June 29, 2004

Photo-Me

Times Online has a market watch article on a company called Photo-Me which caught my eye.

This company is the world's largest photo-booth operator, as well as being a leading supplier of photo processing labs. Their long term plans are "to cash in on the emerging popularity of digital cameras and camera phones, by developing standalone processing kiosks, which allow people to develop pictures themselves.

Initial trials have gone well, generating gross average monthly revenues of £1,650, on a booth that costs £2,000 to make. The plan is eventually to roll out 300 to 400 units a month.