How Do I Accurately Price A Drone Mapping Job?
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- Опубліковано 2 жов 2024
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Today, we reveal pricing strategies for drone mapping professionals. We start this show by discussing the basics. What are some common mistakes the drone mappers make when bidding for a job? Can you come with a pricing formula so that you can accurately estimate your efforts and costs?
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Timestamps
01:32 - Today’s question is about pricing your drone mapping jobs
02:52 - Let’s start with the basics - be aware of these facts so that you don’t underbid and lose money
07:04 - How to vary your pricing according to your deliverable
07:15 - Can you come up with a pricing formula?
11:38 - What is Paul’s favorite (and most profitable) mapping deliverable? 13:30 - Variables that you should consider while pricing your drone mapping job
15:43 - Paul shares that creating an orthomosaic for a fairground using Pix4D React can be incredibly lucrative
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Think you guys go off track too much on this video without answering question....
How to price mapping jobs?
I don't believe we got a sold answer, I'm still didn't get anything out of it. Keep up what you do.
That's because there is no "solid" answer because your local economy is different than theirs, mine, and anyone else who offers three deliverable your pricing.That's just one of an uncountable number of variables which will have some potential impacts on what you need and what your potential clients are capable and willing to pay. Products catagorized as commodities are really the only types of products which you'd see using anything close to a true universal fixed pricing structure across the board. For instance, on a given day and time, a barrel of oil will cost the same for someone in Tulsa as for someone in Hong Kong. Some service commodities are based on a simplified fixed pricing (Netflix, H&R Block), but not always (Uber, Personal Trainers). It's difficult for me to imagine the commercial drone services industry evolving into a service commodity economy, but that doesn't mean anything. I couldn't see a first stage section rocket launching to deliver their second stage and payloads into low Earth orbit and then fly back down to Earth, autonomously land on an autonomous boat, doing so in it's ass, and then after a quick hose off go do it all again. I thought that was unfeasible, but it happened.
Lol these guys are kings of rambling and never really answering the question that the video title asks.
Could you guys do a video on drone mapping prices? Thanks 😊
For something like event planning, why would clipping out a photo from Google Earth work?
Well, the biggest variable to me is geography. I mean, we all can have similar costs, this is somewhat true given the subscription costs of software etc However, the region and what price a market will support in that region varies widely. Simply put, some areas are early adopters of emerging tech and some are not. For instance, crop mapping is definitely a thing in Iowa. In NC.... that's pretty much a hard no for the majority of the state. Same for other types of mapping.
instablaster.
I dont think fairgrounds anywhere would spend that mich for a detailed ortho when a Google Maps overhead is fine for any applications for event layouts… or am I wrong?
100%
Good talk
I used to work for the family of the original Price Club, which was bought by Costco, and was the admitted model upon which Walmart and Sam's Club were created. Sal Price the founder, was always telling our vendors, "GET ACCURATE COSTS OF YOUR PROCESS". This was first, so you will not go broke, but also- so you can remain sustainably competitive! On another level this helped the vendors to design products for certain market sectors for the variety of "deliverables" they could manufacture outside of the COSTCO customer base.. Forgive me for interchanging PRODUCTS with DELIVERABLES but it is what we sell as DSP's. So your comments as to being honest with ourselves with costs, when we sit down to do this is key to success. We then have to analyze what is the value of a specific deliverable to the specific user. Then you will be confronted with the reality of what is the competition pricing their deliverable. So it is an iterative process, involving tweaking the deliverable and its cost components to fit the demands and the price the clients will in fact be willing to pay. So it does/is sound complicated but as long as you do have your costs and makert data points accurate you will get it done in a reasonable period of time. Sure we could do just what the competition is doing, if we want a fast answer. But folks to be honest with you, I have not found a lot of SMART competitors. So to base my business model on repeating other people's wrong answers is not advisable...LOL Then after that, is the ART of Selling these Differentiated Products to the right targeted customer. I call it an art, even though there is a lot of factual and intent backed by research to the process. The ART comes in the how we get/motivate that "CLOSE" and final commitment from the customer to engage our services. If you follow Rob's and Paul's jest in this podcast you will be pointed in the right direction.
Nice video. How do you recommend getting your first clients? I'm interested in starting with Orthomosaics, both georeferenced and non but not sure where to start to get clients
Drone u - flyin - Say's it's held April 4-5, 2020. That has already passed. When is the next one?
Great Post.
You guys are awesome, just became a year long member. Have watched many of your u tube videos,to say you've educated and inspired me already, is an understatement. Thanks, looking forward to the deep dive.