Enterprises often have limited budgets for outdoor advertising, and they need to be thrifty and spend the money where it counts.
With the gradual development of mobile Internet and self-media, the Hong Kong LED wall rental market is becoming increasingly popular, but due to different sources of rental, the rental price of LED walls in Hong Kong fluctuates greatly.
What are the factors that affect the rental price of LED walls in Hong Kong? The price of LED is mainly related to the five factors of equipment, rental services, market supply and demand, event scale and supporting equipment.
LED wall equipment factors
1. The larger the size of the LED wall, the higher the rental price.
Large-screen LED walls are heavier, and production, transportation, and installation require more manpower and material resources, which increases logistics and labor costs.
2. The higher the rental price of high-resolution and clear-picture LED walls
The procurement cost of high-resolution and clear-picture LED walls is high, because they require more technical and material costs, and are suitable for high-end commercial activities and professional film and television production.
3. The higher the rental price of high-refresh rate and high-contrast LED walls
The rental price of this type of LED wall product will be higher than that of general models.
4. The rental price of well-known brand LED walls is higher
Well-known brand LED walls have higher quality and more stable performance, and the rental price will also be affected by the brand premium. The price of small brand LED walls is lower.
Factors of LED wall rental service
1. The longer the rental period, the lower the average daily rental price.
Long-term rental can allow the rental company to obtain more stable income and reduce the idle time of equipment, so it can give a price discount. On the contrary, the short-term rental price will be relatively high.
2. Provide professional installation and commissioning, and the rental price will increase accordingly.
Professional technicians need to carry out precise installation and commissioning according to the on-site environment and requirements of the event to ensure the normal operation of the LED wall, which requires a certain amount of manpower and time costs.
3. Providing on-site technical support will also affect the price.
During the event, if the LED wall fails or has problems, it can be repaired and handled by professionals in time to ensure the smooth progress of the event. This is an important service guarantee for the lessee, and the corresponding rental price will also include this part of the service cost.
4. The transportation cost of the LED wall will affect the rental price.
Large, fragile LED screens require professional transportation equipment and packaging, which leads to increased logistics costs. If the event location is far away from the rental location, or frequent transportation between multiple locations is required, the transportation cost will increase accordingly.
Supply and demand factors in the LED wall rental market
1. During holidays and peak seasons for large-scale events, the rental price of LED walls will increase.
During major festivals, the demand for LED wall rental will increase significantly, and the supply will not meet the demand. At this time, the rental price may rise. In the off-season, the rental price is relatively stable.
2. Hong Kong's bustling business districts or tourist attractions may have higher rentals.
Due to frequent activities and large traffic, the demand for LED walls is high, and the rental price may be slightly higher than other regions.
Factors of the type of activities used in LED walls
1. The type of activity will affect the rental price.
Large-scale concerts and sports events have extremely high requirements for the display effect of LED walls, and high-end equipment is required, so the rental price is relatively high; while for small corporate annual meetings and private gatherings, the rental price will also decrease accordingly.
2. The larger the scale of the event, the more LED wall size and quantity are required, and the rental price will also increase.
The technical requirements of large-scale events are more complex, and the rental company needs to invest more manpower and material resources to ensure the progress of the event.
LED wall supporting service factors
1. If the supporting equipment is added, it will affect the rental price
If you need to rent an audio system, lighting equipment, and video processor when renting an LED wall, the rental company will provide package discounts.
2. LED wall customization service will affect the specific price
If the customer has special customization requirements, such as LED wall shape, appearance design, and specific functional requirements, the LED wall rental price will also change.
In addition to this service, Media Flow Studio HK also provides live broadcasting, filming and audio-visual services, web page customization and multimedia equipment rental services (the list of equipment provided for rental includes: AV equipment rental, camera rental, musical instrument rental, projector and audio rental), Top-notch professional technology, extremely high service level, and high overall cost-effectiveness.
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