Start A Mobile Meditation Studio - Business Ideas
Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.
Mobile meditation studios feature private pods for solo meditation, offering time-starved and stressed people a few minutes of calm and meditation instruction. Like food trucks, meditation studios target consumers at their residential or workplaces.
Mobile meditation trucks are cheaper to start and operate, compared to brick-and-mortar studios. They can be more profitable since you can reach more people in the residential places and workplaces.
Starting a mobile meditation studio requires a great deal of effort, dedication, and most importantly passion.
If you're interested in how to sell mobile meditation studio, or selling mobile meditation studio online, you can use this page as a guide for everything you'll need to know.
Key Stats
Startup Costs
| Min Startup Costs | Max Startup Costs | |
|---|---|---|
|
Office Space Expenses |
$0 |
$6,900 |
|
Business Formation Fees |
$600 |
$3,200 |
|
Equipment & Supply Expenses |
$63 |
$200 |
|
Retail Business Expenses |
$0 |
$7,200 |
|
Inventory Expenses |
$300 |
$5,000 |
|
Vehicle Expenses |
$0 |
$10,000 |
|
Training & Education Expenses |
$0 |
$1,000 |
|
Advertising & Marketing Costs |
$0 |
$1,200 |
|
Software Expenses |
$0 |
$200 |
|
Website Costs |
$13 |
$215 |
|
Food Business Expenses |
$25 |
$500 |
Successful Businesses
| Business | URL | Rank | |
|---|---|---|---|
|
|
Weebly |
weebly.com |
283 |
|
|
TravelZoo |
travelzoo.com |
17,359 |
|
|
Jillian Michaels: The Fitness App |
jillianmichaels.com |
527,469 |
|
|
Yoga Studio |
yogastudioapp.com |
1,569,977 |
|
|
Guided Meditation App |
meditationstudioapp.com |
1,620,529 |
|
|
CHILL Anywhere |
chillanywhere.com |
3,713,714 |
|
|
Mobile Om |
mobileomtx.com |
4,312,893 |
|
|
The Meditation Center |
themeditationcenter.org |
5,866,542 |
|
|
Zenner Yoga |
zenneryoga.com |
9,532,376 |
|
|
Shabach Yoga Studio |
shabachyoga.com |
9,633,685 |
Pros & Cons
| Pros | Description |
|---|---|
|
Ability to start your business from home |
It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning! |
|
Little startup costs required |
The cost to start a mobile meditation studio costs significantly less money than most businesses, ranging anywhere from 62 to 35,615. |
|
Rewarding work |
Starting a mobile meditation studio can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about. |
|
No overhead costs |
To get your mobile meditation studio started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money! |
|
High customer retention rates |
Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer. |
|
High margins |
The gross margins for your mobile meditation studio are typically around 80%, which is considerably high and allows you to grow your business and manage costs easily. |
| Cons | Description |
|---|---|
|
Crowded Space |
Competition is high when it comes to your mobile meditation studio, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies. |
|
Work can be inconsistent |
As a mobile meditation studio, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have. |
|
Isolation |
Often times, as a mobile meditation studio, you typically work alone and do not have much face-to-face interaction with other team members. |
|
No safety net |
Typically, as a mobile meditation studio, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times. |
|
Niche Market |
A niche business is not necessarily a bad thing, in fact, it can be the key to your success. However, it can be more challenging and time consuming to find the perfect niche market and target audience. |
|
You may need to charge sales tax |
If you are selling your products in various states, you may be required to charge sales tax. Although this may not impact your financials specifically, it can be a headache to create a process and procedure for this. To learn more about sales tax, check out this article |
Marketing Ideas
-
1
Word of mouth
Word of mouth is when a consumers reflects their interest in a company’s product or service in their daily dialogues.
Therefore, word of mouth advertising is essentially a free advertising triggered by the customers experience.
According to Nielsen, 92% of people trust recommendations from friends and family.
Therefore, in today’s hyper-connected world, a single recommendation through a word of mouth can have a huge impact to your business.
-
2
Social Media Advertising
Social media advertising is the use of social media platforms to connect with your audience with the objective to build your brand, increase sales, and drive website traffic.
According to Oberlo, approximately 48% of the global population use social media, and the number is ever-growing.
Therefore, social media allows brands access to cost-effective advertising by enabling them to interact with a large audience.
-
3
Pay Per Click Advertising
Pay-per-click (PPC) is a performance-based marketing method that allows you to show specific ads for services or products oriented to a very defined target, with the goal that the user visits your website or landing page.
- 4,818 founder case studies
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- 8,628 business ideas
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
