All products, except luxury items, have a maximum price set by market conditions. A loaf of bread costs up to about $8. A bakery can’t increase the price to $20 or $30 no matter how good that bread is. The price of bread has a ceiling. To make more money, a bakery can expand into products that have a higher price ceiling such as cakes and pastry (which might be considered luxury items).
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The Art Of The Estimate
There are plenty of clients who don’t actually want the cheapest choice. They want the best one, and a powerful estimate is the clue they use to choose.
– Seth Godin, author and marketing strategist
An estimate doesn’t have to be just a page of numbers. You can use an estimate as an additional marketing tool to help persuade a potential customer. Customers need more than numbers to understand you and your business. If you can sell yourself as being more knowledgeable, more reliable, and less risk, then price becomes secondary.
Differentiate yourself from other photographers not by having a lower price or even a similar price, but by being exactly what they’re looking for. And this is done with words, not numbers, on an estimate. Sell yourself and not the numbers.
Seth Godin’s full blog post about estimates.
Pricing for Business Event Photography
A few months ago, I was asked to quote for a three-hour business event. So I quoted for a three-hour event.
Two days before the event, the event organizer said they needed me onsite 45 minutes sooner to do some early photos. They also wanted me to stay after the event so I could edit “one or two pictures” right away for their social media.
On event day, I arrived one hour before the start and, as requested, I was ready to go 45 minutes before the start. But the event was 45 minutes late getting started. It also ran 1-1/2 hours longer than planned. After the event they wanted some group photos. Then the “one or two pictures” that they needed right away became 16 images. What was originally supposed to be three hours onsite turned out to be more than 6-1/2 hours.
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Artificially Intelligent Mayor
Retouching Business Headshot Selfies
Is it common for a company to require its employees to supply their own business headshots? Most of these self-supplied headshots are, of course, cellphone selfies.
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On Photography – 50 Years Later
It’s the 50th anniversary of the publication of US author Susan Sontag‘s essay Photography (link to PDF) which was later re-edited and renamed “In Plato’s Cave.” This renamed essay became the first of six essays in her book, “On Photography.” In Plato’s Cave is probably the most well known of the six essays.
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Washrooms and Photographers
This is something they definitely did not teach you in photography school. How do you go to the washroom when you’re doing event photography?
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