dnavarrojr
TPF Noob!
- Joined
- Jan 28, 2011
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- 299
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- Kansas, USA
- Website
- www.topekadesign.com
- Can others edit my Photos
- Photos OK to edit
But, this last weekend I went to a seminar. A friend of mine paid for me to go and I didn't have anything else to do, so I went. And I was surprised...
2011 Summer Tour | Sallee Nordstrom
When I was a web developer I used to go to development seminars all the time, but I've always avoided going to "rally" type seminars where someone else had the magic secret to making me more successful. The Sallee Nordstrom Turn the Key thing is kind of like that, it's a few successful photographers giving advice on how to increase your photography business. I went in skeptical and came back satisfied that had I actually paid the $59 myself, it would have been money well spent.
http://www.salleephotography.com/
lori nordstrom studio
First, let me start with the negatives and get them out of the way... The photographers running the seminar are successful because they are great sales people, not great photographers. Their photography isn't bad and probably still better than mine, but it's not what I would consider outstanding photography work. They are masters at taking a better than average product and selling the heck out of it. And at $59 average price for the 140ish people who showed up for the seminar, I can't imagine they made much money from ticket sales. But, they made a crap ton of money from up-selling most of the attendees in the room. They sold PhotoShop templates, videos and other doo-dads at an average price of $400 per sale... and they had a lot of takers there. It was a little bit like being at a Time-Share presentation during parts of the seminar with a hard sell on their various products. If they are as successful at selling to their photography clients as they are to other photographers, then they've got to be pushing a million dollars a year in overall sales.
Okay, let's get to the good stuff...
These people are SALES PEOPLE. They run their business like a business and are savvy at marketing and masters of customer psychology. So to be as successful as them, you have to either math their tenacity as sales people, or find someone else who can do that for you. And they emphasize how hard it is to be successful being a "one man band". You have to have staff who can either do the things you hate doing, or do the things you are better off not wasting your time on. If you hate doing sales pitches, then hire a sales person. Start them off on 100% commission with no base salary. It's both incentive for them to make sales and you're not paying them unless they bring you a paying customer. The downside is that you generally have to give up a high percentage or fee to motivate a good sales person. So make sure you reflect that in your pricing so that you still make what you need to.
If you do enjoy the sales side of the business, consider getting help with the more tedious parts of your work. Hire someone to do the first edit of your images (college design students and photographers work cheap in exchange for the experience). Hire an assistant to help with your shoots so that you spend more time shooting and less time prepping or looking for gear during the shoot. Hire a receptionist. Anything that gives you back a few hours a day will help your bottom line.
The Sallee's and Lori Nordstrom both have a staff which includes other photographers, editors, and assistants. They love shooting, but they love business more and know that the best use of their time is selling clients. Although, in Lori's case, she has a system for selling that she has taught a few people who work for her, so she lets them do the initial contact with clients and she closes the sale.
And closing the sale is where they clean up. They are high end shooters with an average session fee of $2000 for a 2-hour session. But the majority of their sales (they say) are closer to a $10,000 average. They are masters of up-selling. Getting clients to buy tons of prints, jewelry, t-shirts, and whatever other crap they can stick of photo on. None of their packages include a CD/DVD with images, if you want a disc you have to pay big money for it. For example, if you want a disc for a wedding shoot it's $1500 for 50 (yes, fifty) photos size to print at 5x7 resolution. Each additional 50 images on the disc is an additional $500.
"So, let me tell you how you can get the $1500 disc for free. For every $1000 you spend on printed products, we'll give you a $500 credit towards the CD. So, if you spend $3000 you'll get a lot of fantastic prints AND a free CD... in fact, if you spend $3000 in prints we'll even give you another 50 images as a bonus. So that's $2000 worth of images plus all of your prints for just $3000." According to them, they've only ever had one client actually pay $1500 for the disc and not buy any prints. Also, the "CD package" actually still includes prints. They give the client a gift box with the disc and all 50 images from the disc already printed at 5x7. Altogether that $1500 disc costs them $80 in printing and has a higher perceived value by the client.
