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03/03/2008 02:03:53 PM · #26 |
| I say go for it... If your heart is telling you it's the right way to go, than go... If as photographers we can't follow our hearts (atleast more often) than there's no hope for the rest of the world. |
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03/03/2008 02:11:11 PM · #27 |
Originally posted by Jedusi:
Seems to me you probably know the answers yourself . . but perhaps you need affirmation :- ) |
I' m not convinced she does know the answer. If her prices are such that she'sturning down work and yet she's still afraid to raise them (and this has happened to her before) I think she's truly underestimating her work.
I wouldn't do it in one step, but I wouldn' be surprised if Julia could work her way to $25k in the space of a few years, and still get all the work she wants.
~Terry
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03/03/2008 02:14:04 PM · #28 |
Julia - the issue does not seem to be "how much" but "how many". Sounds like what you really want is time to work on your projects of the heart and not do production weddings. As we all know you are very talented and will get the business no matter what. I would not underestimate how much you can earn from 10 weddings a year. Instead I would advertise that you will only accept 10 weddings per year in order to keep them special. People will pay for that uniqueness and you will end up with free time to go with your heart.
Go with your heart. |
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03/03/2008 02:22:40 PM · #29 |
Originally posted by grigrigirl:
Originally posted by LoudDog:
Are you planning on raising the rates on all the existing orders? Or just for new orders? |
only new orders. I would never up prices on people that have hired me already. Again, bad business. Im all about integrity. |
I figured that, but wanted to be sure.
Good news is you have plenty of time to see if it works and adjust as needed with your cushion of current work. No worries about going hungry if your price point is too high.
With the cushion you have, I agree with Terry and would start higher then 10K. If it looks like you are going to starve you can drop it. Probably easier then turning customers away or still taking on too much work?
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03/03/2008 02:22:54 PM · #30 |
Originally posted by ClubJuggle:
Originally posted by Jedusi:
Seems to me you probably know the answers yourself . . but perhaps you need affirmation :- ) |
I' m not convinced she does know the answer. If her prices are such that she'sturning down work and yet she's still afraid to raise them (and this has happened to her before) I think she's truly underestimating her work.
I wouldn't do it in one step, but I wouldn' be surprised if Julia could work her way to $25k in the space of a few years, and still get all the work she wants.
~Terry |
your right, i dont know the answers. Its not about the money. Its about the time and being able to pay my bills as need be. To afford my daughters need for a professional dance company boarding school. To afford college etc. For myself, I dont need much..just give me a camera and my computer and I am good to go. I mean...im getting old too. How long can i climb on ceilings and crawl on floors? Weddings are heavy duty exhausting work. I get a lot of advice to shoot more and hire out the editing. But darn, i dont honestly want to shoot that many weddings. They are HARD WORK!!! at least, the way i shoot. I feel like I have been hit by a train the next day.
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03/03/2008 03:25:07 PM · #31 |
I haven't read through the other replys so I appologize in advance if this has already been suggested.
You have raised your rates and are still getting more work than you want. I'd keep raising the package rates until you hit the level you want. This does two things for you. You get more for each wedding which increases your profit allowing you to finance your life and your dreams. It also trims down the number of wedding you book freeing you up to do the things you desire.
Another option is just to turn clients away. When you have booked your 10 weddings (if that is your target nuber) or enough to bring in the level of income you calculate that you need annually, simply tell any one else that you are booked and can't fit them in. This would not be lying because the time is booked, not for wedding, for the other things you have planned.
Good luck! |
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03/03/2008 03:32:33 PM · #32 |
Julia, your pictures are in a league of their own, and so should be your prices. You should definitely try to raise them, especially if you have a year or so of work in front of you.
Money is key, but if you never have the chance to do what you feel like doing, you'll regret it for the rest of your life, much more than money.... |
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