Pricing Flowers

meherr

Member
Feb 4, 2006
67
38
18
Kokomo
www.bannerflowers.com
State / Prov
IN
We get product in several times a week from several vendors. We keep certain flowers (roses, daisies, minis, carns, etc.) the same price all the time, but change most of the other prices based on the deals we get, the vendor, etc. I think it's important to have the buckets in the cooler tagged, both for customers and the designers, but I feel like I'm chasing my tail trying to keep up.

We're busy - it's very cumbersome to have to calculate and price everything. It's especially a pain to price the things that are bunched by weight (fillers, greenery, etc) - ie: waxflower may come in a bunch of 3 huge stems or 26 tiny stems - we cut it into "similar" size pieces, count the stems and price accordingly.

How do you all price your flowers - do you have a standard price or do you change prices with each new shipment of flowers? Do you count stems for every bunch of salal, emerald, caspia, etc that you receive? Can't decide if I'm too obsessive or this is a necessity.

Thanks!
 
I used to try to do what you do - but now I believe customers prefer consistancy and it makes the designers job easier. I just price everything based on the highest likely purchase price.

If I get a very good deal on something I might make a special on cash-and-carry bunches.
 
  • Like
Reactions: meherr
From an event perspective, we try and keep everything to recipes. Most of our products are bunched into groups. Part of a typical bouquet might consist of 5 tulips or 10. By keeping everything uniform it is not necessary for designers to calculate pricing during production, because we all know that typical designers will cheat or add a few here and there which can add up in a years time on the average. If I am using 10 tulips for a centerpiece that costs me $4.00 I will mark them up to $20. However I will also include a stem of Phaleonopsis that would cost me $9 and only mark them up to $18. It's that glorious stem of orchid that makes an ordinary bunch of tulips spectacular. I would rather spend twice the amount on some amazing tulips like parrots then small normal tulips, the few extra bucks you spend greatly increases the wow factor which I believe translates into greater perceived value. Sometimes I may have an event that requires 60 centerpieces that I have proposed and provided a prototype for my clients approval months in advance. It may consist of a hydrangea that I paid $1.85 for. Point is that when the project actually comes down to procuring the flowers I will look and negotiate that hydrangea for $1.25 or better, the art of negotiation. I look for these savings that I would not have considered as a source of income.

When it comes to a filler, or green, we keep everything bunched. If a recipe calls for 1/5 of a bunch of wax, our designers know to visually gauge and split a bunch into 5. I think that this type of event production could make typical retail more productive and profitable. By creating seasonal products, one could prototype, prepare, price, procure, and produce a set number of diverse key arrangements based on educated estimate for the following week or two. I just think there is so much more control this way rather then relying on a designer to translate your products based on the description and price noted on a piece of paper. To much time wasted on trying to create something based on pricing. That same designer can make 10 arrangements in a production set up as fast as they can 1 because it should take the same amount of prep time to do both. And if a designer can produce enough key arrangements in one day to cover the week, why employ that person full time? I would rather cut a full time wage on a designer to make a weeks worth of product and spend it on a quality salesperson, or train that designer to become a quality salesperson.

All I'm saying is that we are dealing with perishable that move quickly. Trying to keep everything to the penny is a waste of resources and time. It might behoove you to try it. Start with a typical category of arrangement say your $30 mixed bouquets in glass. Create your recipe based on whats plentiful, hot, and fresh, based on 5 or 10 stems. Negotiate best price with your sources and procure. When the flowers come in, prepare and produce and display the inventory. Work off of that inventory. Work smart not hard. They may be the same product, same look, same quantity, but you know that it is a money maker, and your quality salesperson can make that money maker sound like the perfect gift for any occasion over the phone. Plus by having weekly prototypes on your e=commerce website will win confidence with customers because the product they are selecting will look exactly like the picture.
 
  • Like
Reactions: meherr
We have static pricing, where everything is always the same, unless things need to go up seasonally. It's OK to offer "specials" from time to time.

When we see the need to change prices, we do it only 1-2 times a year, and then stick to the new price.
 
  • Like
Reactions: meherr
The only thing we have fluctuating in price is roses. Everything else is priced on a blackboard. Our specials if we get nice deals are advertised on a sandwich board. Our customers come in, look at the "cash & carry" prices on the blackboard. For designing, all prices stay the same on most flowers except for roses by the stem.
 
I used to price each according to the fluctuation. But, much easier on everyone to keep the prices the same all year.
If I got a great deal on lilies, I still charge the same, rather than changing it a few cents one way or the other.
Roses are the same all year unless I have a special or it is Valentines.