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Business Course Two | Photography Pricing & Product Design

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Q&A Discussions

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  1. Scott Madrigal

    Question regarding the business workshop section 201, (yes I know I was in the chair in the room but due to some family issues photography has been on a back burner.) 

    Here’s my question…

    The MPC makes total sense from a standpoint of calculating your package price based on your labor hour costs, but how do you factor in your CODB and your COGS into your a la cart and your package pricing?

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  2. Matt Chesebrough

    Thanks so much for all the insight you are sharing in these courses. You’ve opened my eyes to what I need to be doing as a small business owner. At first, I found starting the business to be quite overwhelming, but through these courses, I’m developing more confidence and affinity for the business of photography. 

    From a teaching standpoint, Pye, you kill it! Your breakdowns are on point. I appreciate the bulleted lists and points of emphasis you highlight in your text. I can’t wait to get started on Courses 3 and 4. Thanks so much. Take care.

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  3. Nic Hilton

    Okay I get it it now! Thank you. Loving the course

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  4. 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. 

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Business Course Two | Photography Pricing & Product Design