The niche markets of laser engraving

December 15, 2017
598 Views

Laser engraving is a growing industry, due to the want of personalized items it is the perfect tool to use to customize and create innovative pieces of art.

Due to the effectiveness of this machine, many entrepreneurs are choosing this as a business. A successful business model is all about knowing your market and choosing which one to focus on and specialize in. Selected Best have some great info when trying to pick a machine here: https://www.selectedbest.info/best-laser-cutting-engraving-machines/

Let’s look at the potential niche markets for this industry.

The most effective way to make signage

Every business uses signs for indoor and outdoor use. These signs can be personalized to the business’s needs. A great niche market is to make custom signage for businesses using laser engraving. The reason for this is because laser engraving is a fast, effective way to create signage and it can be used on a wide variety of materials such as including acrylic, wood, plastic, engraving plastic, sign foam, and much more.

Making logos is as easy as printing

On many signs, businesses include their logos. Following the signage market, another great service to explore is engraving logos. These logos can be engraved on the sign or the businesses products. Engraving logos is a simple process. It follows the same step by step principles as printing an image

  1. import or design logo using software
  2. save the image
  3. print / create using the laser

To remember special memories

Photos can be engraved also. This method looks very effective on wooden surfaces. It is a great way to turn family memories into a piece of art. This could be used together with wedding gifts market as every wedding will have lots of photos to remember the newly wedded couple’s special day.

Image result for laser engraving

Make unique wedding gifts

Popular wedding gifts include photos, photo albums, plaques, furniture, kitchenware and glassware. All of these surfaces can be engraved and personalized for a wedding. This will make your gift stand out and definitely catch the eyes of the bride and groom.

The next steps

As with any business, a well thought out business plan is key to success.  Firstly, research every market in this industry, then you can narrow the choices down and pick the few that you are interested in and wish to focus on. You can choose to focus on one or a few that will complement each other. When you have made your decision you can market your niche business and offer your engraving services to potential customers. Reputation is very important as with any business.

Some extra tips in order to have repeat business

Remember to listen to your customers’ requirements and offer advice as needed. Customers do not appreciate unreliable sellers. If you give the customer a due date for when the order will be complete then stick to that date.

Do not be late as this will make you look unreliable and possibly upset your client. If for some reason your work will be completed late then let the customer know. Having regular and honest communication with the customer will help you to build trust with them and is a key factor for gaining repeat business.

You may be interested

Is Acquiring a Business on Your Agenda?
Technology
29 views
Technology
29 views

Is Acquiring a Business on Your Agenda?

David Willy - January 13, 2021

If the notion of acquiring a small business has caught your eye, any thoughts to what you might be looking…

What To Learn More About The Explainable AI
Technology
55 views
Technology
55 views

What To Learn More About The Explainable AI

Derek Hales - January 9, 2021

There are so many trends associated with data analytics and there are several articles on that over the internet now.…

Should Prince2 Training Be A Prerequisite for Project Managers?
Featured
413 views
Featured
413 views

Should Prince2 Training Be A Prerequisite for Project Managers?

Anastasia Stefanuk - November 18, 2020

Prince2 is a unique technique that project managers use to handle issues as they go. It’s a perfect way to…