360 photo booth businesses are very profitable, primarily because people love taking and sharing photos and videos. Thanks to the advances in social media, photos and videos are two of the most eye-catching and direct business promotion media.
360 photo booths require simple, low-cost operation and the audience is pretty large. So, it attracts many people to carry out the 360 photo booth business. However, if you’re looking to take the time to understand and prepare for it, you’ll end up succeeding more easily than anyone else.
As a leading provider of 360 photo booth apps, we discuss how you can start a 360 photo booth business:
Create a business plan for your 360 photo booth business
Want to know how you can start a 360 photo booth business? Don’t ignore the importance of a well-crafted business plan. Many businesses are successful because they plan extremely well.
Developing a business plan is also a very smart action. For example, if you need financing, potential lenders will want to see your business plan first. This document can also help you stay focused on the actions you must take to start a 360 photo booth business.
The business plan can also act as a guide — you can set goals, draft income projections, identify sales and promotion actions, and do a lot more. You can take the idea of running your own business from a mere thought to a real-world plan of action that you can use to build a successful 360 photo booth business.
Today, there’s an app or template for almost everything. So, feel free to explore some of the best ‘fill in the blanks’ templates or apps that can help you build a business plan so you can start your 360 booth business the right way.
Set up your 360 photo booth business
Considering legalities is an important step when it comes to setting up your 360 photo booth business. You should decide what type of business you want to set up. While a sole proprietorship is the most common type of business, a lot of people also choose an LLC.
You can Google both to get a general idea of the benefits and drawbacks of each. You should also file the business paperwork so you can set up your checking account. While this may sound like plenty of groundwork to lay, it doesn’t take a lot of time.
In fact, numerous banks have business managers who can help you set up your checking account and paperwork simultaneously.
Order your 360 photo booth
Securing your 360 photo booth should be your next step. Look for a company that offers financing and top-level support.
Create a website for your 360 photo booth business
Now, once you’re done securing your equipment, get your website up.
Getting a website up and running is extremely easy. If you don’t have a technical background, try Shopify or WIX.
These companies are two of the best website makers — extremely affordable and easy to use. You can start developing your website right away while waiting for your 360 photo booth to arrive.
They can also help you set up credit card processing so people can rent various event packages from the website.
Market your 360 photo booth business
Once everything is ready, you can start marketing your 360 photo booth business. Based on your budget, start close to home by setting up a Facebook Business and Instagram page, as well as any other social media that you use for your business, and invite your friends.
Invest in some affordable business cards and pass them out wherever you go.
Don’t hesitate to provide your customers with some nice offers, like saving 15% when they refer to a friend.
You may also consider running Google ads — they’re an incredible way to get your new 360 photo booth business noticed.
Now, go back to your business plan, review it, and see what else you should do. When you move ahead with your business, your revenues will increase based on your advertising.
Ensure you always leave business cards and fliers for guests at events where you set up your 360 photo booth — that’s a clever way of gaining new customers.
While there will probably be countless things along the way, this guideline is a decent picture on how you can start a 360 photo booth business.
Do well and remember, we’re here for you!
Chacktok’s 360 photo booth app for iPhone and iPad help rental companies experience 360 spinning with just a single tap
Get in touch with them directly for more information on their 360 camera booth app!
About the Author
Timothy C. Bond has a degree in Media and Communications and more than 3 years of experience working with 360 photo booths. He also loves writing blogs in his free time to educate his audiences regarding 360 photo booths!