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PRICING &
NEGOTIATING
For Commercial & Editorial Photographers


ASMP South Florida
Saturday, January 26, 2013

              Bill Cramer/CEO
Before we get started:	


             Thumb drives.	


                Handouts.	


             Ask questions.	


            Provide feedback.	


        Don’t be overwhelmed.	


I’m not going to tell you what to charge.	


              Who are you?
Before we get started:	


             Thumb drives.	


                Handouts.	


             Ask questions.	


            Provide feedback.	


        Don’t be overwhelmed.	


I’m not going to tell you what to charge.	


              Who are you?
Before we get started:	


             Thumb drives.	


                Handouts.	


          Please ask questions.	


            Provide feedback.	


        Don’t be overwhelmed.	


I’m not going to tell you what to charge.	


              Who are you?
Before we get started:	


             Thumb drives.	


                Handouts.	


          Please ask questions.	


            Provide feedback.	


        Don’t be overwhelmed.	


I’m not going to tell you what to charge.	


              Who are you?
Before we get started:	


             Thumb drives.	


                Handouts.	


          Please ask questions.	


            Provide feedback.	


        Don’t be overwhelmed.	


I’m not going to tell you what to charge.	


              Who are you?
Before we get started:	


             Thumb drives.	


                Handouts.	


          Please ask questions.	


            Provide feedback.	


        Don’t be overwhelmed.	


I’m not going to tell you what to charge.	


              Who are you?
Before we get started:	


             Thumb drives.	


                Handouts.	


          Please ask questions.	


            Provide feedback.	


        Don’t be overwhelmed.	


I’m not going to tell you what to charge.	


              Who are you?
A photograph has	

    no intrinsic value.	

So how do you quantify it?
Here’s	

   Copyright
            Why Do I Need A Contract?
 what	

    Terminology

 we’ll	

   Editorial Contracts

cover	

    Commercial Estimates
            Computing Fees
            Computing Expenses
            Questions
            Responding to “Any Way We Want”
            Negotiating Tips
            Case Studies
COPYRIGHT
▹  The right to reproduce or distribute an artistic work
COPYRIGHT
▹  The right to reproduce or distribute an artistic work
▹  You own the copyright as soon as you take a picture
COPYRIGHT
▹  The right to reproduce or distribute an artistic work
▹  You own the copyright as soon as you take a picture
▹  Commercial photographers don’t sell images, they license them
COPYRIGHT
▹  The right to reproduce or distribute an artistic work
▹  You own the copyright as soon as you take a picture
▹  Commercial photographers don’t sell images, they license them
▹  Client can only use your picture with a license
COPYRIGHT
▹  The right to reproduce or distribute an artistic work
▹  You own the copyright as soon as you take a picture
▹  Commercial photographers don’t sell images, they license them
▹  Client can only use your picture with a license
▹  This gives you tremendous negotiating leverage
COPYRIGHT
▹  The right to reproduce or distribute an artistic work
▹  You own the copyright as soon as you take a picture
▹  Commercial photographers don’t sell images, they license them
▹  Client can only use your picture with a license
▹  This gives you tremendous negotiating leverage
▹  Copyright Registration
WHY DO I NEED A CONTRACT?
▹    Too many variables
WHY DO I NEED A CONTRACT?
▹    Too many variables
▹    Everyone remembers conversations differently
WHY DO I NEED A CONTRACT?
▹    Too many variables
▹    Everyone remembers conversations differently
▹    You can’t assume your client operates the way you do
WHY DO I NEED A CONTRACT?
▹    Too many variables
▹    Everyone remembers conversations differently
▹    You can’t assume your client operates the way you do
▹    Without a contract, client has no rights, but they will assume they have all rights
WHY DO I NEED A CONTRACT?
▹    Too many variables
▹    Everyone remembers conversations differently
▹    You can’t assume your client operates the way you do
▹    Without a contract, client has no rights, but they will assume they have all rights
▹    Get it in writing, before the shoot
WHY DO I NEED A CONTRACT?
▹    Too many variables
▹    Everyone remembers conversations differently
▹    You can’t assume your client operates the way you do
▹    Without a contract, client has no rights, but they will assume they have all rights
▹    Get it in writing, before the shoot
▹    Avoids conflicts
WHY DO I NEED A CONTRACT?
▹    Too many variables
▹    Everyone remembers conversations differently
▹    You can’t assume your client operates the way you do
▹    Without a contract, client has no rights, but they will assume they have all rights
▹    Get it in writing, before the shoot
▹    Avoids conflicts
▹    Makes your terms enforceable
WHY DO I NEED A CONTRACT?
▹    Too many variables
▹    Everyone remembers conversations differently
▹    You can’t assume your client operates the way you do
▹    Without a contract, client has no rights, but they will assume they have all rights
▹    Get it in writing, before the shoot
▹    Avoids conflicts
▹    Makes your terms enforceable
▹    You can do it!
get comfortable with:	

     ~terminology	

   ~writing contracts	

~negotiating with clients
TERMS: LICENSING AGREEMENT
TERMS: FEE + EXPENSES VS. FLAT FEE
▹    Photographers tend to underestimate shoot expenses
TERMS: ESTIMATE, BID, QUOTE
TERMS: COST OF DOING BUSINESS
▹    Fixed (overhead) expenses, variable (assignment) expenses
TERMS: COST OF DOING BUSINESS
▹    Fixed (overhead) expenses, variable (assignment) expenses
▹    Your cost of doing business should reflect your prices, not drive them
TERMS: COST OF DOING BUSINESS
▹    Fixed (overhead) expenses, variable (assignment) expenses
▹    Your cost of doing business should reflect your prices, not drive them
▹    Your overhead (whatever it is), is simply going to make you more
     competitive in some situations and less competitive in others
TERMS: LICENSING VS. USAGE
CHARGING FOR USAGE 
▹  Assignment fees are a function of time, usage and expertise
CHARGING FOR USAGE 
▹  Assignment fees are a function of time, usage and expertise
 ▹  TIME determines the minimum price (value to you)
CHARGING FOR USAGE 
▹  Assignment fees are a function of time, usage and expertise
 ▹  TIME determines the minimum price (value to you)
 ▹  USAGE determines the maximum price (value to the client)
CHARGING FOR USAGE 
▹  Assignment fees are a function of time, usage and expertise
 ▹  TIME determines the minimum price (value to you)
 ▹  USAGE determines the maximum price (value to the client)
 ▹  EXPERTISE gives you competitive advantage and negotiating leverage
CHARGING FOR USAGE 
▹  Assignment fees are a function of time, usage and expertise
 ▹  TIME determines the minimum price (value to you)
 ▹  USAGE determines the maximum price (value to the client)
 ▹  EXPERTISE gives you competitive advantage and negotiating leverage
 ▹  If you’re not charging for all three, you’re probably leaving money on the
    table
TERMS: TYPES OF USE 
▹    EDITORIAL
▹    COMMERCIAL
TERMS: TYPES OF USE 
▹    EDITORIAL
▹    COMMERCIAL
     ▹    Publicity

     ▹    Collateral

     ▹    Advertising
TERMS: TYPES OF USE 
▹    EDITORIAL
▹    COMMERCIAL
     ▹    Publicity – client gives photos to publications for editorial use

     ▹    Collateral

     ▹    Advertising
TERMS: TYPES OF USE 
▹    EDITORIAL
▹    COMMERCIAL
     ▹    Publicity – client gives photos to publications for editorial use

     ▹    Collateral – client produces and distributes a publication

     ▹    Advertising
TERMS: TYPES OF USE 
▹    EDITORIAL
▹    COMMERCIAL
     ▹    Publicity – client gives photos to publications for editorial use

     ▹    Collateral – client produces and distributes a publication

     ▹    Advertising – client pays to place photos in media
TERMS: MEDIA BUY
TERMS: SUB-CONTRACTOR VS. AGENT
ESTIMATES VS. CONTRACTS 
▹    Editorial clients tend to work with ongoing contracts
ESTIMATES VS. CONTRACTS 
▹    Editorial clients tend to work with ongoing contracts
▹    Commercial clients tend to want a separate estimate for each job
EDITORIAL CONTRACTS
▹    Yours or theirs?
EDITORIAL CONTRACTS
▹         Yours or theirs?
     ▹      Day rate vs. space
EDITORIAL CONTRACTS
▹         Yours or theirs?
     ▹      Day rate vs. space
     ▹      Flat fee plus expenses
EDITORIAL CONTRACTS
▹         Yours or theirs?
     ▹      Day rate vs. space
     ▹      Flat fee plus expenses
     ▹      Flat fee including expenses
EDITORIAL CONTRACTS
▹         Yours or theirs?
     ▹      Day rate vs. space
     ▹      Flat fee plus expenses
     ▹      Flat fee including expenses
▹         Normally for a period of time (avoid forever)
EDITORIAL CONTRACTS
▹         Yours or theirs?
     ▹      Day rate vs. space
     ▹      Flat fee plus expenses
     ▹      Flat fee including expenses
▹         Normally for a period of time (avoid forever)
▹         Sometimes just for one assignment at a time
COMMERCIAL ESTIMATES
▹    Proposal: estimate, terms & conditions, delivery memo
COMMERCIAL ESTIMATES
▹    Proposal: estimate, terms & conditions, delivery memo
▹    Price by the hour, by the day, by the image, by the project
COMMERCIAL ESTIMATES
▹    Proposal: estimate, terms & conditions, delivery memo
▹    Price by the hour, by the day, by the image, by the project
▹    Bundle usage with day rate or separate the two
COMMERCIAL ESTIMATES
▹    Proposal: estimate, terms & conditions, delivery memo
▹    Price by the hour, by the day, by the image, by the project
▹    Bundle usage with day rate or separate the two
▹    Itemize everything (at least to yourself)
COMMERCIAL ESTIMATES
▹    Proposal: estimate, terms & conditions, delivery memo
▹    Price by the hour, by the day, by the image, by the project
▹    Bundle usage with day rate or separate the two
▹    Itemize everything (at least to yourself)
▹    Specify items that the client is providing
COMMERCIAL ESTIMATES
▹    Proposal: estimate, terms & conditions, delivery memo
▹    Price by the hour, by the day, by the image, by the project
▹    Bundle usage with day rate or separate the two
▹    Itemize everything (at least to yourself)
▹    Specify items that the client is providing
▹    “Plus applicable sales tax”
COMMERCIAL ESTIMATES
▹    Proposal: estimate, terms & conditions, delivery memo
▹    Price by the hour, by the day, by the image, by the project
▹    Bundle usage with day rate or separate the two
▹    Itemize everything (at least to yourself)
▹    Specify items that the client is providing
▹    “Plus applicable sales tax”
▹    Use estimating software like BlinkBid or an invoicing application like Quickbooks
COMMERCIAL ESTIMATES
▹    Proposal: estimate, terms & conditions, delivery memo
▹    Price by the hour, by the day, by the image, by the project
▹    Bundle usage with day rate or separate the two
▹    Itemize everything (at least to yourself)
▹    Specify items that the client is providing
▹    “Plus applicable sales tax”
▹    Use estimating software like BlinkBid or an invoicing application like Quickbooks
▹    Send proposal as combined PDF with introductory email
COMMERCIAL ESTIMATES
▹    Proposal: estimate, terms & conditions, delivery memo
▹    Price by the hour, by the day, by the image, by the project
▹    Bundle usage with day rate or separate the two
▹    Itemize everything (at least to yourself)
▹    Specify items that the client is providing
▹    “Plus applicable sales tax”
▹    Use estimating software like BlinkBid or an invoicing application like Quickbooks
▹    Send proposal as combined PDF with introductory email
▹    Send treatment for big jobs, explaining your approach and capabilities
COMMERCIAL ESTIMATES
▹    Proposal: estimate, terms & conditions, delivery memo
▹    Price by the hour, by the day, by the image, by the project
▹    Bundle usage with day rate or separate the two
▹    Itemize everything (at least to yourself)
▹    Specify items that the client is providing
▹    “Plus applicable sales tax”
▹    Use estimating software like BlinkBid or an invoicing application like Quickbooks
▹    Send proposal as combined PDF with introductory email
▹    Send treatment for big jobs, explaining your approach and capabilities
▹    Review with a consultant, rep or friend
TREATMENT
▹  More detailed proposal for bigger commercial assignments
TREATMENT
▹  More detailed proposal for bigger commercial assignments
 ▹  Explains your skills, experience and client list
TREATMENT
▹  More detailed proposal for bigger commercial assignments
 ▹  Explains your skills, experience and client list
 ▹  Describes your technical and creative approach
TREATMENT
▹  More detailed proposal for bigger commercial assignments
 ▹  Explains your skills, experience and client list
 ▹  Describes your technical and creative approach
 ▹  Provides sample images and style references
TREATMENT
▹  More detailed proposal for bigger commercial assignments
 ▹  Explains your skills, experience and client list
 ▹  Describes your technical and creative approach
 ▹  Provides sample images and style references
 ▹  Summarizes production schedule
COMPUTING FEES 
▹    Time


