There’s nothing wrong with making a deal when both parties mutually benefit.
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- 1.1 Business Course Two | Photography Pricing & Product Design
- 1.2 What Is Your Product?
- 1.3 Luxury Vs. Consumer Products/Experiences
- 1.4 Econ 101: Elasticity Vs. Inelasticity
- 1.5 Aiming For A Luxury Experience
- 1.6 Your Clarified Message
- 1.7 Brand Message Case Studies
- 2.1 What's In A Name?
- 2.2 Your Client "Why"
- 2.3 Crafting The "Why" Experience
- 2.4 Document The Client Experience
- 3.1 Register Domains And Social Media Accounts
- 3.2 Create The Logo And Branding
- 3.3 Your Website's Landing Page
- 3.4 Your Portfolio Design
- 3.5 Dude, Where's Your Blog?
- 4.1 Pricing Fears & Myths
- 4.2 Designing Your Services/Packages
- 4.3 Three Pricing Methods
- 4.4 Package Pricing Psychology and Design
- 4.5 Psychology of Numbers
- 4.6 Good, Better, Best, or Vice-Versa
- 4.7 Build a Simple Pricing Guide
- 4.8 The Biggest Mistake You’ll Make
- 4.9 Deals and the Minimum Pricing Calculator
Total Course Run Time 7H 13M 14S
Course Progression
Tutorials Completed 0 / 25
Quizzes Completed 0 / 0
Assignment Completed 0 / 0
Q&A Discussions
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Nic Hilton
Okay I get it it now! Thank you. Loving the course
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Nic Hilton
I have a question for that minimum pricing calculator.
Say you want to pay yourself 50 dollars an hour for a 3500 dollar wedding. After you enter in the info into the MPC, it says its too low, even though you may still be left with a 1500 dollar margin. I’m confused because you still made the money, the business still profited, but it says too low? Is that too low for a deal? or is it trying to show me that I am still making a 1500 dollar margin?
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Pye Jirsa
Nic, it’s based upon the margin that you can customize. The only reason it’s returning “too low” is because the margin percentage is higher than the final $1500 left over. Adjust your desired margin based on your experience and current goals, it comes with the numbers that we’ve set up for our studio.
| Login to Reply |
-
Okay I get it it now! Thank you. Loving the course
I have a question for that minimum pricing calculator.
Say you want to pay yourself 50 dollars an hour for a 3500 dollar wedding. After you enter in the info into the MPC, it says its too low, even though you may still be left with a 1500 dollar margin. I’m confused because you still made the money, the business still profited, but it says too low? Is that too low for a deal? or is it trying to show me that I am still making a 1500 dollar margin?
Nic, it’s based upon the margin that you can customize. The only reason it’s returning “too low” is because the margin percentage is higher than the final $1500 left over. Adjust your desired margin based on your experience and current goals, it comes with the numbers that we’ve set up for our studio.