Monday, December 24, 2007

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.

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