Price Transparency: Flowers Part II

Preston Bailey Charging Prices Cost Low Centerpiece Flowers Thank you so much for your feedback yesterday! However, I neglected to acknowledge in my post yesterday that of course pricing varies wildly from city to city, state to state, and country to country. A few of you commented about that, and it’s a good point.

As promised, here is a detailed breakdown of how I price a low centerpiece with a floral pedestal.

Low Centerpiece:

– Glass Vase: $20
– 20 South American Hydrangeas: $40 ($2 Each)
– 50 Jade Roses: $42.50 ($0.85 Each)
– 2 Bunches of Dusty Miller Leaves: $30 ($15 Per Bunch)
– Labor Including Arranging, Cleaning and Nurturing Flowers: $90 (1 Person, 3 Hours, $30 an Hour)

Orchid Pedestal:

– Green Cymbidium Orchid Stems: $125 ($25 Each)
– 12″x12″  3″ Styrofoam Square: $10
– Straight Pins with Pearl End: $10
– Labor: $60 (1 Person, 2 Hours, $30 an Hour)

Total Cost to Me: $427.50

Price of Centerpiece (100% markup): $855

So, all of you who chose Answer D yesterday were right!

Please note that the $427.50 profit that you’re making off of this centerpiece goes toward rent, insurance etc… There are a lot of expenses that go into running a business, and I’ve found that this is the cleanest way to charge.

Tomorrow, I’ll share the cost of my tall centerpieces.

Dear Readers, are you comfortable with a 100% markup? If you have any questions, don’t hesitate to ask in the comments below.

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