How To Price Your 360 Virtual Tour Business For Big Profits

[@cjsebes]

I just want to second the "free" comment. I did a 2-pano tour of a little noodle shop in town for free. Easy job and I needed a restaurant tour, no matter how small, to show menu pop-ups. The owner and his wife were thrilled with everything I crammed into it. (Music, a video, and pop-ups of the menus.) He liked it so much, he asked me for a quote on shooting their much larger lakeside restaurant. They even included a QR code to the noodle shop tour on his lakeside menus. -- Also, I stopped into a marina that has a huge showroom. The guy there said he really didn't think they needed what I was offering, so I went back out to my car. I had my equipment with me, so I went back in a asked if I could shoot a tour of a couple of boats. He obliged. I emailed them to one of the sales managers and he loved it. I'm expecting a call from him this week so we can discuss expectations and pricing. Free samples can work. You're the dealer and your clients are the junkies. Give them a taste and they'll often come back for more.

[@virtualtourprofit]

great!

[@raphaelmahumane1648]

Thank you for the information. That was helpful!!!

[@virtualtourprofit]

Glad it was helpful!

[@wholesalewideye2750]

How do we get customers I need a fb ad tutorial on a set up for the business

[@iAmplify7]

don't use ads until you start getting some customers and good reviews/testimonials. do cold calls, meet business owners/realtors in person, etc.

[@nkurayijaaimable7201]

I just find this and that’s what I wanted to hear for now🤩, I want to start this business and I don’t know where to start, I am still searching some ideas on how I can find customers and some strategies to keep me on the track ! Any advice is highly appreciated🙏🏽

[@virtualtourprofit]

You got this!

[@julietvickio]

Do you use length of time of video for pricing, and do you use location in pricing?

[@JHAIR2502]

Hi!! Thankyou very much!! what about the hosting fee? I´m starting using Matterport platform, it price is $129 USD monthly per 50 active models, that means about $2.60 for each model monthly. I can charge my costumer $10 monthly for the hosting of each space, or do you thing is too much?

[@travishasara7682]

I know you put this three years ago but he charges $97 a month

[@DevonWayne]

What is a hosting fee? 1:25

[@DevonWayne]

Omg, charge people to hold their photos ransom on your website? Brilliant

[@cloudpano]

Something you charge your customer to maintain your “server cost”

[@DevonWayne]

@@cloudpano definitely, I understand the business fundamentals, it's just funny how easy it is to make money when a few words are added. How much is cloud pano and the digital service

[@karlbernardbarbadillo6704]

This is powerful. Thank you!

[@virtualtourprofit]

You're so welcome!

[@generalinbox3740]

What 360 hosting do you like to use? Do any of them offer monthly subscription billing. I haven't noticed that. I wanted to have pricing tracks for different customers like you were saying. Great information enjoying your stuff

[@virtualtourprofit]

cloudpano.com we built the software custom. Check it out!

[@rayromandrones]

@@virtualtourprofit Glad I found your video. Most likely will be upgrading!

[@ADPX24]

Started looking into this. Am I understanding this right that you are hosting the links to the 360 tours? If so sounds like you are charging a monthly fee for realtors or property managers?

[@cloudpano]

yea bro. You can charge them monthly if you want. Create the tours on cloudpano.com. Send the link output to your client. Its simple.

[@raymondsealy3429]

Hey Zac having trouble with the pricing, how to price with luxury apartments

[@virtualtourprofit]

hey man. If you break in with lower pricing. And do a great job, you can expect to get a ton of business. Shoot for 500 to 700 dollars for the first apartment. They can afford it!

[@raymondsealy3429]

ok, was looking at doing a tour for a university, if I priced it for $800 per building, having they have 10 buildings for faculties, is the pricing too much?

[@virtualtourprofit]

@@raymondsealy3429 All depends on how much time it takes you. But I love that you are pitching universities. How did that go?

[@raymondsealy3429]

@@virtualtourprofit well not so good kind of my pitch after the overpricing

[@AXISTREK]

I have a huge hotel company which are interested to work with me. They want a monthly hosting price and a price by shoot all the rooms and restaurants. I‘m sweating, because I didn’t expect to come this far in such a short time starting the bizz. I‘m really overwhelmed.

[@sage.aesthetic]

I love this so much thank you!

