How to Create A Six-Figure Balloon Business
Balloon businesses are among the best-kept secrets in the home-based business world. Not only is a balloon business easy to adapt to changing markets, big growth and recessions, but it's fun, holds one of the best success rates for any home-based business in America, and can earn you a six-figure income.
Creating a six-figure income with a balloon business is easier than you may think. Keep reading to learn more!
Think About the Facts
For starters, balloon businesses tie in nicely with many markets, each of which can offer a six-figure income. So, the first step to creating a six-figure balloon business is to determine which market or markets you want to join.
When thinking about these markets, several surely come to mind. For example,
schools spend an average of $2,000 to $3,000 on
balloon decor for proms, vehicle dealerships
will often subscribe to monthly services, and
fulfillment centers work hard to build team spirit and have HR budgets. These jobs are easy to obtain through traditional sales techniques and a solid website that shows your professionalism and makes it easy to become a client.
Then, there is the wedding and celebration of life industries. Thousands of couples get married each day and within the past ten years, balloon decorations such as centerpieces, arches, hearts, walkways, and more have become very popular. The average balloon decor job for weddings averages around $2,300 based on a survey of our clients.
Featured Article:
7 Ways To Find Customers For A Balloon Decor Business Fast!
Look at the Numbers
Perhaps the best part about owning a balloon business is that the demand for services and markup you can enjoy. With the help of an effective marketing plan, it's very easy math on sales targets and number of jobs to earn a six-figure revenue from a balloon business.
Yet, the job ideas mentioned here are just the tip of the iceberg. Here are other events that may require balloon decorating:
- Banquet Dinners
- Birthday Parties
- Office Parties
- Retirement Parties
- Gender Reveal Parties
- Professional Business Events
- Running and Fitness Events
- Nonprofit Program Events (go for the large nonprofits)
- Professional Event Manager Parties & Events
- HR Events
The markets listed above in a small city offer an annual revenue of around $100,000 to $150,000. And one of the best parts is that a balloon business is easy to learn and simple to get started. When you add on additional services such as character deliveries, event decor, photo booths, and selfie backdrops balloon businesses can easily grow multiple specialities and target audience niches.
You don't have to run around dressed as an animal or clown; of course, you can, or you can hire someone to do this part for you. Here are some great examples of characters that deliver balloons to all types of events:
- Known Cartoon Character Inspirations
- Teddy Bear
- Police Office
This may seem comical, but in many parts of the country, balloon companies are paid $65 for a teddy bear to sing happy birthday and deliver balloons. You'll generate extra profit even if you hire someone to do this part.
And then there are holidays such as Valentine's Day. This day is significant for any company even remotely associated with celebrating love. In fact, many
balloon businesses earn $3,000 to $4,000 just on Valentine's Day. Then, there's graduation, New Year's, and other holidays that are common for parties that require balloon decorations.
The Tools Help Make It Easier
Your sales website from Balloon Suite allows potential customers to shop your services and get to know your business without ever needing to talk with you or a member of your team. Adding Garland Grab and Go’s allows for additional online sales
A
business mobile number allows you to interact with clients and suppliers without needing to reveal your personal phone number, and you can tie it to your
Customer Relationship Manager
to automatically text and call clients from anywhere. And, any member of your team can do it.
Facebook, Instagram, LinkedIn, and TikTok help you connect with potential clients and others in the Balloon Decor community.
Google Ads help you capture market share from people searching Google for the services you offer while you’re investing in
Search Engine Optimization
so that you don’t have to pay for advertising.
There are so many tools in a Balloon Decor business that help you generate more sales with less owner-time.
The Bottom Line
Ultimately, it's up to you which market or markets you want to join. The good news is that it doesn't matter which you choose as they will all generate six-figure incomes. Don't sit around and wonder what to do with your life - spend your time creating a six-figure balloon business instead!
