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5 Tips How To Start A Drone Business

October 11, 2017 Businesstips Leave a Comment

What started as toys for hobbyists now becomes versatile products with good sales records. No wonder, entrepreneurs around the world have been investing their resources into drone business to reap success. Well, for those interested in the idea of starting this UAV (Unmanned Aerial Vehicle) business venture, below are the simple five tips which should be of use at the initial stage.

1. Conduct research

Before establishing the venture, it will be best to at least find out:

  • if there is still some market share available for new drone business
  • who are likely to be customers
  • the competition among UAV ventures in the area

If the results of the research are positive, there is a good chance that the business will succeed.

2. Choose specialization

Drones have a wide variety of uses. To manage a good business, it is important to pick specialization.

  • Agriculture

In this field, drones are used to equip farmers with useful information, such as the conditions of crops, soil, and pest control.

  • Insurance

The use of drones in this area is kind of revolutionary. They help the insurance companies to take pictures of clients’ properties in order to produce more accurate evaluations.

  • Security

Drones for security come with sensors. They help enforce law by providing video footage.

  • Mapping

It ranges from urban planning to mining. In the past, land surveyors were popular in this field. With more advanced technology, drones have taken over their roles.

  • Houses and Buildings Inspection

The risk when inspecting roofing and other building structures is reduced by utilizing drones. The equipments also minimize use of labor and safety precautions that usually need to be worried about when a person inspects potentially damaged structures. With all more efficient benefits, this business indeed looks promising.

  • Logistics

With today’s advancements, drones can be used for small goods delivery like foods and small packages. Take Australia Post and Amazon, for example. They are now making use of this technology as means of their logistics force.

  • Advertising

Due to its dynamic nature, drones can be used as a marketing tool, either by carrying banners advertising a certain brand or product, or by providing exposure of a marketing activity through aerial footage.

  • Filmmaking

It is now possible to shoot documentaries, short films, and even full length movies from drones. Thanks to its HD cameras and flexibility, drones can become the future of filmmaking.

Apart from drone utilization above, there are still some other related business opportunities:

  • Drone repair and maintenance

Not all drone users have the skills and means to repair or maintain for their gadgets. This is where the opportunity comes. The business will be even easier with modern technologies, such as 3D printers and CNC machines to manufacture the parts needed.

  • Drone piloting courses

More people have become aware of the importance of drone piloting courses. As drones quickly change from mere expensive toys to professional tools, the need to have the skills to operate them increases and this is where piloting courses become relevant.

  • Drone related software developer

A wide range of drone selections and the magic of open source mobile operating software, like Android, have created more opportunities in this field. From drone controller app to tweaking tools to control light and camera, businesses that develop softwares to enhance the potential use of drones seem to be likely to flourish.

3. Ensure high-quality photographs

No matter what the specialization is, drones are knowingly known for their core ability to catch aerial photographs. However, one common flaw of most drones is that they sometimes vibrate and thus the pictures produced are not as clear as hoped. Servo motors are a great solution to the problem. By simply placing them on the axis, they keep the camera level and enable the camera to realign.

4. Comply with the regulations

Regulations related to UAV may vary from one place to another. In the Philippines, for example, drones are not allowed to operate over congested areas and a UAV license is required to fly for business purposes. Knowing the state rules and getting familiar with the regulations are essential for the existence of the business.

5. Offer extra benefits

To make business stand out from the crowd, added benefits can be offered to promote the newly established business. While most drone companies merely serve to produce aerial photos or video footage, extra post services can be the plus points that will intrigue potential customers to try out the product and service of the new business in town. Photo editing will be a great catch for drone companies specializing in photography. Data or picture analysis can be an excellent added value for those with specialty in industries and mining.

After you’ve done your research, worked out your area of expertise, ensured high-quality photographs and got a license, you can get started on your drone business adventure!

Businesstips
Businesstips

BusinessTips.ph is an online Business Ezine that provides free and useful articles, guide, news, tips, stories and inspirations on business, finance, entrepreneurship, management and leadership, online and offline marketing, law and taxation, and personal and professional development to Filipinos and all the business owners, entrepreneurs, managers, marketers, leaders, teachers and business students around the world.

Business Tips business guide, Business Ideas 2017, drone business, How To Start Drone Business, technology

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