▹    Usage




▹    Expertise
COMPUTING FEES 
▹         Time
     ▹      Pre-production, shoot, post-production
▹         Usage




▹         Expertise
COMPUTING FEES 
▹         Time
     ▹      Pre-production, shoot, post-production
▹         Usage
     ▹      Types of use - editorial, commercial (publicity, collateral, advertising)




▹         Expertise
COMPUTING FEES 
▹         Time
     ▹      Pre-production, shoot, post-production
▹         Usage
     ▹      Types of use - editorial, commercial (publicity, collateral, advertising)
     ▹      Prominence - number of pictures, size of pictures, placement, size of client




▹         Expertise
COMPUTING FEES 
▹         Time
     ▹      Pre-production, shoot, post-production
▹         Usage
     ▹      Types of use - editorial, commercial (publicity, collateral, advertising)
     ▹      Prominence - number of pictures, size of pictures, placement, size of client
     ▹      Duration - how long they will be used (one time, one year, forever)




▹         Expertise
COMPUTING FEES 
▹         Time
     ▹      Pre-production, shoot, post-production
▹         Usage
     ▹      Types of use - editorial, commercial (publicity, collateral, advertising)
     ▹      Prominence - number of pictures, size of pictures, placement, size of client
     ▹      Duration - how long they will be used (one time, one year, forever)
     ▹      Geography – where they will be distributed (local, regional, national, international)




▹         Expertise
COMPUTING FEES 
▹         Time
     ▹      Pre-production, shoot, post-production
▹         Usage
     ▹      Types of use - editorial, commercial (publicity, collateral, advertising)
     ▹      Prominence - number of pictures, size of pictures, placement, size of client
     ▹      Duration - how long they will be used (one time, one year, forever)
     ▹      Geography – where they will be distributed (local, regional, national, international)
     ▹      Volume - number of copies of publication, ad insertions




▹         Expertise
COMPUTING FEES 
▹         Time
     ▹      Pre-production, shoot, post-production
▹         Usage
     ▹      Types of use - editorial, commercial (publicity, collateral, advertising)
     ▹      Prominence - number of pictures, size of pictures, placement, size of client
     ▹      Duration - how long they will be used (one time, one year, forever)
     ▹      Geography – where they will be distributed (local, regional, national, international)
     ▹      Volume - number of copies of publication, ad insertions
     ▹      Exclusivity - how long before photographer can license the pictures to another client


▹         Expertise
COMPUTING FEES 
▹         Time
     ▹      Pre-production, shoot, post-production
▹         Usage
     ▹      Types of use - editorial, commercial (publicity, collateral, advertising)
     ▹      Prominence - number of pictures, size of pictures, placement, size of client
     ▹      Duration - how long they will be used (one time, one year, forever)
     ▹      Geography – where they will be distributed (local, regional, national, international)
     ▹      Volume - number of copies of publication, ad insertions
     ▹      Exclusivity - how long before photographer can license the pictures to another client
     ▹      Credit
▹         Expertise
COMPUTING FEES 
▹         Time
     ▹      Pre-production, shoot, post-production
▹         Usage
     ▹      Types of use - editorial, commercial (publicity, collateral, advertising)
     ▹      Prominence - number of pictures, size of pictures, placement, size of client
     ▹      Duration - how long they will be used (one time, one year, forever)
     ▹      Geography – where they will be distributed (local, regional, national, international)
     ▹      Volume - number of copies of publication, ad insertions
     ▹      Exclusivity - how long before photographer can license the pictures to another client
     ▹      Credit
▹         Expertise
     ▹      Technical, creative
COMPUTING FEES 
▹         Time
     ▹      Pre-production, shoot, post-production
▹         Usage
     ▹      Types of use - editorial, commercial (publicity, collateral, advertising)
     ▹      Prominence - number of pictures, size of pictures, placement, size of client
     ▹      Duration - how long they will be used (one time, one year, forever)
     ▹      Geography – where they will be distributed (local, regional, national, international)
     ▹      Volume - number of copies of publication, ad insertions
     ▹      Exclusivity - how long before photographer can license the pictures to another client
     ▹      Credit
▹         Expertise
     ▹      Technical, creative
     ▹      Connections, experience
COMPUTING FEES 
▹         Time
     ▹      Pre-production, shoot, post-production
▹         Usage
     ▹      Types of use - editorial, commercial (publicity, collateral, advertising)
     ▹      Prominence - number of pictures, size of pictures, placement, size of client
     ▹      Duration - how long they will be used (one time, one year, forever)
     ▹      Geography – where they will be distributed (local, regional, national, international)
     ▹      Volume - number of copies of publication, ad insertions
     ▹      Exclusivity - how long before photographer can license the pictures to another client
     ▹      Credit
▹         Expertise
     ▹      Technical, creative
     ▹      Connections, experience
     ▹      Uniqueness – how many other photographers could do this assignment?
COMPUTING FEES: RULES OF THUMB 
▹    Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use)
COMPUTING FEES: RULES OF THUMB 
▹    Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use)
▹    Internal Corporate and event photography: $150-200/hour plus expenses
        (publicity and internal collateral use forever)
COMPUTING FEES: RULES OF THUMB 
▹    Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use)
▹    Internal Corporate and event photography: $150-200/hour plus expenses
        (publicity and internal collateral use forever)
▹    External Corporate: $2500-3500/day plus expenses (for one year’s use)
COMPUTING FEES: RULES OF THUMB 
▹    Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use)
▹    Internal Corporate and event photography: $150-200/hour plus expenses
        (publicity and internal collateral use forever)
▹    External Corporate: $2500-3500/day plus expenses (for one year’s use)
▹    Catalog: $2500-3500/day plus expenses (use limited to that catalog)
COMPUTING FEES: RULES OF THUMB 
▹    Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use)
▹    Internal Corporate and event photography: $150-200/hour plus expenses
        (publicity and internal collateral use forever)
▹    External Corporate: $2500-3500/day plus expenses (for one year’s use)
▹    Catalog: $2500-3500/day plus expenses (use limited to that catalog)
▹    Advertising: $10,000/image plus expenses (1 year national advertising)
COMPUTING FEES: RULES OF THUMB 
▹    Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use)
▹    Internal Corporate and event photography: $150-200/hour plus expenses
        (publicity and internal collateral use forever)
▹    External Corporate: $2500-3500/day plus expenses (for one year’s use)
▹    Catalog: $2500-3500/day plus expenses (use limited to that catalog)
▹    Advertising: $10,000/image plus expenses (1 year national advertising)


▹    A rough starting point – extrapolate from from there
COMPUTING FEES: RULES OF THUMB 
▹    Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use)
▹    Internal Corporate and event photography: $150-200/hour plus expenses
        (publicity and internal collateral use forever)
▹    External Corporate: $2500-3500/day plus expenses (for one year’s use)
▹    Catalog: $2500-3500/day plus expenses (use limited to that catalog)
▹    Advertising: $10,000/image plus expenses (1 year national advertising)


▹    A rough starting point – extrapolate from from there
▹    Hero image, supporting image (advertising)
COMPUTING FEES: RULES OF THUMB 
▹    Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use)
▹    Internal Corporate and event photography: $150-200/hour plus expenses
        (publicity and internal collateral use forever)
▹    External Corporate: $2500-3500/day plus expenses (for one year’s use)
▹    Catalog: $2500-3500/day plus expenses (use limited to that catalog)
▹    Advertising: $10,000/image plus expenses (1 year national advertising)


▹    A rough starting point – extrapolate from from there
▹    Hero image, supporting image (advertising)
▹    Many factors will add upward or downward pressure on value
COMPUTING FEES: RULES OF THUMB 
▹    Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use)
▹    Internal Corporate and event photography: $150-200/hour plus expenses
        (publicity and internal collateral use forever)
▹    External Corporate: $2500-3500/day plus expenses (for one year’s use)
▹    Catalog: $2500-3500/day plus expenses (use limited to that catalog)
▹    Advertising: $10,000/image plus expenses (1 year national advertising)


▹    A rough starting point – extrapolate from from there
▹    Hero image, supporting image (advertising)
▹    Many factors will add upward or downward pressure on value
▹    Every situation is unique (photographer, client, shoot) prices can vary wildly
COMPUTING FEES: SCALING 
   Ad shoot        National




   1 year          $10,000
COMPUTING FEES: SCALING 
   Ad shoot        National




   1 year          $10,000


   2 years
COMPUTING FEES: SCALING 
   Ad shoot        National




   1 year          $10,000


   2 years         $15,000
COMPUTING FEES: SCALING 
   Ad shoot        National


   6 months        $7000


   1 year          $10,000


   2 years         $15,000
COMPUTING FEES: SCALING 
   Ad shoot        National   International


   6 months        $7000


   1 year          $10,000


   2 years         $15,000
COMPUTING FEES: SCALING 
   Ad shoot        National   International


   6 months        $7000        $14,000


   1 year          $10,000      $20,000


   2 years         $15,000      $30,000
COMPUTING FEES: SCALING 
   Ad shoot   Regional   National      International


   6 months   $3500          $7000           $14,000


   1 year     $5000          $10,000         $20,000


   2 years    $7500          $15,000         $30,000
COMPUTING FEES: SCALING 
       Ad shoot            Regional        National       International


       6 months            $3500                $7000           $14,000


       1 year              $5000                $10,000         $20,000


       2 years             $7500                $15,000         $30,000


Can also scale type of use, number of pictures, etc.
COMPUTING FEES: FOTOQUOTE
COMPUTING FEES: BLINKBID
COMPUTING FEES: GETTY & CORBIS
COMPUTING FEES:
ASSIGNMENT VS. STOCK PRICING 
▹  Stock pricing doesn’t always match assignment pricing
 ▹  Uniqueness, volume
COMPUTING FEES: PRINT VS. DIGITAL 
▹  Editorial: web and tablet typically included in base fee
COMPUTING FEES: PRINT VS. DIGITAL 
▹  Editorial: web and tablet typically included in base fee
▹  Commercial: still sorting out
COMPUTING FEES: PRINT VS. DIGITAL 
▹  Editorial: web and tablet typically included in base fee
▹  Commercial: still sorting out
   ▹  Case in point: Advertising in Time Magazine
COMPUTING FEES: PRINT VS. DIGITAL 
▹  Editorial: web and tablet typically included in base fee
▹  Commercial: still sorting out
   ▹  Case in point: Advertising in Time Magazine
     ▹  Print Version: full-page ad costs $170k (4m copies, 17m readers)
COMPUTING FEES: PRINT VS. DIGITAL 
▹  Editorial: web and tablet typically included in base fee
▹  Commercial: still sorting out
   ▹  Case in point: Advertising in Time Magazine
     ▹  Print Version: full-page ad costs $170k (4m copies, 17m readers)
     ▹  Website: $170k gets you 11m website impressions
COMPUTING FEES: PRINT VS. DIGITAL 
▹  Editorial: web and tablet typically included in base fee
▹  Commercial: still sorting out
   ▹  Case in point: Advertising in Time Magazine
     ▹  Print Version: full-page ad costs $170k (4m copies, 17m readers)
     ▹  Website: $170k gets you 11m website impressions
     ▹  Tablet: ads are no additional charge (audience only 25,000)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)      	

   	

   	

   	

	

Digital Fee (about 300.00 for a web gallery)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)	

Digital Fee (about 300.00 for a web gallery)	

Reproduction File Prep (25.00 – 50.00)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)	

Digital Fee (about 300.00 for a web gallery)	

Reproduction File Prep (25.00 – 50.00)	

Digital Tech (about 500.00/day + workstation)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)	

Digital Fee (about 300.00 for a web gallery)	

Reproduction File Prep (25.00 – 50.00)	

Digital Tech (about 500.00/day + workstation)	

Retouching (150.00 - 250.00/hour)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)      	

   	

   	

	

Digital Fee (about 300.00 for a web gallery) 	

          	

	

Reproduction File Prep (25.00 – 50.00) 	

       	

      	

	

Digital Tech (about 500.00/day + workstation)             	

	

Retouching (150.00 - 250.00/hour)	

       	

   	

      	

	

Producer (500.00 - 750.00/day)*
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)      	

   	

   	

      	

	

Digital Fee (about 300.00 for a web gallery) 	

          	

	

Reproduction File Prep (25.00 – 50.00) 	

       	

      	

	

Digital Tech (about 500.00/day + workstation)             	

	

Retouching (150.00 - 250.00/hour)	

       	

   	

	

Producer (500.00 - 750.00/day)*      	

   	

   	

      	

	

