Start A Visitor Management System - Business Ideas

Updated: September 15th, 2022
Start A Visitor Management System

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.

A visitor management system is a business that provides solutions for tracking and managing visitors in various settings like offices, schools, and events.

The business opportunity involves creating software or offering hardware solutions that help businesses keep track of who enters and exits their premises.

To start this business on a budget, you can begin by conducting market research to understand the demand for such systems in your area.

Next, consider creating a basic website to showcase your services and start networking with potential clients.

You may also explore partnerships with existing security companies or offer a subscription-based service to keep initial costs low.

Starting a visitor management system requires a great deal of effort, dedication, and most importantly passion.

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

Key Stats

market size
$137B
revenue (monthly)
$5K
starting costs
$13.1K
gross margin
83%
avg product price
$149
time to build
450 days
growth
SEO
business model
Advertising
time investment
Full time

Startup Costs

Min Startup Costs Max Startup Costs

Office Space Expenses

$0

$7,000

Employee & Freelancer Expenses

$151

$252

Website Costs

$223

$7,215

Business Formation Fees

$600

$4,700

Equipment & Supply Expenses

$63

$200

Software Expenses

$162

$2,894

Advertising & Marketing Costs

$0

$3,000

Training & Education Expenses

$0

$850

Total Startup Costs

$1,199

$26,111

Successful Businesses

Business URL Rank

NPS.gov Homepage (U.S. National Park Service)

nps.gov

3,576

Top Software at Capterra

capterra.com

5,170

Admiral: The Visitor Relationship Management Company

getadmiral.com

50,182

HID Global

hidglobal.com

58,758

Skyward

skyward.com

72,333

Discover Hongkong

discoverhongkong.com

75,677

Raptor Technologies

raptortech.com

78,430

Envoy

envoy.com

80,693

Simpleview

simpleviewinc.com

81,716

MRI Software

mrisoftware.com

100,776

Wake Forest Baptist Health

wakehealth.edu

105,834

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!

Rewarding work

Starting a visitor management system 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 visitor management system gives people a reason to visit your website and to keep coming back to you!

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.

Cons Description

Motivation of employees

If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.

Longer Sales Process

A visitor management system can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.

Security Issues

With any Saas business, data loss and security issues may arise throughout your process of building your product. It's critical that you understand exactly what you're responsible for and how to avoid potential issues down the road.

Taxes

As a visitor management system, 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 visitor management system, 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.

Stressful work

This line of work can be stressful for both you and your clients. This type of transaction is a significant financial decision for your client, so expectations are very high for you. Although this career path can be very rewarding, it also comes with its challenges and stressful moments.

Marketing Ideas

  • 1

    Affiliate Program

    Affiliate marketing is a great way to bring in a new revenue stream, especially when you don't sell products or services.

    Simply put, an affiliate program is an agreement where a business pays another business or influencer ("the affiliate") a commission for sending traffic and/or sales their way.

    The affiliate typically gets a unique link where clicks and conversions can be tracked.

    Learn more about affiliate program ➜

  • 2

    Direct Sales

    Direct sales strategy implies a direct contact between a seller and a consumer without the involvement of any third party. Direct selling is popular in sectors where sellers communicate with their clientele personally. The sales technique occurs at non-store locations which include at home, work, or online.

    For direct selling to succeed, hire a few (or many) salespeople to support the sales conversion process. It's critical that you assign them specific roles and responsibilities to nurture the client and provide excellent support.

    Learn more about direct sales ➜

  • 3

    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.

    Learn more about word of mouth ➜