Comments on: How Often Should You Raise Your Rates? https://daredreamer.com/how-often-should-you-raise-your-rates/ The Sites & Sounds of Creative Expression Mon, 01 Aug 2011 13:03:25 +0000 hourly 1 https://wordpress.org/?v=6.4.1 By: Hasta La Vista Baby (Until September) « The Art & Business of Filmmaking & Photography https://daredreamer.com/how-often-should-you-raise-your-rates/#comment-4566 Mon, 01 Aug 2011 13:03:25 +0000 http://bladeronner.com/?p=3990#comment-4566 […] How often should you raise your rates? […]

]]> By: Ron Dawson https://daredreamer.com/how-often-should-you-raise-your-rates/#comment-4565 Thu, 02 Jun 2011 14:19:33 +0000 http://bladeronner.com/?p=3990#comment-4565 In reply to JJ kim.

Thanks for sharing JJ. It’s always helpful and inspiring to see how other successful studios do it.

]]> By: JJ kim https://daredreamer.com/how-often-should-you-raise-your-rates/#comment-4564 Thu, 02 Jun 2011 14:14:33 +0000 http://bladeronner.com/?p=3990#comment-4564 I usually don’t talk about my rate and how I have been doing, but because Ron shares so much, I will share some of my way.
When I started my biz, I set my goal for 25% rais every quarte.my very first year, I set my goal as 16 weddings booked for a whole year which makes about 4 weddings pet quarter. I decided to raise my rate by 25% if I book 4 or more wedding per quarter. If I booke like 6 weddings in less than month, I would raise it right away instead of waiting for end of quarter. 25% didn’t seem much when my rate was low and it worked for me.
I still use the same strategy these days. So I raised more than double my first year, then came to my comfortable zone beginning of this year.
Just something that worked for me. Slightly mixed method of what Rod wrote, I guess

]]> By: Ron Dawson https://daredreamer.com/how-often-should-you-raise-your-rates/#comment-4563 Tue, 31 May 2011 21:26:30 +0000 http://bladeronner.com/?p=3990#comment-4563 In reply to Stephanie.

So glad you found it helpful Stephanie. Means a lot to me when all the hard work really helps folks.

]]> By: Stephanie https://daredreamer.com/how-often-should-you-raise-your-rates/#comment-4562 Tue, 31 May 2011 21:20:35 +0000 http://bladeronner.com/?p=3990#comment-4562 In reply to Kelly Cicero.

I am loving all this wonderful advice! Kelly, I especially appreciate your comment…

With two small boys, I remind myself that this time spent working is time away from them. It is easier to stay true to your pricing if you value your time outside of work as much as the time spent “on the clock”.

Thank you Ron! You always have wonderful insight and I really appreciate your willingness to share!

]]> By: Strategies for Offering Low-End Commercial Services « The Art & Business of Filmmaking & Photography https://daredreamer.com/how-often-should-you-raise-your-rates/#comment-4561 Tue, 31 May 2011 13:02:30 +0000 http://bladeronner.com/?p=3990#comment-4561 […] and NewHow to Go About Setting Your RatesRay Roman and the Very Different Promo Concept FilmHow Often Should You Raise Your Rates?About MeRay Roman – From Drug-Busting Cop to Award-Winning Wedding […]

]]> By: Kelly Cicero https://daredreamer.com/how-often-should-you-raise-your-rates/#comment-4560 Sat, 28 May 2011 19:53:50 +0000 http://bladeronner.com/?p=3990#comment-4560 Thanks for the ideas, Ron. One of the biggest things I’ve learned over the years is to stop myself from talking when I am about to give away stuff that I have to put in extra time to produce. Just stop talking. Sounds simple but it’s hard at first. It takes practice, but it gets easier over time. Believe in your work, know what your goal is and move towards it. With two small boys, I remind myself that this time spent working is time away from them. It is easier to stay true to your pricing if you value your time outside of work as much as the time spent “on the clock”.

]]> By: Ron Dawson https://daredreamer.com/how-often-should-you-raise-your-rates/#comment-4559 Sat, 28 May 2011 14:28:21 +0000 http://bladeronner.com/?p=3990#comment-4559 In reply to Stephanie Wales.

Thanks for the comment Stephanie. If you are consistently booking clients, it may be time to raise your rates. 🙂

]]> By: Stephanie Wales https://daredreamer.com/how-often-should-you-raise-your-rates/#comment-4558 Sat, 28 May 2011 12:09:10 +0000 http://bladeronner.com/?p=3990#comment-4558 Great article and comments! I raised my rates to a point last season where I can pretty consistently book the types if Clients I want. This way I can be more selective based on venue, fit, etc. I’m not forced to book every prospect because they’re willing to pay my rates, which are high for my area. However booking 20 weddings a season IS a far different model from booking 40 as mentioned, and it is not for weak stomachs. 🙂
I really liked the advice about not comparing yourself to others; unless they are doing the EXACT same thing you are and charging exactly the same, you can’t and shouldn’t compare.
Do your own thing: if it works for you keep it up!

]]> By: meg simone https://daredreamer.com/how-often-should-you-raise-your-rates/#comment-4557 Sat, 28 May 2011 11:53:45 +0000 http://bladeronner.com/?p=3990#comment-4557 I’m with Andrew – I always like to have a few tricks in my back pocket to go the extra mile in the end. Under promise and over deliver 🙂

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