Useful Articles for the Business Owner
How to Select the Best Photography Business for You
You may have already started to make money from your photography, but if you are still just flirting with making it into a business there are some steps you should take to make your new business a success. Even though the field has been flooded by new photographers there are still ways to make money in the photography business.
While it has never been easier for amateurs to take their own photographs there are still many scenarios where a professional photographer with a great specialty emphasis can earn money.
One example is pet photography. These cute companions are sometimes tricky to photograph. With many people living alone and treating their pets like kids a person with an expertise in pets can make a great living offering in-home pet photography. Work with local veterinarians to provide them with free gift cards for their clients while adorning their walls with incredible pet photography. You should also get a release as part of the shoot so you can possible sell the images through stock or calendar agencies.
There are other possibilities, with the tee shirts and mugs, some people will want their own photographs on a tee shirt with perhaps their own caption, advertise these services locally through the means of small ads.
Many photographers believe that Wedding Photography is an excellent way to make money in photography. They are right, it is, but wedding photography is not an easy job and you need to be prepared. Insurance, liability, and overall technique is not something you want to simply ignore while packing your camera to head out to professionally photograph a wedding. I have prepared an ebook on this topic to help people prepare for this business.
Have some business cards printed, and go and cover local sporting events and contests, there is always someone without a camera, especially if they win, they will want a photograph. Or you may like to consider joining a local society, and advertising yourself as a photographer, there is nothing as effective as word of mouth advertising, all the money paid for advertisements cannot beat it!
Be aware of local activities that take place in your area that you can capitalize on. Graduations are an occasion when people wish to have a more formal record. The cost of graduating itself is so high that what is the cost of a formal portrait in comparison. Especially if you have a digital camera and have no film, you can almost use it in a speculative manner. In other words there are a lot of people together who constitute a market. If you photograph them all then the chances are that you will sell about 40% of your work. There is always someone who has a jammed camera, or in the wrong place, or even proud grandparents who do not possess a camera.
Not everyone lives down the Road from the Taj Mahal, or Gracelands, but many of you will live near a landmark that attracts photographers. Many people will have their cameras but they will not necessarily be digital. If you have a digital camera you should be able to show people a photograph they want in front of something. These photographs, though time consuming to start with, are a start on the photographic market ladder.
Join a photographic club, and talk to other photographers who are making money now. Not only will you make contacts, but you will have the opportunity to refine your techniques. Even in this digital age, it is vital that you keep abreast with technology,
If you have a digital camera, take it in your local nightclub, there is always one in any time, which are new and trendy, take photographs of the range of cocktails on offer. Attractive looking drink will sell better with a photograph, see if you can sell the photographs, or better still negotiate a price for new printed menus. Speak with other local businessmen and see if they can improve their marketing techniques with the use of photographs. A second hand car dealer can increase his business potential with the use of photographs.
Remember when you are starting to make money from photography that you may feel as though you will attract more market share if you sell your work cheaply. Before you take this strategy though, think about some of the implications. It will have a short-term increase that is for sure, but in the long term how many businesses and families want to hire the cheapest photographer in town. People know that they rarely get good quality for super cheap prices and photos,...well, they're special items to most people. Don't be too expensive but don't be cheap either!
Your technical ability is sufficient to represent your clients marketing in a visual statement, that requires more than point and shoot. Do not sell these skills short. You have to be aware of the hidden costs of doing business; all to often it is easy to absorb a little loss of profit, because it is only small. These costs can add up to a sizeable amount. Ask other local photographers price their market, this may seem a strange technique, but they have a vested interest in not letting a new comer under price their market.
Take into account your realistic overheads, that is the depreciation of your equipment, your insurances, legal fees, accountancy fees, repairs, travel time and costs, subscriptions, and possible rent, both of equipment and studio space. Educate your client explain to them what the higher technology costs, but also what it can offer them. All businesses have to be made more profitable, and it is difficult but not impossible to find a balance between the price you need to charge, and the price the customer will pay, the more the client understands new technology, the less likely they are to balk at paying for it. After all it is cheaper to ride a bike to work than invest in a new car, but who realistically wants to do it.
It is a good idea to sit down and write a business plan to define where you want to go and define your target audience. This is a good marketing strategy; it stops you wasting time effort and money, targeting areas that will provide you with little or no return.
About the Author
Publisher & author: Art Sprague - Art's Photography Has over 30 years of photographing weddings, families, and events of all kinds. He is currently working on a set of ebooks to help others enjoy the success he has had as a professional photography. As these books are completed they will be made available on various websites including Art's Book Store
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