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Shirley George Frazier, a successful home-based gift basket entrepreneur, shows readers how to cultivate their creativity and employ savvy marketing techniques to run a thriving gift basket business.
Shirley George Frazier, a gift and gourmet consultant, writes for trade publications, conducts workshops, and speaks at trade shows and conferences throughout the country.
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February 19, 2007: Great information for a beginner is given in this book. From business plans to marketing, I recommend that anyone thinking of starting in this business ready this book.
Have you ever dreamed of starting your own gift basket business? Have you been hesitant to put your plans into action? This comprehensive book contains all the necessary tools and success strategies you will need to launch and grow your own business.
Author Shirley George Frazier, a successful home-based gift basket entrepreneur, shares her experience and down-to-earth advice on every aspect of setting up and running a thriving home-based business. She will show you how to develop a business plan, estimate your start-up costs, price your services, and stay profitable once you're in business. From painless record keeping to savvy marketing techniques, her step-by-step methods are realistic, innovative, and easy to understand.
Whether you want to earn your living making gift baskets for the general public or specializing in custom creations for corporate clients, this guide can help you experience the satisfaction of building your own home-based business.
Learn all about: what it takes to be a gift basket professional; appealing to the ideal market; pricing competitively; outshining the competition; developing a Web site and generating traffic to your site; home office and workspace setup; getting paid.
Use these special features and workbook pages: customer profile form, sample business plan, buying chart for supplies, sample purchase order, sales invoice sheet, delivery schedule form, expense analysis worksheet, extensive gift product listing.
Loading...| Acknowledgments | xii | |
| Introduction | xiii | |
| Chapter 1 | Understanding Your Target Market | 1 |
| Defining the Market | 4 | |
| Who Is the Typical Gift Basket Buyer? | 4 | |
| Guarantee Their Satisfaction | 12 | |
| Matching Your Baskets with Customers' Needs | 13 | |
| Customer Service That Keeps Them Buying | 14 | |
| Chapter 2 | What It Takes to Succeed | 19 |
| A Plan of Action | 19 | |
| Honestly Assessing Your Abilities | 21 | |
| Love and Support from Family and Friends | 49 | |
| A Winning Attitude | 51 | |
| Building a Superb Reputation | 51 | |
| Chapter 3 | Home Office and Workspace Setup and Structure | 55 |
| Choosing a Business Name | 55 | |
| Should You Consider a Trademark? | 56 | |
| Local Name Registration | 58 | |
| Sales Tax Collection | 58 | |
| Zoning Issues | 60 | |
| Working with an Accountant | 61 | |
| Choosing a Business Structure | 62 | |
| Choosing an Attorney | 64 | |
| Insurance Needs | 65 | |
| Finding Space in Your Home | 66 | |
| Organizing Your Workspace | 66 | |
| Maintaining Product Catalogs | 69 | |
| Projecting Your Best Professional Image | 70 | |
| Chapter 4 | Selecting Your Inventory | 79 |
| Checking In with the Health Department | 79 | |
| Profitable Occasions and Events | 80 | |
| A Shopping List for Success | 81 | |
| Where to Buy Products | 86 | |
| Buying in Bulk Versus Retail | 89 | |
| Obtaining Credit | 89 | |
| Understanding Buying Terms | 92 | |
| Free Samples for the Asking | 94 | |
| Co-op Buying Opportunities | 94 | |
| Home-Based Holds on Wines and Alcohol | 95 | |
| Chapter 5 | Gift Basket Design Tips and Techniques | 97 |
| Step 1 | Filling the Basket | 97 |
