How And Why Wedding Bells Equals Big Money For Some Extremely Savvy Entrepreneurs!
(For You And Or Your Major Competitors!)
So do you happen to know anyone that’s gotten engaged and or married recently? (Or if it happens to be you personally, congratulations!)
And or, have you or possibly someone that works for you, or you work with, recently consummated their vows?
(Important note: These type of announcements are not only great news for the couples directly involved, but extremely savvy entrepreneurs, absolutely love and live for these sacred moments as well!)
Ladies & gentlemen, while on the surface, it may not readily be obvious, but whenever wedding vows (are both) officially announced and later on consummated, there is an awful lot of commerce (business) that takes place!
Because along with the exuberant celebrations and acknowledgements, (that inevitably) follow whenever two individuals have decided to completely devote themselves to one another.
Let’s just say, before all that marital bliss actually takes place, there’s an awful lot of preparation that goes into it! An that’s why,the subject of this particular post, is so darn evergreen!(And potentially lucrative!)
So How And Why Are Wedding Bells So Potentially Lucrative For Some extremely Savvy Entrepreneurs?
Ladies & gentlemen, without a doubt, the engagement and wedding industry in and of itself, is a multi billion dollar a year cash cow! And sadly, so is the opposite industry, (that being), rather costly and at times, down right nasty divorce proceedings!
For just a moment, let’s focus on at least seven major and sub major -multi billion- industries, that constantly make out, whenever two individuals, decide their lives are far more meaningful, being spent together as a married couple, as opposed to being lived apart as separate individuals.
Once, before and during those decisions are ultimately made, the opportunity to serve, and earn an extremely comfortable living, are practically non stop!
Who Says Wedding Ceremonies And Entrepreneurship Don’t Go Hand In Hand?
Before you can totally appreciate, just how some extremely savvy entrepreneurs cash in big time, from the commitment of two deeply devoted individuals, let’s first scratch the entrepreneurial surface of some the most common industries, that thrive and survive, on the “I do!” industry!Seven multi billion dollar a year industries, that anxiously await, and benefit immensely,from the next two individuals, that decide to exchange vows!
And of course, this list is completely subjective and totally incomplete, and doesn’t even begin to scratch the surface of all the major and sub major, multi billion dollar a year industries involved!
It’s just used to start your entrepreneurial dialogues!Also bare in mind, this particular list is presented, in no special order of significance! And within each industry niche, there are literally tons of extremely enterprising small business owners and or service providers, they make up each niche (and or) sub niche.
1.) Major industry #one: The first responders, (aka) “The wedding planners” themselves. These supremely skilled men & women help convert all the chaos of planning and actually executing a marriage into an event to remember!
2.) Major industry # two: And let us not forget about the caterers that typically supply all of the great tasting food, before and after these type of events!
3.) Major industry # three: And of course three are the bridal and groom shops, that provide the fancy attire for such events!
And don’t forget, each one of these individual industries, provide tons of untapped opportunities, to form potentially profitable, (not to mention) long term strategic alliances, of all kinds! (And that will be the primary focus of part two!) But we’ve got to lay the proper foundation first!
Believe It Or Not The Wedding Industry Is A Potential Lead Generation Goldmine!
4.) Major industry # four: Every (memorable) wedding and receptions, has to have some good dance and celebration music, does it not? An that’s where and how, the top DJ’s and and other entertainment providers, manage to cash in, year after after year!
Especially those at the higher en of the scale!Because remember, somebodies gotta supply celebrities, superstar athletes and high income earners with these exact same services, correct?
5.) Major industry # five: And what about the fancy transportation to and from these receptions and weddings!Those companies must make out too, right?Especially when there are private shuttles involved!
And remember, for the most part, the vast majority of the money remains circulated to other local small business owners an or service providers.
6.) Major industry # six: The local photography industry makes out like bandits too!Do they not? And those pictures and selfies, get splashed all over the various social media platforms, right?
Extremely Savvy Entrepreneurs Know The Wedding Industry Is Merely The Front End Of The Multi Billion Dollar A Year Sales Funnel!
6.A.) Major industry #six B: And what bride to be, along with her ever growing entourage of personal friends, relatives and extremely close family members etc; don’t like to spend a few hours, strolling along the rows and rows of exhibits, at those fancy bridal shows!
Looking for the perfect and unique combination of ways, to express their individuality!(Have a seat fellas, this may take a while!
)
7.) Major industry # seven: And last, (but certainly not least), what official engagement, and or wedding ceremony, can possibly be complete, with the help of some really nice custom jewelry!the jewelers, always have and always will make out extremely well!
Any and every time, two people decide to say “I do!” Don’t you agree? My friend, that’s why some extremely savvy entrepreneurs, make out like bandits, whenever two people decide to say “I do!”
Now in part two, let’s focus on “how” some of them actually do it!Are you with me? Great! See you in just a little bit, in part two!Now as is customary during this part of our show.
Please share your extremely valuable comments (in the comments section below) that you can
apply to your business, product or service in the next 30 days or less!
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Thank you so much for sharing this valuable information about wedding ceremonies. Thank you very much!
You’re extremely welcome Joel!
And i sincerely hope, at least a few of these proven marketing
strategies and tactics, will help take your business and or service
to the very next level and beyond!
Thanks for stopping by an sharing your thoughts!
Mark Newsome recently posted…So Why Aren’t You Strategically Using Low Cost High Powered Cross Promotions?
The wedding industry is HUGE here in the islands! I’m certainly no expert in this area, but it seems another possible opportunity is associated services that would be coordinated through the planner. For example, here a very popular thing to do is to arrange for a Hawaiian blessing. Blessings are arranged for new businesses, new homes, birthdays, weddings, etc. I’m sure there are other areas that have local customs that would be suitable to incorporate into this strategy. 🙂 Thanks for always stirring up my imagination Mark!
Marquita Herald recently posted…Reflections on the Power of Tears
Thank you M!
Because I was not at all familiar with such a custom!LOL!
And just from the mini list you shared, I can certainly see how
any one of your excellent suggestions, can and definitely will lead
to major pay days!Thanks!LOL!
Mark Newsome recently posted…How And Why Wedding Bells Equals Big Money For Some Extremely Savvy Entrepreneurs!