10+ Best & Profitable Video Business Ideas [2023]

Discover the best and most profitable video business ideas for 2023 - create multiple reliable sources of income that could change your life. Learn about the top 10+ video business ideas for entrepreneurs and freelancers looking for new ways to make money in the ever-changing landscape of business.
Newfoundr

By Nick Cotter
Updated Feb 07, 2024

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Hey there, future entrepreneur! We're about to embark on an exciting journey together. You see, the year 2023 is brimming with opportunities, especially in the realm of video businesses. Videos are no longer just a source of entertainment; they're a goldmine for those with a keen eye for business. And guess what? You could be one of them!

Now, you might be thinking, "But I don't know the first thing about starting a video business." Don't worry, we've got you covered! This article is your roadmap, your guide, your secret weapon to navigating the world of video business ideas. You see, we've compiled a list of the 10+ best and most profitable video business ideas for 2023. Yes, you read that right - not just 10, but more than 10!

So, are you ready to dive in and uncover these gems? Are you ready to step into the world of entrepreneurship and make your mark? If you're nodding your head, then let's get started! This is your moment. Your time to shine. Let's make 2023 your year of success.

Corporate Video Production

Corporate video production is the process of creating custom videos for businesses. It can be used to showcase the company’s services, products and culture, to communicate the company’s mission and values, or to provide training to employees. Corporate video production can provide many benefits to businesses, such as:

  • Increased exposure with potential customers and employees
  • Improved communication among employees and customers
  • Enhanced employee engagement and productivity
  • More effective training, marketing and advertising
  • Increased sales and profits
image of a Corporate Video Production

Event Videography

Event videography is the art of capturing video footage of special events such as weddings, graduations, birthday parties, and more. It is a great business idea because:

  • It can be highly profitable; video production services can command high fees.
  • It allows you to show your creativity and dexterity with cameras and other equipment.
  • You can specialize in certain types of events, such as weddings or corporate events.
  • You can offer additional services such as editing, producing DVD copies, or live streaming.
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Examples of successful businesses:

The following is a list of successful companies in the video business industry:

  • Netflix
  • YouTube
  • Hulu
  • Vimeo
  • Amazon Prime Video
  • Disney+
  • Apple TV+

Online Course Creation

Online course creation is a business model that involves creating and selling educational courses through an online platform. There are many benefits to starting an online course business, including the ability to reach a wider global audience, receive payments instantly, and eliminate overhead costs associated with traditional educational models.

  • You can create and upload educational content quickly.
  • You have access to a global marketplace of potential students.
  • You can create passive income by selling your courses.
  • Low overhead costs make it easy to get started.
  • You can reach a wider range of potential customers than with traditional education methods.

Tutorial Video Services

Tutorial video services provide instructional videos to help people learn how to do certain tasks, such as software development, cooking, or other creative and technical skills. This type of service could be a great business idea for a number of reasons:

  • The market for tutorial services is growing rapidly, with many people turning to videos to learn new skills.
  • Video tutorials are easy to create and market, allowing entrepreneurs to get their business off the ground quickly and start making money.
  • The potential for growth is high; additional courses can be added easily to the service.
  • Video tutorials offer an engaging way to teach complex topics, reaching a larger audience than traditional methods.

Youtube Or Vimeo Channel Creation And Management

Creating and managing YouTube and/or Vimeo channels can be a great business idea. YouTube and Vimeo are two of the most popular video streaming websites, making them great platforms for businesses to promote their products or services. With channel creation and management, businesses can bring in viewers from all over the world, build relationships with their target audience, and drive revenue. Here are some benefits of channel creation and management:

  • Increased brand awareness
  • Stronger customer loyalty
  • Growth of fan base
  • Cost-effective marketing solution
  • Real-time analytics and feedback

Drone Aerial Videography

Drone aerial videography is the use of Unmanned Aerial Vehicles (UAVs) equipped with cameras to capture still images or footage from the air. It has become increasingly popular in recent years, due to its ability to capture stunning aerial views and its cost effectiveness. It makes a great business idea for many reasons:

  • Aerial videography captures creative and breathtaking shots.
  • It offers an invaluable perspective for marketing and promotional purposes.
  • It can also be used for surveying and inspecting work sites, such as construction projects.
  • UAVs are much cheaper than traditional manned aircraft, so it is more affordable to operate a drone-based business.

Real Estate Videography And Photography Services

Real estate videography and photography services are a great way to create marketing materials to help draw in potential buyers. Real estate agents can benefit from these services by having professional quality photos and videos that showcase a property in its best light. Through these services, real estate agents have access to visuals that will attract buyers and increase their chances of selling a house.

  • Professional quality photos and videos can help distinguish a property from the competition.
  • Real estate agents can use the visuals to market the property more effectively.
  • Videography and photography services provide high-quality visuals for buyers to see the potential of a property.
  • This allows buyers to get an accurate representation of the house.

Motion Graphics And Animation Production

Motion graphics and animation production is the process of creating visuals, usually through computer animation, that help tell a story or convey a message. This type of production makes for an excellent business idea because it has a variety of applications and can be used for many different purposes, such as:

  • Advertising
  • Marketing campaigns
  • Explainer videos
  • Educational videos
  • Corporate presentations
  • Social media content
  • Film and television projects

Video Marketing Strategy Planning

Video marketing strategy planning is an important part of a business's overall marketing strategy. It involves creating a plan of action to effectively incorporate video content into your marketing efforts. This can be done by setting objectives, defining target audiences, and deciding on the best channels to use when releasing video content. A good video marketing strategy can help businesses reach their goals more efficiently, as well as boost brand awareness and engagement. Here are some key components of an effective video marketing strategy planning:

  • Identifying Your Goals: Establishing clear objectives for your video will help you measure success and adjust your strategies accordingly.
  • Understanding Your Audience: Knowing your target audience is essential in creating effective video content that resonates with them.
  • Creating a Storyboard: Outlining the scenes and story of your videos ahead of time helps ensure that you create content that follows a clear narrative.
  • Choosing the Right Platforms: Releasing video content on various platforms will ensure maximum reach.
  • Analyzing Performance: Data analysis helps you identify areas for improvement in future videos.

Social Media Content Creation

Social media content creation is the process of creating content (images, videos, written posts, etc.) for social media platforms such as Facebook, Instagram, and Twitter. It has become an important tool for businesses to engage and build relationships with their audience. It can make an excellent business idea because:

  • Social media content creation is a low-cost venture and can be done from anywhere with an internet connection.
  • It is a great way to build brand awareness.
  • Content creators have the opportunity to work with multiple businesses or clients to reach a wider network.
  • It allows businesses to create original content tailored to their specific target audiences.

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Founder and CEO

We're newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.