Artwork for podcast Take It Personally
#146 How I Doubled My Prices and Stayed Booked
Episode 14610th October 2024 • Take It Personally • Maddie Peschong
00:00:00 00:14:54

Share Episode

Shownotes

In 2022, I doubled my photography prices. I was booking out a few months and knew I wanted to be able to elevate the client experience, so I ripped the bandaid off.

In this episode, I'm sharing how I doubled my prices and tips for elevating your business and still attracting dream clients.

Episode Highlights:

00:00 Upcoming Masterclass Info

003:28 Doubling Photography Prices

06:23 Mindset Shift for Higher Pricing

08:40 Positioning as a High-End Photographer

10:31 Enhancing Client Experience

12:10 Success Stories

CONNECT WITH MADDIE:

Instagram

Website

LINKS:

I'm hosting a live masterclass, Three Secrets to Booking Brand Photography Clients, on October 17th at 12pm Central. Sign up here! (Replay available if signed up)

Full Show Notes

Transcripts

Speaker:

MacBook Pro Microphone: On October

17th at noon central, I am hosting

2

:

a free live brand new masterclass

called the three secrets to

3

:

booking brand photography clients.

4

:

Whether you are booking your first

brand photography client or your

5

:

next brand photography client.

6

:

If you currently do not have leads

coming in every single day, every

7

:

single week for brand photography,

and you want those leads, you want to

8

:

be booking brand photography clients.

9

:

You need to come to this masterclass,

it's going to be about 90 minutes.

10

:

I'm going to go through the

training and I'm also going to

11

:

leave plenty of time for Q and a.

12

:

So you can ask any questions

that you might have.

13

:

On how we can be getting these

brand photography clients.

14

:

And I will be there with you every step of

the way to answer all of your questions.

15

:

At the end of this masterclass doors will

be open for my group coaching program.

16

:

Rebrand rebrand is now a

12 month group program.

17

:

That means you're going to come into

the program within the first 90 days.

18

:

We're going to get you your first

four figure session or your next four

19

:

figure session for brand photography.

20

:

And then you have the remaining however

many months that is nine months.

21

:

You have the remaining nine months.

22

:

To be in this community, be supported.

23

:

Learn how to take your brand

photography business to the next level.

24

:

Historically rebrand

has been 12 weeks long.

25

:

And my clients get amazing

results in 12 weeks.

26

:

It takes the average student 74 days to

charge four figures for brand photography.

27

:

But I was noticing that I want

to be there for you longer.

28

:

I want to be able to not just help

you hit that first four figure

29

:

session I want to help you do.

30

:

I want to help you book a five figure

session and I want to help you.

31

:

Create a six figure brand

photography business.

32

:

Reruns moving to a 12 month community

is going to allow me to do that.

33

:

And I am so excited for it.

34

:

So you're going to want

to be in this masterclass.

35

:

You can go to Maddie.

36

:

sean.com/masterclass to register.

37

:

I'm going to send you the link and I

will also be sending out the replay after

38

:

if you can't make it live, but you have

to register in order to get the link.

39

:

And in order to get the replay.

40

:

Okay.

41

:

Onto the episode.

42

:

You're listening to Take It Personally,

a podcast for photographers about

43

:

the personal side of business

and the art of standing out.

44

:

Here I'll help you build a business

and a brand that is uniquely you.

45

:

If you want to attract dream

clients and stop looking at the

46

:

competition to decide your next move.

47

:

If you are ready to show up as a

confident branding authority to help

48

:

you serve your clients and consider

your goals and priorities too.

49

:

If you want to make your mark in a

new underserved niche of photography,

50

:

then this is the place for you.

51

:

I'm your host, Maddie Pachon, South

Dakota brand photographer and educator.

52

:

I'm a straight shooting, Instagram

obsessed, Diehard Swifty who has

53

:

built a multi six figure business

on the back of brand photography

54

:

all while raising a family.

55

:

And I know you can do the same.

56

:

Let's get ready to take it personally.

57

:

MacBook Pro Microphone: In 2022,

I doubled my photography prices.

58

:

I raised my prices by 100%.

59

:

I had been shooting brand

sessions comfortably for

60

:

about a thousand to $1,500.

61

:

And now I did not start doing that.

62

:

The first sessions that

I booked were about $350.

63

:

But I did that, uh, using a portfolio

building process that I now teach.

64

:

And so after I shot those initial

$350 brand sessions, I pretty

65

:

quickly raised my price to $800.

66

:

And then I just kept phrasing it.

67

:

And when I hit about 1200 to

$1,500, I was feeling really good.

68

:

To be honest with you.

69

:

I didn't really feel like.

70

:

I needed to raise it much beyond that.

71

:

I was kind of like, cool.

72

:

I've arrived.

73

:

Four figures.

74

:

It was great.

75

:

But then, because I was working

on developing my personal brand

76

:

and my reputation was growing

and people were talking about me

77

:

and referring me all good things.

78

:

I was booking well in advance.

79

:

Like we're talking three,

four months in advance.

