PinoyDVD: The Pinoy Digital Video & Devices Community
High-Def => Blu-ray Content => Topic started by: Frankthetank on Feb 05, 2014 at 05:49 PM
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I've been contemplating about this, what do you think guys?
There are a lot of things to consider, like how many households own a bluray, are bootleg BD's around the corner, legal issues, etc.
Is it advisable to put up a business like this?
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I would rent :) viable price per movie i guess around P100?
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I would rent :) viable price per movie i guess around P100?
I'm thinking even lower than P100
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Depends on your location sir. Possible DVD and BD wala nang vcd.
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Yung intro ng movies state that rental is prohibited under federal law. Not sure if its applicable here...
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Yung intro ng movies state that rental is prohibited under federal law. Not sure if its applicable here...
Ganun din naman sa VCDs diba? But still during early times, Video City is a hit!
I remember magbibike ako ng ganun kalayo makarent lang sa Video City :)
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i think this is how netflix started and is still doing it.
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I acquired a DVD rental business almost a decade ago, and Jack Sparrow DVDs were already flooding the market then. Kahit sobrang pangit pa ang quality nang Capt Jack noon, the P50 cost per disk have already killed the rental business. I think I bought the shop from an ad here in PinoyDVD rin back then.
I operated it for several months, and total rental was probably only less than 100 for the entire time (swerte na meron 1 rental sa isang araw). And the shop was located at the g/f of a low-rise residential condo building nun.
Surprisingly, selling Globe/Smart load at that time was just enough to pay for rent and salary of 1 staff. Overall, lugi yung biz, but not much. It was still worth the experience, and at least I was able to provide employment for 1 person for several months. :)
These days, Jack Sparrow disks are better quality, and there are HD downloads widely available. If you'll do it for the love of it, go ahead. But don't expect it to send your kids to school. Like any other business, location and target market will be key. Maybe best to tie up with a home theater shop, to entice business on both fronts.
Oh... and I haven't even touched on permits, etc.
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From what it sounds mukhang alanganin na or too late to have a business like this?
Anyway share ko na lang din yung raw business model;
1. Purely BD rental
2. I'll be buying BD's from Amazon
3. A membership or security fee of 1k to 1.5k, refundable in case you want to terminate membership.
4. Rental rate is 65 to 75php
5. one can rent up to 2 BD's for 3 days
6. I'm thinking of free delivery or pick up
7. To cut cost I'll be doing it at home
8. planning to give special discounts to mid to high end villages around the area.
Do I have to secure permits even if I will do it at home?
From what I read, OMB requires you to buy from local distributors and iba yung BD's with rental license. This is one of the issue I'm thinking about. Anyway I will not rent out pirated but it's original BD's.
Also meron na bang bootleg BD's? I'm afraid this can kill the business.
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bootleg BDs are already available, i believe the most common ones are those that are referred to as "Hong Kong blurays" with those 25GB/50GB marks. even if those didn't exist, i think what can really kill the business before it even takes off would be the downloadable media off the net.
bluray players do not have the widespread adoption that DVD has. media players/NMTs and TVs capable of video playback via USB are more common as far as i can tell. i'm afraid blurays are currently a niche product locally, only patronized by enthusiasts who would accept nothing less in terms of a/v quality.
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Competition already exists. Availability of pirated BDs is extensively discussed in this thread:
http://www.pinoydvd.com/index.php/topic,129022.0.html (http://www.pinoydvd.com/index.php/topic,129022.0.html)
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Off hand, parang it will not be profitable. But it can still possibly be viable. Forget about putting up an actual shop though. A website based rental might be more successful but it's not a guarantee.
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Apart from business name registration and BIR registration, you'll need permit from all the studios releasing the BDs, to have them rented out.
For me, the wear and tear on the disks themselves is a big concern in itself.
Sorry to sound so negative here, but the general public is not as discriminating as PinoyDVD folks in terms of A/V quality. In most cases, as long as the PQ and SQ is better than TV, and cheaper than movies, then pirated material will continue to thrive.
I know the general public isn't your target market, so rthirtyfourgtr's comment is true that you'll only be operating in a niche market.
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Apart from business name registration and BIR registration, you'll need permit from all the studios releasing the BDs, to have them rented out.
For me, the wear and tear on the disks themselves is a big concern in itself.
Sorry to sound so negative here, but the general public is not as discriminating as PinoyDVD folks in terms of A/V quality. In most cases, as long as the PQ and SQ is better than TV, and cheaper than movies, then pirated material will continue to thrive.
I know the general public isn't your target market, so rthirtyfourgtr's comment is true that you'll only be operating in a niche market.
well said brother...