December 29, 2005
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I WAS THE CHEAPEST PHOTOGRAPHER AROUND WHEN I WAS 24…
BUT READ THIS NEWSPAPER ARTICLE
I’m
in the middle of collecting my show and tell examples for my upcoming
National Tour, and on this tour my dead set goal is to help wedding
photographers be successful in the BUSINESS of wedding photography.
Until now, my lectures have generally been about photographic
techniques, how to shoot better digital, etc. For the first time I’m
doing a program about the biz. Merchandising, pricing, contracts,
booking, etc.
I came across
this very interesting article in my warehouse from the Los Angeles
Herald Examiner. I was 24 years old, fifteen months out of college,
living out of my parent’s little apartment and operating out of a
bedroom. Three months after this I went on my first 26 city national
lecture tour for Art Leather on how to be successful in wedding
photography. I was so impatient then to get things done. In my first
year I booked 49 weddings for a $150 fee (no time limit! No required minimum purchase! Insane!), and did over $64,000 in revenue and put $16,000 in savings. Double that roughly for the equal in today’s dollars.
How
I did it was due to merchandising. I spent my senior year in college
with a notebook in my hand sketching notes and a concept to accomplish
two things in wedding photography – 1) book a LOT of weddings and 2)
earn a lot with each wedding I booked. That planning worked!
I
charged lower than anybody anywhere in my fee. Even in the 1986 when I
did $177,190 on 63 weddings, I was only charging $275 to shoot a
wedding. Some of my long-time followers will remember these lectures
and the anger it stirred among some – how I was so inexpensive in my
fees, but wound up with average sales higher than anybody else. I
believe I was still charging a $275 fee the year I bought my first home
for $400 grand at age 26. Looking back – that was the power of
merchandising.
The reason I’m
doing this tour is to help photographers see clearly how effective
clever merchandising can work, and how very very basic rules can have
wicked success. The most bizarre thing is in today’s market, I see
literally NOBODY doing the merchandising techniques that I used in
those days. So for those who can make my seminar, I’m going to reveal
the strategy to freaking nail down a merchandising workflow that will
produce multiples.
To see the full-sized article (don’t laugh at the photo, ok?) CLICK HERE (you may have to click to zoom once your browser opens it)
If
you want to come and hear me personally tell my story and how these
merchandising techniques can help you increase your business in the new
year, CLICK HERE.
Comments (2)
* raises his hand * I’m 21, I do weddings for $225! Yay!
Take care,
-Matt-
I clicked on the link to hear you personally and the link didn’t work.