80

:

And when that happens, it is a signal.

81

:

That something needs to change

because my clients didn't necessarily

82

:

want to wait four months or

six months for a photo shoot.

83

:

It was nice to be booked in advance,

but I wanted to be able to get

84

:

people on my calendar sooner.

85

:

So this Toby.

86

:

Something needed to shift.

87

:

And it was probably my pricing.

88

:

I had also been working on my

client experience and I wanted to

89

:

spend more time with each client.

90

:

I wanted them.

91

:

To see me, not just as a photographer,

but almost like a full production house.

92

:

I wanted to be able to help them, not

just with photography, but with getting

93

:

the models and doing the timeline and.

94

:

Helping with any props or saying, and I

wasn't going to be able to do that unless

95

:

I had more time to spend with my client.

96

:

And if I wanted to spend with my client.

97

:

I needed to be making more with

every client that I was booking.

98

:

So even though I thought that I would be

really comfortable at that four figure,

99

:

mark, it became pretty clear in 2022.

100

:

That, that actually was not going to work.

101

:

And I decided that instead of just raising

my price a hundred dollars here and a

102

:

hundred dollars there, like I had done

in the past, which is a great method.

103

:

And I like it a lot.

104

:

I decided to just rip the bandaid off.

105

:

I was like, you know what?

106

:

I could probably be taking half the amount

of clients that I am currently taking,

107

:

and I probably should move toward that.

108

:

I have young children.

109

:

I have found over the years that I am not

a high volume photographer shooting, fewer

110

:

sessions does just work better for me.

111

:

So I was like, whatever, we're

going to rip the bandaid off.

112

:

I'm going to double my prices.

113

:

So here is how I did that.

114

:

These are the three things

that I worked on in order to

115

:

be able to double my prices.

116

:

The first thing is that

I worked on my mindset.

117

:

I know that if you're like me, You know,

a few years ago, you hate this answer.

118

:

But it was probably the biggest thing.

119

:

And the first thing that I had to address.

120

:

Because again, once I crossed

that four figure, mark, I had

121

:

this idea in my head, I think.

122

:

I for so long, wanted to charge four

figures for any sort of session that

123

:

wasn't a wedding that once I did

it, I was like, oh my God, I did it.

124

:

I've arrived.

125

:

I am here.

126

:

And we're done now.

127

:

That is not how it goes.

128

:

You have to constantly navigate what

it looks like to raise your prices,

129

:

whether you're just giving yourself

a raise you're over a year, whether

130

:

you are increasing your prices,

because your costs have increased.

131

:

You can't just set it and forget

it when it comes to your price.

132

:

It's ever evolving, but at the

time I didn't really realize that

133

:

I was like, oh, four figures.

134

:

Okay, cool.

135

:

We're good.

136

:

Now.

137

:

And that was not the case.

138

:

So that was the first

thing that I had to do.

139

:

I had to really talk myself through.

140

:

Okay.

141

:

What does it mean to be a brand

photographer who charges $2,500 starting.

142

:

What does it mean to be twice the

price of any other brand photographer

143

:

in town and not have a team.

144

:

I want my clients to see me as this

production house and I was doing

145

:

a lot of those things for them.

146

:

I still do, but I am a team of one.

147

:

I will loop in partners

as I need, but it's me.

148

:

And I'm charging starting $2,500.

149

:

I had to work through those thoughts

because honestly, the idea of charging

150

:

anything over $1,500, it made my

skin crawl, even though I knew.

151

:

It was where I needed to be headed.

152

:

This is a good problem to have, but it

can still be a problem if you're not

153

:

working on the mindset part of pricing.

154

:

As you improve your client experience.

155

:

And as you serve your clients

better and better, you're going

156

:

to have more people referring you.

157

:

Your reputation is going to grow.

158

:

You're going to get more and more people

who say, Hey, I want to work with you.

159

:

And only you, I'm not

looking at any other options.

160

:

I'm not interested in your referral.

161

:

You're going to get that more and more,

and it can be a really good thing, but

162

:

it also means that you have to constantly

be thinking about the issue of pricing.

163

:

And if you're not working on your mindset

alongside that it can be really draining.

164

:

So that was the first

thing that I worked on.

165

:

The second thing is I positioned myself

as a high end brand photographer.

166

:

And I struggle even saying that

because I think in the world of

167

:

online business, you hear a lot of

like, high-end photographer, luxury

168

:

photographer, that sort of thing.

169

:

And I kind of roll my eyes when

people refer to themselves as that,

170

:

because in my opinion, it is a.

171

:

Show me don't tell me, you know?

172

:

The reason that I say this, I positioned

myself as a high end brand photographer.

173

:

Is because I want to really point out

that I did this in a way where I wasn't

174

:

just saying I am a high-end brand

photographer because that's not enough.

175

:

It's not enough to call yourself luxury.

176

:

It's not enough to call yourself high end.

177

:

You have to walk the walk.

178

:

So for me, this involved working

on my own personal brand, it

179

:

involved hiring some help.

