HOW TO MAKE MONEY WITH GOURMET GIFT BASKETS
Here's a pleasant home-based business that will challenge your creative
as
well as your managerial skills. It's a fun business for those who
have the
flare for creating appetizing gift packages.
A FUN PRODUCT
Gourmet gift baskets have become popular in recent years. They are
a
collection of desirable items, and in such a variety that they appeal
to all.
By determining the markets you want to target and the type of baskets
you
want to produce, you can set your income goals for as little or as
much as
you like.
CORPORATE ACCOUNTS
From the very large and the very small, businesses have needs for gift
giving on a pretty constant basis.
By targeting corporate accounts, you protect yourself from potential
sales
fluctuations common to what are generally considered seasonal items.
Businesses love gift baskets because they are "safe" compared to other
gifts
like chocolate (many people now carefully watch their fat intake) or
wine &
spirits (many people don't drink). Of course, other possible clients
for your
gift baskets include associations, retail outlets, fund raisers, and
individual customers who purchase for themselves or as a gift.
CREATIVE DESIGNS
Gourmet gift baskets are fundamentally a few nice items placed in a
unique
arrangement and presented to look extravagant. Use your imagination
and keep
an eye for unusual and appealing products. To keep unit price low,
inventory
most commonly used items by purchasing direct from the manufacturer
or main
distributor. Look for large pretty items; they will give your product
"size".
THEME MARKETING
Focus on a theme and build around it. From a corporate perspective,
create
presentations that communicate the corporate logo or marketing slogan.
Do not limit yourself by just using baskets as your main vehicle. For
example, a basket with an Italian theme can use (as its basket) a large
pasta
bowl to hold a small vinegar, olive oil, sun-dried tomatoes and kitchen
utensils.
Raffia or "grass" can be used to cushion the items, sealed together
with
shrink wrap. Finish your basket with a bow or creative ribbon, and
you've
got a product that can be retailed for around $39. Your cost: as low
as $12.