Accounting Customer service Hiring & human resources Legal Management Raising money Sales & marketing Selling a business Startup Technology Small & Global How We Got Started Biz Books Innovators Owner Tested Tech Edge Best Bosses Next Little Thing Startup Showdown Current Issue Archive
2 of 5
BACKNEXT
NorthStar Moving
As president of NorthStar Moving in Los Angeles, Ram Katalan began to see a sickening slide in his bookings about a year ago. When he realized his business was weakening most among middle-income clients, he refocused on the high-end market, which is less susceptible to economic fluctuations.

To attract luxury customers, Katalan, 43, expanded his premium services and launched new ones, including Photo Perfect Packing, in which every object is photographed and inventoried before being loaded onto a truck. Movers then arrange everything in the new home to correspond as closely as possible to the previous layout.

The service has been particularly popular with reality TV shows, including America's Next Top Model, which contracts with NorthStar to handle the temporary packing in homes borrowed for filming. NorthStar's premium services now account for about half of its jobs, up from 20% just four months ago.

"It's a lot more expensive," says Katalan. "But the people willing to pay for it are not as affected by the economy."

NEXT: Chauffeured Transportation

LAST UPDATE: Oct 01 2008 | 2:12 PM ET
Sponsored by
More Galleries
Better digs, less money These 6 businesses took advantage of crashed real estate prices to trade up for new stores and office space. More
The no-cash economy Beer, lingerie, ad space and high-end electronics were some of the offerings business owners put up for swap at this week's Barter Business Unlimited holiday trade show. More
Black diamonds A North Carolina entrepreneur wants America to fall in love with truffles. More
Sponsors

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.