Thursday, December 2, 2010

Has anyone ever ran a gift basket business or knows anything about the business?

I will appreciate all feedback as this is a business I am strongly thinking about doing. Thank you
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I didn't run the business, but I was an employee of a company that recently went down because the market got so slow. It costs a lot of money to keep one of these companies going. You got to but the baskets, ribbons, wrap, and contents all at a cost low enough that when you add in your 30 percent mark-up and your delivery fee and pay any employees that you might have, you still make a profit. But it is a fun and rewarding business. How fun and exciting it is knowing that you are responsible for bringing joy to people on a bad day or a when they're sick or on a wedding or graduation day. Our company also picked up the local car dealerships and made baskets for everyone who bought a car from them. Also, we made baskets for local charities to auction off. There are a LOT of things that a basket company can do to get business, but there just wasn't enough of that going on where I live, so we stopped. The owner is still making them by herself though.
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