When it comes to wedding photographers, I think we have it a little easier. People are still getting married. Most of those people still want photographs of their wedding day. Now it is just a matter of finding the clients that want to work with you.
I came across this great post today - What Photographers Can Learn From Apple over on Photofocus, and it says everything I've been trying to say for the past few months.
You can't compete on cheap. You have to compete on quality if you want to get ahead.
The post is full of examples, but it really hit home when I read about the part about how the people selling $200 computers have to sell six times more machines to equal one $1200 Apple computer. Which photographer do you want to be? The one that has to sell 6 jobs? Or the one that has to sell 1?
If you price for profit and give your clients the best quality and service you possibly can, you will survive this time. Matter of fact, if you're like Apple, you might be better off than ever before. Apple just had one of its best non-holiday quarters ever, in one of the worst economies ever.
People still have money. They are still spending their money. Stay steady and you will ride out this storm.
"If you’re trying to sell your photography consider running your operation the way Apple does. Sell only the best stuff. Sell only the stuff that people really want. Sell it for a fair but high-margin price so you can make a living and attract the right clients." - Photofocus.
(You might want to take a moment to read this fabulous post on the Psychology of Pricing that Anne wrote. It will give you lots to think about! Anne's amazingly helpful Formulas for Pricing Products & Services is something you should look at as well.)
Christine Tremoulet is a Houston, Texas Hot Mama Boudoir photographer and wants you to have a Business of Awesome. She also runs Wholly Matrimony, a destination wedding blog. She is a creative geek, having blogged since 2000 at BigPinkCookie. When she isn't taking photos or knitting, she is busy devouring all the info related to Marketing & Social Media and its powers that she can find online. Follow her on Twitter.