180

:

I hired a brand designer who helped me

update my brand and update my website.

181

:

We did a full website redesign.

182

:

That was quite a large investment for me.

183

:

This was also when I started getting more

serious about getting my own photos done

184

:

and realizing that this was something

that I was going to have to revisit.

185

:

Every year or multiple times a

year to make sure that I was really

186

:

putting my best foot forward and

presenting myself in a way that.

187

:

My clients could learn to trust me and

that they would want to work with me.

188

:

Branding is one of those things that is

more of a feeling than it is something

189

:

that you can like point to or touch.

190

:

And that was what I wanted to convey.

191

:

I wanted people to be able to look at

my work and look at my brand and the way

192

:

that I presented myself and know that

I was high end without having to have

193

:

that, like slapped all over my website.

194

:

Cause I I'm not, I wasn't interested

in doing that and I'm still

195

:

not interested in doing that.

196

:

The last thing that I worked

on to be able to double my

197

:

prices and still remain booked.

198

:

Was focused on my client experience.

199

:

Now this is separate from positioning

myself as a high-end brand photographer,

200

:

but the two really go hand in hand

because a stellar client experience

201

:

is also how you get the reputation of

being a high-end brand photographer.

202

:

A high-end brand

photographer is high touch.

203

:

They communicate well.

204

:

They answered their client's questions

before their clients even ask them.

205

:

They are constantly

surprising and delighting.

206

:

They are simplifying things.

207

:

So things are easier for their client

that all happens in the client experience.

208

:

My goal at every shoe is to make it so

good that my clients can't help, but talk

209

:

about me to their business on our friends.

210

:

As photographers, we do so much work to

get the client, but we honestly could

211

:

use some improvement when it comes to

getting clients to rave review and refer.

212

:

We kind of dropped the ball in that area.

213

:

And when you have a really solid

client experience, your current clients

214

:

can help you get your next client.

215

:

So it's a really detrimental

mistake to be making that.

216

:

I see all too often.

217

:

And I have struggled with this too.

218

:

I have had seasons of life where I'm not

delivering photos as quickly as I should

219

:

be, or I am lacking in communication.

220

:

I miss an email or I forget to send an

email, like stuff like that happens,

221

:

but being able to pick yourself back

up to apologize, to own your mistakes

222

:

and to promise yourself that that's

not going to happen again, that you're

223

:

going to learn from it and make sure

that every experience is consistent and.

224

:

Consistent and also better than the last,

like that's what you need to be doing.

225

:

With every single client.

226

:

That is a luxury experience.

227

:

I hear so often from my photography

clients, that brand clients are

228

:

not willing to pay for figures.

229

:

They're not willing to pay a

thousand dollars or $3,000 or $5,000.

230

:

But these clients do exist.

231

:

I improve my clients are proof.

232

:

I have a client who just this week

in the last, not even four months

233

:

that she has been inside rebrand.

234

:

It's four months at the end of October.

235

:

She has made over $30,000 with

Brenton photography services.

236

:

That's headshots that's

personal brand sessions.

237

:

That's commercial sessions, $30,000.

238

:

Just about every session that she

has been submitting has been four

239

:

figures or like mid four figures.

240

:

Like she's doing such an insane.

241

:

Job.

242

:

And she's based in Iowa.

243

:

Like she's not in LA,

she's not in New York.

244

:

She is near a large city, but she

is in Iowa and she continues to

245

:

get these incredible clients who

are willing to pay her prices.

246

:

And it's because of the focus on these

three things, your positioning, your

247

:

marketing and your client experience.

248

:

And this is exactly what I'm going

to be going over on October 17th

249

:

at noon central in this live.

250

:

I've masterclass called the three secrets

to booking brand photography clients.

251

:

These are the three things that you

need to understand about your brand

252

:

and how you can set yourself up for

success to be able to be booking B's

253

:

four figure plus clients, because if

you are not visible and reputable,

254

:

they are going to look right past you.

255

:

You can go to Maddie, push

on.com/masterclass to register.

256

:

And I will send out the replay

afterward, but you have to sign up.

257

:

See you there.

258

:

Thank you so much for listening

to Take It Personally.

259

:

If you haven't already, would you head

over to iTunes and leave us a review?

260

:

This is the best way to let other

photographers know about the show and

261

:

help keep us creating content you crave.

262

:

And if you want more tips and tools to

build your personal photography brand,

263

:

head over to my website, MaddiePichon.

264

:

com.

265

:

Here, you can access my downloadable

ultimate personal brand session shot

266

:

list to get your clients singing

your praises and browse my blog for

267

:

more trade secrets to help you hone

your craft and grow your business.

268

:

Love to learn while you

listen, visit MaddiePachon.

269

:

com and click on podcast for all things.

270

:

Take it personally.

271

:

From show notes to recent episodes

and incredible guest profiles.

272

:

Remember friend, the most important part

of any brand is the people behind it.

273

:

Branding and business is personal,

so let's take it personally.

Follow

Links

Chapters

Video

More from YouTube