Total hours 12
Fixed costs allowed against weddings
£6515.00 divided between weddings and portraits which is £3247.50 divided by 20 weddings which is £162.88.
The photographer needs to have an income of £10,000 per year from his photography work to supplement his other income. Half of this will come from weddings and the remainder form portraiture. Hence £20 per hour on weddings.
Remember that this is only a scenario and you will have to use your own figures to determine your correct selling prices.
As mentioned in last issue of Society News we've been compiling a survey of average wedding prices.
The results were that the average lowest price wedding was £245, the highest price being £655 and the total average spent including reprints being £600.
As an addition we found that photographers who attend the seminars had been in business for 11 years.
It is surprising that the minimum price for a wedding is around £245 and many Saturday photographers retail at below this. However the part-time photographer so the figure may not be as far out is it looks. Perhaps a nice profit can be made from this.
The most expensive wedding coverage, from the photographers that we surveyed, was just £655.
It is worth looking at your price list and adding a larger and more expensive coverage. Remember if it isn't there for customers to see then they won't be able to buy it!
The Societies of Photographers Convention and Trade Show at The Novotel London West, Hammersmith ...
You have 188 days until The Societies of Photographers Convention starting on Wednesday 22nd January 2020