February 19, 2010

I am starting a gift basket business. How much should i charge people?

February 19th 2010 Posted to gift baskets
Jessica asked:


I am looking to make gift baskets for children ages infant and up to 10 years old. Some will be grad toward children with special needs. Their will be a few things for baby needs, holiday, Special needs children. Non food items.

I live in the usa. I will be putting up a web site for people out side of my area.

I do not know what to charge for these gifts.

Wholesale Scented Jar Candles

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Comments

  1. rob y
    February 20th, 2010 | 11:30 pm

    For the other online stores and see what your prices you start to earn money you start to make profit just dont price yourself.
    The other companies out what prices you can go from there is to look at other companies out there are paying wages and materials costs and see what your items cost remember that the same price yourself too high.

  2. jay h
    February 22nd, 2010 | 4:12 am

    Compare with your competition and go accordingly

  3. ShirleyFrazier
    February 24th, 2010 | 9:29 am

    For gift baskets of all items within the initial rates are set from home and in that your costs stay.

  4. InteractiveJunkie
    February 26th, 2010 | 2:01 pm

    you need to find out your profit margin is for your business. There should be industry information that can give you a guidelines on what your margin should be, like 20% net. In addition you should work to get your name out by doing some advertising or guerrilla marketing.

    Here are a few links that should help:

    good luck!