Hi BHW.
I've been thinking about a new business idea that incorporates Artificial Intelligence, let me explain:
The idea is really simple, it consists in offering a service of old photo quality improving, restauration and colorization to elderly people, and people who are not internet experts.
I would offer two alternatives; either getting the photo in a digital format, or getting it physically for a higher price --> Shipping costs are almost nothing for photos, and I know a photography store that could print them for a small price.
The photo editing can be done easily with apps like Remini or webs like MyHeritage, that offer the AI editing software for free. I would add value by editing the imperfections of the AI and improving the photos with Photoshop, I can do this by myself.
The traffic would come via Facebook Ads, and as I said before, I would target elderly people and people who are not knowledgeable of this kind of photo editing AI. This is where my doubts arise, I don't know if it would be profitable to run Ads since the profit per photo isn't that big. Maybe I would need to add more creativity to my product in order to rise the perceived value and the price.
What do you think about it? Is it worth the try?
I've been thinking about a new business idea that incorporates Artificial Intelligence, let me explain:
The idea is really simple, it consists in offering a service of old photo quality improving, restauration and colorization to elderly people, and people who are not internet experts.
I would offer two alternatives; either getting the photo in a digital format, or getting it physically for a higher price --> Shipping costs are almost nothing for photos, and I know a photography store that could print them for a small price.
The photo editing can be done easily with apps like Remini or webs like MyHeritage, that offer the AI editing software for free. I would add value by editing the imperfections of the AI and improving the photos with Photoshop, I can do this by myself.
The traffic would come via Facebook Ads, and as I said before, I would target elderly people and people who are not knowledgeable of this kind of photo editing AI. This is where my doubts arise, I don't know if it would be profitable to run Ads since the profit per photo isn't that big. Maybe I would need to add more creativity to my product in order to rise the perceived value and the price.
What do you think about it? Is it worth the try?