Hair/Make-Up (600.00 - 900.00/day)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)      	

   	

   	

   	

	

Digital Fee (about 300.00 for a web gallery) 	

       	

	

Reproduction File Prep (25.00 – 50.00) 	

       	

   	

	

Digital Tech (about 500.00/day + workstation)          	

	

Retouching (150.00 - 250.00/hour)	

       	

   	

   	

	

Producer (500.00 - 750.00/day)*      	

   	

   	

   	

	

Hair/Make-Up (600.00 - 900.00/day)         	

   	

   	

	

Wardrobe Stylist (600.00 - 900.00/day)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)      	

   	

   	

   	

	

Digital Fee (about 300.00 for a web gallery) 	

       	

	

Reproduction File Prep (25.00 – 50.00) 	

       	

   	

	

Digital Tech (about 500.00/day + workstation)          	

	

Retouching (150.00 - 250.00/hour)	

       	

   	

   	

	

Producer (500.00 - 750.00/day)*      	

   	

   	

   	

	

Hair/Make-Up (600.00 - 900.00/day)         	

   	

   	

	

Wardrobe Stylist (600.00 - 900.00/day) 	

       	

   	

	

Prop Stylist (600.00 - 900.00/day)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)      	

   	

   	

      	

Food Stylist (900.00 - 1200.00/day) + food	

Digital Fee (about 300.00 for a web gallery) 	

          	

	

Reproduction File Prep (25.00 – 50.00) 	

       	

      	

	

Digital Tech (about 500.00/day + workstation)             	

	

Retouching (150.00 - 250.00/hour)	

       	

   	

      	

	

Producer (500.00 - 750.00/day)*      	

   	

   	

      	

	

Hair/Make-Up (600.00 - 900.00/day)         	

   	

      	

	

Wardrobe Stylist (600.00 - 900.00/day) 	

       	

	

Prop Stylist (600.00 - 900.00/day)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)      	

   	

   	

   	

Food Stylist (900.00 - 1200.00/day) + food	

Digital Fee (about 300.00 for a web gallery) 	

       	

Studio Rental (500.00 - 1500.00/day)	

Reproduction File Prep (25.00 – 50.00) 	

       	

   	

	

Digital Tech (about 500.00/day + workstation)          	

	

Retouching (150.00 - 250.00/hour)	

       	

   	

   	

	

Producer (500.00 - 750.00/day)*      	

   	

   	

   	

	

Hair/Make-Up (600.00 - 900.00/day)         	

   	

   	

	

Wardrobe Stylist (600.00 - 900.00/day) 	

       	

   	

	

Prop Stylist (600.00 - 900.00/day)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)      	

   	

   	

   	

Food Stylist (900.00 - 1200.00/day) + food	

Digital Fee (about 300.00 for a web gallery) 	

       	

Studio Rental (500.00 - 1500.00/day)	

Reproduction File Prep (25.00 – 50.00) 	

       	

   	

Location Scout (700.00 - 800.00/day)	

Digital Tech (about 500.00/day + workstation)          	

	

Retouching (150.00 - 250.00/hour)	

       	

   	

   	

	

Producer (500.00 - 750.00/day)*      	

   	

   	

   	

	

Hair/Make-Up (600.00 - 900.00/day)         	

   	

   	

	

Wardrobe Stylist (600.00 - 900.00/day) 	

       	

   	

	

Prop Stylist (600.00 - 900.00/day)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)      	

   	

   	

   	

Food Stylist (900.00 - 1200.00/day) + food	

Digital Fee (about 300.00 for a web gallery) 	

       	

Studio Rental (500.00 - 1500.00/day)	

Reproduction File Prep (25.00 – 50.00) 	

       	

   	

Location Scout (700.00 - 800.00/day)	

Digital Tech (about 500.00/day + workstation)          	

Cameras, lighting, grip	

Retouching (150.00 - 250.00/hour)	

       	

   	

   	

	

Producer (500.00 - 750.00/day)*      	

   	

   	

   	

	

Hair/Make-Up (600.00 - 900.00/day)         	

   	

   	

	

Wardrobe Stylist (600.00 - 900.00/day) 	

       	

   	

	

Prop Stylist (600.00 - 900.00/day)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)      	

   	

   	

   	

Food Stylist (900.00 - 1200.00/day) + food	

Digital Fee (about 300.00 for a web gallery) 	

       	

Studio Rental (500.00 - 1500.00/day)	

Reproduction File Prep (25.00 – 50.00) 	

       	

   	

Location Scout (700.00 - 800.00/day)	

Digital Tech (about 500.00/day + workstation)          	

Cameras, lighting, grip	

Retouching (150.00 - 250.00/hour)	

       	

   	

   	

Wardrobe, Props, Backgrounds	

Producer (500.00 - 750.00/day)*      	

   	

   	

   	

	

Hair/Make-Up (600.00 - 900.00/day)         	

   	

   	

	

Wardrobe Stylist (600.00 - 900.00/day) 	

       	

   	

	

Prop Stylist (600.00 - 900.00/day)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)      	

   	

   	

      	

Food Stylist (900.00 - 1200.00/day) + food	

Digital Fee (about 300.00 for a web gallery) 	

          	

Studio Rental (500.00 - 1500.00/day)	

Reproduction File Prep (25.00 – 50.00) 	

       	

      	

Location Scout (700.00 - 800.00/day)	

Digital Tech (about 500.00/day + workstation)             	

Cameras, lighting, grip	

Retouching (150.00 - 250.00/hour)	

       	

   	

      	

Wardrobe, Props, Backgrounds	

Producer (500.00 - 750.00/day)*      	

   	

   	

      	

Location Fees, Models*, Casting	

Hair/Make-Up (600.00 - 900.00/day)         	

   	

	

Wardrobe Stylist (600.00 - 900.00/day) 	

       	

      	

	

Prop Stylist (600.00 - 900.00/day)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)      	

   	

   	

   	

Food Stylist (900.00 - 1200.00/day) + food	

Digital Fee (about 300.00 for a web gallery) 	

       	

Studio Rental (500.00 - 1500.00/day)	

Reproduction File Prep (25.00 – 50.00) 	

       	

   	

Location Scout (700.00 - 800.00/day)	

Digital Tech (about 500.00/day + workstation)          	

Cameras, lighting, grip	

Retouching (150.00 - 250.00/hour)	

       	

   	

   	

Wardrobe, Props, Backgrounds	

Producer (500.00 - 750.00/day)*      	

   	

   	

   	

Location Fees, Models*, Casting	

Hair/Make-Up (600.00 - 900.00/day)         	

   	

   	

Certificate of Insurance, Permits	

Wardrobe Stylist (600.00 - 900.00/day) 	

       	

   	

	

Prop Stylist (600.00 - 900.00/day)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)      	

   	

   	

   	

Food Stylist (900.00 - 1200.00/day) + food	

Digital Fee (about 300.00 for a web gallery) 	

       	

Studio Rental (500.00 - 1500.00/day)	

Reproduction File Prep (25.00 – 50.00) 	

       	

   	

Location Scout (700.00 - 800.00/day)	

Digital Tech (about 500.00/day + workstation)          	

Cameras, lighting, grip	

Retouching (150.00 - 250.00/hour)	

       	

   	

   	

Wardrobe, Props, Backgrounds	

Producer (500.00 - 750.00/day)*      	

   	

   	

   	

Location Fees, Models*, Casting	

Hair/Make-Up (600.00 - 900.00/day)         	

   	

   	

Certificate of Insurance, Permits	

Wardrobe Stylist (600.00 - 900.00/day) 	

       	

   	

Meals, Catering, Mileage, Parking, Tolls	

Prop Stylist (600.00 - 900.00/day)
COMPUTING EXPENSES 
Assistant (150.00 – 500.00/day)      	

   	

   	

   	

Food Stylist (900.00 - 1200.00/day) + food	

Digital Fee (about 300.00 for a web gallery) 	

       	

Studio Rental (500.00 - 1500.00/day)	

Reproduction File Prep (25.00 – 50.00) 	

       	

   	

Location Scout (700.00 - 800.00/day)	

Digital Tech (about 500.00/day + workstation)          	

Cameras, lighting, grip	

Retouching (150.00 - 250.00/hour)	

       	

   	

   	

Wardrobe, Props, Backgrounds	

Producer (500.00 - 750.00/day)*      	

   	

   	

   	

Location Fees, Models*, Casting	

Hair/Make-Up (600.00 - 900.00/day)         	

   	

   	

Certificate of Insurance, Permits	

Wardrobe Stylist (600.00 - 900.00/day) 	

       	

   	

Meals, Catering, Mileage, Parking, Tolls	

Prop Stylist (600.00 - 900.00/day) 	

     	

   	

   	

Vehicle Rental, Hotels, Airfare, Cabs, Tips
Client needs a quote?	


Ask the right questions.
QUESTIONS: GENERAL
▹    CREATIVE
▹    PRODUCTION
▹    USAGE
QUESTIONS: GENERAL
▹    CREATIVE - What pictures do we need to make?
▹    PRODUCTION
▹    USAGE
QUESTIONS: GENERAL
▹    CREATIVE - What pictures do we need to make?
▹    PRODUCTION - What do we have to do to make them?
▹    USAGE
QUESTIONS: GENERAL
▹    CREATIVE - What pictures do we need to make?
▹    PRODUCTION - What do we have to do to make them?
▹    USAGE - How will the pictures be used?
QUESTIONS: GENERAL
▹    CREATIVE - What pictures do we need to make?
▹    PRODUCTION - What do we have to do to make them?
▹    USAGE - How will the pictures be used?


