Business is one of the ways you can earn a higher income. But not many business owners know how to make money in the industry the involved in. The first 3 years are the crucial time where you must have strong business strategies to maintain and successful.
In gift industry, it’s really easy to make money when you know the formula.
The key to success in this business is to always learn the scenario in the gift market.
Market Demands of Personalised Gifts
In gift industry especially for personalised gifts, we classified gift into 2 categories:
- Personalised Gifts: People tend to give gifts during special occasions (such as birthday, wedding etc.), seasonal and commemorative day (such as Christmas, Mother’s Day, Valentine’s Day etc.)
- Corporate Gifts: Many organizations, corporate body, company, etc. were using personalized gift for their marketing activities, keeping a loyal customer and for keeping a good relationship with business partner, employee, and customer.
From above situations, we can see the continuous demand for personalised gift no matter in the personal market and corporate world.
Or we could say this, “As long as there is LOVE among us, there are always niche markets for personalised gift ideas”. Unique & personalised gifts are the best business opportunity for you in the gift-giving industry with increasing market demand and potential.
How to Maximize Profits?
Now, you know personalised gift business can help you to earn money. The Below chart is our recommended retail price for you in order to get higher income with maximum profits.
|MUG||Material||Printing||Cost Price||Retail Price||Gross Profit||Profit %|
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|Company Name||:||DIY Printing Supply Sdn. Bhd. (983005-H)|
|Contact Number||:||019.3233.864 / 019.3232.556 /019.3232.740|