Myths and Misconceptions About Starting a Gift Basket Business
By Reba Collins
Do you want to start a gift basket business? Are
you overwhelmed with the many online resources
that are available or concerned that you'll lose
money by investing in a program you don't need?
While starting a gift basket business sounds fun
and easy, it's still a business and needs to be
approached just like the start-up of any other
business.
So, how can you be sure that you can succeed at
owning your own gift basket business? Learning to
read 'between the lines' will better prepare you
for what's really involved. Here are some common
phrases that I hear often when talking to people
about opening a gift basket business and a little
extra information that most don't want to hear:
#1 - It's Simple &
Easy
Simple and easy depends on who's speaking. A
doctor may tell you it's only a 'simple procedure'
but that doesn't mean you should attempt it
yourself.
As businesses go, a gift basket business IS simple
to operate. Many people run their gift basket
businesses from their homes or from a small
office/warehouse. You just need a little
creativity, some designs, some inventory, a phone,
and the willingness to sell. If you understand how
the business works you will be amazed at the
simplicity - but getting to that point will
require time and experience. You may have to
invest in some training both in gift basket design
and marketing and on how to run a business before
you get to the point of being able to call it
"simple".
Those who have learned from experience can look
back and see how simple it COULD have been if
they'd known what to do all along. Getting some
good training can be a great assistance to your
business efforts.
#2 - Anyone Can Do
This
Sorry - starting a business of any kind is
stressful and requires a learning curve; a gift
basket business is no different. If you are
attempting to start your business out of
desperation or the belief you will make easy
money, you will face enormous obstacles. On the
other hand, if you are truly seeking a business
you can learn, work at and make a living from, a
gift basket business can do that for you.
Studies of successful business people concur that
those who "make it" have common qualities of
persistence, patience and desire. These qualities
are essential when trying to start a gift basket
business as well - do you have them?
#3 - Turnkey
The term 'turnkey' used to mean that a business
was set up and ready to go. You will find the term
in business classifieds where the new owner can
just step in and start running the business.
Unfortunately some marketers use the term to
suggest a gift basket business is fully automated
- that there is no work involved. The term is
often seen on eBay where marketers are selling
gift basket websites.
I'm sorry to burst your bubble, there is always
work involved when starting a business, no matter
what business your trying to start up. If the
business really is turnkey, then you will begin
work right away because it has already been set to
go. If you want an automated business, don't go
into the gift basket business, it will never be
automated. There will always be gift baskets to
design, make and get delivered.
#4 - It Won't Cost
Much
You absolutely CAN start a gift basket business
with little money, but be prepared that a
combination of little money and lack of experience
will stifle your efforts immensely.
Most individuals who start or run a business with
no money have learned how to make use of the their
business experience. They have paid their dues by
trying other businesses that cost money. Often
they have spent time in and around the gift basket
industry and they've been able to see where they
can cut costs.
If you are prepared to spend a LOT of time
researching before starting your business you may
be one of the few who does it right the first
time. For most people though, expect to pay
something towards your gift basket business
education before seeing results - you just can't
buy experience.
Beyond education, also expect to invest in the
supplies and inventory you will need to fill your
orders. Starting small is okay, just be sure you
have enough money to invest as you grow.
#5 – I Won’t Have
To Do Any Selling, I'll Sell My Baskets On The
Internet
Again, you absolutely CAN sell your gift baskets
on the internet, however, building and marketing a
website is not as easy as the old saying, "build
it and they'll come". Internet marketing has
become a sophisticated process that includes
optimizing your website to get ranked in the
search engines, building a newsletter list and
email marketing, and creating content to draw your
customers back to your site.
Recently there's been a lot of talk about
businesses marketing with their blogs and RSS
feeds, do you even know how to do any of this?
Again, either you have the experience, you spend
the time and money to gain the experience or you
hire someone to do it for you, but don't think
people will just "show-up" when you launch your
website. And lastly, never think that you'll be
able to get out of selling because you have a
website, business is selling, and this goes for a
gift basket business the same as it goes for a
Fortune 500 company.
Starting a gift basket business obviously has its
share of work involved, but if you find you have a
passion for creating, selling and running your own
business, and love to create gift baskets, then a
gift basket company can have enormous payoffs. As
long as you are willing to sacrifice time and
money to achieve success, running your own
business is enormously satisfying and can give you
more time to do what you really want to do in
life.
Creating a successful gift basket business is
within the grasp of nearly everyone who is
prepared to stick to it. Face the task of starting
your business with realistic expectations while
continuing to dream big and you may just surprise
yourself!
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About the Author:
Reba Collins is the owner of Gift Basket Wholesale
Supply ~
http://www.giftbasketwholesalesupply.com. Stop
by and sign up for our newsletter and receive our
FREE 8-Day eCourse ~How To Make Beautiful Gift
Baskets~.