▹    Some questions you’ll ask the client, others you’ll ask yourself.
QUESTIONS: SPECIFIC 
▹    What’s the shoot concept?
QUESTIONS: SPECIFIC 
▹    What’s the shoot concept?
▹    What are we trying to say?
QUESTIONS: SPECIFIC 
▹    What’s the shoot concept?
▹    What are we trying to say?
▹    Who is the audience?
QUESTIONS: SPECIFIC 
▹    What’s the shoot concept?
▹    What are we trying to say?
▹    Who is the audience?
▹    Do you have a shot list, comps?
QUESTIONS: SPECIFIC 
▹    What’s the shoot concept?
▹    What are we trying to say?
▹    Who is the audience?
▹    Do you have a shot list, comps?
▹    Who is the client?
QUESTIONS: SPECIFIC 
▹    What’s the shoot concept?
▹    What are we trying to say?
▹    Who is the audience?
▹    Do you have a shot list, comps?
▹    Who is the client?
▹    What type of use (publicity, collateral, advertising)?
QUESTIONS: SPECIFIC 
▹    What’s the shoot concept?
▹    What are we trying to say?
▹    Who is the audience?
▹    Do you have a shot list, comps?
▹    Who is the client?
▹    What type of use (publicity, collateral, advertising)?
▹    How many photos do you expect to use and at what size?
QUESTIONS: SPECIFIC 
▹    What’s the shoot concept?
▹    What are we trying to say?
▹    Who is the audience?
▹    Do you have a shot list, comps?
▹    Who is the client?
▹    What type of use (publicity, collateral, advertising)?
▹    How many photos do you expect to use and at what size?
▹    Cover, inside (corporate, editorial)?
QUESTIONS: SPECIFIC 
▹    What’s the shoot concept?
▹    What are we trying to say?
▹    Who is the audience?
▹    Do you have a shot list, comps?
▹    Who is the client?
▹    What type of use (publicity, collateral, advertising)?
▹    How many photos do you expect to use and at what size?
▹    Cover, inside (corporate, editorial)?
▹    Media buy - newspapers, magazines, billboards, POP, web, tablet (advertising)?
QUESTIONS: SPECIFIC 
▹    How long (one time, one year, forever)?
QUESTIONS: SPECIFIC 
▹    How long (one time, one year, forever)?
▹    Geographic area (local, regional, national, international)?
QUESTIONS: SPECIFIC 
▹    How long (one time, one year, forever)?
▹    Geographic area (local, regional, national, international)?
▹    What's the circulation (or print run) of the publication (editorial, corporate)?
QUESTIONS: SPECIFIC 
▹    How long (one time, one year, forever)?
▹    Geographic area (local, regional, national, international)?
▹    What's the circulation (or print run) of the publication (editorial, corporate)?
▹    How many insertions and in what publications (advertising)?
QUESTIONS: SPECIFIC 
▹    How long (one time, one year, forever)?
▹    Geographic area (local, regional, national, international)?
▹    What's the circulation (or print run) of the publication (editorial, corporate)?
▹    How many insertions and in what publications (advertising)?
▹    How long will you want the photos to be exclusive?
QUESTIONS: SPECIFIC 
▹    How long (one time, one year, forever)?
▹    Geographic area (local, regional, national, international)?
▹    What's the circulation (or print run) of the publication (editorial, corporate)?
▹    How many insertions and in what publications (advertising)?
▹    How long will you want the photos to be exclusive?
▹    What level of production is appropriate (hair/make-up, wardrobe, props)?
QUESTIONS: SPECIFIC 
▹    How long (one time, one year, forever)?
▹    Geographic area (local, regional, national, international)?
▹    What's the circulation (or print run) of the publication (editorial, corporate)?
▹    How many insertions and in what publications (advertising)?
▹    How long will you want the photos to be exclusive?
▹    What level of production is appropriate (hair/make-up, wardrobe, props)?
▹    Can you tell me who else is quoting on the job?
QUESTIONS: SPECIFIC 
▹    How long (one time, one year, forever)?
▹    Geographic area (local, regional, national, international)?
▹    What's the circulation (or print run) of the publication (editorial, corporate)?
▹    How many insertions and in what publications (advertising)?
▹    How long will you want the photos to be exclusive?
▹    What level of production is appropriate (hair/make-up, wardrobe, props)?
▹    Can you tell me who else is quoting on the job?
▹    Have you established a budget?
QUESTIONS: SPECIFIC 
▹    How long (one time, one year, forever)?
▹    Geographic area (local, regional, national, international)?
▹    What's the circulation (or print run) of the publication (editorial, corporate)?
▹    How many insertions and in what publications (advertising)?
▹    How long will you want the photos to be exclusive?
▹    What level of production is appropriate (hair/make-up, wardrobe, props)?
▹    Can you tell me who else is quoting on the job?
▹    Have you established a budget?
▹    How many shoot days does the job require?
QUESTIONS: FOR YOU 
▹    Your contract or theirs?
QUESTIONS: FOR YOU 
▹    Your contract or theirs?
▹    Is the intended use different from the licensing they're asking for?
QUESTIONS: FOR YOU 
▹    Your contract or theirs?
▹    Is the intended use different from the licensing they're asking for?
▹    Are there special technical or creative skills required for the job?
QUESTIONS: FOR YOU 
▹    Your contract or theirs?
▹    Is the intended use different from the licensing they're asking for?
▹    Are there special technical or creative skills required for the job?
▹    How complex or difficult is the job?
QUESTIONS: FOR YOU 
▹    Your contract or theirs?
▹    Is the intended use different from the licensing they're asking for?
▹    Are there special technical or creative skills required for the job?
▹    How complex or difficult is the job?
▹    How many of your competitors could do the job?
QUESTIONS: FOR YOU 
▹    Your contract or theirs?
▹    Is the intended use different from the licensing they're asking for?
▹    Are there special technical or creative skills required for the job?
▹    How complex or difficult is the job?
▹    How many of your competitors could do the job?
▹    What’s in it for you? (portfolio, experience, relationship, money)
QUESTIONS: FOR YOU 
▹    Your contract or theirs?
▹    Is the intended use different from the licensing they're asking for?
▹    Are there special technical or creative skills required for the job?
▹    How complex or difficult is the job?
▹    How many of your competitors could do the job?
▹    What’s in it for you? (portfolio, experience, relationship, money)
▹    Will this job yield valuable stock photos?
QUESTIONS: FOR YOU 
▹    Your contract or theirs?
▹    Is the intended use different from the licensing they're asking for?
▹    Are there special technical or creative skills required for the job?
▹    How complex or difficult is the job?
▹    How many of your competitors could do the job?
▹    What’s in it for you? (portfolio, experience, relationship, money)
▹    Will this job yield valuable stock photos?
▹    Can you do it on your schedule or do you have to do it on theirs?
QUESTIONS: FOR YOU 
▹    Your contract or theirs?
▹    Is the intended use different from the licensing they're asking for?
▹    Are there special technical or creative skills required for the job?
▹    How complex or difficult is the job?
▹    How many of your competitors could do the job?
▹    What’s in it for you? (portfolio, experience, relationship, money)
▹    Will this job yield valuable stock photos?
▹    Can you do it on your schedule or do you have to do it on theirs?
▹    How busy are you?
QUESTIONS: FOR YOU 
▹    Your contract or theirs?
▹    Is the intended use different from the licensing they're asking for?
▹    Are there special technical or creative skills required for the job?
▹    How complex or difficult is the job?
▹    How many of your competitors could do the job?
▹    What’s in it for you? (portfolio, experience, relationship, money)
▹    Will this job yield valuable stock photos?
▹    Can you do it on your schedule or do you have to do it on theirs?
▹    How busy are you?
▹    Do I need a signature or will an email confirmation suffice?
“Why can’t we use	

   the pictures	

any way we want?”
RESPONDING TO “ANY WAY WE WANT” 
▹    Broader usage is more expensive, narrower usage is less expensive
RESPONDING TO “ANY WAY WE WANT” 
▹    Broader usage is more expensive, narrower usage is less expensive
▹    Provide a licensing agreement that fits their budget
RESPONDING TO “ANY WAY WE WANT” 
▹    Broader usage is more expensive, narrower usage is less expensive
▹    Provide a licensing agreement that fits their budget
▹    Sometimes a client wants to hide how they plan to use the pictures
RESPONDING TO “ANY WAY WE WANT” 
▹    Broader usage is more expensive, narrower usage is less expensive
▹    Provide a licensing agreement that fits their budget
▹    Sometimes a client wants to hide how they plan to use the pictures
▹    Other times, they just don’t know
RESPONDING TO “ANY WAY WE WANT” 
▹    Broader usage is more expensive, narrower usage is less expensive
▹    Provide a licensing agreement that fits their budget
▹    Sometimes a client wants to hide how they plan to use the pictures
▹    Other times, they just don’t know
▹    Mostly, they’re looking for convenience
RESPONDING TO “ANY WAY WE WANT” 
▹    Broader usage is more expensive, narrower usage is less expensive
▹    Provide a licensing agreement that fits their budget
▹    Sometimes a client wants to hide how they plan to use the pictures
▹    Other times, they just don’t know
▹    Mostly, they’re looking for convenience
▹    Send two pricing options
RESPONDING TO “ANY WAY WE WANT” 
▹    Broader usage is more expensive, narrower usage is less expensive
▹    Provide a licensing agreement that fits their budget
▹    Sometimes a client wants to hide how they plan to use the pictures
▹    Other times, they just don’t know
▹    Mostly, they’re looking for convenience
▹    Send two pricing options
▹    Don’t let a client tell you you can’t charge for usage (don’t be intimidated)
RESPONDING TO “ANY WAY WE WANT” 
▹    What does your client really need? Structure “unlimited” in a limited way
RESPONDING TO “ANY WAY WE WANT” 
▹         What does your client really need? Structure “unlimited” in a limited way
     ▹      Work for hire/transfer of copyright/buyout
RESPONDING TO “ANY WAY WE WANT” 
▹         What does your client really need? Structure “unlimited” in a limited way
     ▹      Work for hire/transfer of copyright/buyout
     ▹      Any type of use, any medium, worldwide, forever, exclusive forever
RESPONDING TO “ANY WAY WE WANT” 
▹         What does your client really need? Structure “unlimited” in a limited way
     ▹      Work for hire/transfer of copyright/buyout
     ▹      Any type of use, any medium, worldwide, forever, exclusive forever
     ▹      Publicity, collateral and advertising use, any medium, worldwide, forever, limited
            exclusivity
RESPONDING TO “ANY WAY WE WANT” 
▹         What does your client really need? Structure “unlimited” in a limited way
     ▹      Work for hire/transfer of copyright/buyout
     ▹      Any type of use, any medium, worldwide, forever, exclusive forever
     ▹      Publicity, collateral and advertising use, any medium, worldwide, forever, limited
            exclusivity
     ▹      Maybe they need to use it everywhere but for a limited period of time
RESPONDING TO “ANY WAY WE WANT” 
▹         What does your client really need? Structure “unlimited” in a limited way
     ▹      Work for hire/transfer of copyright/buyout
     ▹      Any type of use, any medium, worldwide, forever, exclusive forever
     ▹      Publicity, collateral and advertising use, any medium, worldwide, forever, limited
            exclusivity
     ▹      Maybe they need to use it everywhere but for a limited period of time
     ▹      Maybe they need to use it forever, but just in one region
understand	

your client’s priorities	


 choose your battles
NEGOTIATING TIPS
▹    Put it in your own words
NEGOTIATING TIPS
▹    Put it in your own words
▹    Negotiating is about finding a “win/win”
NEGOTIATING TIPS
▹    Put it in your own words
▹    Negotiating is about finding a “win/win”
▹    It doesn’t need to be contentious or adversarial
NEGOTIATING TIPS
▹    Put it in your own words
▹    Negotiating is about finding a “win/win”
▹    It doesn’t need to be contentious or adversarial
▹    Don’t give up something for nothing (licensing/fee/expenses)
NEGOTIATING TIPS
▹    Put it in your own words
▹    Negotiating is about finding a “win/win”
▹    It doesn’t need to be contentious or adversarial
▹    Don’t give up something for nothing (licensing/fee/expenses)
▹    Never give a price quote over the phone
NEGOTIATING TIPS
▹    Put it in your own words
▹    Negotiating is about finding a “win/win”
▹    It doesn’t need to be contentious or adversarial
▹    Don’t give up something for nothing (licensing/fee/expenses)
▹    Never give a price quote over the phone
▹    Working for free or for cheap
NEGOTIATING TIPS
▹    Put it in your own words
▹    Negotiating is about finding a “win/win”
▹    It doesn’t need to be contentious or adversarial
▹    Don’t give up something for nothing (licensing/fee/expenses)
▹    Never give a price quote over the phone
▹    Working for free or for cheap
▹    Does the intended use match the licensing?
NEGOTIATING TIPS
▹    Put it in your own words
▹    Negotiating is about finding a “win/win”
▹    It doesn’t need to be contentious or adversarial
▹    Don’t give up something for nothing (licensing/fee/expenses)
▹    Never give a price quote over the phone
▹    Working for free or for cheap
▹    Does the intended use match the licensing?
▹    Production responsibilities (what can your client do to help?)
NEGOTIATING TIPS
▹    Bid vs. Estimate (heads I win, tails you lose)
NEGOTIATING TIPS
▹    Bid vs. Estimate (heads I win, tails you lose)
▹    Draw a box around the usage you want to allow for a certain price
NEGOTIATING TIPS
▹    Bid vs. Estimate (heads I win, tails you lose)
▹    Draw a box around the usage you want to allow for a certain price
▹    Avoid vague terms like “buyout” and “unlimited”
NEGOTIATING TIPS
▹    Bid vs. Estimate (heads I win, tails you lose)
▹    Draw a box around the usage you want to allow for a certain price
▹    Avoid vague terms like “buyout” and “unlimited”
▹    Be clear when you use the terms “digital” or “print”
NEGOTIATING TIPS
▹    Bid vs. Estimate (heads I win, tails you lose)
▹    Draw a box around the usage you want to allow for a certain price
▹    Avoid vague terms like “buyout” and “unlimited”
▹    Be clear when you use the terms “digital” or “print”
▹    Web isn’t a usage, it’s a medium
NEGOTIATING TIPS
▹    Bid vs. Estimate (heads I win, tails you lose)
▹    Draw a box around the usage you want to allow for a certain price
▹    Avoid vague terms like “buyout” and “unlimited”
▹    Be clear when you use the terms “digital” or “print”
▹    Web isn’t a usage, it’s a medium
▹    Low bid doesn’t always get the job
NEGOTIATING TIPS
▹    Bid vs. Estimate (heads I win, tails you lose)
▹    Draw a box around the usage you want to allow for a certain price
▹    Avoid vague terms like “buyout” and “unlimited”
▹    Be clear when you use the terms “digital” or “print”
▹    Web isn’t a usage, it’s a medium
▹    Low bid doesn’t always get the job
▹    Share pricing information with other photographers
NEGOTIATING TIPS
▹    Bid vs. Estimate (heads I win, tails you lose)
▹    Draw a box around the usage you want to allow for a certain price
▹    Avoid vague terms like “buyout” and “unlimited”
▹    Be clear when you use the terms “digital” or “print”
▹    Web isn’t a usage, it’s a medium
▹    Low bid doesn’t always get the job
▹    Share pricing information with other photographers
▹    Ignorance drives down prices
NEGOTIATING TIPS
▹    Bid vs. Estimate (heads I win, tails you lose)
▹    Draw a box around the usage you want to allow for a certain price
▹    Avoid vague terms like “buyout” and “unlimited”
▹    Be clear when you use the terms “digital” or “print”
▹    Web isn’t a usage, it’s a medium
▹    Low bid doesn’t always get the job
▹    Share pricing information with other photographers
▹    Ignorance drives down prices
▹    If you’re not willing to turn down a bad deal, you have no negotiating leverage
Case Study

The Penn Stater
  Magazine	

    Cover Shoot
- Brothers. Star basketball players.	


