Industry Analysis & Industry Trends
The Online Photo Printing industry is benefiting from a continuing consumer shift toward photo sharing. Over the past five years, social networks and links to other photo sharing sites encouraged consumers to store and print pictures through online channels. An increasing number of broadband and mobile internet connections also facilitated consumer access to such websites, contributing to industry growth. During the next five years, technological advancements will continue to prop up industry expansion. Rising internet and mobile access will enable more consumers to print photos online, and industry marketing will attract consumers through social media and mobile applications.... purchase to read more
Industry Report - Starting a New Business Chapter
The initial setup costs for a new retail establishment in the traditional Photofinishing industry can be very high, since the photo processing equipment can cost between $50,000 and $250,000 for a small retail operation. These costs can be lower if buying secondhand equipment. Some new establishments also invest in a website, which can cost about $2,500. Costs are also significantly lower if setting up a digital printing establishment, as available computer supplies would most likely cost less than $10,000.
In the Online Photo Printing industry, entry is relatively easy, especially for operators that outsource the photofinishing process to a wholesale lab... purchase to read more