Marketing Tip: Offer Personal Care Corporate Gift Sets

The holiday season brings forth one of the biggest spending seasons of the year. Holiday gifting is a billion-dollar industry, with people not only shopping for their personal life, but also for their professional life. Personal care corporate gift sets are a great item to have in your store this holiday season. In this post, we will give you a rundown on why offering personal care corporate gift sets can get you more market share.

How Much Do Businesses Spend On Average?

When it comes to spending caps, the ranges vary depending on the size of the company. With bigger companies having a higher budget to spread over more employees. While smaller companies will have a smaller budget. Plus, there is a $25 business gift deductible limit per person. So having a starter gift set for $25 makes for a quick grab for business owners, especially in bulk. And having more expensive gift sets for those looking to shop for someone more specific. Here is a link to the IRS FAQ page for more information on tax-deductible business gifts.

• The average employer spends per employee is $75-124, depending on the business size.
• The average employee spends $50-$150 on fellow employees and bosses.

Personal Care Corporate Gifts People Will Actually Appreciate

When it comes to corporate gifts, we’re sorry to say that candles and bar soap don’t quite make the cut. The Personal care that people actually want is self-care and wellness gift sets like home spa gift baskets, and luxury skincare. Nothing says “we appreciate your hard work” like a gift that helps a good employee pamper themselves. Here are some ideas to get you started on curating gift sets.

• Spa Gift Set: Bath Soaks, Shower steamers, and face masks are great for helping someone in the work space unwind within the comfort of their home.
• Essential Oil Set: Find a wide selection of essential oils at wholesale prices on our website. You can also dilute the essential oils in MCT oil for the more novice user.
• Luxury Skin Care: Thick Creams, high-end skincare, and indulgent products are the preferred personal care corporate gift over soap.

Personal Care Corporate Gift Set Ideas

Here are some ideas and examples of personal care corporate gift sets. From a gift set at the value of the $25 tax write-off. To a curated gift set that reflects a deep appreciation for a coworker or employee. Use our Cost and Profit Calculator to help you create a gift set that will be profitable and fit in your customers budget. The cost of the final product will fluctuate based on the base quantity purchased, the jar/bottle size, any extra additives, and final packaging.

• $25 tax write-off 3-piece corporate gift set: This combo includes a body frosting, body wash, and body scrub retailing at $8.33 a piece. It would include:
  • 4-ounce Whipped Body Frosting with a unit cost of $2.45 (70.59% Profit Margin).
  • 4-ounce Multi-Function liquid Glcerin Body Wash with a unit cost of $1.92 ( 76.95% profit margin).
  • 4-Glowing Skin Sugar Scrub with a unit cost of $3.59 (57.50% Profit Margin).
• $80 Luxury skincare gift set: This is the bougie basket, made with the more expensive bases and luxury peptides like Eyeless or Matrixyll 3000. We recommend including 4+pieces like:
  • Whipped Body Fosting With 7% Butters-$20 retail value with a cost of $3.37.
  • Sugar & Shea Body Polish-$20 value with a cost of $3.68. Purely Mild Body Wash $20 retail value with a cost of $5.02.
  • Hyaluronic Gel Cream with Matrixyll 3000– a $20 retail value with a cost of $2.40.
• $35 4 pc therapeutic 5ml essential oil bundle: Repacking essential oil into consumer-sized bottles is a great way to capture the holistic market.
  • The average cost for 4-5 ml undiluted essential oils is $4.80 or $1.20 a piece.
  • The 5ml glass bottle costing .68 cents will be the most expensive part. This does not work in the cost of a box for these 5 ml bottles.

Closing Thoughts on Personal Care Corporate Gift Sets

First and foremost, the time to start prepping is now. Most people will start shopping a month before the holidays, so the latest you should have holiday products ready to go is right around Thanksgiving. Connect with corporations and be open to corporate gifting contracts. Stick to self-care, spa, and wellness products. People can be very persnickety when it comes to home fragrance, and people don’t favor bar soap as gifts.
Find our Bases, Fragrances, Peptides & Premium Additives on our website. Use our Cost & Profit Calculator to help with pricing out a gift set, fit for your desired audience.

Sources:
https://www.irs.gov/faqs/small-business-self-employed-other-business/income-expenses/income-expenses-8