Posts Tagged ‘gift basket business start up’

gift basket business

Tuesday, February 23rd, 2010

gift basket business

gift basket business

I have a new gift basket business in Glen Elk,Clarksburg WV.What can I do to get the phone to ring?c?

I have sent flyers, newsletters, called people, , give a lot of donation, adds in phone book, verison newsletter,J. C's newsletter. yahoo serch local, diferent churches newsletter, hand ou card, . Iam getting scared because I am running out of money.
Help!!

I think you should think abouy diverifying a little. It is a rare business that suceeds without several different revenue streams.
Consider gift wrapping, packing and shipping, a drop-shipping service...anything...even opening up early with a pot of coffee and a flashing sign. You have a product that people only need occasionally and can do without if the economy is bad...

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How to Start a Home-based Gift Basket Business (Paperback)


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The Gift Basket Design Book (Paperback)


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When she published her first book about starting a home-based gift basket business, Shirley George Frazier blazed the trail for other home-based business owners coast to coast. She also tapped a growing demand for gift baskets, the ...

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The Gift Basket Design Book (Paperback)


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When she published her first book about starting a home-based gift basket business, Shirley George Frazier blazed the trail for other home-based business owners coast to coast. She also tapped a growing demand for gift baskets, the all-occasion solution for personalized and memorable presents. Her business was such a phenomenon that Frazier turned her experiences into a book to instruct readers how to make these baskets themselves, combining the creative with the practical and even providing designs for those who wanted to start their own business!  This all-new revised edition features:*distinctive holiday ideas*alternate containers for gift baskets*new gift baskets geared for: the techie, the college student, the pet lover, and more!Shirley George Frazier is also the author of MARKETING STRATEGIES FOR THE HOME-BASED BUSINESS (November “07) and HOW TO START A HOME-BASED GIFT BASKET BUSINESS, 4th edition. She is a business owner and marketing expert who appears at small-business workshops across the country, and is often featured on TV network shows as an expert on home-based businesses.

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Tips to Start a Gift Basket Business

If you have been looking for a business of your own to start, you may have considered gift Baskets. Gift baskets are very popular, and this time of year they are even more popular as the holidays approach. While anyone can buy a regular present, there is something about a gift basket that makes many people think so much more thought was put into the present.

If you are creative and have a great feel for what people want, this may be a great way to make money for you.

What Gift Baskets to Sell

There are a number of styles of gift baskets you can sell. Some of the popular themes include:

Gourmet food items
Baby Baskets
Spa and Bath Gif Baskets
Business Themes
House Warming Gifts
Romantic Fun Baskets
Wedding or Anniversary Baskets
holiday baskets
birthday baskets
Holiday Baskets

You can choose just one or two of these categories when beginning your gift basket business or decide that you would like to have a few in each category to try and capture a larger audience.

Which selling strategy you are going for will depend on who you expect to be your customer base. Consider where and how you will be selling your baskets and what types of people will likely be there to make purchases. This will help you come up with a good idea of which baskets will do the best.

Making Gift Baskets

Once you are ready to get going in your Gift Basket Making business, you can either do a trial run or jump in with both feet.

If you want to do a trial run, you should purchase the items to make a couple of baskets and come up with a couple of creations. Show these to people you know so they can let you know what they think and what they would pay for them.

Once you are ready to really get to work, you should not be paying retail for any of the items related to your business. You need to take advantage of wholesale buying. Wholesale buying is where you go directly to the manufacturer or distributor of the items you are trying to sell and purchase the items in bulk at wholesale cost (usually 50% or more below retail).

In addition to getting the items you want to put in your baskets at wholesale prices, you should also make sure to get all your decorative items such as the baskets, wrapping paper, ribbons, etc at wholesale prices as well.

Setting a Price

Once you have put your baskets together, you need to set a price. Add up the cost of all the items involved in the basket (including the wrapping items) and add on the cost of your labor. Double this total and you have a pretty good starting price for your baskets.

About the Author

Steve Sikes is an MBA and writes articles on wholesale and liquidation auctions and how to make a profit reselling these products. He also writes articles on financial products including insurance and credit cards. To read other articles on wholesale and liquidation auctions and making a profit buying and reselling liquidation clothing, jewelry, electronics, apparel and much more, you will want to visit www.WholeSale611.com

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