Tuesday, September 14, 2010

Hilary Wardhauph – Wedding photographer

Hilary Wardhauph – Wedding photographer

Hilary is an AIPP master photographer & proud of it. She uses its logo attached to her name logo as marketing.

Pre-photography Hilary was a radiographer. She gave it up & started her own business in 1998. It was v slow at first. Her marketing strategy was a biggish ad in the yellow pages; made herself a logo in black silver & white.

While going through the CIT she held 2 exhibitions – one on environmental portraits & one on 30-something women. After she was qualified she promoted herself through journalists (she had previously worked at the Canberra Times for a short time). There was a new classy magazine in Canberra called Capital Magazine. She introduced a weddings section into the journal. She also competed in the AIPP competitions & won lots of times. This was good for the confidence & good for marketing & networking. Later she had other exhibitions including one with Lindy Holly.

She set herself up with a website which was simple to navigate & the yellow pages contained that address. She also made some cards – nice standing type ones – done at Temcoau.com.

Hilary concentrates on Weddings and portraits. She started with lots of portraits – 40-50 per year, but found that too much. She then reduced to no more that 20 & did more portraits.

Wedding & portraits pay differently. With weddings, they pay a big deposit up front & the rest a month pre wedding. With portraits, Hilary charges $150 for taking the photos then earns more when they order prints.

Fixed Expenses:

Some expenses are incurred week=in week out. These are fixed expenses such as:

Advertising – spends 10% of gross turn over

Equipment

Rent an office

Car

Insurance

Staff

Admin

Accounting bookkeeper (she pays $55 /hr at home)

Communication/phone

Electricity

Professional subscription/education

Legal

Postage/freight/cartage

Job Expenses:

Printing/lab costs

Framing

Albums, books

CDs

Wages

After all of this there is profit. H pays her self $1000/month

She needs to earn $1500pw.

She takes Sun & Mon off & 8 weeks during the school holidays

Total Expenses:

Per year - $100,000 (with 8 weeks off pa)

Per month - $10,000

Per week - $2,500

Per day $500

Per hour $60

This is whether working or not!

She aims for a profit of at lease twice the fixed overheads to cover actual job costs as well (ie albums, prints etc) ( nulab – I think_ $4 for 8x10” print)

DVDs – Hilary chooses Not to give all the full res images to clients so she charges high for this:

$8200 if nothing ordered like albums, prints. BUT if a wedding was about $7500, then she would just charge about $350.

For portraits she would charge $4000 for hi res DVD

Job costs should not exceed 10-15% of total costs of job.

MUST HAVE:

Website

Blog facebook

Visual email

In person portfolio showing

In person networking oppertunities

Social online networking

Adv budget should be ~8-10% gross TO

Quote:

Rather than have a package deals, H just itemises her products.

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