Gift Basket Business Blog

Find Your Place in the $60 Billion Wedding Industry

August 5th, 2008 at 12:48am Lorie Obernauer

“As more than 2 million U.S. couples sort out their wedding budgets–which averaged $28,732 in 2007, according to The Wedding Report Inc.–they’ll collectively be spending more than $62.8 billion this year to make the experience as memorable and personal as possible.” Full Article

Wow! So how can you create a niche for your gift basket business within this lucrative industry? Maybe it’s best to start in your own community and find out what goods and services are already being offered to brides and grooms. Over the slow summer months, visit some of these businesses in your neighborhood.

• Florists
• Restaurants
• Hotels
• Bridal Shops
• Tuxedo Rental Shops
• Hair and Nail Salons
• Bakeries
• Photographers
• Caterers

At each stop, make sure you leave information about the services that you offer and discuss how you might work cooperatively. For example, a florist who only does bouquets and reception flowers may be willing to give your name to the bride who is interested in “welcome” gift baskets for guests who are coming in from out of town. The photographer might allow you to leave one of your samples in his showroom.

Also check out your Yellow Pages for “bridal or wedding consultants”. In the past decade, the need for someone to “take care of all the details” has grown and consultants are involved in all phases of planning and organizing the wedding. Creating a good working relationship with the local wedding consultant may go a long way to helping you get involved in the wedding business.

You may also want to think about carrying some wedding items that you can include in your gourmet basket. Wine glasses for the couple’s first toast, a guest register book and plumed pen, or a wedding garter would be perfect accessories to add in your wedding gourmet designs.

Entry Filed under: Basket Enhancements, Gift Basket Supplies, Business Tips