How to Make a Million with Paper Coasters for Restaurants and Cafés

Audio Seminars & Business Podcasts Advertising Business Ideas 29.01.2014  0 111 0
How to Make a Million with Paper Coasters for Restaurants and Cafés

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Almost everyone has visited a pizzeria or café at least once in their life. What do you usually do while waiting for your order? If you are alone, you might find yourself reading the menu repeatedly or observing your surroundings. We have an idea for you to make a million dollars out of this scenario.

The business concept involves offering café, pizzeria, and restaurant owners free paper table tents containing information about their establishment or special promotions. But how can you make a million dollars if you are giving away these table tents for free? Here's the essence of the business: you can print advertisements on the edges of these table tents. While customers wait for their orders, they will study the table tents along with the advertisements.

Here is a step-by-step guide to making money with paper table tents:

  1. Contact local printing firms to inquire about the cost of printing table tents. Determine the quantity you need, as it will significantly impact the printing cost (larger volumes are cheaper). We recommend starting with 5000 copies. Inquire if they also offer design services. However, we suggest doing this relatively simple task yourself using any editing software like Photoshop. Choose the most cost-effective option in terms of price and turnaround time.
  2. Your income will depend on the amount of advertising on the table tents. Calculate how many ad blocks you need to sell to reach your desired earnings. Ensure that there is not an excessive amount of advertising on the table tent; the central part should still focus on the establishment's information. Once you have the optimal layout, approach restaurants and cafes with your design and offer them free table tents. Most owners will agree quickly since you are not asking for any payment from them.
  3. Now, approach potential advertisers. Contact fitness centers, stores, cinemas, shopping malls, car washes, and other businesses to propose placing their ads in cafes and restaurants. Explain the benefits they will receive by advertising with you. Charge around $35-$42 per block for placement on five thousand copies (you can fit around 20 blocks on one design). This rate is quite inexpensive, so with a thoughtful approach, you can easily secure your first clients. If you face rejection from a dry cleaner or grocery store, keep moving down your list; you will eventually find clients willing to advertise on your table tents.
  4. Let's do the math: $35 * 20 = $700, which is the sum you will earn from advertisements. Printing costs for the paper table tents will consume a maximum of half of that amount, leaving you with $350 in hand. With a serious approach, you can earn this sum within a week, totaling $1400 by the end of the month. Calculate how many months it will take you to earn a million dollars through this venture.

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29.01.2014  0 111 0
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