Start An Online Video Gaming Center Business

Start An Online Video Gaming Center Business

About

Starting an online video gaming center business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell online video gaming center, or selling online video gaming center online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$162B
starting costs
$9.29K
gross margin
65%
time to build
210 days

About

Starting an online video gaming center business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell online video gaming center, or selling online video gaming center online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$162B
starting costs
$9.29K

 

gross margin
65%
time to build
210 days

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $0 $7,000
Training & Education Expenses $0 $1,000
Software Expenses $0 $594
Advertising & Marketing Costs $0 $2,750
Website Costs $13 $215
Specific Industry Expenses $0 $100
Total Startup Costs $13 $11,659

Successful Businesses

Business URL Rank
Twitch https://m.twitch.tv/leapzee/about #37
CHRISTCENTERED GAMER christcenteredgamer.com #268,327
Gaming Central gamingcentral.in #916,833
Center for Game Science centerforgamescience.org #1,893,138
Exergame Fitness exergamefitness.com #2,061,683
Game Zone Bham Video Game Truck Party Birmingham Alabama gamezonebham.com #4,497,284
GameSync Studios gamesyncstudios.com #5,507,358
Tech Time Gaming Lounge techtimegaming.com #6,629,237
Platinum City Gaming platinumcitygaming.com #8,149,149

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
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 online video gaming center business costs significantly less money than most businesses, ranging anywhere from 1,313 to 11,659.
Rewarding work Starting a online video gaming center business 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.
Scalable With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
Traffic to your website A online video gaming center business gives people a reason to visit your website and to keep coming back to you!
Cons Description
Crowded Space Competition is high when it comes to your online video gaming center business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Constant maintenance of publication You may find yourself constantly needing to update your online video gaming center business in order to stay relevant for your audience and for those searching on google.
Lack of benefits With a online video gaming center business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation Often times, as a online video gaming center business, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes As a online video gaming center business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.
No safety net Typically, as a online video gaming center business, 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.