by Trish Williams
The craze for wholesale basket products is hot and growing. Many people are taking advantage of this craze by starting their own wholesale basket business. The possibilities are endless, no matter what your interests are. From providing beauty wholesale basket products, to fruit, cheese and vegetables baskets, the wholesale basket industry is a growing source of business for many people worldwide.
Starting a wholesale basket company from home
If you’ve always enjoyed a certain product, and have a knack for crafts and finding great deals on sale, why not combine these talents and skills by starting your own wholesale basket company? The investment is small and the possibilities are great. The key is to get at least five different types of specialty wholesale basket specials created. Take photos, list an inventory of what’s in the basket and create a brochure, flier, website and direct mail package. If you have more ideas (and money), create ten different types of baskets. Make a catalog and start a shopping cart online.
Buying your own wholesale basket products wholesale!
In order to make a good profit, it will be important for you to find the products for your wholesale basket at a discount. You’ll need to find a distributor or manufacturer that sells baskets, beauty supplies (or whatever you want to sell), and other packaging materials at wholesale prices. Some places will require that you have a retail license. If you haven’t gotten that far yet, find a website that sells wholesale baskets and wholesale basket products at discounts to consumers, even if you don’t have a retail license that allows you to buy wholesale.
My experience with wholesale basket products
I used to sell aromatherapy and related products. Many of these related products included bath gels, soaps, lotions and aromatherapy candles and incense. These made perfect gift baskets for my wholesale basket project. I sold many such baskets to friends, families and people visiting my website. The wholesale basket project was very popular especially around holidays. Uniquely decorating and wrapping the baskets with pretty bows and ribbons added to the creative flair of the whole package.
How much should you charge for your wholesale basket and related products?
Most gift baskets range in price, depending on the products inside the wholesale basket. A good way to determine the price to is check your competition. Visit some websites to see how much they’re charging for their wholesale basket. Also, check in the stores around your city to see how much baskets are worth. Compare the prices you’re paying and determine how much of a profit you want to make. As you purchase your baskets wholesale, you’ll be able to pass on your savings to potential customers.
Realistically speaking, gift baskets can range anywhere from $10 to $30 for the more moderately priced wholesale basket, to $30 to $100 for specialty baskets that include a wide assortment of goodies. The higher-end baskets may not be something you’ll want to invest in until you’ve made a pretty little profit on your first few wholesale basket gift sets. Once you’re established, the sky will be the limit…let your creativity flow and your home wholesale basket business will boom!
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