How Much Does A Gift Basket Cost?

Packaging/shipping supplies (including sealing tape, boxes, mailing labels, cushioned mailers and packing materials): $505 to $1,200 Gift basket supplies (including baskets/containers, packing materials, decorative materials, shrink-wrap and/or cellophane and product/gifts): $1,675 to $28,500.

How to determine the price of gift baskets?

This is the percentage over your break even cost that you will charge in order to see a profit. One useful formula is to triple your labor cost. For example, if labor comes to $12 per basket, you would sell each basket for $36. If this price represents 30 to 50 percent above break even, you’re gift basket pricing is on the right track.

How much does a realtor gift basket cost?

The Realtors will buy the gift baskets from you – and in turn, they’ll gift the baskets to their clients. Sizzle or basket stuffing material can be ordered by 10lbs or 25lbs. A 10lb box normally runs under $30, delivered. There are many varieties to choose from: shredded tissue, dyed wood shavings, shredded mylar, or colored cellophane shred.

How many gift baskets can I make for one occasion?

Once you’ve determined what your main themes are going to be, decide how many ‘occasion’ gift baskets you can create from basically the same products. Your inventory base can then be kept to a minimum and with just a few embellishments, you’ll be able to create a variety.

How to make money from selling gift baskets?

Instead, make coffee and cook at home. Save money by making the gift baskets on demand. For example, do not spend money on building several gift baskets for storage. Instead, make them as the orders come in. This allows you to save money and labor, which means you can spend the time on marketing your baskets.

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