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HOW TO START AND OPERATE YOUR OWN VIDEO
TAPING SERVICE
This is a fabulously profitable business that's
still in it's infancy. And for sure, if you want
a business that takes no special training, expensive
office set-up or large investment -yet is capable
of showing almost immediate profits - this is
it!
Now is the ideal time to get started with your
own Video Taping Service. Purchasing and learning
how to operate, as well as maintain the necessary
equipment is easy. The technological improvements
built into the equipment, and the operating pro-
cedures have been so simplified that almost anyone
with the ability to read, can study a video instruction
manual for a couple of hours and immediately produce
professional quality, highly marketable video
tapes. Without a doubt, video tape technology
has replaced Super 8 home movies as the most-desired
memory-saving system.
One- and two-person video taping services around
the country are reporting gross earnings of $60,000
to $150,000 per year. One operation we looked
into, reported an in come figure of $800,000 during
the preceding 12-month period. They were accepting
taping jobs from all quarters and keeping 4-hired
teams busy.
Marketing imagination, organization, and attention
to detail are the keys to success in operating
this business. Ideas and requests for new things
or events to tape and pre serve for later playback/viewing,
are coming in faster than one can list. Then,
there are so many things to remember and minor
details to take care of, that the only way to
operate successfully is with a series of checklists...
for the person selling the service as well as
the man or woman on the recording camera.
But don't let mentioning of details to remember,
scare you off. On the contrary, you'll find video
equipment easy and inexpensive to practice on,
especially when compared to attaining a comparable
degree of expertise with film. You can use the
same tape over and over again, and this is definitely
a business where the phrase "practice leads
to perfection," applies without qualifications
or reservations.
To start a video taping service, you'll need a
video portable recorder, and at least a half dozen
tapes. Check around in your area. Start by "reading
up" on all the available equipment used for
video taping. A trip to your public library and
a few hours browsing through the periodicals on
video equipment should give you added interest
and a basic indoctrination. Next, check out the
suppliers listed in the yellow pages of your telephone
directory. A few phone calls to those p laces
listed, plus a few in-person visits, should supply
you with enough catalogs and "idea material"
to keep you plenty busy for a week or more. These
elementary learning steps are necessary as the
foundation of your business.
You should be able to buy a good quality video
portable recorder for about $450, with blank tapes
for $10 or less. When you buy, always dicker with
the dealer - explaining to him that you're in
the process of establishing a video taping service,
and
if he will include a supply of tapes with the
recorder, or at least give you an especially good
price on them, you'll probably buy all your tapes
from him. It may not be your regular way of buying
things, but when you're starting a business, every
dollar counts, so always shop around for the best
prices.
Once you have your video recorder, take it home
and start practicing with it. Think of yourself
as being on a job for a homeowner or an insurance
company, taking a photographic inventory of the
house and/or the occupant's possessions. Practice
by making a tape record of your own household
furnishings. Make a tape, then play it back and
critique your work. Then do it again, and again,
until you have a tape you can use in sales presentations
to homeowners and insurance companies. Video tape
recordings of this kind are becoming extremely
popular with homeowners and insurance companies
alike.
Then, look through your weekend newspaper and
make a note of the girls announcing wedding dates.
Open your telephone directory and call these girls
on the phone. Ask them if they'd mind if you came
to their wedding and made a video tape of it,
without any obligation to them of course.
So you go to the wedding, introduce yourself and
practice making a video tape of the wedding ceremony.
Take the tape home and critique it. Keep this
up until you have a tape you're reasonably proud
of, and then call the bride. Ask to come over
and let her see the tape. Explain to her that
you're just getting started in the business, and
you simply want her comments and suggestions.
Chances are, when she sees the tape, she'll want
to buy it.
While you're in this learning phase of your new
business, visit an apartment building and arrange
with the manager to make a video tape of her showing
the apartment to you as a potential renter. Contact
a couple of property management and real estate
firms, and do the same thing with condominiums
and houses for sale.
You might want to listen in on the police radio
frequency, and make tapes of auto accidents, particularly
those involving injuries. Another idea might be
the taping of golfers practicing at the local
driving ranges. Other ideas include any kind of
sports practice session, birthday parties, special
anniversaries, baptisms, bar mitzvah's, publicity
stories, sales presentations, and "fireside
chats" by company presidents or general managers.
These are just a few idea suggestions you might
want to pursue. You may find a certain kind of
video taping assignment especially enjoyable and
want to specialize in that area. Or you may want
to leave the door open for any kind of assignment
and handle each as the opportunity presents itself.
Whatever you decide, there are a few "sure
success" points to keep in mind as you begin
to sell your services. VCRs are STILL selling
at amazing rates as people continue to wear out
their old ones and newer younger audiences buy
them up like hotcakes.
People have invested in large movie collections
and are hesitant to abandon all that for DVDs,
so if they DO get a DVD player they keep the trusty
VCR as well. All of this means your market is
growing and is expected to continue growing through
the end of this decade.