| Step 2 | Planning the Product Placement | 99 |
| Step 3 | Product Anchoring | 100 |
| Step 4 | Finishing Touches | 103 |
| Step 5 | Wrapping the Creation | 105 |
| Design and Construction Changes | 108 | |
| A Word about Shrink-Wrap | 111 | |
| Style by Trial and Error | 112 | |
| Themes, Colors, and Other Considerations | 112 | |
| Maintaining Bug-Free Baskets | 113 | |
| Keeping Wrapped Baskets Dust-Free | 114 | |
| Pricing Your Baskets for Profit | 115 | |
| Tracking Production Time | 119 | |
| Chapter 6 | The Elusive Corporate Market | 121 |
| Why Corporations Need Gift Baskets | 121 | |
| Who Makes the Decision to Buy? | 122 | |
| Where and How to Find Corporate Clients | 122 | |
| Choosing the Best-Selling Themes and Products | 125 | |
| Approaching Them with Care: Techniques and Key Words That Sell | 127 | |
| Getting Past the Gatekeeper | 130 | |
| They've Responded! Now What? | 132 | |
| The Meeting: Getting Down to Business | 133 | |
| Discounts, Deposits, and Collecting Payment | 137 | |
| What to Do after the Sale | 138 | |
| Problems, Concerns, and Solutions | 140 | |
| Asking for Referral Business | 142 | |
| In Case of Error, Break Glass | 142 | |
| Chapter 7 | Advertising and Promotion | 145 |
| Advertising Specialties | 145 | |
| Selectively Spreading the Good News | 146 | |
| Meeting New and Interesting People | 155 | |
| Selling on Consignment | 156 | |
| Advertising on the Internet | 158 | |
| Preparing for Slow-Selling Seasons | 165 | |
| Establishing a Toll-Free Number | 165 | |
| Chapter 8 | Delivery Methods | 169 |
| Making Your Own Deliveries | 169 | |
| The Basics for a Smooth Delivery | 171 | |
| Securing Baskets in the Car | 174 | |
| Keeping Your Car in Good Condition | 175 | |
| Finding a Reliable Courier | 176 | |
| Choosing a Shipping Service | 177 | |
| Protecting the Cargo | 180 | |
| Proper Attire for the Traveling Basket | 183 | |
| Charging Your Customers Appropriately | 183 | |
| Chapter 9 | Checks, Balances, and Payments | 187 |
| Reliable Recording Systems | 187 | |
| Records You Need for Business and Taxes | 189 | |
| Keeping Everything in Order | 193 | |
| Opening a Business Checking Account | 199 | |
| Accepting Checks and Credit Cards | 201 | |
| Installing a Merchant Credit Card Account | 203 | |
| Withdrawing Money for Personal Use | 207 | |
| Chapter 10 | Competition | 209 |
| Will the Real Competition Please Stand Up? | 209 | |
| Spying on the Competition | 212 | |
| Competitive Advantages | 214 | |
| Compiling Your Competitors List | 216 | |
| Rating Your Own Service | 218 | |
| When and When Not to Compete | 220 | |
| Chapter 11 | Keeping Customers for Life | 223 |
| Traditional Tactics | 224 | |
| Family Matters | 225 | |
| Professional Contact | 226 | |
| Combining Contests with Newsletters | 227 | |
| Teaming Up with Sales-Producing Partners | 228 | |
| Chapter 12 | Growth Opportunities | 235 |
| Growing from Part-Time to Full-Time | 235 | |
| Recruiting Help | 236 | |
| Buying a Business in Whole or Pieces | 240 | |
| Showing Baskets on Television | 241 | |
| Preparing a Media Kit | 244 | |
| Getting Attention with News Releases | 247 | |
| Working with Department Stores | 251 | |
| You Can Do It! | 253 | |
| Appendix | 255 | |
| Gift Basket Product Ideas | 255 | |
| Associations | 259 | |
| Gift Trade Shows | 259 | |
| Gift Basket Trade Shows | 261 | |
| Gourmet Trade Shows | 261 | |
| Gift Industry Permanent Showrooms | 262 | |
| Magazines | 264 | |
| Software | 264 | |
| Videos | 264 | |
| Gift Product Sources | 265 | |
| Advertising Specialties | 271 | |
| Gift Basket Business Web Sites, Classes, and Message Boards | 271 | |
| Glossary | 273 | |
| Index | 275 | |
| About the Author | 280 |
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