Is there a market f...
 

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[Closed] Is there a market for......

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GoPro hire

The back story:
We've just finished a contract for a client and as part of the job, we did a lot of filming on HD Hero 2's. Due to the quantity of filming involved and the fact were on the road, we purchased 15 of them.

The likelyhood of us using them again any time soon is low (none of the jobs in the diary for this year would suit them)

So my options are

1- Sell them all.

2- Keep them and kit my bike out with a full 360 view rig.!!

3- Start renting them out with the rest of our rental stock. They're not really the sort of thing our regular clients would want but what I wonder is, could there be a market for week long hires of the cameras with mounts etc. for people going off on sport related holidays. Could be an interesting diversification for us.

What do ya reckon? Would you rent a goPro if the price was right or are they cheap enough that you'd just buy one if you wanted one?


 
Posted : 23/01/2012 7:14 pm
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Keep them and kit my bike out with a full 360 view rig

matrixesque freeride spectacular?


 
Posted : 23/01/2012 7:16 pm
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Rental, then try it out and then buy a new one, sounds like a good idea.

You been filming eddie stobart trucks and trailers, or Top Gear.They both use them.


 
Posted : 23/01/2012 7:17 pm
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Could well be a market for that depending on the price.

Has to be weighed up against the cost of buying something cheaper eg. HD170 which can be picked up new for +/-£135


 
Posted : 23/01/2012 7:21 pm
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Do you work near Northwich??


 
Posted : 23/01/2012 7:21 pm
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Project - not quite!!!! We were on tour with a band at the end of last year and they were hidden all over stage/the venue/ attached to the end of guitars etc. Aim is to provide it all as extras on an upcoming DVD/Video download


 
Posted : 23/01/2012 7:24 pm
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Would be Probably better done at the trail centre to be honest
Has the deposit would have to cover the lose or damage of the unit
plus you would have to carry a lot of spares including cases etc.


 
Posted : 23/01/2012 7:24 pm
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how much do you want for one of them?


 
Posted : 23/01/2012 7:26 pm
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idave- Up in the Bradford/Leeds area

Woody - I reckon we'd probably be looking at £50/week plus £100 deposit. Too much?


 
Posted : 23/01/2012 7:27 pm
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theflatboy - Not sure as yet. Reality is we'd probably look to shift them as a batch to another production company, but if we go down the sales route, I'll see what we could work out


 
Posted : 23/01/2012 7:28 pm
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Thebikechain started renting out one recently, ask them if its working out for them


 
Posted : 23/01/2012 7:31 pm
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nice one, let me know!


 
Posted : 23/01/2012 7:34 pm
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I'd rent one. I have a few uses in mind, but couldn't justify buying one.


 
Posted : 23/01/2012 7:36 pm
 Drac
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I'd say as there's a few companies already do rent them out.


 
Posted : 23/01/2012 7:39 pm
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Good to hear meehaja. What do you reckon to the pricing?

Current thought is £50 per week plus £100 deposit. This would work on the basis of camera with case 32GB card (could be purchased or returned dependant on client needs), LCD BacPac, Battery BacPac and cables etc.


 
Posted : 23/01/2012 7:40 pm
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If you do end up selling I'd take one (only one mind)


 
Posted : 23/01/2012 7:41 pm
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I had this idea last year, and instantly though "I'll be a millionaire!!" Rushed home to google it, and it is actually already possible to rent a go pro. Same way you can rent pretty much any camera equipment you can think of. There did seem a lack of an "extreme sport" style website. It's the insurance that I fell down on. Couldn't be bothered to get a quote and work out how much I would have to charge per week/day etc to see if it was possible to be competitive. The other websites offering this also offer a very wide range of camera equipment so I would imagine their insurance quote will be much cheaper than you with only 15 cameras. But who knows.


 
Posted : 23/01/2012 7:43 pm
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I read the first sentence and immediately thought "yes". I've thought this myself many times. I can't bring myself to spend that kind of money for one myself, but paying a few quid for holiday rental seems a great idea to me


 
Posted : 23/01/2012 7:43 pm
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I'm interested in buying one if you decide to sell them.


 
Posted : 23/01/2012 7:44 pm
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how much are they worth because if it is more than £150 then they might all go missing on the trails!


 
Posted : 23/01/2012 7:49 pm
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andyl - they are worth more than that but at the same time, we hire out cameras worth 10's of thousands currently and have only had one problem. We do however have insurance which would cover such an instance and a good enough network of contacts that if someone did decide to nick one, they'd struggle to hire anything camera related in the UK again.

We have had an instance of "oops, it went missing" from a client but they returned it a week later when they found that every other hire company they tried to hire from had their details on file. Not a foolproof method but we have found in the past that if the deposit is too high, no-one hires.


 
Posted : 23/01/2012 8:02 pm
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Woody - I reckon we'd probably be looking at £50/week plus £100 deposit.
Pretty much what I would have expected but unless you can hire out locally you would have to add on insured postage + insurance, SD card etc, which makes it a lot less attractive to potential short term hirers.

I think you should just get shot of them cheaply and quickly, as presumably the purchase cost was built into the contract, and save yourself a lot of hassle.

Email in profile 😉


 
Posted : 24/01/2012 12:28 am
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How much are they new? £50 a week sounds a lot to me - are they not only a couple of hundred new?


 
Posted : 24/01/2012 12:47 am
 JoeG
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I think that a rental business would only be profitable at a bigtime riding destination where there would be a high turnover of customers. Ray's Indoor MTB rents them by the day http://www.raysmtb.com/cle/index.php?option=com_content&view=article&id=53&Itemid=83


 
Posted : 24/01/2012 4:38 am
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I also think £50's a bit steep unless that included you sending them out and then a pre paid postage back. Off to Wales this weekend and would love to have one to take with me/us because I'm sure I'd be getting my money back due to the high probability of a few "£250 moments" 😆
If they hired them at the trail head as there's probably gonna be six of us it would be good to all chip in for one on the day also! Just one question, how easy to set up and use? Would you get good footage on your first ever attempt with one?
Oh I would also buy one if you sell them on!


 
Posted : 24/01/2012 7:04 am
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I'll buy one if you do sell
How much for all 15?


 
Posted : 24/01/2012 7:08 am
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I'd take one off your hands too


 
Posted : 24/01/2012 7:32 am
 ojom
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We do this. £10 for Friday pick up to Monday return.

32gb card supplied and no deposit.

If it goes missing, Kirkwood our trained Black Lab is starved for a day and released with a scent trail...

One rule, you break you pay. Easy. oh and no bedroom use too!


 
Posted : 24/01/2012 8:14 am
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another potential buyer here too (for the right price...!)

if you do rent them out, £50 for the week would be reasonable, i reckon. if you need a franchise in morzine, lemme know 😉


 
Posted : 24/01/2012 8:24 am
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well, it turns out the decision has kind of been made. I woke up this morning to an email from a production company saying that they'd heard we had some and could they take them off our hands for X pounds (about 80% of original outlay). Figure I'd be stupid not to.

Sorry to all those who were after one but obviously, its better for me to shift the whole batch than the odd one or two here and there.

Thanks for all the input and who knows, maybe theres some ideas in this for someone else.


 
Posted : 24/01/2012 9:00 am
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£50 a week seems way too high to me, I'd have thought £25 tops but good job on selling them all 😉


 
Posted : 24/01/2012 9:03 am
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oh and no bedroom use too!

Have I misunderstood 'helmet-mounted camera'?


 
Posted : 25/01/2012 12:44 am
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POV


 
Posted : 25/01/2012 1:02 am