How to price your video…and make the money you want.

Pricing is the best part of the job. You can literally make what you want to make regardless of where you live. I would say, if you’ve never filmed a wedding, to keep it under $1000 (at least for your first wedding). Search online around your area to see what others are charging. Remember, their will always be “cheap” and “discounted” wedding videographers in the area but they will always stay in those price ranges. Once you set a price and the word gets out, it’s hard to up your fees. The best time to do that is when weddings are slow which is usually around January through February. I have met people who filmed weddings at under $500 and have never been able to raise their rates because they attract the kind of people who will only pay for a $500 wedding video. Your prices reflect your clients pockets. Are they the type of client who will pay anything for the wedding or are scraping by and trying to find the cheapest deal. If you have a couple who complains about your price, remind them that they will be able to watch this forever and you can’t put a price on the memory (don’t get too cheesy or they won’t book you).
If your plan is to get into the market with cheaper prices ALWAYS put the full price (let’s say $800) and give them a 50% discount. That way, if anyone asks you can tell them that you charge $800. Like I said before, it’s hard to bump up your prices once you are labeled a “discount” videographer. Your reputation follows you.
So, it’s up to you…what do you want to make and what type of clients do you want to work with? Look for future posts about finding Clients (which are good) and Grinders (which will waste your life away).

Speak Your Mind

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Do you want to learn how to grow your wedding video business?

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Tell me what you think!  What do you do to insure the wedding video looks AND sounds great while shooting outside?  Leave your comments below.  

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Do you want to learn how to grow your wedding video business?

Check out these audio tutorials:

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