It is so hard, when you start out there in the world of freelance to price yourself. In 2004, when I graduated from RISD I wanted to jump into working as a full time freelancer. Forget about interning and assisting, why would I want to give away myself like that? Well, a very good reason to do it is there is a lot more to freelance photography than taking pictures. I wish it wasn’t so, I do. But unfortunately it is the way of the world. You need to learn the biz and one piece of advice no photographer is going to give away is how much they charge. But through assisting and interning a photographer will let you inside their secret world of business.
So you get that phone call, someone wants to hire you and wants a quote. It’s a job you are crazy excited to do, and to be honest, you would do it for free just because you are that excited. But that is the #1 mistake you can make! If you don’t put a value on your work, no one else will. So you know better, you know if you offer your services for free and are hoping the client will be excited and think ‘what an amazing person to work with, they’ll do it for free!! I’ll always work with them!’. When really, a serious client is thinking, ‘oops, free? Hmm.. I thought this photographer was really amazing and now I’m not sure. Why would they be doing this for free? What do they know that I don’t’ or ‘oh! I guess this photographer isn’t as experienced as I was hoping. I don’t want to take a risk like that with this shoot.’
Yet even giving a client pricing that is way off market will also leave them thinking your not experienced and can scare them away.
I know how it is in the beginning. Your hungry! You want to have these jobs because it will be building your book and getting you on the right track towards doing this full time. In the words of experience with this, don’t do it! There are many different types of clients out there, and in the same way there are all kinds of levels of photographers. Working with the wrong type of client, especially in the beginning can throw off your whole business plan and mean you end up doing damage control for years!
Friends of mine often get in touch with me because someone wants them to do a HUGE job for them and they are asked to give them a quote. I remind them, it’s not very many times you quote someone and they take it without any problems. A lot of people, especially in 2009 are looking to cut corners but still get everything done. Always, if you hear your client sounding disappointed in the quote see if there is a way to make it work for both of you.
On the flip side of that, there are people who are way off base with the value of photography today. I had one guy want to buy some images from me, license them for 2 years to use in international and domestic adds, make prints of them, etc. He said he was looking for full usage for 2 years, exclusively. It was for quite a few images and I had not been asked for this kind of usage. I looked at stock sites and did a lot of research to find out what the value of these images would be. It was a high number, and I knew he wouldn’t pay it. But that is what the images would make if I sold these rights through those stock sites with that usage. We sat down, had a meeting. I gave him my number and he said he was thinking $100 for the images with those terms. There was no way to negotiate because the prices were so far away from each other. I walked away from that meeting, quickly!
This is a client you don’t want. This is the kind of client that hasn’t made any decisions about what he wants to use the images for/in and just wants to have all options available to him, but also has no idea of the value of an image. You can’t work with a client like this. I never could have given him the images for $100. If I had, it would have been unfair to all of my other clients who are loyal to me and agree to pay fair prices. Other opportunities for those images have come along and they have made me money. Much more than what he was looking to spend. A lot of people intentionally take advantage of younger professionals and despite my age, I look young and have a surprisingly established business for being under 30.
So before you give your quote, look everywhere for rates. Even if it’s the strangers places, like a reputable stock site with the licensing and usage plugged in. But don’t undercut yourself! And be careful how you quote! Again, interning and assisting full time with an established photographer is a great way to hear how they negotiate and handle rates!