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.
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.
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".
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.
Minimum Start-Up: $500 Average Start-UP: 10,000 Revenue: $25,000 - $250K Profits: $10,000/Month One Person Business: Yes
Ordinary pine cones, of any size, can be made to look almost exactly like tiny owls simply by adding "eyes" which can be purchased at any hobby or craft shop.
When some people think about becoming rich, they might imagine suddenly coming into a bunch of money. Maybe they'll win the lottery. Maybe a rich relative will die and leave a fortune to them. Or perhaps they'll suddenly make it as a famous actor. Planning to become wealthy this way is a non starter.
Look in your mailbox. What do you see almost every day? Coupons. Look in your newspaper. What do you see EVERY day? Coupons. It seems like coupons multiply like rabbits. Why? Prices are rising, unlike a majority of people's incomes.
There are hundreds of opportunities in the service arena offering low-cost start-ups and high profit returns. Almost all can be run from home.
People are always interested in saving money. If you can develop a product or service that will help them save, you are almost guaranteed success.
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Order 5,000 3 x 6 commission circulars from your printer selling $1.00 items that you earn 50% commission on every order you receive. Have your name printed on them - it will save you hours of stamping time.