Gift365.in was established in the year 2006 by a young visionary entrepreneur Mr. Vijay Amin who dared to dream to be a successful entreprenure. Mr. Amin after leaving his cushy bank job started a service oriented profession dealing in Corporate Gifts which has a complex nature as this does not involve manufacturing but sourcing quality manufacturers of gift items at fairly reasonable price and then offer the said items to corporate world who are always in need of good quality of gift items to boost up their sales. After sheer dint of hard work, determination and singleness of purpose, single handedly Mr.Amin achieved both his short term objectives viz professional manufacturers and corporate buyers and thus gift365.in became a Corporate gifting solutions Architect and became a platoon from one man army.
Right now we cater to only Mumbai Market, mainly Corporate Houses.
Offerings & Value Proposition
Innovative products that offer value addition to the customers’ brand, products shaped like actual products, developing new product ideas after having brain-storming sessions with customer’s team. Building up customer’s brand in order to sustain it, offer them solutions with alternatives. Beside that we have an excellent after sales services module in the form of an innovative Software which has immensely impressed our valued customers.
How are We Different from Competition
Right product for right occasion/appropriate indication
Timely delivery schedules
Impeccable after sales services
Clients Continuous repeat orders for the same items or new items, which reflects in our turnover.
Trends in the Addressed Market Landscape
If one has to stay in the market one has to innovate, creative, cost conscious and offer the products as per the changed environments.
Intensity of Competition
Competition is fierce in our line of the business, that brings out the best from our team. We are at war in the market arena, with continuous drill, training and motivation our troops have been fighting each war to win.
We are professionally managed organization. We have continuous. Training and development programmes for both our staff members and Management personnel.
Current Market Size
Present market size of gifting industry is around US $ 30 billion/annum. In the next financial year we plan to enter other major metro cities in India. We regularly add more products/suppliers so that we can give better service to our clients. We are also concentrating on building effective back end team by using technology.
Our present activity is restricted to only Mumbai City, we have planned to penetrate in to all India market in the next financial year.
Current Status of Company
No.of Employees: 25
Revenue: 4 Crores/annum
Investors: Self financing
Investment opportunity: Investors are welcome
Road Ahead / Challenges
Fierce competition, reduction in margins by competitors, Innovative Products etc.
Recruitment of additional field-staff, sourcing of new suppliers, bulk buying to get price advantage, continuous training & Development of the staff etc.