It seems the people that are complaining that this is unbearably to cheap, etc, are the ones that are loosing business to people that are offering their services for so cheap.
No, the people who say it's too cheap know what they're talking about from experience, and know what's involved with running any kind of money-making venture.
Another perspective is if you get 10 clients this way, your getting experience with senior portraits, your making $500 before print expenses, and you can turn these 10 clients into school reps for you to bring you more business, at a more reasonable price.
The sheer time involved with shooting 10 students and then having to cull through images and edit the best ones will bring his hourly rate down to about nothing.
And it will bring him MORE of the business he DOESN'T want, IE people who want something for nothing.
I could see $50 for one 15-20 minute sitting, one outfit, 40-50 shots total and 6-8 "final" photos after processing. To me that's still on the cheap side... I'm willing to bet the OP will get sucked into WAY more than that.
This could be a pretty good opportunity and not a bad marketing idea.
Good opportunity yes. Good marketing idea, no. Now everyone knows you charge next to nothing and if you try to raise your prices, you won't get business.
Learn what you're doing, then charge competitive prices, otherwise you'll just attract cheapos from the beginning.
We don't even know if the OP knows how to do processing of if he has the equipment to do so. Does he have sufficient equipment to at least do a "pretty good" picture? I'm wondering if he does. After all, he's asking if $50 is the right price:meh:
for an added "bonus", give each client some rep cards with your info on the back, for them to give to their friends. Free advertising. Be sure to let them know the current price you want to charge for this.
How is it free advertising? He has to pay for the cards....