Asset Tagging & Labeling Service

Tag and label assets with barcodes, RFID, or QR codes

Startup Cost
$20,000-$150,000
Difficulty
Beginner
Time to Profit
6-12 months
Profit Potential
$8,000-$83,000/month

Overview

Asset tagging services generate $100,000-$1,000,000 annually with 65-85% margins.

In 2025, asset tagging enables tracking and identification.

Revenue from asset tagging projects ($2,000-$50,000), barcode and RFID tag sales ($0.10-$10 per tag), custom asset label design and printing, asset tagging labor ($25-$75 per hour), asset database setup and configuration, and ongoing tagging for new assets.

Successful services design durable asset tags, apply tags to equipment and assets, create asset numbering schemes, photograph and document assets, enter assets into tracking systems, and provide tagging standards and procedures.

Businesses needing asset tracking as clients.

Marketing through asset tracking software vendors, facility managers, tagging and identification focus, durability and quality, and implementation services.

Required Skills

  • Asset Tagging Methods
  • Label Design & Printing
  • Barcode/RFID/QR Technology
  • Asset Numbering Schemes
  • Database Entry
  • Project Coordination

Pros and Cons

Pros

  • Relatively low startup costs
  • Complement to asset tracking software
  • One-time projects with good margins
  • Can tag assets across industries
  • Ongoing tagging for new assets

Cons

  • Labor-intensive tagging work
  • Project-based not recurring revenue
  • Tag materials and printer investment
  • Competition from in-house tagging
  • Travel to client sites required

How to Get Started

  1. Source asset tags and labeling equipment
  2. Develop asset tagging procedures
  3. Create asset numbering schemes
  4. Market to businesses and asset tracking vendors
  5. Design and produce asset labels
  6. Apply tags to client assets
  7. Enter asset data into tracking systems

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