- Cover, opener, table of contents.	


- Posed, in action, with their family.	


- What would you charge?
Case Study

Inc. Magazine	

     Portrait
- Brothers who run online wine company	


- One inside picture. Full page.	


- White background.	


- Sitting on wine crates.	


- With and without wine glasses
Case Study

Corporate Event	

       Shoot
-  2-day corporate event in Florida	


-  Medium-sized Connecticut corporation	


-  Medium-sized UK graphic design firm	


-  Veteran Florida-based photographer	


-  What would you charge?
Case Study

Lactaid	

Ad Campaign
-  Large New York ad agency	


-  Medium-sized brand (part of big company)	


-  3 ads (3 different models, each with prop)	


-  1 day in studio	


- 1 year consumer pubs, POS, direct mail,
   	

collateral, internet
Case Study

USAA Magazine	

     Cover Shoot
- “Mug shot” concept with kids	


- To illustrate story on identity theft	


- Individual mug shot, line-up, seamless	

- (USAA offers financial services for veterans and their families)	



- What would you charge?
Questions?
Thank you!	

(The End)
ASMP South Florida, Pricing & Negotiating

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ASMP South Florida, Pricing & Negotiating

  • 1.
  • 2. PRICING & NEGOTIATING For Commercial & Editorial Photographers ASMP South Florida Saturday, January 26, 2013 Bill Cramer/CEO
  • 3. Before we get started: Thumb drives. Handouts. Ask questions. Provide feedback. Don’t be overwhelmed. I’m not going to tell you what to charge. Who are you?
  • 4. Before we get started: Thumb drives. Handouts. Ask questions. Provide feedback. Don’t be overwhelmed. I’m not going to tell you what to charge. Who are you?
  • 5. Before we get started: Thumb drives. Handouts. Please ask questions. Provide feedback. Don’t be overwhelmed. I’m not going to tell you what to charge. Who are you?
  • 6. Before we get started: Thumb drives. Handouts. Please ask questions. Provide feedback. Don’t be overwhelmed. I’m not going to tell you what to charge. Who are you?
  • 7. Before we get started: Thumb drives. Handouts. Please ask questions. Provide feedback. Don’t be overwhelmed. I’m not going to tell you what to charge. Who are you?
  • 8. Before we get started: Thumb drives. Handouts. Please ask questions. Provide feedback. Don’t be overwhelmed. I’m not going to tell you what to charge. Who are you?
  • 9. Before we get started: Thumb drives. Handouts. Please ask questions. Provide feedback. Don’t be overwhelmed. I’m not going to tell you what to charge. Who are you?
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19. A photograph has no intrinsic value. So how do you quantify it?
  • 20. Here’s Copyright Why Do I Need A Contract? what Terminology we’ll Editorial Contracts cover Commercial Estimates Computing Fees Computing Expenses Questions Responding to “Any Way We Want” Negotiating Tips Case Studies
  • 21. COPYRIGHT ▹  The right to reproduce or distribute an artistic work
  • 22. COPYRIGHT ▹  The right to reproduce or distribute an artistic work ▹  You own the copyright as soon as you take a picture
  • 23. COPYRIGHT ▹  The right to reproduce or distribute an artistic work ▹  You own the copyright as soon as you take a picture ▹  Commercial photographers don’t sell images, they license them
  • 24. COPYRIGHT ▹  The right to reproduce or distribute an artistic work ▹  You own the copyright as soon as you take a picture ▹  Commercial photographers don’t sell images, they license them ▹  Client can only use your picture with a license
  • 25. COPYRIGHT ▹  The right to reproduce or distribute an artistic work ▹  You own the copyright as soon as you take a picture ▹  Commercial photographers don’t sell images, they license them ▹  Client can only use your picture with a license ▹  This gives you tremendous negotiating leverage
  • 26. COPYRIGHT ▹  The right to reproduce or distribute an artistic work ▹  You own the copyright as soon as you take a picture ▹  Commercial photographers don’t sell images, they license them ▹  Client can only use your picture with a license ▹  This gives you tremendous negotiating leverage ▹  Copyright Registration
  • 27. WHY DO I NEED A CONTRACT? ▹  Too many variables
  • 28. WHY DO I NEED A CONTRACT? ▹  Too many variables ▹  Everyone remembers conversations differently
  • 29. WHY DO I NEED A CONTRACT? ▹  Too many variables ▹  Everyone remembers conversations differently ▹  You can’t assume your client operates the way you do
  • 30. WHY DO I NEED A CONTRACT? ▹  Too many variables ▹  Everyone remembers conversations differently ▹  You can’t assume your client operates the way you do ▹  Without a contract, client has no rights, but they will assume they have all rights
  • 31. WHY DO I NEED A CONTRACT? ▹  Too many variables ▹  Everyone remembers conversations differently ▹  You can’t assume your client operates the way you do ▹  Without a contract, client has no rights, but they will assume they have all rights ▹  Get it in writing, before the shoot
  • 32. WHY DO I NEED A CONTRACT? ▹  Too many variables ▹  Everyone remembers conversations differently ▹  You can’t assume your client operates the way you do ▹  Without a contract, client has no rights, but they will assume they have all rights ▹  Get it in writing, before the shoot ▹  Avoids conflicts
  • 33. WHY DO I NEED A CONTRACT? ▹  Too many variables ▹  Everyone remembers conversations differently ▹  You can’t assume your client operates the way you do ▹  Without a contract, client has no rights, but they will assume they have all rights ▹  Get it in writing, before the shoot ▹  Avoids conflicts ▹  Makes your terms enforceable
  • 34. WHY DO I NEED A CONTRACT? ▹  Too many variables ▹  Everyone remembers conversations differently ▹  You can’t assume your client operates the way you do ▹  Without a contract, client has no rights, but they will assume they have all rights ▹  Get it in writing, before the shoot ▹  Avoids conflicts ▹  Makes your terms enforceable ▹  You can do it!
  • 35. get comfortable with: ~terminology ~writing contracts ~negotiating with clients
  • 37. TERMS: FEE + EXPENSES VS. FLAT FEE ▹  Photographers tend to underestimate shoot expenses
  • 39. TERMS: COST OF DOING BUSINESS ▹  Fixed (overhead) expenses, variable (assignment) expenses
  • 40. TERMS: COST OF DOING BUSINESS ▹  Fixed (overhead) expenses, variable (assignment) expenses ▹  Your cost of doing business should reflect your prices, not drive them
  • 41. TERMS: COST OF DOING BUSINESS ▹  Fixed (overhead) expenses, variable (assignment) expenses ▹  Your cost of doing business should reflect your prices, not drive them ▹  Your overhead (whatever it is), is simply going to make you more competitive in some situations and less competitive in others
  • 43. CHARGING FOR USAGE ▹  Assignment fees are a function of time, usage and expertise
  • 44. CHARGING FOR USAGE ▹  Assignment fees are a function of time, usage and expertise ▹  TIME determines the minimum price (value to you)
  • 45. CHARGING FOR USAGE ▹  Assignment fees are a function of time, usage and expertise ▹  TIME determines the minimum price (value to you) ▹  USAGE determines the maximum price (value to the client)
  • 46. CHARGING FOR USAGE ▹  Assignment fees are a function of time, usage and expertise ▹  TIME determines the minimum price (value to you) ▹  USAGE determines the maximum price (value to the client) ▹  EXPERTISE gives you competitive advantage and negotiating leverage
  • 47. CHARGING FOR USAGE ▹  Assignment fees are a function of time, usage and expertise ▹  TIME determines the minimum price (value to you) ▹  USAGE determines the maximum price (value to the client) ▹  EXPERTISE gives you competitive advantage and negotiating leverage ▹  If you’re not charging for all three, you’re probably leaving money on the table
  • 48. TERMS: TYPES OF USE ▹  EDITORIAL ▹  COMMERCIAL
  • 49. TERMS: TYPES OF USE ▹  EDITORIAL ▹  COMMERCIAL ▹  Publicity ▹  Collateral ▹  Advertising
  • 50. TERMS: TYPES OF USE ▹  EDITORIAL ▹  COMMERCIAL ▹  Publicity – client gives photos to publications for editorial use ▹  Collateral ▹  Advertising
  • 51. TERMS: TYPES OF USE ▹  EDITORIAL ▹  COMMERCIAL ▹  Publicity – client gives photos to publications for editorial use ▹  Collateral – client produces and distributes a publication ▹  Advertising
  • 52. TERMS: TYPES OF USE ▹  EDITORIAL ▹  COMMERCIAL ▹  Publicity – client gives photos to publications for editorial use ▹  Collateral – client produces and distributes a publication ▹  Advertising – client pays to place photos in media
  • 55. ESTIMATES VS. CONTRACTS ▹  Editorial clients tend to work with ongoing contracts
  • 56. ESTIMATES VS. CONTRACTS ▹  Editorial clients tend to work with ongoing contracts ▹  Commercial clients tend to want a separate estimate for each job
  • 57. EDITORIAL CONTRACTS ▹  Yours or theirs?
  • 58. EDITORIAL CONTRACTS ▹  Yours or theirs? ▹  Day rate vs. space
  • 59. EDITORIAL CONTRACTS ▹  Yours or theirs? ▹  Day rate vs. space ▹  Flat fee plus expenses
  • 60. EDITORIAL CONTRACTS ▹  Yours or theirs? ▹  Day rate vs. space ▹  Flat fee plus expenses ▹  Flat fee including expenses
  • 61. EDITORIAL CONTRACTS ▹  Yours or theirs? ▹  Day rate vs. space ▹  Flat fee plus expenses ▹  Flat fee including expenses ▹  Normally for a period of time (avoid forever)
  • 62. EDITORIAL CONTRACTS ▹  Yours or theirs? ▹  Day rate vs. space ▹  Flat fee plus expenses ▹  Flat fee including expenses ▹  Normally for a period of time (avoid forever) ▹  Sometimes just for one assignment at a time
  • 63. COMMERCIAL ESTIMATES ▹  Proposal: estimate, terms & conditions, delivery memo
  • 64. COMMERCIAL ESTIMATES ▹  Proposal: estimate, terms & conditions, delivery memo ▹  Price by the hour, by the day, by the image, by the project
  • 65. COMMERCIAL ESTIMATES ▹  Proposal: estimate, terms & conditions, delivery memo ▹  Price by the hour, by the day, by the image, by the project ▹  Bundle usage with day rate or separate the two
  • 66. COMMERCIAL ESTIMATES ▹  Proposal: estimate, terms & conditions, delivery memo ▹  Price by the hour, by the day, by the image, by the project ▹  Bundle usage with day rate or separate the two ▹  Itemize everything (at least to yourself)
  • 67. COMMERCIAL ESTIMATES ▹  Proposal: estimate, terms & conditions, delivery memo ▹  Price by the hour, by the day, by the image, by the project ▹  Bundle usage with day rate or separate the two ▹  Itemize everything (at least to yourself) ▹  Specify items that the client is providing
  • 68. COMMERCIAL ESTIMATES ▹  Proposal: estimate, terms & conditions, delivery memo ▹  Price by the hour, by the day, by the image, by the project ▹  Bundle usage with day rate or separate the two ▹  Itemize everything (at least to yourself) ▹  Specify items that the client is providing ▹  “Plus applicable sales tax”
  • 69. COMMERCIAL ESTIMATES ▹  Proposal: estimate, terms & conditions, delivery memo ▹  Price by the hour, by the day, by the image, by the project ▹  Bundle usage with day rate or separate the two ▹  Itemize everything (at least to yourself) ▹  Specify items that the client is providing ▹  “Plus applicable sales tax” ▹  Use estimating software like BlinkBid or an invoicing application like Quickbooks
  • 70. COMMERCIAL ESTIMATES ▹  Proposal: estimate, terms & conditions, delivery memo ▹  Price by the hour, by the day, by the image, by the project ▹  Bundle usage with day rate or separate the two ▹  Itemize everything (at least to yourself) ▹  Specify items that the client is providing ▹  “Plus applicable sales tax” ▹  Use estimating software like BlinkBid or an invoicing application like Quickbooks ▹  Send proposal as combined PDF with introductory email
  • 71. COMMERCIAL ESTIMATES ▹  Proposal: estimate, terms & conditions, delivery memo ▹  Price by the hour, by the day, by the image, by the project ▹  Bundle usage with day rate or separate the two ▹  Itemize everything (at least to yourself) ▹  Specify items that the client is providing ▹  “Plus applicable sales tax” ▹  Use estimating software like BlinkBid or an invoicing application like Quickbooks ▹  Send proposal as combined PDF with introductory email ▹  Send treatment for big jobs, explaining your approach and capabilities
