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Demand for Korean-style photo booths sparks business boom

Reporter Vivian Hsiao
Release time:2023/03/26 22:45
Last update time:2023/03/26 22:45
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TAIPEI (TVBS News) — Korean-style photo booths have surged in popularity with their increasing presence in Taiwan.

Amid the post-pandemic recovery, owners of photobooth businesses saw an opportunity to offer people a means of capturing memories when their social lives were temporarily on hold. 

 

These trendy photo booths, which take photos known as "life's four cuts," became a way for young adults and teenagers to immortalize their friendships and youth.

At Taipei City's tourist hotspot, Ximending district, several keen business owners have established many more Korean-style photo booths, marking a remarkable increase from one to twelve such stores in just four months since Taiwan's border reopened.

In addition to being a beloved pastime, these photobooth stores have proven to be lucrative businesses. 
 

With a rough estimate suggesting that they can earn NT$20,000 per photobooth per day, a store with three booths could rake in NT$1.8 million each month. 

Even after accounting for 20% of the rent and 10% of personnel costs, the business can still expect NT$1.26 million in monthly profits. 

However, as more colorful photo booths continue to pop up in Taiwan, concerns have been raised that a lack of precise business models may soon cause them to lose momentum, much like the once-popular claw machines. 

Owners of these photo-taking stores must find innovative ways to ensure their longevity and secure a foothold in the industry for years.

Taiwan Business

#Taiwan#Korean-style photo booths#business#lucrative#profits

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