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Ok. So I'm a newer photographer. Been working for other photogs, second shooting, holding reflectors, all that jazz.
I want to start my own business. I agonize over what I'll charge the brave people who hire me. Then people like this come around. How do they do it? Don't they know they are losing money and undercutting everyone else? How am I supposed to compete with this, just starting out and asking double the amount they are and offering less? Two photogs? 500 bucks? Are you kidding me? 100 4x6 "professional prints" comes out to 1/5th what they are being paid! Can you tell I'm a bit irked? Quote:
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Canon 50D, 24-70 2.8L, 70-200 2.8L MKII, 50mm 1.4, 430 EX. |
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I think he left a digit off of his price, and his IQ.
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hahaha! My guess is they probably have no idea what they are doing. You get what you pay for in my book!
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Canon EOS Rebel XSi, 35mm 1.4 (i'm in love), 85mm f/1.8 usm, 430Ex SpeedLight www.facebook.com/janamelindaphotography http://www.flickr.com/photos/janamelindaphotography/ www.janamelindaphotography.com/blog |
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You are making a mistake by comparing on price alone. I have seen craiglist ads that offer to pay people so they can shoot their wedding. The question is, would you want photos from someone who had to pay you?
Wedding photos are not every clients priority. If you hire a cheap photographer, you generally get a cheap product. There is no way a world class wedding photographer could be cheap and stay in business. Therefore, if you must start out low, then do so, but raise your prices, in small increments, often until you get where you want. The funny thing about clients and pricing - a client with a huge wedding budget will NOT hire a $500 photographer. Likewise, a bride on a very tight budget will not hire a $10000 wedding photographer. So, get to know your market. Check out your skill level and style in the area where you work and then price accordingly. As your work gets better, so does your pricing. |
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Brian is absolutely correct.
This guy is thinking $500 for 8 hrs work, I can pay one of my buddies $20 hr and still make money! Pixels are free! For what she gets the bride might as well pass out disposables and hope for the best. I don't know about now, but that used to be pretty standard fare for low buck weddings. Probably get better quality than hiring that guy.
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Personal Photo Blog |
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I would disagree with Brian to an extent, though I agree with most of it, when the wedding business is ultimately about reputation. Wish I could remember the article I was reading with a couple fairly successful wedding photographers talking about how hard it was once they established a price point starting out to move it up at all once they were established. Yes, there are customers who want cheap and that's all they care about. There are an equal number, if not more depending on who's paying for it all, that actually won't even consider a photographer because they're price is so low. A lesser skilled photographer might get looked at more strongly than a more skilled one simply because they're charging $4000 instead of $2000.
That's not always the case but like I said it's all about reputation and perceived value. What do I feel that I'm getting for my money. You also CAN NOT shoot and market yourself in all segments and work at a high level, I've never seen anyone that was successful trying to appeal to the $500 bride, the $10,000 bride and everything between. The end result is a diluted brand that has no identity and attracts no one. Decide who your target clients are and price appropriately for them. If you want the clients above him odds are they won't be attracted to him to begin with or quickly realize he won't give them what they need. While being aware of what the competition is doing is very important to make sure you are not way off in left field or missing opportunities I think we get way too wrapped up in it. Value your time, your skills, your investment if this is your business. Focus on your brand and capitalizing on your strengths and people will pay what you're worth even if someone else is offering something similar for less. |
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The $500 guy might have a full-time job pulling down $100k so he isn't quitting his day job. He might be an excellent photographer with mad skills and takes on gigs for pocket money. His time costs him nothing because if he wasn't shooting and editing he'd be watching Star Trek reruns on TV. |
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I just do it for fun and a little money to pay for new equipment. In the last year, I think me and another guy have shot about 6 weddings, for about $700 each. I get paid $200 ($100 if we bring along a third photographer) of that, and the other guy takes the $500 and donates it to charity. We're in it for the challenge and experience, not for the money. We love the feeling of taking great photos for a couple that doesn't have thousands of dollars to pay for a "professional". And in the end, we post some photos on facebook for them and their friends, and give them the rest on a DVD. |
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From a reputation standpoint - absolutely. It is all about reputation. A very large source of referrals is from friends of your clients and, typically, those clients tend to be in the same socioeconomic range so a one time large price increase will cost you that referral business. This is actually what I did and I did have a 6 month slow period where referrals dried up until I could make inroads into the circles for the clients in my new price range. Small increments, 10% a shot, will generally not cost you a huge amount of referrals and allows you to slowly get to the price point you want. I do agree that some people do buy on cost alone. However, there are expectations that are attached to higher pricing and, generally speaking, the work, process and entire experience tends to be better. So yes, cost will indeed influence some buyers but can cause a whole lot of heartache if you are not ready to provide the experience that is expected with that cost. |
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