Invest in Photo Booth and Magic Mirrors to Supplement Your Income
Times are changing. Costs are escalating and the standard of living is rising. Wouldn’t it be nice to have an additional source of income to fight inflation and save for the future? If you’re enterprising then you must have given some thought to doing something for a ‘bit on the side’.
But have you thought about one of the most lucrative ways to supplement your income? We’re talking about the photo booth business. Nothing can beat the fun and freedom of having a side gig like a photo booth and a mirror booth business.
The new way to party
Have you noticed how a majority of celebrations and events seem to have photo booths and magic booths?
It’s a surefire way to keep the guests engaged for hours. No wonder, the demand for photo booths is rising.
Many smart entrepreneurs have recognized this opportunity and have launched their own selfie booth business.
Here’s why you should consider investing in the photo booth business
Be your own boss
The best part about a side gig is flexibility and freedom. You can choose the hours and times as per your discretion. You can scale up and hire people as you grow.
A bit on the side
Customers are happy to pay for premium quality and service. Opportunities are rife and turning a profit is not at all difficult if you’re dedicated and have the knack for it. But the best part is that you can have fun while you earn. Isn’t it a win-win deal?
Start small and scale up
Many entrepreneurs have dabbled in the photo booth business with a weekend gig, only to realize the immense potential and scope for business. You can scale up and hire more people as the demand rises and business grows.
Eventually, you might even be able to do this full-time and invest in more equipment and resources. That’s the thing about business; there is no limit to what you can do.
Common questions when you launch your own selfie booth business.
It’s an obvious concern that most new businesses have. How will I source new customers? Luckily with the photo booth and mirror booth business, you don’t have to spend much on advertising and marketing. Customers will come looking for you and you can extend your reach quite organically.
Thanks to social media and a plethora of ways to optimize your website, you can get the desired reach and traction quite easily in your target demographic. Word of mouth marketing works wonders with these type of businesses. Make sure you design an informative and appealing website to make the most of digital marketing.
Each party, celebration and venue becomes an extended network of potential customers who will come looking for you for their own set of events.
Photo Booth Gear
There are plenty of choices as far as booths are concerned. Decide the look that you are going for, and the target demographic and you’ll find countless options.
You can opt for the open photo booth. Basically, open booths are a combination of cameras, backgrounds and props. The camera, computer, monitor and flash are housed in a custom, lollipop style setup. This enables all the guests at the party to see the action.
But you can customize the setup based on the type of photo booth business you are running. Many open booths have green screens or other Virtual Reality (VR) settings.
The other option is an enclosed booth. This is what comes to mind when you think about photo booths. The enclosed booth as the name suggests is closed, with possibly a curtain door and stationary camera. It can fit anywhere from 2-10 people within.
The software is one of the most important factors for the success of your business. What good is hardware without the software? Choose software that is easy to use and provides many templates and options to be creative. The customers will expect much innovation and customization because that’s the market trend.
Finally, research well and check out online forums and communities to get an estimate of the investment, the best companies to buy the photo booth setup from and other FAQs you might have. Your photo booth business is ready to roll.