8 Gift Wholesale Business Success Stories [2024]

Pat Walls

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Updated: November 19th, 2023

Start A Gift Wholesale Business

Here are some real life success stories of starting a gift wholesale business:

1. GiftBasketsOverseas.com ($10M/year)

Dmitriy Peregudov, the founder of GiftBasketsOverseas.com, came up with the idea for his business after experiencing difficulties in sending gifts internationally. He realized there was a need for a one-stop solution for personal and corporate gift senders and launched his first website, flowers2moscow.com. Since then, he has expanded to offer global gift delivery in over 200 countries and has seen significant success, with average monthly profits of around $100K.

How much they make: $10M/year
Current team size: 95

How I Started A $100K/Month Corporate & Personal Gift Baskets Company

GiftBasketsOverseas.com is a global gift delivery company that generates $100k in profits per month and connects more than two million people worldwide for personal and corporate purposes through their platform.

About

Dmitriy started GiftBasketsOverseas.com almost 17 years ago

Revenue

Dmitriy grew the business to $833K/month

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Read by 14,120 founders

2. OffiNeeds ($9M/year)

Srikanth Acharya, the founder of OffiNeeds, came up with the idea for his corporate gifting business after a prank where he jokingly told people he was going to start a corporate gifting company. However, while answering questions about the business, he realized that there was a market for it and created a business plan. He resigned from his job and launched OffiNeeds, which has now almost doubled its revenues year-on-year and is on track to achieve INR 100 crore in revenue this year.

How much they make: $9M/year
How much did it cost to start: $1K
Current team size: 100

An April Fool’s Prank, Led Me To Start My Corporate Gifting Company

Offineeds, a leading corporate gifting and custom merchandise company that has doubled its revenues year on year over the last 3-4 years through the use of technology, offers solutions including Official BrandStores, New Joinee Welcome Kits, GiftKart, and Gift Voucher solutions serving over 2,000 large corporate clients.

About

Srikanth started OffiNeeds about 19 years ago

Revenue

Srikanth grew the business to $750K/month

Costs

It cost Srikanth $1000 to start the business

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Read by 3,637 founders

So... can you actually make money with a gift wholesale business?

Of course. There are millions to be made in this industry.

But how?

Research real, profitable businesses and see exactly how much money they make.
Study exactly what works, and what doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. Free Website Builder For Your Business

Google My Business can automatically generate a free website for you using info from your Business Profile, and you can edit it anytime.

Website traffic: 66M/month

5. UncommonGoods

Where they're located: Columbus, Ohio, USA

So... can you actually make money with a gift wholesale business?

Of course. There are millions to be made in this industry.

But how?

Research real, profitable businesses and see exactly how much money they make.
Study exactly what works, and what doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. Faire Wholesale, Inc.

Faire helps retailers find and buy unique wholesale merchandise for their stores. Retailers can order online wholesale and get flexible payment terms and free returns.

Where they're located: Atlanta, Georgia, USA
Website traffic: 3.47M/month

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Starting A Gift Wholesale Business: Everything You Need To Know

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