The concept of video had come into the grasp of the people of the world a long time ago. The first video that was shot was of a woman drawing water from a well. This was shot in Italy.
Since then video has developed and taken various forms and in the present day has taken the form of cinema, documentaries and general events. Whatever we see nowadays is based on audio visual means and that is what captures our imagination the most.
This is the reason that videography startups have become popular today and opening one is a great way to invest in business.
| BENEFITS OF VIDEOGRAPHY STARTUP | DRAWBACKS OF VIDEOGRAPHY STARTUP |
| Videography is a Demand | Equipment is Expensive |
| Make Profits | Spend on Advertising |
| All Year Demand | Initial Investment |
| Hire Staff to do Work | Competition in the Market |
| Passionate Work | Economic Drawbacks |
| Professional Space | Risk of Unemployment |
| Generate Employment of Videographers | Constraints on Time |
| Visit Various Locations | |
| Create Beautiful Work |
ADVANTAGES OF VIDEOGRAPHY STARTUP:
- Videography is a Demand:
The demand of videos is nowadays as high as ever. Even after the invention and development of technology and smart phones, the concept of videos is something that has not been grasped by people as well as the concept of photographers. Hence there is always a need for professionals.
- Make Profits:
The profits made in other lines of business are surpassed by the profits made in the videography industry. These profits are not made only on basis of a few shootings of weddings, but also through the means of cinema. Videography startups are often told to shoot videos in piece for cinemas.
- All Year Demand:
The demand for videos is something that all people need throughout the year. Hence in the months of weddings the demand for videography is high, but even after that during birthdays, shoots of special occasions videography is always required. This makes the business one in high demand.
- Hire Staff to do Work:
The work of the videography firm org agency may not be taken on by the owner themselves if they do not feel like it. Staff can be hired and there are plenty of videography artists and personnel on the market with a resume ready to get into work. Internships is also an option.
- Passionate Work:
The work you do as a videographer is one where you will get satisfaction if videography is your passion. This may also lead to the exposure of your work and may land you a great deal and good amount of money. This is a great reason to do this.
- Professional Space:
The space of the videography market is quite professional. Apart from clients outside this market, ths industry tends to clear dues and ensure you work for remuneration whenever you are called upon to do work. You startup will help in developing this culture. This means satisfaction in work.
- Generate Employment of Videographers:
The employment market is always buzzing with individuals who are ready to learn and do work. This means that the people who you hire will not only gain exposure but also receive employment for the work that they do for your startup. This means that the startup can run successfully.
- Visit Various Locations:
The various locations that you create on set and the various locations that you travel to in real life will be the foundation of the length and breadth of your career. This will be a great experience for you and your crew. This will lead to better training as well.
- Create Beautiful Work:
The work that you create need not be commercial and cheesy. It may be the case that you can draw a balance between satisfying the client and satisfying your own sense of aesthetics by creating videos that are good in substance and form. This suits you and the client.
DISADVANTAGES OF VIDEOGRAPHY STARTUP:
- Equipment is Expensive:
The equipment used for the purpose of videography and the startups that create these equipment are expensive due to the technological advancements and monopoly. The sale of these equipments on retail might save you some expenses, but these expenses do not make up for the long run.
- Spend on Advertising:
The advertisement and campaign for your new startup has to be such that it reaches the length and breadth of the country and the people themselves. This means that the startup advertisemtn will have its own expenses and labour making it a difficult job for newbies.
- Initial Investment:
The initial investment that a startup owner has to make when beginning their first venture is something that most people have to take loans for. The loans are taken from the market and then passed in with interest. This is also a risky method for startups.
- Competition in the Market:
The competition of videography in the market is also quite high. The professionalism in this market is good, but with professionalism comes competition. This kind of competition often leads to rat races where people fall out of favour and rigid monopolies are set to arise.
- Economic Drawbacks:
The drawbacks of the system are plenty. The economic drawbacks are the most. This means that the people who are willing to invest in startups must be prepared to do with primary losses. This is especially important in the videography startup business.
- Risk of Unemployment:
The risk of unemployment that the startups face when they first begin si something that the managers and owners should be well aware of. The videography startup that you open might be difficult to manage leading to the termination of employee contracts, which in turn might lead to unemployment.
- Constraints on Time:
The time constraints involved with any startup will result in the extinction of resources that have nothing to do with the startup itself but rather with the resources of life. Time is one of the most important resources and hence this is the aspect that will be most hampered.
CONCLUSION:
The beginning of videography startups could be the change in life that you were looking for all this while. This means that the people talking about the beginning of change will see this change once they opt for beginning a videography startup, hence also giving priority to their dreams.
Similar Posts:
- 105+ Supermarket Related Business Ideas: A Comprehensive Guide
- 35+ Amazing YouTube Business Ideas
- 84+ Clothing Boutique Business Ideas: Your Ultimate Guide
- Animoto Reviews & Ratings for Small Business
- 19 Main Pros and Cons of Starting a Startup Alone
Business, marketing, and blogging – these three words describe me the best. I am the founder of Burban Branding and Media, and a self-taught marketer with 10 years of experience. My passion lies in helping startups enhance their business through marketing, HR, leadership, and finance. I am on a mission to assist businesses in achieving their goals.