Business Idea

Start A Youtube Video Creation Business

About

Starting a youtube video creation business requires a great deal of effort, dedication, and most importantly passion.

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

Want to learn more? You can check out our full guide on how to start a youtube video creation business ➜

Key stats

market size
$50.1B
starting costs
$191K
gross margin
30%
avg product price
$350
time to build
10 months
growth
SEO
time investment
Side project

About

Starting a youtube video creation business requires a great deal of effort, dedication, and most importantly passion.

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

Want to learn more? You can check out our full guide on how to start a youtube video creation business ➜

Key stats

market size
$50.1B
starting costs
$191K
gross margin
30%
avg product price
$350

 

time to build
10 months
growth
SEO
time investment
Side project

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $40 $2,350
Employee & Freelancer Expenses $0 $4,000
Equipment & Supply Expenses $500 $5,000
Website Costs $232 $6,500
Business Formation Fees $600 $4,700
Vehicle Expenses $50 $10,500
Software Expenses $162 $2,775
Advertising & Marketing Costs $0 $2,300
Other Expenses $0 $500
Total Startup Costs $1,584 $38,625

Successful Businesses

Business URL Rank
Vimeo vimeo.com #174
Freemake freemake.com #2,873
Render forest renderforest.com #3,463
Safe Multimedia Software for Windows movavi.com #4,202
DVDVideoSoft.com: #1 YouTube Downloader and Converter Apps dvdvideosoft.com #10,160
Video Marketing Platform wave.video #10,451
Vidyard vidyard.com #11,723
blog.youtube blog.youtube #23,524
Headliner headliner.app #25,391
thumbnailsave.com thumbnailsave.com #26,796
deturl.com deturl.com #33,533

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!
Meaningful business connections You never know who you will meet as a youtube video creation business. This could be the start of an incredible business opportunity!
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.
Pick & choose the clients you work with Youtube Video Creation Businesses have the ability to choose the clients they work with. You have the freedom to work with only a few loyal clients or with hundreds of clients!
Control of workload With starting a youtube video creation business, you have the unique ability to choose how little or how much you want to work. You also have the freedom to decide which projects you want to work on, and can turn down the ones that do not interest you.
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.
Low margins The gross margins for your youtube video creation business are typically around 30%, which can make it more challenging to incur new expenses and maintain profitability.
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.
Churn In this business, customers can cancel their membership or subscription for your services - which can make revenue forecasting challenging and unpredictable. It's important to focus on your churn rates and trends so that you can prevent this as much as possible.
Time commitment With starting a youtube video creation business, all responsibilities and decisions are in your hands. Although this is not necessarily a negative thing, work life can take over at times. This can place a strain on friends and family and add to the pressure of launching a new business.
Difficult to build trust with your customer With starting a youtube video creation business, there can be minimal face-to-face interaction, which means it can be a lot more difficult to establish trust with your customers. You'll need to go the extra mile with your customer to grab their attention and business.

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.

  • 2

    Direct sales

    You may find yourself in a spot where you're ready to hire a few (or many) salespeople to support the sales conversion process.

    Regardless if you have one or thirty salespeople, it's critical that you assign them specific roles and responsibilities to nurture the client and provide excellent support.

  • 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.