  • 72. COMMERCIAL ESTIMATES ▹  Proposal: estimate, terms & conditions, delivery memo ▹  Price by the hour, by the day, by the image, by the project ▹  Bundle usage with day rate or separate the two ▹  Itemize everything (at least to yourself) ▹  Specify items that the client is providing ▹  “Plus applicable sales tax” ▹  Use estimating software like BlinkBid or an invoicing application like Quickbooks ▹  Send proposal as combined PDF with introductory email ▹  Send treatment for big jobs, explaining your approach and capabilities ▹  Review with a consultant, rep or friend
  • 73. TREATMENT ▹  More detailed proposal for bigger commercial assignments
  • 74. TREATMENT ▹  More detailed proposal for bigger commercial assignments ▹  Explains your skills, experience and client list
  • 75. TREATMENT ▹  More detailed proposal for bigger commercial assignments ▹  Explains your skills, experience and client list ▹  Describes your technical and creative approach
  • 76. TREATMENT ▹  More detailed proposal for bigger commercial assignments ▹  Explains your skills, experience and client list ▹  Describes your technical and creative approach ▹  Provides sample images and style references
  • 77. TREATMENT ▹  More detailed proposal for bigger commercial assignments ▹  Explains your skills, experience and client list ▹  Describes your technical and creative approach ▹  Provides sample images and style references ▹  Summarizes production schedule
  • 78.
  • 79.
  • 80.
  • 81.
  • 82.
  • 83.
  • 84.
  • 85.
  • 86.
  • 87.
  • 88. COMPUTING FEES ▹  Time ▹  Usage ▹  Expertise
  • 89. COMPUTING FEES ▹  Time ▹  Pre-production, shoot, post-production ▹  Usage ▹  Expertise
  • 90. COMPUTING FEES ▹  Time ▹  Pre-production, shoot, post-production ▹  Usage ▹  Types of use - editorial, commercial (publicity, collateral, advertising) ▹  Expertise
  • 91. COMPUTING FEES ▹  Time ▹  Pre-production, shoot, post-production ▹  Usage ▹  Types of use - editorial, commercial (publicity, collateral, advertising) ▹  Prominence - number of pictures, size of pictures, placement, size of client ▹  Expertise
  • 92. COMPUTING FEES ▹  Time ▹  Pre-production, shoot, post-production ▹  Usage ▹  Types of use - editorial, commercial (publicity, collateral, advertising) ▹  Prominence - number of pictures, size of pictures, placement, size of client ▹  Duration - how long they will be used (one time, one year, forever) ▹  Expertise
  • 93. COMPUTING FEES ▹  Time ▹  Pre-production, shoot, post-production ▹  Usage ▹  Types of use - editorial, commercial (publicity, collateral, advertising) ▹  Prominence - number of pictures, size of pictures, placement, size of client ▹  Duration - how long they will be used (one time, one year, forever) ▹  Geography – where they will be distributed (local, regional, national, international) ▹  Expertise
  • 94. COMPUTING FEES ▹  Time ▹  Pre-production, shoot, post-production ▹  Usage ▹  Types of use - editorial, commercial (publicity, collateral, advertising) ▹  Prominence - number of pictures, size of pictures, placement, size of client ▹  Duration - how long they will be used (one time, one year, forever) ▹  Geography – where they will be distributed (local, regional, national, international) ▹  Volume - number of copies of publication, ad insertions ▹  Expertise
  • 95. COMPUTING FEES ▹  Time ▹  Pre-production, shoot, post-production ▹  Usage ▹  Types of use - editorial, commercial (publicity, collateral, advertising) ▹  Prominence - number of pictures, size of pictures, placement, size of client ▹  Duration - how long they will be used (one time, one year, forever) ▹  Geography – where they will be distributed (local, regional, national, international) ▹  Volume - number of copies of publication, ad insertions ▹  Exclusivity - how long before photographer can license the pictures to another client ▹  Expertise
  • 96. COMPUTING FEES ▹  Time ▹  Pre-production, shoot, post-production ▹  Usage ▹  Types of use - editorial, commercial (publicity, collateral, advertising) ▹  Prominence - number of pictures, size of pictures, placement, size of client ▹  Duration - how long they will be used (one time, one year, forever) ▹  Geography – where they will be distributed (local, regional, national, international) ▹  Volume - number of copies of publication, ad insertions ▹  Exclusivity - how long before photographer can license the pictures to another client ▹  Credit ▹  Expertise
  • 97. COMPUTING FEES ▹  Time ▹  Pre-production, shoot, post-production ▹  Usage ▹  Types of use - editorial, commercial (publicity, collateral, advertising) ▹  Prominence - number of pictures, size of pictures, placement, size of client ▹  Duration - how long they will be used (one time, one year, forever) ▹  Geography – where they will be distributed (local, regional, national, international) ▹  Volume - number of copies of publication, ad insertions ▹  Exclusivity - how long before photographer can license the pictures to another client ▹  Credit ▹  Expertise ▹  Technical, creative
  • 98. COMPUTING FEES ▹  Time ▹  Pre-production, shoot, post-production ▹  Usage ▹  Types of use - editorial, commercial (publicity, collateral, advertising) ▹  Prominence - number of pictures, size of pictures, placement, size of client ▹  Duration - how long they will be used (one time, one year, forever) ▹  Geography – where they will be distributed (local, regional, national, international) ▹  Volume - number of copies of publication, ad insertions ▹  Exclusivity - how long before photographer can license the pictures to another client ▹  Credit ▹  Expertise ▹  Technical, creative ▹  Connections, experience
  • 99. COMPUTING FEES ▹  Time ▹  Pre-production, shoot, post-production ▹  Usage ▹  Types of use - editorial, commercial (publicity, collateral, advertising) ▹  Prominence - number of pictures, size of pictures, placement, size of client ▹  Duration - how long they will be used (one time, one year, forever) ▹  Geography – where they will be distributed (local, regional, national, international) ▹  Volume - number of copies of publication, ad insertions ▹  Exclusivity - how long before photographer can license the pictures to another client ▹  Credit ▹  Expertise ▹  Technical, creative ▹  Connections, experience ▹  Uniqueness – how many other photographers could do this assignment?
  • 100. COMPUTING FEES: RULES OF THUMB ▹  Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use)
  • 101. COMPUTING FEES: RULES OF THUMB ▹  Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use) ▹  Internal Corporate and event photography: $150-200/hour plus expenses (publicity and internal collateral use forever)
  • 102. COMPUTING FEES: RULES OF THUMB ▹  Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use) ▹  Internal Corporate and event photography: $150-200/hour plus expenses (publicity and internal collateral use forever) ▹  External Corporate: $2500-3500/day plus expenses (for one year’s use)
  • 103. COMPUTING FEES: RULES OF THUMB ▹  Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use) ▹  Internal Corporate and event photography: $150-200/hour plus expenses (publicity and internal collateral use forever) ▹  External Corporate: $2500-3500/day plus expenses (for one year’s use) ▹  Catalog: $2500-3500/day plus expenses (use limited to that catalog)
  • 104. COMPUTING FEES: RULES OF THUMB ▹  Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use) ▹  Internal Corporate and event photography: $150-200/hour plus expenses (publicity and internal collateral use forever) ▹  External Corporate: $2500-3500/day plus expenses (for one year’s use) ▹  Catalog: $2500-3500/day plus expenses (use limited to that catalog) ▹  Advertising: $10,000/image plus expenses (1 year national advertising)
  • 105. COMPUTING FEES: RULES OF THUMB ▹  Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use) ▹  Internal Corporate and event photography: $150-200/hour plus expenses (publicity and internal collateral use forever) ▹  External Corporate: $2500-3500/day plus expenses (for one year’s use) ▹  Catalog: $2500-3500/day plus expenses (use limited to that catalog) ▹  Advertising: $10,000/image plus expenses (1 year national advertising) ▹  A rough starting point – extrapolate from from there
  • 106. COMPUTING FEES: RULES OF THUMB ▹  Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use) ▹  Internal Corporate and event photography: $150-200/hour plus expenses (publicity and internal collateral use forever) ▹  External Corporate: $2500-3500/day plus expenses (for one year’s use) ▹  Catalog: $2500-3500/day plus expenses (use limited to that catalog) ▹  Advertising: $10,000/image plus expenses (1 year national advertising) ▹  A rough starting point – extrapolate from from there ▹  Hero image, supporting image (advertising)
  • 107. COMPUTING FEES: RULES OF THUMB ▹  Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use) ▹  Internal Corporate and event photography: $150-200/hour plus expenses (publicity and internal collateral use forever) ▹  External Corporate: $2500-3500/day plus expenses (for one year’s use) ▹  Catalog: $2500-3500/day plus expenses (use limited to that catalog) ▹  Advertising: $10,000/image plus expenses (1 year national advertising) ▹  A rough starting point – extrapolate from from there ▹  Hero image, supporting image (advertising) ▹  Many factors will add upward or downward pressure on value
  • 108. COMPUTING FEES: RULES OF THUMB ▹  Editorial: $500/day vs. $500/page plus expenses (one-time print use, concurrent web use) ▹  Internal Corporate and event photography: $150-200/hour plus expenses (publicity and internal collateral use forever) ▹  External Corporate: $2500-3500/day plus expenses (for one year’s use) ▹  Catalog: $2500-3500/day plus expenses (use limited to that catalog) ▹  Advertising: $10,000/image plus expenses (1 year national advertising) ▹  A rough starting point – extrapolate from from there ▹  Hero image, supporting image (advertising) ▹  Many factors will add upward or downward pressure on value ▹  Every situation is unique (photographer, client, shoot) prices can vary wildly
  • 109. COMPUTING FEES: SCALING Ad shoot National 1 year $10,000
  • 110. COMPUTING FEES: SCALING Ad shoot National 1 year $10,000 2 years
  • 111. COMPUTING FEES: SCALING Ad shoot National 1 year $10,000 2 years $15,000
  • 112. COMPUTING FEES: SCALING Ad shoot National 6 months $7000 1 year $10,000 2 years $15,000
  • 113. COMPUTING FEES: SCALING Ad shoot National International 6 months $7000 1 year $10,000 2 years $15,000
  • 114. COMPUTING FEES: SCALING Ad shoot National International 6 months $7000 $14,000 1 year $10,000 $20,000 2 years $15,000 $30,000
  • 115. COMPUTING FEES: SCALING Ad shoot Regional National International 6 months $3500 $7000 $14,000 1 year $5000 $10,000 $20,000 2 years $7500 $15,000 $30,000
  • 116. COMPUTING FEES: SCALING Ad shoot Regional National International 6 months $3500 $7000 $14,000 1 year $5000 $10,000 $20,000 2 years $7500 $15,000 $30,000 Can also scale type of use, number of pictures, etc.
  • 120. COMPUTING FEES: ASSIGNMENT VS. STOCK PRICING ▹  Stock pricing doesn’t always match assignment pricing ▹  Uniqueness, volume
  • 121. COMPUTING FEES: PRINT VS. DIGITAL ▹  Editorial: web and tablet typically included in base fee
  • 122. COMPUTING FEES: PRINT VS. DIGITAL ▹  Editorial: web and tablet typically included in base fee ▹  Commercial: still sorting out
  • 123. COMPUTING FEES: PRINT VS. DIGITAL ▹  Editorial: web and tablet typically included in base fee ▹  Commercial: still sorting out ▹  Case in point: Advertising in Time Magazine
  • 124. COMPUTING FEES: PRINT VS. DIGITAL ▹  Editorial: web and tablet typically included in base fee ▹  Commercial: still sorting out ▹  Case in point: Advertising in Time Magazine ▹  Print Version: full-page ad costs $170k (4m copies, 17m readers)
  • 125. COMPUTING FEES: PRINT VS. DIGITAL ▹  Editorial: web and tablet typically included in base fee ▹  Commercial: still sorting out ▹  Case in point: Advertising in Time Magazine ▹  Print Version: full-page ad costs $170k (4m copies, 17m readers) ▹  Website: $170k gets you 11m website impressions
  • 126. COMPUTING FEES: PRINT VS. DIGITAL ▹  Editorial: web and tablet typically included in base fee ▹  Commercial: still sorting out ▹  Case in point: Advertising in Time Magazine ▹  Print Version: full-page ad costs $170k (4m copies, 17m readers) ▹  Website: $170k gets you 11m website impressions ▹  Tablet: ads are no additional charge (audience only 25,000)
  • 127. COMPUTING EXPENSES Assistant (150.00 – 500.00/day)
