How to Charge for your Event Planning Services: Pricing Tips for Event Planner & Wedding Planners
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- Опубліковано 11 жов 2024
- If you're pricing your event planning service based on your competitors, or better yet charging without a clear pricing strategy, this video is for you.
I'm sharing the ultimate pricing strategy and tool to help you determine the optimal price for your event planning service. If you're ready to charge at your maximum profit point while delivering the amazing standard you already do, watch this video and take notes. This is perfect for event planners, wedding planners and party planners alike.
MENTIONED IN THIS VIDEO:
1. Event Planner Pricing Calculator - www.eventplann...
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This was so great! Thank you Jody!
@@katinacrump-ivory158 Happy to help!
Thanks so much for this Jody- Ann. Great reminder as sometimes I feel like I'm undercharging and I need to step up my costs especially based on the time I spend with my brides as well as my experience.
You are so welcome!
What are some staple items you should buy and other items you should rent? Could you share your thoughts. Thanks!
I believe in purchasing based on your client demands. There are basic items that never fail such as white linens, but you'll often encounter clients who may wish to decorate with very different items.
The profit percentage is calculated on what total ?
Total cost once you've accounted for all your expenses
So when you do percentage pricing…do you charge for consultation? Or when do you expect to receive payment ?
Your fee is the percentage. You can still structure your payments to includes staged payments for example a deposit and payments after that
When you have the total profit margin, how would that look on the invoice?
Can you explain?
0-20% of what? I didn't get that part. e.g. all the other costs are 6000, what is the Value price we add?
Cost
Thank you so much ma, am glad I visited your page today, I just stubble on the page now, and it has really been very helpful to me. Because I just started event management and I really need guilds am sure of what am getting into, but I was scared, but with this videos have seen today, am super excited ❤❤❤ thank you once more 🙏🏻
God bless you
Happy to help!
Hi thanks for short video. I’m an aspiring event planner. Need to do a Q&A with you. Please reply so I can take it to the next step
Anytime
@@EventCertificate lets start xoxo
Can you also Do a video for event designers and pricing because we also have to incorporate the cost of supplies and decorations.
Where do you find you're struggling?
Great information per usual 👏👏👏
Glad you think so!
Can you break them down like by guests,
Your cost would naturally increase based on the guest count if you're providing more than just planning. For example if you're providing the decor.... higher guest counts will mean more tables...invitations etc... which would all get captured in your costs. Let me know if that makes sense
@Event Certificate yes def.
@Event Certificate I think I'm confused when it comes to this sometimes, because I'm just starting out but I've done events before, mostly last minute but now I'm looking for my own venue.
@@TheLogicRoom Not well versed on the venue piece but check out Bonnie Hawthorne.. she does an amazing job coaching venue owners or aspiring owners