Connecting creative talents with customers

Investment overview for «artist2rent.com»

Introduction

artist2rent.com is an innovative online marketplace that allows individuals and event planners to rent the services of various artists such as musicians, magicians, clowns and more. The platform bridges the gap between talented artists and those who want to enrich their events with unique entertainment options.

The concept

artist2rent.com offers a diverse selection of entertainment categories including:

• Musicians: Bands, solo artists, DJs, etc.
• Magicians: Illusionists, mentalists, and close-up magic
• Clowns: Entertainers for children’s parties, festivals, and carnivals.
• Other entertainers: Comedians, dancers, acrobats, and more.
• Event customization: Tailoring artists to specific themes or requirements.

Features

• Advanced Search and Booking System.
• Secure Payment Processing.
• User Ratings and Reviews.
• Mobile App for easy booking and management.
• In-app Communication between artists and clients.

Target Market

• Individuals organizing private events or parties.
• Corporate clients looking for unique entertainment.
• Wedding planners seeking special performers.
• Event management companies.

Investment Requirements

• Development Team: 2 developers, cost: 100,000 CHF per person per year.
• Design Team: 2 designers, cost: 100,000 CHF per person per year.
• Project Manager: Cost: 140,000 CHF per year.
• Marketing Specialist: Cost: 100,000 CHF per year.
• Workspace Costs: 12,000 CHF per person per year for 7 persons.
• Marketing Budget: 1,000,000 CHF per year for 3 years.
• Administration: 6% of the total costs.

Total Cost (for 3 years)

• Personnel: 1,440,000 CHF
• Workspace Costs: 252,000 CHF
• Marketing: 3,000,000 CHF
• Administration: 265,152 CHF (6% of the total costs)
• Total: 4,957,152 CHF

Revenue Model and Profitability

• Service Fees: Charged to artists for listing their services.
• Commission: A percentage of each booking.
• Subscription Plans: For premium visibility and features.
• Ad Revenue: From related companies and service providers.
• artist2rent.com aims to be profitable within 3 years of launch.

Conclusion

artist2rent.com stands as a groundbreaking platform for connecting unique and talented artists with event planners and individuals seeking unforgettable entertainment experiences. With an investment of 4,957,152 CHF over 3 years, the platform is set to revolutionize the entertainment booking industry, providing seamless access to a wide array of performers.