  • 128. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Digital Fee (about 300.00 for a web gallery)
  • 129. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Digital Fee (about 300.00 for a web gallery) Reproduction File Prep (25.00 – 50.00)
  • 130. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Digital Fee (about 300.00 for a web gallery) Reproduction File Prep (25.00 – 50.00) Digital Tech (about 500.00/day + workstation)
  • 131. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Digital Fee (about 300.00 for a web gallery) Reproduction File Prep (25.00 – 50.00) Digital Tech (about 500.00/day + workstation) Retouching (150.00 - 250.00/hour)
  • 132. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Digital Fee (about 300.00 for a web gallery) Reproduction File Prep (25.00 – 50.00) Digital Tech (about 500.00/day + workstation) Retouching (150.00 - 250.00/hour) Producer (500.00 - 750.00/day)*
  • 133. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Digital Fee (about 300.00 for a web gallery) Reproduction File Prep (25.00 – 50.00) Digital Tech (about 500.00/day + workstation) Retouching (150.00 - 250.00/hour) Producer (500.00 - 750.00/day)* Hair/Make-Up (600.00 - 900.00/day)
  • 134. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Digital Fee (about 300.00 for a web gallery) Reproduction File Prep (25.00 – 50.00) Digital Tech (about 500.00/day + workstation) Retouching (150.00 - 250.00/hour) Producer (500.00 - 750.00/day)* Hair/Make-Up (600.00 - 900.00/day) Wardrobe Stylist (600.00 - 900.00/day)
  • 135. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Digital Fee (about 300.00 for a web gallery) Reproduction File Prep (25.00 – 50.00) Digital Tech (about 500.00/day + workstation) Retouching (150.00 - 250.00/hour) Producer (500.00 - 750.00/day)* Hair/Make-Up (600.00 - 900.00/day) Wardrobe Stylist (600.00 - 900.00/day) Prop Stylist (600.00 - 900.00/day)
  • 136. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Food Stylist (900.00 - 1200.00/day) + food Digital Fee (about 300.00 for a web gallery) Reproduction File Prep (25.00 – 50.00) Digital Tech (about 500.00/day + workstation) Retouching (150.00 - 250.00/hour) Producer (500.00 - 750.00/day)* Hair/Make-Up (600.00 - 900.00/day) Wardrobe Stylist (600.00 - 900.00/day) Prop Stylist (600.00 - 900.00/day)
  • 137. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Food Stylist (900.00 - 1200.00/day) + food Digital Fee (about 300.00 for a web gallery) Studio Rental (500.00 - 1500.00/day) Reproduction File Prep (25.00 – 50.00) Digital Tech (about 500.00/day + workstation) Retouching (150.00 - 250.00/hour) Producer (500.00 - 750.00/day)* Hair/Make-Up (600.00 - 900.00/day) Wardrobe Stylist (600.00 - 900.00/day) Prop Stylist (600.00 - 900.00/day)
  • 138. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Food Stylist (900.00 - 1200.00/day) + food Digital Fee (about 300.00 for a web gallery) Studio Rental (500.00 - 1500.00/day) Reproduction File Prep (25.00 – 50.00) Location Scout (700.00 - 800.00/day) Digital Tech (about 500.00/day + workstation) Retouching (150.00 - 250.00/hour) Producer (500.00 - 750.00/day)* Hair/Make-Up (600.00 - 900.00/day) Wardrobe Stylist (600.00 - 900.00/day) Prop Stylist (600.00 - 900.00/day)
  • 139. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Food Stylist (900.00 - 1200.00/day) + food Digital Fee (about 300.00 for a web gallery) Studio Rental (500.00 - 1500.00/day) Reproduction File Prep (25.00 – 50.00) Location Scout (700.00 - 800.00/day) Digital Tech (about 500.00/day + workstation) Cameras, lighting, grip Retouching (150.00 - 250.00/hour) Producer (500.00 - 750.00/day)* Hair/Make-Up (600.00 - 900.00/day) Wardrobe Stylist (600.00 - 900.00/day) Prop Stylist (600.00 - 900.00/day)
  • 140. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Food Stylist (900.00 - 1200.00/day) + food Digital Fee (about 300.00 for a web gallery) Studio Rental (500.00 - 1500.00/day) Reproduction File Prep (25.00 – 50.00) Location Scout (700.00 - 800.00/day) Digital Tech (about 500.00/day + workstation) Cameras, lighting, grip Retouching (150.00 - 250.00/hour) Wardrobe, Props, Backgrounds Producer (500.00 - 750.00/day)* Hair/Make-Up (600.00 - 900.00/day) Wardrobe Stylist (600.00 - 900.00/day) Prop Stylist (600.00 - 900.00/day)
  • 141. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Food Stylist (900.00 - 1200.00/day) + food Digital Fee (about 300.00 for a web gallery) Studio Rental (500.00 - 1500.00/day) Reproduction File Prep (25.00 – 50.00) Location Scout (700.00 - 800.00/day) Digital Tech (about 500.00/day + workstation) Cameras, lighting, grip Retouching (150.00 - 250.00/hour) Wardrobe, Props, Backgrounds Producer (500.00 - 750.00/day)* Location Fees, Models*, Casting Hair/Make-Up (600.00 - 900.00/day) Wardrobe Stylist (600.00 - 900.00/day) Prop Stylist (600.00 - 900.00/day)
  • 142. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Food Stylist (900.00 - 1200.00/day) + food Digital Fee (about 300.00 for a web gallery) Studio Rental (500.00 - 1500.00/day) Reproduction File Prep (25.00 – 50.00) Location Scout (700.00 - 800.00/day) Digital Tech (about 500.00/day + workstation) Cameras, lighting, grip Retouching (150.00 - 250.00/hour) Wardrobe, Props, Backgrounds Producer (500.00 - 750.00/day)* Location Fees, Models*, Casting Hair/Make-Up (600.00 - 900.00/day) Certificate of Insurance, Permits Wardrobe Stylist (600.00 - 900.00/day) Prop Stylist (600.00 - 900.00/day)
  • 143. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Food Stylist (900.00 - 1200.00/day) + food Digital Fee (about 300.00 for a web gallery) Studio Rental (500.00 - 1500.00/day) Reproduction File Prep (25.00 – 50.00) Location Scout (700.00 - 800.00/day) Digital Tech (about 500.00/day + workstation) Cameras, lighting, grip Retouching (150.00 - 250.00/hour) Wardrobe, Props, Backgrounds Producer (500.00 - 750.00/day)* Location Fees, Models*, Casting Hair/Make-Up (600.00 - 900.00/day) Certificate of Insurance, Permits Wardrobe Stylist (600.00 - 900.00/day) Meals, Catering, Mileage, Parking, Tolls Prop Stylist (600.00 - 900.00/day)
  • 144. COMPUTING EXPENSES Assistant (150.00 – 500.00/day) Food Stylist (900.00 - 1200.00/day) + food Digital Fee (about 300.00 for a web gallery) Studio Rental (500.00 - 1500.00/day) Reproduction File Prep (25.00 – 50.00) Location Scout (700.00 - 800.00/day) Digital Tech (about 500.00/day + workstation) Cameras, lighting, grip Retouching (150.00 - 250.00/hour) Wardrobe, Props, Backgrounds Producer (500.00 - 750.00/day)* Location Fees, Models*, Casting Hair/Make-Up (600.00 - 900.00/day) Certificate of Insurance, Permits Wardrobe Stylist (600.00 - 900.00/day) Meals, Catering, Mileage, Parking, Tolls Prop Stylist (600.00 - 900.00/day) Vehicle Rental, Hotels, Airfare, Cabs, Tips
  • 145. Client needs a quote? Ask the right questions.
  • 146. QUESTIONS: GENERAL ▹  CREATIVE ▹  PRODUCTION ▹  USAGE
  • 147. QUESTIONS: GENERAL ▹  CREATIVE - What pictures do we need to make? ▹  PRODUCTION ▹  USAGE
  • 148. QUESTIONS: GENERAL ▹  CREATIVE - What pictures do we need to make? ▹  PRODUCTION - What do we have to do to make them? ▹  USAGE
  • 149. QUESTIONS: GENERAL ▹  CREATIVE - What pictures do we need to make? ▹  PRODUCTION - What do we have to do to make them? ▹  USAGE - How will the pictures be used?
  • 150. QUESTIONS: GENERAL ▹  CREATIVE - What pictures do we need to make? ▹  PRODUCTION - What do we have to do to make them? ▹  USAGE - How will the pictures be used? ▹  Some questions you’ll ask the client, others you’ll ask yourself.
  • 151. QUESTIONS: SPECIFIC ▹  What’s the shoot concept?
  • 152. QUESTIONS: SPECIFIC ▹  What’s the shoot concept? ▹  What are we trying to say?
  • 153. QUESTIONS: SPECIFIC ▹  What’s the shoot concept? ▹  What are we trying to say? ▹  Who is the audience?
  • 154. QUESTIONS: SPECIFIC ▹  What’s the shoot concept? ▹  What are we trying to say? ▹  Who is the audience? ▹  Do you have a shot list, comps?
  • 155. QUESTIONS: SPECIFIC ▹  What’s the shoot concept? ▹  What are we trying to say? ▹  Who is the audience? ▹  Do you have a shot list, comps? ▹  Who is the client?
  • 156. QUESTIONS: SPECIFIC ▹  What’s the shoot concept? ▹  What are we trying to say? ▹  Who is the audience? ▹  Do you have a shot list, comps? ▹  Who is the client? ▹  What type of use (publicity, collateral, advertising)?
  • 157. QUESTIONS: SPECIFIC ▹  What’s the shoot concept? ▹  What are we trying to say? ▹  Who is the audience? ▹  Do you have a shot list, comps? ▹  Who is the client? ▹  What type of use (publicity, collateral, advertising)? ▹  How many photos do you expect to use and at what size?
  • 158. QUESTIONS: SPECIFIC ▹  What’s the shoot concept? ▹  What are we trying to say? ▹  Who is the audience? ▹  Do you have a shot list, comps? ▹  Who is the client? ▹  What type of use (publicity, collateral, advertising)? ▹  How many photos do you expect to use and at what size? ▹  Cover, inside (corporate, editorial)?
  • 159. QUESTIONS: SPECIFIC ▹  What’s the shoot concept? ▹  What are we trying to say? ▹  Who is the audience? ▹  Do you have a shot list, comps? ▹  Who is the client? ▹  What type of use (publicity, collateral, advertising)? ▹  How many photos do you expect to use and at what size? ▹  Cover, inside (corporate, editorial)? ▹  Media buy - newspapers, magazines, billboards, POP, web, tablet (advertising)?
  • 160. QUESTIONS: SPECIFIC ▹  How long (one time, one year, forever)?
  • 161. QUESTIONS: SPECIFIC ▹  How long (one time, one year, forever)? ▹  Geographic area (local, regional, national, international)?
  • 162. QUESTIONS: SPECIFIC ▹  How long (one time, one year, forever)? ▹  Geographic area (local, regional, national, international)? ▹  What's the circulation (or print run) of the publication (editorial, corporate)?
  • 163. QUESTIONS: SPECIFIC ▹  How long (one time, one year, forever)? ▹  Geographic area (local, regional, national, international)? ▹  What's the circulation (or print run) of the publication (editorial, corporate)? ▹  How many insertions and in what publications (advertising)?
  • 164. QUESTIONS: SPECIFIC ▹  How long (one time, one year, forever)? ▹  Geographic area (local, regional, national, international)? ▹  What's the circulation (or print run) of the publication (editorial, corporate)? ▹  How many insertions and in what publications (advertising)? ▹  How long will you want the photos to be exclusive?
  • 165. QUESTIONS: SPECIFIC ▹  How long (one time, one year, forever)? ▹  Geographic area (local, regional, national, international)? ▹  What's the circulation (or print run) of the publication (editorial, corporate)? ▹  How many insertions and in what publications (advertising)? ▹  How long will you want the photos to be exclusive? ▹  What level of production is appropriate (hair/make-up, wardrobe, props)?
  • 166. QUESTIONS: SPECIFIC ▹  How long (one time, one year, forever)? ▹  Geographic area (local, regional, national, international)? ▹  What's the circulation (or print run) of the publication (editorial, corporate)? ▹  How many insertions and in what publications (advertising)? ▹  How long will you want the photos to be exclusive? ▹  What level of production is appropriate (hair/make-up, wardrobe, props)? ▹  Can you tell me who else is quoting on the job?
  • 167. QUESTIONS: SPECIFIC ▹  How long (one time, one year, forever)? ▹  Geographic area (local, regional, national, international)? ▹  What's the circulation (or print run) of the publication (editorial, corporate)? ▹  How many insertions and in what publications (advertising)? ▹  How long will you want the photos to be exclusive? ▹  What level of production is appropriate (hair/make-up, wardrobe, props)? ▹  Can you tell me who else is quoting on the job? ▹  Have you established a budget?
  • 168. QUESTIONS: SPECIFIC ▹  How long (one time, one year, forever)? ▹  Geographic area (local, regional, national, international)? ▹  What's the circulation (or print run) of the publication (editorial, corporate)? ▹  How many insertions and in what publications (advertising)? ▹  How long will you want the photos to be exclusive? ▹  What level of production is appropriate (hair/make-up, wardrobe, props)? ▹  Can you tell me who else is quoting on the job? ▹  Have you established a budget? ▹  How many shoot days does the job require?
  • 169. QUESTIONS: FOR YOU ▹  Your contract or theirs?
