Advertising Broker
Startup Costs: $10,000 - $50,000
Home Based: Can be operated from home.
Franchises Available? Yes
Online Operation? Yes
Why pay retail prices to advertise your business? That is the question that you will be asking potential clients if your intentions are to become an independent advertising broker. Purchasing various advertising mediums in advance and in bulk can cut the cost by as much as 50 percent or more. To reinforce this statement, contact your local radio station and ask for the rate for ten 30-second advertising spots versus three hundred 30-second advertising spots. The cost difference will amaze you. Once you have successfully negotiated and secured various advertising mediums in bulk, you can set about reselling the radio advertising spots, display newspaper ads, and more to local businesses in your community at a cost saving to them of 25 percent off the regular advertising rates. Providing clients with a 25 percent discount will still leave you with a 25 percent markup or more on the advertising spots and spaces you have sold.
Advertising Broker Ideas
Advertising Clipping Service
Keep track of advertising competition for other businesses.
Public Relations
Got a nose for the news? Turn your media savvy into a PR business.
Seminar Promoter
Make sure seminars get the attendance they deserve by promoting them.
More from Business Ideas
The Side Hustle He Started in His College Apartment Turned Into a $70,000-a-Month Income Stream — Then Earned Nearly $2 Million Last Year
Kyle Morrand and his college roommates loved playing retro video games — and the pastime would help launch his career.
How to Start a Passive Income Side Hustle That Uses Assets You Already Own, From 3 People Who Make Thousands of Dollars Doing It
You could be sitting on a major money-maker.
Ask Marc | Get Free Business Advice From the Co-Founder of Netflix
Get the answers to your most challenging business problems during our next Ask Marc, live Q&A, on 6/13/24 at 2 PM ET. You don't want to miss it—send in your questions now.