Forums: Discussions for entrepreneurs and small business.

I live in a medium size town plenty of  Fast food,retail,Services,ECT and No digital bill boards only regular billboards and they all have a waiting list so im guessing a digital billboard would be a great business to start so im planning on putting one on the busiest street in town  and i only want to sell 24 slots for the 24 hours of the day for the 365 days of the year that is 365 hours total for all 24 clients But i don`t know what to charge i was thinking $60 an hour but some people say thats too much and i still don`t know if should charge for the ads created and i cant find info on how much other digital billboards charge for that so if  any can help

 

other pricing options

 

Hour Price            Total Hours            Total Cost Yearly

 

$10                          365                          3,650

$15                          365                          5,475

$20                          365                          7,300

$25                          365                          9,125

$30                          365                          10,950

$60                          365                           21,900

 

so i need some help so if anyone knows Digital billboards or just has an opinion on this please leave a comment

I`m sorry but I am a firm believer that this is NOT good business.  you COULD charge different amounts for different times of day, but, there needs to be a quantitative reason for the price difference.

Aaron 

you mean Charge $60 per hour in the afternoon or when theirs the most traffic and charge less when there less traffic like at 3:00 am

 

and also what about for creating the ads

 

 

Thank you honey415  and Thank you abrumms

I would really encourage you to NOT try designing your own ads if you`re not an experience ad designer.