Pricing of Balloon Decor
by Mr Dan the BalloonMan
If someone asks for 20 colums at 25' high with a 36" balloon at top and 12 clusters of 4 colors... how much would you charge or expect to be offered?
According to BalloonHQ.com discussing prices publicly is against the law, as it's considered as "price fixing". But it's ok to discuss the rules or formulas how to calculate the prices for your designs.
In my eCourse "How to Start Your Own Balloon Decorating Business", I explain two different methods for determining your prices.
One is a proper calculation, where you take direct costs, business overhead and profit margin into account.
The other is a simple estimate, where you add up all your direct costs, and charge 2.5 times of your direct costs. Direct costs are all materials and labor needed to complete the job.
This short video tutorial How to Price Your Balloon Decor should help.
I first thought the 25' size was a typo... as those are indeed huge columns. So the advice given by a fellow balloon professional to offer an alternative decoration makes sense to me.
Best of luck,