The document discusses Candy Caryl D. Nuez's dream business plan for a personalized gift and souvenir manufacturing business called Sweet Kandi Personalized Gifts and Souvenirs. It would produce customized items like mugs, picture frames, jewelry, and home decor. The business aims to provide unique and sentimental gifts for various occasions. An online presence would allow customers to conveniently place orders and receive customized products. While success depends on understanding customer needs, personalized manufacturing could be profitable if managed well. Sustainable products and digital marketing agencies were suggested as potentially viable existing business ideas too.
The document discusses Candy Caryl D. Nuez's dream business plan for a personalized gift and souvenir manufacturing business called Sweet Kandi Personalized Gifts and Souvenirs. It would produce customized items like mugs, picture frames, jewelry, and home decor. The business aims to provide unique and sentimental gifts for various occasions. An online presence would allow customers to conveniently place orders and receive customized products. While success depends on understanding customer needs, personalized manufacturing could be profitable if managed well. Sustainable products and digital marketing agencies were suggested as potentially viable existing business ideas too.
The document discusses Candy Caryl D. Nuez's dream business plan for a personalized gift and souvenir manufacturing business called Sweet Kandi Personalized Gifts and Souvenirs. It would produce customized items like mugs, picture frames, jewelry, and home decor. The business aims to provide unique and sentimental gifts for various occasions. An online presence would allow customers to conveniently place orders and receive customized products. While success depends on understanding customer needs, personalized manufacturing could be profitable if managed well. Sustainable products and digital marketing agencies were suggested as potentially viable existing business ideas too.
The document discusses Candy Caryl D. Nuez's dream business plan for a personalized gift and souvenir manufacturing business called Sweet Kandi Personalized Gifts and Souvenirs. It would produce customized items like mugs, picture frames, jewelry, and home decor. The business aims to provide unique and sentimental gifts for various occasions. An online presence would allow customers to conveniently place orders and receive customized products. While success depends on understanding customer needs, personalized manufacturing could be profitable if managed well. Sustainable products and digital marketing agencies were suggested as potentially viable existing business ideas too.
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Republic of the Philippines
University of Southeastern Philippines
College of Business Administration
Activity 2 – Dream Business
BA 2005 Managerial Accounting
_____________________________________________________________________ CANDY CARYL D. NUEZ - MBA
a. What will be the name of the business?
Sweet Kandi Personalized Gifts and Souvenirs
b. Describe the business.
Personalized Gift and Souvenirs Manufacturing
Personalized gifts can range from customized mugs and picture frames to personalized jewelry and home decor items.
Is a creative and customer-focused business that thrives on providing unique and
sentimental items for various occasions and purposes.
The primary focus is on producing items that can be personalized with names, dates, messages, or specific images to make them meaningful and memorable for the recipient.
c. Where it will be located and do you think it will be strategic?
Many personalized gift and souvenir businesses operate online, allowing customers to conveniently place orders, upload customization details, and receive products at their doorstep. An online presence also facilitates reaching a broader audience.
d. Do you think it will be profitable venture?
Personalized gift and souvenir manufacturing has the potential to be profitable, success often depends on the entrepreneur's ability to navigate the market, understand customer needs, and deliver high-quality, unique products.
e. What existing business do you think will be the best business to venture? Research a lot about that business.
Sustainable Products: As environmental awareness grows, there's an increasing
demand for eco-friendly and sustainable products. Consider a business that offers sustainable alternatives, such as reusable goods, eco-friendly packaging, or upcycled products.
Digital Marketing Agency: With the rise of online presence, businesses often seek digital marketing services. If you have expertise in social media, SEO, content creation, or other digital marketing aspects, starting an agency could be a good fit.
Personalized Gift Manufacturing
Personalized gifts can range from customized mugs and picture frames to personalized jewelry and home decor items.
To start a personalized gift manufacturing business, entrepreneurs will need access to high- quality materials and equipment, such as engraving machines, 3D printers, and embroidery machines. They will also need design skills and software to create personalized designs for their clients.
Personalized gift manufacturing businesses can sell their products through various channels, such as online marketplaces, social media, and local retail stores. They can also offer customized products for special events, such as weddings, birthdays, and corporate events.
One of the advantages of personalized gift manufacturing is the ability to offer unique and personalized products that customers can't find in traditional retail stores. This allows businesses to differentiate themselves from competitors and offer products that are tailored to their customers' needs and preferences.
Overall, personalized gift manufacturing is a promising small manufacturing business idea
for entrepreneurs looking to enter the personalized gift market. By leveraging their design skills and manufacturing expertise, and utilizing various sales channels, personalized gift manufacturing businesses can build a loyal customer base and achieve long-term success.
