first key to any business involving the resale of products is a relationship with a wholesaler. The retailer must buy at a lower price and sell at a higher price. This usually involves buying in bulk, so entrepreneurs on a limited budget need an energy bar wholesaler that has low minimum purchase requirements. Some wholesalers also require proof of a business license, which can usually be acquired through the local court house.

Step 2

Visit local stores and negotiate a contract with those who do not stock the energy bars of the chosen wholesaler. Convenience stores and health-food stores often stock these items. Set a price between the direct wholesale price and the suggested retail price. This leaves room for everyone to profit.

Step 3

Visit local gyms and supply them with the bars. Gyms often sell health products at the front desk or check-in area. Working out and mingling with the gym members is another good way to find customers.

Step 4

Negotiate deals with personal trainers. Trainers can prescribe both a diet and exercise regimen for their clients. They can include energy bars in that regimen, so trainers provide a steady supply of potential customers.

Step 5

Make money with fundraisers. These groups include youth sports teams that traditionally have sold junk food like cookies. Emphasize that energy bars provide a healthier alternative.

Step 6

Supply bars at sporting events. These events usually buy directly from a local store and sell at a very high price. Arrange an even lower price than local stores to increase the chance of cutting a deal.

Step 7

Start a website and affiliate program. Affiliates can refer their visitors to the website. The website owner then pays a portion of each sale to the affiliate who referred the buyer. Use a merchant provider with affiliate management to run the affiliate program. Promote the affiliate program through affiliate directories.

Tips

  • Use social networks to find more customers. For example, start groups on Facebook about health and nutrition to find potential customers.

Warnings

  • Get permission from any business owner or school before approaching people about deals or trying to sell energy bars. Some places have specific no-solicitation policies.

Resources

About the Author

Jimmy Boyd has a law degree from Thomas M. Cooley Law School. He has been writing articles on law and a variety of other topics since 2004. His work appears at Lead-Generation-Tips.com, eHow and Hubpages.com.

Photo Credits

  • Eising/Photodisc/Getty Images
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