Advertisement Business Idea: Billboard Advertisement
Experience for Billboard Advertisement business:
It is nice but not mandatory, if you have already experience in advertising sector. Or it will be nice you have worked ever as relationship manager etc… But at least you should have good negotiation skill.
Skill required for Billboard Advertisement business:
Negotiation, Communication, Creative Thinking, Critical Thinking, Personal Presentation Skills, Verbal Communication, Effective Speaking, Active Listening, Reflecting, Innovation Skills, Risk Management, Decision Making, Managing the Event
Investment required for Billboard Advertisement business:
5000$ - 50000$
Planning and Strategy required for Billboard Advertisement business:
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A billboard or hoarding is a large outdoor advertising configuration, typically found in high-traffic areas such as alongside busy roads.
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Billboards present large advertisements to passing pedestrians and drivers.
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First responsibility here is you have to find out places where you can install the billboard.
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Categorized the places like free space, House roof etc. In Free space again make the category like main road side, interior road side etc.
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Define the size of the various types billboard which you can provide.
Next step is to contact various clients. Find out the potential client. You can define a contract for the 6 month or 1 year etc…
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One more thing to you have to take care is if you are doing it for short term, then you might have to cost more for the banner cost. Otherwise you can communicate to client that they have to bear that cost.
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Challenge here to identify the potential client and the space. If you are taking the space, prepare the agreement or lease for that space so that in future conflict will not arise.
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Location required for Billboard Advertisement business:
No constraint, you can work from home with a flexible time.
Infrastructure required for Billboard Advertisement business:
Cost / Return on investment required for Billboard Advertisement business:
Marketing / Selling required for Billboard Advertisement business:
Challenge n Risk required for Billboard Advertisement business: