http://www.fundysos.com Design better, work faster, increase profits Thu, 21 Oct 2010 03:50:58 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 http://www.fundysos.com/2010/09/dont-lose-money-price-your-albums-well/ http://www.fundysos.com/2010/09/dont-lose-money-price-your-albums-well/#comments Tue, 21 Sep 2010 21:49:04 +0000 "Fundy" http://www.prophotosos.com/?p=496 Use the free calculator here. This week I got another call for help on Album Pricing. Here is a quick tutorial on how to price your albums. It is simply a matter of doing the math. On of the first things you need to figure out is how many pages you can design an hour. Let’s say it is 8 pages per hour. Then let’s say you want to make $40 an hour for your design time. $40/8=$5. So your cost per page for design is $5. Now we do a little math. These are examples. Cost of the album = $200 Base pages in album = 20 (it comes with 20 pages) Cost for extra spread = $6 Shipping =$15 Now these are our base costs. $200+($6×20)+$15= $335 The album cost, plus design time, plus shipping. Let’s say we add another 10 pages. The album company charges us $30 more and we add on another $60 for our design time. Now we are up to a total cost of $425. Then we just use our retail markup of 30% cost of goods. $425/0.30 = $1420 So, our base retail price for this album would be $1420 for an average photographer in an average studio. Feel you need to charge less? Then you are just not paying yourself for design time I don’t know about you, but working for free is no fun! If you want to automate this, we have a free pricing calculator sheet here.]]> http://www.fundysos.com/2010/09/dont-lose-money-price-your-albums-well/feed/ 1 http://www.fundysos.com/2010/09/which-mini-van-sells-most-what-does-this-mean-to-you/ http://www.fundysos.com/2010/09/which-mini-van-sells-most-what-does-this-mean-to-you/#comments Sun, 12 Sep 2010 03:54:25 +0000 "Fundy" http://www.prophotosos.com/?p=487 Honda Odyssey options. They have four tiers. Guess which two of the four are the best sellers? Yep, the middle two. What does this mean to you as a small business owner? ]]> http://www.fundysos.com/2010/09/which-mini-van-sells-most-what-does-this-mean-to-you/feed/ 0