Growing your gift basket business is as easy as spreading the word about your services and unique abilities. There are more than $3 billion dollars changing hands for gift baskets every year. You only need a tiny portion to grow your profits.
The gift basket business continues to grow as consumers shop online and offline for merchants that can deliver the goods quickly, effortlessly, and impressively. While businesses are the main buyers of gift baskets, individuals also purchase them as hostess gifts and to send to relatives and associates such as dentists, doctors, veterinarians, and teachers.
This month make it a priority to mail a flier or postcard promoting your gift baskets. You can order inexpensive pre-printed postcards or develop an inhouse flier. Either way, a direct mail piece to your customers is a no-lose proposition.
It’s easy to discover what’s selling. Go online and browse through some of the top gift basket websites. Take notes on what products they offer, the brand names of frequently used gourmet foods and drinks, the names given to the baskets, the price ranges, and how the products are packaged.
Pay close attention to exactly how much product is in each basket. Looks can be deceiving – which happens to be the Number One complaint voiced by gift basket givers and receivers, according to a study published in Niche magazine. Baskets that look as if they’re full of products often are mostly full of filler, such as crumpled wrapping paper, confetti, and foam squares with a few products sitting on top.
Look for the actual size of each item. What might seem to be a generous bag of peanuts in the photograph, on closer inspection often turns out to be barely a handful. Sometimes bottles of sparkling water or other beverages are one ounce instead of eight ounces.
With this information, you can plan your own line of gift baskets to rival what you’ve seen on the Internet. You can provide important and same-day delivery.
As you design your gift/gourmet baskets, keep in mind that surveys have shown that consumers are most interested in value and making a suitable impression with their gifts. They would rather purchase baskets that contain a few quality items than ones with many small, off-brand products. Therefore, a basket containing Godiva chocolates, Hershey bars, Mrs. Fields chocolate chip cookies, Geoff and Drew’s brownies, and Starbucks chocolate/hazelnut coffee would please a chocolate lover customer more than a larger variety from unfamiliar chocolate companies.
Concentrate on products that offer value, name recognition, and are at or near full size.
Your travels through the Internet gift basket sites probably revealed that many of them offer similar product groupings. That’s because the selections have proven to be popular with consumers. You should include these classic selections among your offerings. Here are the most popular ones:
Gift baskets can be shared and enjoyed by a staff. They comprise more than half of this $3 billion gift basket industry. That’s because they are ideal to send to offices, hospitals, clinics, and businesses. To get the most out of this important segment, you should offer more than one corporate gift basket.
When designing your corporate baskets, consider these important points:
Consumers have many places to look for gift baskets. If you haven’t marketed your gift baskets aggressively, both in the shop and on your website, you probably won’t be on their list. The good news is...you have relationships with the customers, you just need to get their attention.
Send marketing material to them frequently. Emphasize the special services you offer and advertise that you provide same-day local delivery. Mention that you retain order information to make it easier for them to order from you again. This service will appeal to corporate clients because they won’t have to start from scratch every time they order.
Convenience is important to consumers and this is especially so during the busy holiday season. Be sure that your customers can order gifts from your shop effortlessly by giving them several ways to communicate with you. Your marketing material should list all the means by which they can order – online, email, text, or by phone.
Order forms should ask them to specify if custom or personalized products are needed so that you can secure them immediately. Offer an extra product to customers who order by Dec. 1 for Christmas.
Don’t wait. The sooner you begin your marketing campaign, the better your chances at capturing more gift basket orders this season.