  • 170. QUESTIONS: FOR YOU ▹  Your contract or theirs? ▹  Is the intended use different from the licensing they're asking for?
  • 171. QUESTIONS: FOR YOU ▹  Your contract or theirs? ▹  Is the intended use different from the licensing they're asking for? ▹  Are there special technical or creative skills required for the job?
  • 172. QUESTIONS: FOR YOU ▹  Your contract or theirs? ▹  Is the intended use different from the licensing they're asking for? ▹  Are there special technical or creative skills required for the job? ▹  How complex or difficult is the job?
  • 173. QUESTIONS: FOR YOU ▹  Your contract or theirs? ▹  Is the intended use different from the licensing they're asking for? ▹  Are there special technical or creative skills required for the job? ▹  How complex or difficult is the job? ▹  How many of your competitors could do the job?
  • 174. QUESTIONS: FOR YOU ▹  Your contract or theirs? ▹  Is the intended use different from the licensing they're asking for? ▹  Are there special technical or creative skills required for the job? ▹  How complex or difficult is the job? ▹  How many of your competitors could do the job? ▹  What’s in it for you? (portfolio, experience, relationship, money)
  • 175. QUESTIONS: FOR YOU ▹  Your contract or theirs? ▹  Is the intended use different from the licensing they're asking for? ▹  Are there special technical or creative skills required for the job? ▹  How complex or difficult is the job? ▹  How many of your competitors could do the job? ▹  What’s in it for you? (portfolio, experience, relationship, money) ▹  Will this job yield valuable stock photos?
  • 176. QUESTIONS: FOR YOU ▹  Your contract or theirs? ▹  Is the intended use different from the licensing they're asking for? ▹  Are there special technical or creative skills required for the job? ▹  How complex or difficult is the job? ▹  How many of your competitors could do the job? ▹  What’s in it for you? (portfolio, experience, relationship, money) ▹  Will this job yield valuable stock photos? ▹  Can you do it on your schedule or do you have to do it on theirs?
  • 177. QUESTIONS: FOR YOU ▹  Your contract or theirs? ▹  Is the intended use different from the licensing they're asking for? ▹  Are there special technical or creative skills required for the job? ▹  How complex or difficult is the job? ▹  How many of your competitors could do the job? ▹  What’s in it for you? (portfolio, experience, relationship, money) ▹  Will this job yield valuable stock photos? ▹  Can you do it on your schedule or do you have to do it on theirs? ▹  How busy are you?
  • 178. QUESTIONS: FOR YOU ▹  Your contract or theirs? ▹  Is the intended use different from the licensing they're asking for? ▹  Are there special technical or creative skills required for the job? ▹  How complex or difficult is the job? ▹  How many of your competitors could do the job? ▹  What’s in it for you? (portfolio, experience, relationship, money) ▹  Will this job yield valuable stock photos? ▹  Can you do it on your schedule or do you have to do it on theirs? ▹  How busy are you? ▹  Do I need a signature or will an email confirmation suffice?
  • 179. “Why can’t we use the pictures any way we want?”
  • 180. RESPONDING TO “ANY WAY WE WANT” ▹  Broader usage is more expensive, narrower usage is less expensive
  • 181. RESPONDING TO “ANY WAY WE WANT” ▹  Broader usage is more expensive, narrower usage is less expensive ▹  Provide a licensing agreement that fits their budget
  • 182. RESPONDING TO “ANY WAY WE WANT” ▹  Broader usage is more expensive, narrower usage is less expensive ▹  Provide a licensing agreement that fits their budget ▹  Sometimes a client wants to hide how they plan to use the pictures
  • 183. RESPONDING TO “ANY WAY WE WANT” ▹  Broader usage is more expensive, narrower usage is less expensive ▹  Provide a licensing agreement that fits their budget ▹  Sometimes a client wants to hide how they plan to use the pictures ▹  Other times, they just don’t know
  • 184. RESPONDING TO “ANY WAY WE WANT” ▹  Broader usage is more expensive, narrower usage is less expensive ▹  Provide a licensing agreement that fits their budget ▹  Sometimes a client wants to hide how they plan to use the pictures ▹  Other times, they just don’t know ▹  Mostly, they’re looking for convenience
  • 185. RESPONDING TO “ANY WAY WE WANT” ▹  Broader usage is more expensive, narrower usage is less expensive ▹  Provide a licensing agreement that fits their budget ▹  Sometimes a client wants to hide how they plan to use the pictures ▹  Other times, they just don’t know ▹  Mostly, they’re looking for convenience ▹  Send two pricing options
  • 186. RESPONDING TO “ANY WAY WE WANT” ▹  Broader usage is more expensive, narrower usage is less expensive ▹  Provide a licensing agreement that fits their budget ▹  Sometimes a client wants to hide how they plan to use the pictures ▹  Other times, they just don’t know ▹  Mostly, they’re looking for convenience ▹  Send two pricing options ▹  Don’t let a client tell you you can’t charge for usage (don’t be intimidated)
  • 187. RESPONDING TO “ANY WAY WE WANT” ▹  What does your client really need? Structure “unlimited” in a limited way
  • 188. RESPONDING TO “ANY WAY WE WANT” ▹  What does your client really need? Structure “unlimited” in a limited way ▹  Work for hire/transfer of copyright/buyout
  • 189. RESPONDING TO “ANY WAY WE WANT” ▹  What does your client really need? Structure “unlimited” in a limited way ▹  Work for hire/transfer of copyright/buyout ▹  Any type of use, any medium, worldwide, forever, exclusive forever
  • 190. RESPONDING TO “ANY WAY WE WANT” ▹  What does your client really need? Structure “unlimited” in a limited way ▹  Work for hire/transfer of copyright/buyout ▹  Any type of use, any medium, worldwide, forever, exclusive forever ▹  Publicity, collateral and advertising use, any medium, worldwide, forever, limited exclusivity
  • 191. RESPONDING TO “ANY WAY WE WANT” ▹  What does your client really need? Structure “unlimited” in a limited way ▹  Work for hire/transfer of copyright/buyout ▹  Any type of use, any medium, worldwide, forever, exclusive forever ▹  Publicity, collateral and advertising use, any medium, worldwide, forever, limited exclusivity ▹  Maybe they need to use it everywhere but for a limited period of time
  • 192. RESPONDING TO “ANY WAY WE WANT” ▹  What does your client really need? Structure “unlimited” in a limited way ▹  Work for hire/transfer of copyright/buyout ▹  Any type of use, any medium, worldwide, forever, exclusive forever ▹  Publicity, collateral and advertising use, any medium, worldwide, forever, limited exclusivity ▹  Maybe they need to use it everywhere but for a limited period of time ▹  Maybe they need to use it forever, but just in one region
  • 194. NEGOTIATING TIPS ▹  Put it in your own words
  • 195. NEGOTIATING TIPS ▹  Put it in your own words ▹  Negotiating is about finding a “win/win”
  • 196. NEGOTIATING TIPS ▹  Put it in your own words ▹  Negotiating is about finding a “win/win” ▹  It doesn’t need to be contentious or adversarial
  • 197. NEGOTIATING TIPS ▹  Put it in your own words ▹  Negotiating is about finding a “win/win” ▹  It doesn’t need to be contentious or adversarial ▹  Don’t give up something for nothing (licensing/fee/expenses)
  • 198. NEGOTIATING TIPS ▹  Put it in your own words ▹  Negotiating is about finding a “win/win” ▹  It doesn’t need to be contentious or adversarial ▹  Don’t give up something for nothing (licensing/fee/expenses) ▹  Never give a price quote over the phone
  • 199. NEGOTIATING TIPS ▹  Put it in your own words ▹  Negotiating is about finding a “win/win” ▹  It doesn’t need to be contentious or adversarial ▹  Don’t give up something for nothing (licensing/fee/expenses) ▹  Never give a price quote over the phone ▹  Working for free or for cheap
  • 200. NEGOTIATING TIPS ▹  Put it in your own words ▹  Negotiating is about finding a “win/win” ▹  It doesn’t need to be contentious or adversarial ▹  Don’t give up something for nothing (licensing/fee/expenses) ▹  Never give a price quote over the phone ▹  Working for free or for cheap ▹  Does the intended use match the licensing?
  • 201. NEGOTIATING TIPS ▹  Put it in your own words ▹  Negotiating is about finding a “win/win” ▹  It doesn’t need to be contentious or adversarial ▹  Don’t give up something for nothing (licensing/fee/expenses) ▹  Never give a price quote over the phone ▹  Working for free or for cheap ▹  Does the intended use match the licensing? ▹  Production responsibilities (what can your client do to help?)
  • 202. NEGOTIATING TIPS ▹  Bid vs. Estimate (heads I win, tails you lose)
  • 203. NEGOTIATING TIPS ▹  Bid vs. Estimate (heads I win, tails you lose) ▹  Draw a box around the usage you want to allow for a certain price
  • 204. NEGOTIATING TIPS ▹  Bid vs. Estimate (heads I win, tails you lose) ▹  Draw a box around the usage you want to allow for a certain price ▹  Avoid vague terms like “buyout” and “unlimited”
  • 205. NEGOTIATING TIPS ▹  Bid vs. Estimate (heads I win, tails you lose) ▹  Draw a box around the usage you want to allow for a certain price ▹  Avoid vague terms like “buyout” and “unlimited” ▹  Be clear when you use the terms “digital” or “print”
  • 206. NEGOTIATING TIPS ▹  Bid vs. Estimate (heads I win, tails you lose) ▹  Draw a box around the usage you want to allow for a certain price ▹  Avoid vague terms like “buyout” and “unlimited” ▹  Be clear when you use the terms “digital” or “print” ▹  Web isn’t a usage, it’s a medium
  • 207. NEGOTIATING TIPS ▹  Bid vs. Estimate (heads I win, tails you lose) ▹  Draw a box around the usage you want to allow for a certain price ▹  Avoid vague terms like “buyout” and “unlimited” ▹  Be clear when you use the terms “digital” or “print” ▹  Web isn’t a usage, it’s a medium ▹  Low bid doesn’t always get the job
  • 208. NEGOTIATING TIPS ▹  Bid vs. Estimate (heads I win, tails you lose) ▹  Draw a box around the usage you want to allow for a certain price ▹  Avoid vague terms like “buyout” and “unlimited” ▹  Be clear when you use the terms “digital” or “print” ▹  Web isn’t a usage, it’s a medium ▹  Low bid doesn’t always get the job ▹  Share pricing information with other photographers
  • 209. NEGOTIATING TIPS ▹  Bid vs. Estimate (heads I win, tails you lose) ▹  Draw a box around the usage you want to allow for a certain price ▹  Avoid vague terms like “buyout” and “unlimited” ▹  Be clear when you use the terms “digital” or “print” ▹  Web isn’t a usage, it’s a medium ▹  Low bid doesn’t always get the job ▹  Share pricing information with other photographers ▹  Ignorance drives down prices
  • 210. NEGOTIATING TIPS ▹  Bid vs. Estimate (heads I win, tails you lose) ▹  Draw a box around the usage you want to allow for a certain price ▹  Avoid vague terms like “buyout” and “unlimited” ▹  Be clear when you use the terms “digital” or “print” ▹  Web isn’t a usage, it’s a medium ▹  Low bid doesn’t always get the job ▹  Share pricing information with other photographers ▹  Ignorance drives down prices ▹  If you’re not willing to turn down a bad deal, you have no negotiating leverage
  • 211. Case Study The Penn Stater Magazine Cover Shoot
  • 212. - Brothers. Star basketball players. - Cover, opener, table of contents. - Posed, in action, with their family. - What would you charge?
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  • 227. - Brothers who run online wine company - One inside picture. Full page. - White background. - Sitting on wine crates. - With and without wine glasses
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  • 240. -  2-day corporate event in Florida -  Medium-sized Connecticut corporation -  Medium-sized UK graphic design firm -  Veteran Florida-based photographer -  What would you charge?
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  • 259. -  Large New York ad agency -  Medium-sized brand (part of big company) -  3 ads (3 different models, each with prop) -  1 day in studio - 1 year consumer pubs, POS, direct mail, collateral, internet
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  • 283. Case Study USAA Magazine Cover Shoot
  • 284. - “Mug shot” concept with kids - To illustrate story on identity theft - Individual mug shot, line-up, seamless - (USAA offers financial services for veterans and their families) - What would you charge?
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