Scope of the Gift Basket Business
One home based business that suits almost all situations is the business of creating and selling gift baskets.
People recognize the important role the human element plays in the success of an enterprise. Simultaneously, people have also recognized the value of maintaining good interpersonal relations. Most businesses and individuals therefore tend to gift others at various occasions to create a sense of closeness and foster commitment.
More and more people looking for that “perfect gift" tend to choose gift baskets as gift baskets are suitable for just about any occasion and any budget. Gift baskets are becoming the gift of choice for birthdays, weddings, special events, anniversaries, housewarmings, and romantic occasions. Gift baskets are a way of expressing thank yous, sympathies, and congratulatory messages for a new baby, and other celebratory milestones in life. Businesses that send gifts to their employees and clients on general occasions or on recognition of landmarks also prefer gift baskets.
The gift basket business has enjoyed a tremendous growth in popularity over the past few years, with the total sale of the industry around $3 billion a year. Potential annual revenues for a home based entrepreneur range from $10,000 or more annually, depending on the effort taken to conceptualize and market the product.
Please click on Page 2 to read about the advantages of a gift basket business.
Image Credit: The Business of Gifting (www.free-stockphotos.com)