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

by Gift Basket Ideas on January 16, 2010

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.

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{ 1 comment… read it below or add one }

rob y January 16, 2010 at 4:04 pm

The best way is to look at other online stores and see what prices they charge. That will give you an idea of what people will pay. You may sell a bit cheaper or offer more for the same price.
Later as you start to earn money you can adjust your prices. You need to work out what your items cost, and then you can go from there. Gift baskets take time to make look pretty so there is a big labour cost.
Remember that the other companies out there are paying wages and materials costs and also make a profit.
Just dont price yourself too high.

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