Frequently Asked Questions

 

How do I price my gift baskets?

• To make money you must charge more for your designs than you pay for your inventory.
  
  
• Many basketeers double their wholesale costs and add 20% for labor. Others triple or quadruple their total costs.

 

• Charge for shipping and delivery. If you don't charge your customer for these, guess who's paying for them and thus lowering their profits?
  
  
• Continue to learn about pricing for your inventory and labor. Sign up for our free weekly newsletter

~An unsolicited testimonial from a subscriber~ Dear Flora, In your June newsletter, you had an article on attracting and keeping customers by building loyalty among them and giving good customer service. Having just started a gift basket company, and taking my age into account (22), I can only say that I need all the help that I can get. I forget sometimes that the smallest, most cordial ways can go a long way. I appreciate you bringing back the old-fashioned ways into my business. Sincerely, Pattie Cordova