When I wrote “Beyond ‘Meeting Code’” a
few weeks back I mentioned hearing people lament the prices charged by
professional photographers. I
think that, likely, the vast majority of people who think the rates are too
high have simply: never been provided with the reasoning behind the pricing or,
more likely, have never given it any thorough thought.
Over the course of just this past year I
have, among other things: attended a few multiple-day workshops; completed an
on-line photography course; spent many hours looking at on-line Photoshop
tutorials; bought books on Photoshop, Lightroom, and lighting techniques; added
studio equipment; paid annual membership dues; begun work on my new home
studio; and more. In short, I have
put a considerable amount of money and time toward bettering my skills and
set-up so that I may continually improve the product I am providing my clients.
In any business the push to exceed
clients’ expectations has to come from the person/people running the
business. However, in order for
business owners to continually improve their skill set, equipment, software and
products available, so that they can exceed those expectations, they require
more than good intentions, they require revenue AND profit.
I was once chatting about my business
with an acquaintance, who is actually a lovely person; she congratulated me for having such
an easy job, that it was “easy money”…she expressed her feelings of apparent
awe that I was making the full session price for just one hour of work. She meant no harm, but she was terribly
mistaken as, at that time, with business start up costs (which I am still
trying to recover), I was actually paying to work!
It seems some people think, ‘well, she
has a camera, she loves photography, and it’s only an hour or two of her time;
what’s the big deal?’ However,
those people neglect to think of, or value, photography as a business with inherent
business costs (license, software, hardware, education, marketing, etc.),
equipment costs, and the professional’s time spent working on the job.
I have worked out my time on a couple of
typical jobs to give you an idea of the time spent on any given project and you
may be surprised to learn that, as an estimate, the client only sees about 15%
of the working time that I will put into their final product (outside of the time
spent shooting the session, I must: ready my gear, sometimes buy/rent props or equipment,
prepare the studio, review and cull images, prepare the on-line gallery, and work
on the final edits). Therefore, if
I spend 3 hours on a newborn shoot, the entire project will likely take in the
range of 20 hours. Also note that
I haven’t included the time spent on everything else that goes into having a
business; for instance, I recently implemented a new back up/storage system
and, due to a glitch between the software and hardware, I invested nearly 40
hours trying to ensure my backups and storage were safe. Now these times may be different for
other photographers; for instance a more seasoned retoucher may spend much less
time on edits, but I can only speak from my own experience.
Now, I will say that I don’t necessarily
think that only a professional photog’s pictures are ‘worthy’ heirlooms; I am
first and foremost a lover of images, regardless of who took them or how they
were recorded (I recently became addicted to iPhoneography!). What I am trying to communicate is that,
if you choose to hire a professional photographer - who has invested in providing you with an experience and images of a professional quality, and you wish to have a more personal experience than you would in a huge studio - I’d like for you to consider
that the pricing, for the session and prints, must cover the expenses and
then, hopefully, there is also a profit.
You can love what you do, but you also have to eat!
I began this little series of posts based
on the idea of going beyond meeting the requirement, and I passionately believe
in doing that in business and in life.
I also believe in simple economics and so if you aren’t making a profit
after the start-up years, then you aren’t in business, rather you just have a
really expensive hobby.
I hope that this post has effectively
communicated two things: that I love what I do (otherwise I wouldn’t be doing
it!), and that it costs money to do what I do. I will continue to strive to exceed both my clients and my
own expectations.
Life is great!
Lori
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