Friday, November 13, 2009

What should I charge a customer to buy a gift basket?

I just started a gift basket business and I have my prices set already. Small - $10, Med-$15, Lrg-$20, but that is just for basket and decor, then I charge a different price for the themed items I put in the basket. Which is usually another $30 at least. Does that sound reasonable to you, because a few of my customers at first thought that was to much, they always want a $20 basket, but they don't realize when you add up the basket, decor, items, card, delivery, and taxes, that $20 is pretty unreasonable. Should I advertise it differently? I would appreciate any suggestions

What should I charge a customer to buy a gift basket?
Yes..advertise differently. You are confusing consumers by throwing too many $ amounts or surprising them with additional costs. If your customers are willing to buy stuff for $20....considers other gift ideas that you may provide as part of your inventory.





Use words like "Gift Baskets from $50" or disclaimers with "Additional fees not included"





Good luck





Business and Marketing Student.
Reply:i m supplier of baskets. i have made an excel page where if you put your sale prices then you will get automatic profit calculations and graphs. you can easily compare my wholesale prices and your selling prices... for further contact e-mail me "pointanalysis@yahoo.com" Report It

Reply:Where are you located?


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