The Las Vegas Valley is experiencing a surge in population. This influx, driven by residents from California, the East Coast, and other areas is fueling a dynamic increase for businesses looking to move or people starting their careers in a major market. There were over 28,000 new residents in 2023.
Why Las Vegas is Booming?
- Cost Advantage: Compared to California hubs like Los Angeles, Las Vegas offers a significantly lower cost of living, affordable housing, and no state income taxes. Subsequently, this makes it a magnet for business owners and entrepreneurs seeking affordability and a financially sound career move.
Opportunities for Aspiring Businesses and Professionals
The surging market welcomes fresh talent, and innovative ideas, with available commercial and industrial space and new growing businesses moving in every day. It provides fertile ground for established company moves, as well as startup ventures, and a job market searching for employees.
- Industry and Media/Film Sector Growth: As the number one convention market in the country, home to professional sports teams, including the two-time world champion Las Vegas Aces, the Stanley Cup Champions Golden Knights, and a growing and diversifying economy, there are opportunities for Las Vegas’s rise as a major market player. With efforts in place to build major film studios and established video production companies already here such as Aardvark Video, with over 30 years of experience, media companies can assist these new businesses with their marketing goals and spread the word about their product or service by creating video assets for marketing, sales, training, social media campaigns, live-streaming, and more.
What Can Production Companies Provide for Businesses:
Highlight What is Important to Your Business: Production companies allow businesses to create videos that highlight what makes them special. What sets them apart from their competition, and how they satisfy customer needs and solve customer problems. People don’t want to read. In today’s media-savvy and mobile world, they’d rather watch a video.
What Are The Advantages of Using Established Production Companies Already in Las Vegas:
Though the sector will grow with celebrities such as Mark Wahlberg pushing for Las Vegas to become the new “Hollywood 2,” established production companies already have familiarity with the area and local resources and can tailor the message using that knowledge. And not to be excluded, travel is not an issue as it is with bringing production companies in from out-of-town.
The Local Advantage:
While major studios bring prestige, experienced local production companies provide exceptional value:
- Cost-Effectiveness: Local firms offer competitive rates compared to larger studios and no travel or lodging costs, making them a budget-friendly option for businesses.
- Personalized Touch: Local companies provide more personalized service and a deeper understanding and familiarity of the Las Vegas market, ensuring projects resonate with local audiences as well as a larger base.
Join the Thriving Las Vegas Scene
The Las Vegas area is flourishing, presenting an unmatched opportunity for entrepreneurs and aspiring individuals alike. With a booming population and the arrival of major players, the future of Las Vegas media is bright. Aardvark Video sits in the middle of this booming market and has been for over 30 years, which makes it, and other local production companies, a great option to promote and market business.