A virtual reality (VR) privatized gentleman’s club is a fun and innovative way for customers to have the total strip club experience from the comfort of their own homes. As an entrepreneur, you may want to get your foot in the door of this emerging business opportunity.
But just what is a VR privatized gentleman’s club, and what do you need to know to succeed in this ultra-specialized sector?
Welcome to the new world of VR adult entertainment.
A VR privatized gentleman’s club is designed to simulate the “real thing” as much as possible. Features include the ability to interact with virtual strippers, buy virtual drinks, and socialize with other members.
As with many other businesses in the adult entertainment sector, VR privatized gentleman’s clubs are typically accessed on a subscription basis.
This means that a customer is generally billed at set intervals – generally monthly – to maintain their ongoing membership. Some businesses set up several access tiers, with subscription costs rising as the scope of services increases.
Tips for starting a VR privatized gentleman’s club.
Breaking into this burgeoning niche requires knowing your customer base, determining the services to be offered, investing in your infrastructure, and establishing the foundations of your business, including how you plan to set up recurring payments.
In many respects, launching your VR gentleman’s club is like starting any other business. It is vital that you do thorough research to investigate the market, identify your customers and their existing pain points, and come up with a detailed plan showing how your business will meet these needs and make a profit.
In addition to these more generic requirements, entering the VR sector demands a working knowledge of the technology required to run this specialized business.
In addition, you will need to partner with an adult merchant account provider with demonstrated experience in this sector.
Your club and the high-risk business categorization.
High-risk businesses like yours are placed in this category for any of several reasons. These include industry traits, poor credit history of the business owner, higher chargeback levels, added security risks, extra regulatory scrutiny, and reputational issues.
As the owner of a VR gentleman’s club, you will need to partner with an adult merchant account provider to facilitate the secure processing of customer payments.
Be aware that you will not be able to sign up with a traditional lender because of the nature of your business, and the adult entertainment industry in which it operates. This is because your club and all other entities in adult entertainment represent a higher-than-average level of risk of default.
High-risk merchant account providers are specifically in business to help you to succeed in this sector. Although you will pay higher fees and may need to undergo additional scrutiny during the application process, your high-risk provider will be uniquely equipped to help you navigate the increased security risks and added regulations to be found in your industry.
They will also furnish you with responsive customer service to help you troubleshoot technical difficulties that could otherwise cause costly business interruptions.
Additionally, they will assist you in designing your systems to accommodate the subscription model that is ideal for your business type.
Once you properly configure your point of sale system and set up recurring payments, you will be ready to create a seamless membership experience that will satisfy your customers while helping to ensure steady profits with minimal payment interruptions.
Virtual reality is gradually making its way not only into online retail but also into the entertainment milieu. Jumping into this rising sector on the ground floor represents the potential for high profits. With thorough research and a solid partnership with the right high-risk provider, your virtual gentleman’s club can gain prominence.