[@virtualtourprofit]

You're welcome!

[@josephemilio9819]

pro tip : you can watch series on InstaFlixxer. Been using it for watching all kinds of movies during the lockdown.

[@thatchertheodore9691]

@Joseph Emilio Definitely, I've been watching on instaflixxer for since december myself =)

[@SebastianRocks1234]

Hye, I am trying to start my own Virtual Tour business, but the Ricoh Theta Z1 is currently out of stock... What other alternatives would you suggestt?

[@KemelayefaOtue]

I asked this and no one answered

[@plusvalia2421]

Ricoh Theta V... it's supreme!

[@kcif77]

What platform/how do you go about billing these customer's reoccurring hosting fees?

[@cloudpano]

kcif77 PayPal

[@MiaogisTeas]

Stripe is also something to consider

[@virtualtourprofit]

@@MiaogisTeas yea good call

[@travissinger3631]

Zac. What is your thoughts about Zillow Home Tour offering this service for free with a smartphone? Is Matterport so superior quality that realtors are still willing to pay hefty price tags for home tours? I want to buy a matterport camera but it looks to me like zillow is trying there best to push Matterport out of business. Also, it isn't clear to me how seamlessly Matterport files integrate on Zillow listings. Thanks, man.

[@MiaogisTeas]

You can get consumer level 360° cameras that are integrated with the matterport system now, so no need for their proprietary tech. It's their software that's truly stunning, but there are plenty of alternatives to it as well.

[@MultiEvileyes]

Thank you :)

[@virtualtourprofit]

welcome!

[@george9014]

Im still confuse of how to attract business vs pricing :#

[@freznostate]

I’m looking at starting as owner/operator my goal is 3-4 k a month around 50k a year max. I’m looking at building a website and some business cards. And of course a cheap but good 360 camera with a tripod. Is there anything else I would need like insurance or anything protective insurance for my business and do I need an LLC or can I just build my photography business without going the licensing route?

[@JasonHolmquist]

In California, I’m getting a business license before starting just because you’re working with agents and contractors and such. Good to keep it legal. All you need is a license for sole proprietorship. I would look at getting liability and protective insurance and get many quotes.

[@danijeljerman5747]

Hi, I am researching Virtual tour business model for a while now and I really think to start my business. The only concern that I have are the numbers. How much based on your experience an average 360 photographer can make per month. Is it possible to achieve 10k / month income? What are typical results of your students? I am asking this because there is no so much information about the potentital of this business model. Thanks for your help, Best regards, Danijel Jerman

[@virtualtourprofit]

you need to be a full digital media provider. 360 is just one aspect and one tool. Check out the webinar here: virtualtourprofit.com/index.html

[@roxanneashe4902]

Smart advice!!

[@virtualtourprofit]

thanks

[@MiaogisTeas]

The problem I run into time and again is that people refer me, sure, but they refer me as the guy who does it for "free". Then the next client isn't willing to come to the table with anything of value for me, because their expectations have been set. What they don't get is the first client had something greater than the dollar value for my service that I wanted, and there was a conversation about mutual benefit. How do we get around this?

[@virtualtourprofit]

you need more offers and upsells bro. Check out some examples here: webinar here: virtualtourprofit.com/index.html

[@13hubi13]

Hey man do u have Facebook or Instagram? Have a few questions and would like to chat with u 😉 Greets stefan

[@virtualtourprofit]

hey there. You can ask me anything here. Comment below for everyone. :)

[@13hubi13]

@@virtualtourprofit I have seen some 360 virtual tour providers and there the customer has no monthly fee. The customer would always choose that one with no monthly costs I guess so it would not be good to have Monthly fees for the customers?

[@virtualtourprofit]

@@13hubi13 yea you have to know your customer! :) They are all different. But if they get paid monthly, so should you.

[@13hubi13]

@@virtualtourprofit but how I can I sell them the idea that i get payments every month? If they only get the tour from me then they have what they want and I see no reason for a monthly payment?

[@qu14torze82]

@@virtualtourprofit ​ I agree with 13hubi13, the idea sounds great but it's not enough to talk about it in a video. Zac how do you sell them a monthly payment ? Easier said than done!

[@SoulGasmProd]

Everything should be itemized.

[@Georgewrigley]

Thanks very much 😊

[@virtualtourprofit]

welcome