It is not easy to find gifts for billionaires. Any luxury gift or even the most expensive gifts would not do the billionaire is most likely to have received it many times over. Caroline Stanbury has made a business opportunity out of this and has founded the Gift Library to get you the most exclusive gift. It is not for nothing that she is considered the authority on luxury gifting and style. She has been in the styling business for over a decade now and has built a large and loyal network of designers and artisans from all over the world. Gift Library, founded in 2008 provides bespoke luxury gifts created by elite designers like Anya Hindmarch, Katherine Pooley and Tusting. The company is growing very fast and now ships to 80 countries and last year achieved a turnover of £2m. Caroline is a hands on CEO who handpicks each product and has expanded her range to include best brands for women’s, men’s and children’s gifting. She has something for everyone with prices starting at £5.
Unique Gifts Delivered in the Quickest Time
Gift Library specializes in creating unique gifts made to bespoke specifications and delivered within the deadline. She has delivered gold plated football table and carved marble statues of a client’s children. Caroline talked at length to The Next Women.com about her gifting business. She said that she was passionate about luxury gifting and realized that it could be turned into a profitable business. She founded Gift Library soon after the birth of her first child. Her business has grown quickly because they have earned the reputation of providing the best product in the quickest time. Products are available at almost every price point but there is never any compromise on quality or luxury. She has been able to steal a march on her competitors as she has developed a network of highly sought after designers and suppliers. It is a pure e-commerce site but offers concierge service to help select a gift. They also claim to have the quickest delivery time. Caroline has managed to balance motherhood with her business very well. This business has made it possible for her to stay at one place. She looks after her VIP clients personally and networking all the time.
Business has Grown 100% Every Year
Caroline raised the investment for her business from her own savings and some close friends. She has worked only with people she knows well and can trust completely. She got valuable tips from some internet entrepreneurs. She also thinks that women who want to start their own businesses must interact with people in the same business who can guide you and give you valuable tips. They must know their market and customer well if they want to succeed. Caroline admits that she had to learn about many areas of the business she knew nothing about. Setting up a business and running it successfully along with her household that includes three young children has been a challenge that Caroline loves. She had started the business when the global economy was going through a downturn. She was clear about her concept and that’s what gave her and her backers the confidence to go ahead. Her confidence has paid off as she has been able to grow her business at 100% year on year, year after year.