Episode 10: “Florist Pricing 101: Markups, Labour & Profit”
Pricing with Purpose: How to Charge What You’re Worth
Pricing your floristry work can feel like a daunting task, but getting it right is the key to making your business sustainable and profitable. In this episode, Debra dives into the nuts and bolts of pricing structures — from markups on flowers and gift lines to adding a labour component — and how small changes can make a big difference to your bottom line.
We cover:
The difference between turnover and profit (and why it matters)
How to play with multipliers to see what works best for you
Adding labour into your pricing and what the industry award says we must pay our staff
Why different products can have different pricing markups
The importance of reviewing and adjusting your pricing regularly
What to do when your new pricing doesn’t align with your current audience
Plus, Debra shares exciting news about her upcoming 8-week Reset & Refocus program for florists.
It’s a heavier topic but a timely one — especially as we head toward the end of the financial year.