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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 $50,000 to $100,000 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 "porta-pack" 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 porta-pack recorder for about
$850, with blank tapes for $20 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. Remember, the idea of having a video cassette
system in one's home, is gaining in popularity every day. There are already some
two-million video cassette recorders in American Homes, with an estimated
100,000 being sold to new customers every month. Further estimates indicate that
by 1990, at ]east one half of all U.S. households will own either a
videocassette recorder or a videodisc player. 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 in
ter views 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 $5O 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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