It’s natural, as word gets around about your designs, for other retailers to contact you to create their gift baskets.

At first, you may be flattered.

Then you might wonder if splitting your time between your business and someone else’s is possible or if it’s a smart move, as this new type of client may ultimately become a competitor.

Your decision to accept or decline these projects depends on pre-set goals. If “no,” you simply turn down the request, but if “yes:”

  • How much will you charge?
  • Will you supply the products, or will items come from the retailers’ inventory?
  • What stipulations will you place in the contract?
  • Will you design on a seasonal basis or all year long?
  • Is training the retail store’s staff a good move or one that will cause you trouble?
  • These questions are part of the decision-making process, as setting goals and objectives ahead of time will allow you to understand the monetary benefits of becoming your area’s ultimate gift basket expert.

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    Creating gift baskets for other stores may be glamorous, but without knowing how to get accounts and what to charge, there’s a huge chance that you’ll leave lots of money on the table. Can you afford that?

    Join me on Tuesday, April 1, for a 60-minute teleseminar that reveals how to increase your income by outsourcing your gift basket expertise. This teleseminar is open to the first 12 people who sign up to ensure that all questions are addressed during the call.

    More information on this page:

    http://www.GiftBasketBusiness.com/teleseminar.htm

    Many pricing formulas exist for gift basket designers. The best way to decide how much to charge is to balance value with profitability.

    For example, some home-based designers keystone their costs to arrive at each gift basket’s retail price.

    Other designers triple their wholesale costs.

    Retailers who maintain storefronts abide by a different formula, as they must account for store upkeep.

    How do you decide what to charge for your gift baskets?