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Event management business:
Event management business in India is a high-potential venture with growing demand across social, corporate, and public sectors.
Here are the main types of event management businesses or Business Opportunities:
1. Corporate Event Management
- Conferences
- Seminars
- Product launches
- Trade shows and expos
- Team-building events
- Business dinners and networking events
2. Social Event Management
- Weddings
- Birthday parties
- Anniversaries
- Baby showers
- Reunions
3. Non-Profit and Charity Event Management
- Fundraisers
- Charity galas
- Awareness campaigns
- Community outreach events
4. Entertainment and Media Event Management
- Concerts
- Film premieres
- Award shows
- Fashion shows
5. Sporting Event Management
- Local and international sports competitions
- Marathons and races
- Sports tournaments and leagues
6. Government and Civic Event Management
- Public ceremonies
- Political rallies
- Parades
- Cultural festivals
7. Exhibition and Trade Fair Management
- Industry-specific exhibitions
- Art and craft fairs
- Book fairs
8. Destination Event Management
- Destination weddings
- Corporate retreats
- International conferences
Services You Can Offer:
- Venue booking and decoration
- Catering and hospitality
- Stage design, lighting, and sound
- Artist & performer management
- Photography/videography
- Logistics and crowd management
- Digital promotion and invites.
Infrastructure Needed:
- Manager, decorators, logistics coordinator, vendors
Profit Potential:
Event management business is a high-potential venture with growing demand across social, corporate, and public sectors.
Earnings per Event (Estimates):
Small event: ₹30,000 – ₹1 lakh (profit: ₹10,000 – ₹30,000).
Photography and video shooting business:
Photography and video shooting business can be a lucrative and creatively fulfilling endeavor. This field has a wide range of applications and markets, and the demand is steadily growing with the rise of social media, events, digital marketing, and content creation.
Types of Photography and Videography:
A photography and video business can specialize or diversify across different niches. Some of the main types include:
- Wedding Photography & Videography: One of the most lucrative and in-demand segments in India, given the country’s grand wedding culture.
- Event Photography: Covers birthdays, anniversaries, corporate events, religious ceremonies, etc.
- Portrait Photography: Studio or outdoor portraits for individuals, families, or professionals.
- Product Photography: For e-commerce websites, catalogues, and online sellers.
- Fashion Photography: Shoots for designers, brands, influencers, or modeling portfolios.
- Commercial & Advertising Photography: For brand promotions, billboards, brochures, and digital ads.
- Real Estate Photography: Growing demand from builders and property listing platforms.
- Travel and Landscape Photography: Popular among influencers and bloggers, though less consistent in revenue.
- Documentary & Short Films: For NGOs, educational institutions, or digital platforms.
- Drone Photography/Videography: High demand for weddings, real estate, and corporate events.
Investment:
- Entry-Level Setup (₹1.5 – ₹3 Lakhs): Basic DSLR/mirrorless camera, kit lens, tripod, basic lighting, editing software.
- Mid-Range Setup (₹5 – ₹10 Lakhs): Professional camera body (e.g., Canon R5, Sony A7IV), prime and zoom lenses, lighting kits, microphones, gimbals, drone, high-end editing rig (PC/Mac), studio rental.
- High-End Studio (₹15 Lakhs and above): Includes space lease, advanced gear, team salaries, and professional-grade accessories.
- Recurring costs include travel, maintenance, upgrades, and software subscriptions.
Infrastructure Required:
- Studio Space: Optional but beneficial for portraits, product shoots, and controlled lighting setups.
- Editing Setup: A powerful computer with good graphics and editing software like Adobe Premiere Pro, Lightroom, Photoshop, DaVinci Resolve.
- Storage Solutions: External hard drives, cloud backups, SSDs.
- Transport: Essential for location shoots (especially for weddings/events).
- Online Presence: Website, Instagram portfolio, YouTube channel for marketing and visibility.
- Optional additions include a green screen, props, furniture, and backdrops for studio work.
Profit and Revenue Potential:
YouTube and Brand Shoots: Can go from ₹10,000 to several lakhs depending on brand size.
Weddings: A single wedding assignment can fetch between ₹50,000 to ₹5,00,000 or more depending on location and package.
Event Shoots: ₹5,000 to ₹50,000 per event.
Product/Fashion Shoots: ₹1,000 to ₹5,000 per product/look.