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How to Make Gift Baskets for Money

Contributor
By eHow Contributing Writer
(2 Ratings)

If you are a creative person looking to start your own business, making gift baskets might be for you. Perhaps you would like to make gift baskets on a part-time or full-time basis. Either way, making gift baskets for money is fun and can be very profitable. Gift baskets are popular and appropriate for nearly every occasion, so there is plenty of opportunity to make money with them. Read on to learn how to make gift baskets for money.

Difficulty: Moderate
Instructions
  1. Step 1

    Decide what you are going to use to fill the gift baskets. See what types of gift baskets are already out there and put your own spin on it. Make them personal. A gift basket that is different from other themes already used stands out more than the usual types of gift baskets.

  2. Step 2

    Prepare at least a dozen or two baskets before you even begin to advertise. Most people will order gift baskets to be sent or picked up immediately. Your ability to deliver quickly can prove beneficial in starting up a gift basket business.

  3. Step 3

    Create advertising materials. Take pictures of your baskets and post them on a website. Print up a brochure about your gift baskets. Advertise in newspapers and local magazines.

  4. Step 4

    Charge prices that allow you to make a profit. You'll need to cover the cost of the basket and the items as well as any shipping fees, should customers request the baskets be mailed to them.

  5. Step 5

    Listen to your customers. Over time, you will most likely get suggestions from customers about what they might like your gift baskets to include. Take note of these suggestions and take action on any you think will benefit your business.

Tips & Warnings
  • Make your prices reasonable and competitive. You'll need to cover your costs, but if you charge too high, it might be tough to build a customer base.
  • Read about starting a gift basket business. Two good books on the subject are "The Complete Guide to Starting a Gift Basket Business" by Rita Wilhelm or "Start Your Own Gift Basket Business" by Sherry Miller.
  • Offer a variety of styles and colors of gift baskets to increase interest and draw more customers.
  • There will be a start-up cost to begin making your gift baskets for money. You' will need to buy all the materials before you can begin.
  • You must have plenty of room to store all your baskets and items. Make sure you have storage room or consider renting a space, if needed.

Comments  

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on 10/12/2009 Great tips!

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