Many talented photographers, especially those who are new to the business, have the same question about photography pricing and how to set the price for photo sessions? Although professional photographers find their way to answer this question, some of them set their prices too high or even too low.
Thus, it is very important to consider this question before your first professional photography deal. As a designer and photographer, I find the business aspect of my profession a silly one compared to the technical part, and I believe that many other photographers agree with me on this. But at the same time, I must admit that business skills and the ability to run your business is an essential part of your photography business.
Photography pricing depends on a few factors that you should be aware of before thinking of a suitable price for your work. Here are the most common factors that can help you price your photography work.
Consider your experience in pricing your photos
The first step to pricing your photography work is to know your experience level and compare it with your competitors. For example, if you are new to the photography business, it is a good idea to set your price lower than professional photographers who have larger profiles and many clients.
Setting a lower price at the beginning of your photography career can help you attract new clients and build a good profile. On the other hand, professional photographers who set their price too low give the impression to clients that they are not as qualified as they should be.
Analyze your client
It is very important to learn about your client and the photography project. Some clients are willing to pay a higher price if you can provide higher quality or special services. You can learn about your client through the previous projects. Also, you can learn about the project during the initial meeting and through your client’s requirements.
If you are not sure about the price by the end of the first meeting with the client, you can just learn about the requirements and reply to him later with the photography pricing estimate via a follow-up email or phone call.
Estimate the project’s cost
In order to set the price for a photography project, you have to calculate the project’s cost. As a photographer, the costs can be travel tickets, the equipment, or hiring an assistant. I usually have a list of these items to help me calculate the final project costs.
Your hourly rate
The time you plan to spend on the project can be the major cost in setting the photography pricing, because you may need to spend time to travel to your client or have multiple photography sessions to get professional shots.
The total project cost is calculated by multiplying your hourly rate by the total number of hours you will spend on the project.
Based on the above, you can calculate the photography project’s costs using the following formula:
Project cost= cost+ (hourly rate * total project hours)
When you first start setting the project costs, you may find it hard to estimate the exact price, but do not worry about this. With time, you will be able to give a more accurate estimate for the next photography pricing ex