mark-up rate

Discussion in 'General Shop Talk' started by mortallis288, May 26, 2007.

  1. mortallis288

    mortallis288 TPF Noob!

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    i sold 4 photos to person in my family today. But i havn't told them a price yet so i was wondering how i should mark them up? i have to get them printed so its about 5 bucks for a 8x10
     
  2. KaraM

    KaraM TPF Noob!

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    I won't mark up anything I do for family (or for my church) - I charge them whatever the photos actually cost. For everyone else, I usually mark up 200%, or so, of what the item costs.
     
  3. mortallis288

    mortallis288 TPF Noob!

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    ya for close family i dont either i usually dont even charge for that but she is a distant cousin and my parentals told me to mark it up some
     
  4. Jim Gratiot

    Jim Gratiot TPF Noob!

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    Don't mark up for family... but ask them if they could please tell everybody they know about your photography services. Think of it as "break-even" advertising.
     
  5. darich

    darich TPF Noob!

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    But make it clear they're getting it for nothing or cost. Otherwise any word of mouth advertising may make you look bad or greedy.

    Your cousin says they got the prints for $5 (or whatever) and tells their friends. Their friends trhen come to you and ask for same size print and expect the same price. When you ask for more they may decide not to buy and you've already paid for the print.
     
  6. mortallis288

    mortallis288 TPF Noob!

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    its not a portrait or anything, its more of a artsy picture. its a picture of a butter fly on a flower
     
  7. Jim Gratiot

    Jim Gratiot TPF Noob!

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    Great point!
     
  8. darich

    darich TPF Noob!

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    I was almost caught out with this recently. 2 work colleagues wanted prints - 1 I'm quite friendly with, the other is purely a colleague. I sold 2 prints for different prices but told the one i'm friendly with that he was getting it cheap and not to tell the other colleague what he paid since she was paying more.

    Last thing you need is for people to start thinking you're charging more to people you don't like.

    It worked out fine for me - both loved their prints and i was happy to receive their money. But it's better to keep what you charge individuals a private matter so you don't look greedy or like you're ripping them off.

    People don't mind paying for talent, or for you to make a profit but everyone hates being ripped off. That's a feeling no business needs!!!

    Good luck!
     
  9. darich

    darich TPF Noob!

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    I was almost caught out with this recently. 2 work colleagues wanted prints - 1 I'm quite friendly with, the other is purely a colleague. I sold 2 prints for different prices but told the one i'm friendly with that he was getting it cheap and not to tell the other colleague what he paid since she was paying more.

    Last thing you need is for people to start thinking you're charging more to people you don't like.

    It worked out fine for me - both loved their prints and i was happy to receive their money. But it's better to keep what you charge individuals a private matter so you don't look greedy or like you're ripping them off.

    People don't mind paying for talent, or for you to make a profit but everyone hates being ripped off. That's a feeling no business needs!!!

    Good luck!
     
  10. mortallis288

    mortallis288 TPF Noob!

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    it cost 5$ to get a 8x10 printed, i was thinking selling them for 10
     
  11. darich

    darich TPF Noob!

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    Seems reasonable.
    But make sure they know that's cheaper than your normal price
     
  12. mortallis288

    mortallis288 TPF Noob!

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    what would be normal price for an unframed 8x10 i was thinking 15-20
     

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