The other thing they have started doing in the past few years to increase their sales is learn about interior design for their print presentation to clients. They show the client what their walls would look like with various prints on them. They claim that it has lowered pushback from clients quite a bit because they can now see the impact of large prints instead of having to use their imagination.
2011 Summer Tour | Sallee Nordstrom
When I was a web developer I used to go to development seminars all the time, but I've always avoided going to "rally" type seminars where someone else had the magic secret to making me more successful. The Sallee Nordstrom Turn the Key thing is kind of like that, it's a few successful photographers giving advice on how to increase your photography business. I went in skeptical and came back satisfied that had I actually paid the $59 myself, it would have been money well spent.
http://www.salleephotography.com/
lori nordstrom studio
First, let me start with the negatives and get them out of the way... The photographers running the seminar are successful because they are great sales people, not great photographers. Their photography isn't bad and probably still better than mine, but it's not what I would consider outstanding photography work. They are masters at taking a better than average product and selling the heck out of it. And at $59 average price for the 140ish people who showed up for the seminar, I can't imagine they made much money from ticket sales. But, they made a crap ton of money from up-selling most of the attendees in the room. They sold PhotoShop templates, videos and other doo-dads at an average price of $400 per sale... and they had a lot of takers there. It was a little bit like being at a Time-Share presentation during parts of the seminar with a hard sell on their various products. If they are as successful at selling to their photography clients as they are to other photographers, then they've got to be pushing a million dollars a year in overall sales.
Okay, let's get to the good stuff...
These people are SALES PEOPLE. They run their business like a business and are savvy at marketing and masters of customer psychology. So to be as successful as them, you have to either math their tenacity as sales people, or find someone else who can do that for you. And they emphasize how hard it is to be successful being a "one man band". You have to have staff who can either do the things you hate doing, or do the things you are better off not wasting your time on. If you hate doing sales pitches, then hire a sales person. Start them off on 100% commission with no base salary. It's both incentive for them to make sales and you're not paying them unless they bring you a paying customer. The downside is that you generally have to give up a high percentage or fee to motivate a good sales person. So make sure you reflect that in your pricing so that you still make what you need to.
If you do enjoy the sales side of the business, consider getting help with the more tedious parts of your work. Hire someone to do the first edit of your images (college design students and photographers work cheap in exchange for the experience). Hire an assistant to help with your shoots so that you spend more time shooting and less time prepping or looking for gear during the shoot. Hire a receptionist. Anything that gives you back a few hours a day will help your bottom line.
The Sallee's and Lori Nordstrom both have a staff which includes other photographers, editors, and assistants. They love shooting, but they love business more and know that the best use of their time is selling clients. Although, in Lori's case, she has a system for selling that she has taught a few people who work for her, so she lets them do the initial contact with clients and she closes the sale.
And closing the sale is where they clean up. They are high end shooters with an average session fee of $2000 for a 2-hour session. But the majority of their sales (they say) are closer to a $10,000 average. They are masters of up-selling. Getting clients to buy tons of prints, jewelry, t-shirts, and whatever other crap they can stick of photo on. None of their packages include a CD/DVD with images, if you want a disc you have to pay big money for it. For example, if you want a disc for a wedding shoot it's $1500 for 50 (yes, fifty) photos size to print at 5x7 resolution. Each additional 50 images on the disc is an additional $500.
"So, let me tell you how you can get the $1500 disc for free. For every $1000 you spend on printed products, we'll give you a $500 credit towards the CD. So, if you spend $3000 you'll get a lot of fantastic prints AND a free CD... in fact, if you spend $3000 in prints we'll even give you another 50 images as a bonus. So that's $2000 worth of images plus all of your prints for just $3000." According to them, they've only ever had one client actually pay $1500 for the disc and not buy any prints. Also, the "CD package" actually still includes prints. They give the client a gift box with the disc and all 50 images from the disc already printed at 5x7. Altogether that $1500 disc costs them $80 in printing and has a higher perceived value by the client.
The other thing they have started doing in the past few years to increase their sales is learn about interior design for their print presentation to clients. They show the client what their walls would look like with various prints on them. They claim that it has lowered pushback from clients quite a bit because they can now see the impact of large prints instead of having to use their imagination.