Sunday, February 1, 2015

How to Start a Gift Basket Business | Starting a Gift Basket Business

Gift Basket | Business IdeasGift basket business is a rare among all the businesses where you will find less competitors and towering profit. You can always design gift bags or baskets for wine, champagne, candy, cheese, coffee, cookie, etc - or else you can target the occasions like Anniversary, Baby Shower, Birthday, Valentine, Christmas, Chinese New Year Hamper etc. Saint Valentine's Day, also known as Valentine's Day or the Feast of Saint Valentine, is a holiday observed on February 14 each year. It is celebrated in many countries around the world, although it is not a holiday in most of them. A Gift Basket Business can be fun and profitable for a crafty person. Many people start out by signing on with gift basket companies or purchasing business opportunities that require monthly payments. You don't have to commit to paying monthly fees to get started in this business, however. You can build your own gift basket company from scratch. Becoming successful in the gift basket industry may take some planning and time, but you can get started quickly, even if you are on a budget.

Engaging in a gift basket business can be very rewarding especially during Christmas. During this gift giving season, people are looking for gift baskets that they can give to their friends, colleagues and loved-ones. Some people are also too busy to prepare their own gift baskets that they will more likely look for people who are selling gift baskets. Because the Christmas season will be here soon, this is the best time to prepare if you want to engage a corporate gift baskets business. A unique gift basket business is best for hobbyists who are interested in gift crafts and for stay at home people looking for ways to earn an income. Gift basket business is also best for employees because they need not resign from their day jobs to start a gift basket supplies business. 

Here are some of the things you need to know if you want to start a corporate gift basket business:

Preparing the gift basket

Your gift basket company is basically centered in the preparation and selling of gift baskets. You can make use of your creativity to come up with adorable gift baskets. It will be very helpful though if you check out some gift basket pictures in the internet to get great ideas on how to prepare well presented gift baskets. You also need to consider the content of your gift baskets. Among the most common gift basket contents are toiletry and bath items, fruits and gourmet food. Gift baskets that sell well during Christmas are those that contain fruits and canned goods. Nevertheless, it will be a good idea if you allow your gift basket business clients to customize the contents of their gift baskets. Couples who are planning to distribute gift baskets on their wedding day, for example, may request for gift baskets containing toiletries and bath.

Your clients

While a number of people will be looking for gift baskets especially during occasions and during the Christmas season, it will be a good idea if you know who your gift basket business markets are. This will give you an opportunity to know how to best market your gift baskets. Business organizations and businessmen are among the best clients in a gift basket business. This is for reason that business organizations need a number of gift baskets to distribute to their clients, employees and even business partners. In addition to this business organizations need gift baskets not only during the holidays but all year round to distribute as birthday present to their employees and clients. Family members, friends and fellow employees are also potential markets for your gift basket business.


Step 1

Decide where you will run your gift basket business. Home-based gift basket businesses typically have lower overhead and allow for a reduced start-up investment. Storefront business typically get more foot traffic and may find it easier to make initial sales.

Step 2

Learn how to make gift baskets. You may learn how to create gift baskets by enrolling in a training workshop, purchasing an instructional manual or video, or even following instructions that are posted in online tutorials.

Step 3

Obtain business licensing. The requirements for business licensing may depend on where you open your business, but licensing is often required for traditional and at-home businesses. If you plan to include food in your gift baskets, some jurisdictions will require you to obtain special licensing.

Step 4

Decide the types of gift baskets you want to sell. You may choose to sell gift baskets for all occasions or specialize in a specific type of gift basket. For example, you may specialize in baskets for new parents or focus on birthdays and anniversaries.

Step 5

Find wholesale suppliers of gift basket supplies. Finding low-cost items to include in your gift baskets may translate into more profit for you.

Step 6

Purchase supplies for your gift basket business. The basics you will need are a supply of baskets, cellophane or shrink wrap, ribbons, bows, colorful shredded paper or raffia and decorative items. You will also need a supply of items to place in the baskets, such as candy, cookie, teas, coffee, crackers and jam. If you plan to create baby baskets, you may stock things like infant toys, baby blankets and undershirts, baby lotion, baby powder and soap. For bath baskets, you may need items, including bubble bath, bath salts, bath sponges or cloths, body lotion and candles.

Step 7

Create an initial selection of gift baskets to sell. Depending on your budget, you may create just a few or start out with many different gift baskets. You may use these baskets as samples to show potential customers. You may also photograph them for a brochures, fliers or your business website.

Step 8

Set prices for your gift baskets. A good rule of thumb is to double the amount spend on making a gift basket. For example, you may charge $50 for a basket that costs $25 to make.

Step 9

Advertise your gift basket business. Pass out fliers and create a gift basket website to advertise your business. You may also place ads in telephone directories and newspapers. In addition, you may ask your loved ones to tell others about your new business.


  • Consider using the services of a gift basket drop-shipper that doesn't charge monthly fees. This may be a good option if you don't want to stock your own products and create the gift baskets yourself.
  • Open a business bank account. This may help you to keep your personal funds separate from your business funds.


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