Virtually everyone would like to see himself as
a star in a home movie. Thus, when you show him
a video tape of himself in the starring role,
he'll either buy the tape on the spot or want
you to make a similar tape for him. Regardless
of false modesty, everyone likes to show pictures
of himself, and explain to his friends the different
highlights of his or her life. With this understanding
about your prospect in mind when you make a sales
presentation, your closing rate should be quite
close to 100 percent.
The best way to sell your services is to run a
regular ad in your area newspapers. Such an ad
might be similar to this one:
VIDEO TAPING SERVICES...
Whatever your idea or assignment, we can handle
it for you! No job too large or too small! We're
experts at taping weddings, anniversaries, birthday
parties and other special occasions. Commercial
assignments also welcomed. Your satisfaction is
guaranteed, so give us a call - 123-4567, right
now!
When you receive calls in response to this ad,
your objective will be two-fold: Find out what
kind of taping job they have in mind, and set
up an appointment to show them an example of the
kinds of tapes you can produce for them. Show
them an example of your work. Once you've met
with them, and sown them a demonstration tape,
you should have the sale in your pocket.
Never meet with a prospect in a selling situation
without some sort of demonstration tape to show
him. Try to match the tape you show them, as closely
to their wants and needs as possible. Wedding
tapes you have made for prospective wedding clients,
and shots of golf practice or instruction to golfing
prospects.
Besides an ad in the newspaper, and the yellow
pages of your telephone directory, make copies
of the ad and get it up on the bulletin boards
in your market area. Send news and publicity releases
to all the media in your area, definitely whenever
you've got an unusual or special kind of assignment.
Have some impressive business cards printed, and
hand them out to whomever, and as often as you
can. The slogan on your business card might read:
Have Video Tape Recorder - Available for ANY kind
of assignment - You name it and I'll tape it...
Radio and/or television advertising will probably
be more expensive than the resulting job assignments
will sustain, so be very cautious when considering
this type of advertising. However, it will very
definitely be advantageous for you to pursue guest
interviews on just about any kind of broadcast
talk show. Talk show appearances and free write-ups
about your business in your local newspapers are
promotional angles to reach for at every opportunity.
Always be on the lookout for promotional ideas
and gimmicks that will result in area-wide publicity
for your services.
The bottom line is simply this: Don't be adverse
to creating a story or set of circumstances if
it results in a talk show appearance or newspaper
write-up for you.
How much should you charge for your services?
Basically, the going rate in most large metropolitan
areas is about $8O per hour you spend on the assignment.
Thus, you're going to have to learn to estimate
pretty accurately just how long each job is going
to take you to produce a quality recording. It's
always a good idea to check out what other video
taping services in your area, or in a comparably
sized city in your neighboring states are charging.
Newsletters and trade publications serving businesses
of this type are available, however, we don't
know of any that have attained national prominence
as of the date of this report. Check with your
equipment supplier on any that he might know of...
Success with a business of this kind does not
require an office set-up or any special education
or training. You can start it on a part-time basis
from your home, and parlay it into a full time,
very high profit profession. The prestige this
business will afford you is similar to that of
a doctor.
Starting with a young couple's wedding, if you
follow up on each sale properly, you'll probably
end up making tapes for the birthdays of each
of their children, school graduations, anniversaries,
more birthdays, family histories, last wills &
testaments, and into a whole new cycle with each
generation.
You will need imagination, an affinity for people
and selling moxie. Imagination is important because
in many instances, you'll have to suggest an idea
for your taping services. Although just about
everybody would like to have a taped record of
some event or part of their life to pass along
to future generations of their family, most will
not be able to decide what to tape until you suggest
something to them. You'll also find that almost
no one is aware of even half your capabilities
until you make suggestions.
Taking pictures of people requires an ability
to get along well with people - get them to relax,
and immediately feel comfortable in your presence.
You've got to be persuasive while exercising a
great deal of tact and diplomacy. Make friends
easily and quickly. Be aware of, and understanding
of wants, desires and ambitions.
Actually, selling and getting along with people,
are almost synonymous. Life is an on-going program
of selling yourself to achieve your own wants
and ambitions. Read a few good books on the art
of selling, such as: HOW TO SELL YOURSELF by Steve
Girard; and HOW TO SELL ANYTHING TO ANYBODY by
Tom Hopkins. Remember, selling is really just
a matter or recognizing someone's needs and then
satisfying those needs with a product or service.
Your customers will automatically accept it as
fact, that you have the professional knowledge
and equipment to fulfill their needs. All you
have to do is reassure them, listen to their reasons
for these needs, and in closing the sale, become
a good friend to them.
And that's it - the plan that can enable you to
get started with your own Video Taping Service.
By following our suggestions, and with a bit of
energy as well as persistence, you should be able
to begin with very little start-up investment
and quickly begin to realize the fruits of your
own profitable business.
If you have any questions, or run into special
problems, please feel free to call me or drop
me a line. Having laid it all out for you, the
rest is up to you - Your future is in your own
hands...
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