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How to Start a Gift Basket Business from Home

It’s obvious to see how a gift basket business can provide consistent income throughout the year – gift-giving is a year-round activity! With so many people giving and receiving gift baskets for almost any reason imaginable, it seems that money-making opportunities are plentiful. This is true, but you want to prepare your business for lots of competition before you launch your start-up. While it can be simple to start a gift basket business, finding customers can be more of a challenge – with so much competition in the marketplace, it’s easy to get lost in the mass of other gift basket businesses.  Keep the solution simple: focus on a niche market. When you go after a more defined niche market, you instantly increase your market share and can gain a more loyal following. Although a narrower niche market usually contains fewer people, your business, in actuality, can be more profitable – and attractively with much less work. Another benefit to focusing on a niche market as opposed to the massive general public is that you’ll be working around people who share similar interests as you, which usually makes work more fun and interesting. So what do you need to do to begin your gift basket business? 1.  Explore your niche – Start by focusing on a niche you enjoy and know at least a little bit about. That way, you’ll understand your customers better and know more about what they want. Some examples of gift basket niche markets include sports enthusiasts, items for baby showers or baby gifts, baskets for cooks like cookware or recipes, packages containing puzzles or games, etc. Interview successful gift basket business owners or invest in a basic gift basket business guide that shows you where to get low price inventory, how to price products for profit, how to use mail order and websites to your advantage, etc. 2.  Attract Your Customers – Where you find your customers will largely depend upon which niche you choose. Let’s say you create custom gift baskets for triathletes. You can advertise in local sports magazines, sponsor triathlon events or give away a gift basket at a sports event raffle. Partner with local cycling, running and swim shops, offering them a portion of a sale when they send you a customer referral. Offer free sample gift baskets to your local triathlete training groups to get the word out about your service – it’s a “feel good” approach for business owners who don’t enjoy selling. 3.  Get the licenses or permits you need from your local government office. Talk with an accountant and banker (you can get referrals from other local business owners or friends) to get helpful budgeting tips, financial strategies and tax advice that will save you time and money down the road. There is no “bad” time to start a gift basket business. People will continue to give gifts for all sorts of reasons, and there are so many niche markets you can profit from. In fact, a down economy usually shows less competition in the marketplace- the ideal time to enter and take over.  Why start your gift basket business later when you can start turning a profit now?

Sports Fan Gift Basket $46.95

Sports Theme Boxco Gift Basket Box - Large $4.95

SPORTS FAN GIFT BOX decorative base for gift baskets sm $2.49

SPORTS FAN GIFT BOX decorative base for gift baskets $5.95

"TV Sports" Gift Basket Box Party Supplies $5.99

SPORTS THEME GIFT BASKET BASKETBALL BIRTHDAY CONGRATS $76.25

FOOTBALL FAN GOURMET THEME GIFT BASKET SPORTS BIRTHDAY $78.75

GIFT for BASEBALL FAN GOURMET SPORTS THEME BASKET NEW $64.50

Sports Fan Gift Baskets $56.95

Picnic Time Windsor Picnic Basket, Service for 4 $203.99 Picnic Time Picnic Basket, Windsor...

Picnic Time Chardonnay Picnic Basket $39.95 Components:, 2 Wine glasses, 8 oz 1 Corkscrew, waiter style (stainless steel), 2 Napkins, cotton 14" x 14"....

Picnic Time Somerset Picnic Basket, Service for 2 $114.08 A picnic in the countryside wouldnt be complete without the Somerset English-style picnic basket! The Somerset is a double-lid willow basket with genuine leather straps, plush sage green corduroy interior, and deluxe service for two. This basket includes: 2 porcelain plates (8"""", white with green plaid rim), 2 handblown wine glasses (8 oz.), 2 (18/10) stainless steel forks, knives, and spoons, ...

The For Her Massage Gift Basket: Sensual Woman's Massage DVD / Sports Massage for Women , Oil, Relaxation Music, Candles, Incense (2 DVD/1 Oil/1 CD) $39.95 Basic Massage Therapy This massage therapy instructional DVD teaches the techniques used by professional massage therapists in everything from Swedish massage to deep tissue and pressure point therapy. The video is narrated and demonstrated by a Registered Massage Therapist with years of training and professional experience. The DVD skillfully covers all the basic introductory massage techniq...

The For Him Massage Gift Basket: Sensual Man's Massage DVD / Sports Massage for Men , Oil, Relaxation Music, Candles, Incense (2 DVD/1 Oil/1 CD) $39.95 Basic Massage Therapy This massage therapy instructional DVD teaches the techniques used by professional massage therapists in everything from Swedish massage to deep tissue and pressure point therapy. The video is narrated and demonstrated by a Registered Massage Therapist with years of training and professional experience. The DVD skillfully covers all the basic introductory massage techniq...

Mr. Handyman's Toolbox of Treats Gift Bag Tote - Gourmet Food and Snacks Gift Basket $49.99 Celebrate the man that can DO EVERYTHING! We fill this paperboard tool box gift tote to overflowing with gourmet goodies and treats to satisfy all his crunchy cravings. Featuring Savory Beef Salami, Camembert Cheese, Chocolate Espresso Cake, Too Good Gourmet Chocolate Chip Cookies, Roasted Peanuts, Jalapeno Cheddar Biscuits, Premium Coffee, Butter Toffee Caramel Corn, Black Peppercorn Crackers, Bu...

Fishing Fun Gourmet Food and Snacks Gift Bag Tote - A Great Gift Basket For Fishermen! $39.99 It's fishing fun for your loved one when they receive this clever gift bag filled with all kinds of snacks and treats to enjoy. Grab the handles and lets go fishing with Baked Nacho Chips, Roasted Pistachio Nuts, Butter Toffee Popcorn, Cheddar Cheese, Artisan Breadsticks, Swedish Fish Candy and a tub of Gummi Worn "Fish Bait." Each gift is hand crafted with attention to detail, tied with ribbon an...

Tailgate Party Time Gift Pail - Are You Ready for Some Football? $64.99 Tailgate party! Do you have a weekend warrior on your gift giving list? This awesome tailgate party gift pail is the perfect gift for all the sports fanatics you know. Filled to overflowing with delicious snacks and fun filled treats this gift is sure to impress everyone at the party....

Basketball Players Decorative Outlet Cover $4.99 Handcrafted to the highest standards using the artistry of the decoupage technique, artwork is triple sealed with a special sealant to ensure durability,easy cleaning and obtain an enamel like finish. Artwork will not fade. Our switchplates are heavy duty plastic nylon that is virtually unbreakable and hardware is included. A cinch to install. Each one of our switchplates is handcrafted with great...

Basketballs Decorative Outlet Cover $4.99 Handcrafted to the highest standards using the artistry of the decoupage technique, artwork is triple sealed with a special sealant to ensure durability,easy cleaning and obtain an enamel like finish. Artwork will not fade. Our switchplates are heavy duty plastic nylon that is virtually unbreakable and hardware is included. A cinch to install. Each one of our switchplates is handcrafted with great...