Pricing Services

jayne

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I am a photographer, and I have a large format printer (the largest inkjet available) that I got for my own needs, and decided to offer the service to other photographers, to print their photographs on canvas or photo paper to virtually any size.

How do I price my services? Do I price similar to Mpix and Costco? Do I price lower? Or higher?

Thank you!
~Jayne
 
If I were doing it, I would price it based on the cost of materials plus my standard mark-up, and a labour set-up charge as appropriate.
 
It's doubtful you would be able charge as little as Mpix and Costco do, and make a profit.

Try and imagine the volume they do.
 
It's doubtful you would be able charge as little as Mpix and Costco do, and make a profit.

Try and imagine the volume they do.

Ditto plus 1,000
 
What would be a reasonable "standard mark-up"? Would that be %-wise or $-wise?
 
It depends; I don't actually do a lot with prints or consumables, but when I do, mark-up ranges between 40% and 60% of my cost.
 

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