In a recent discussion on a photographer’s forum, about how one goes about putting a price on what ‘we’ do – this is the analogy I gave, in reference to a job I have recently been asked to quote for – whereby the client was wanting to know what my ‘day rate’ was, to take some pictures at a nearby hotel.
So to try and explain why I, like them (the hotel), quote the way I do, this is how I explained it – so as the hotel could see, that how I put a price on ‘my thing’ is very similar to how they put a price on ‘their thing’ – should someone ask for a quote.
There are basically 4 things that will determine the fee:
1. Number of images: 15 images – is like saying: 15 people.
2. Media use: Worldwide web & promotional emails only – is like saying: Bed & Breakfast only.
3. Period of use: 2 years use (ends 31/3/2015) – is like saying: 2 nights (ends the following day).
4. Territory of use: Internet only – is like saying: their hotel only.
So, just as the price that they would quote you, would also be based on the above information – so is mine…
.. which means, if I would like them to pay more than this, then it would then be up to me to try and produce some images that they would actually want to use for more than this…
.. if I was to expect them to pay me more than this afterwards (just as they will want their customers to use their hotel for more than the minimum amount too) – which is therefore my incentive (or their incentive) to go the extra mile for my clients (or in their case, their guests, who want to use their hotel).
So the more that other people want us to provide them with or the more that they get from us to use afterwards, then the more I would charge – which I believe is only fair.
And that’s basically how I go about it these days – as times have changed and most of my clients now just seem to want ‘some images to use’ – rather than specific images to use for a specific ad – which is how it would have been back in the days of film, when I would have quoted a ‘day rate’.
Anyway, just thought I’d share this analogy – which is based on a real example – of how I put a price on what ‘we’ do – before any images have been created or produced, for others to use these days.
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