fb

Home » Blog » Photography Pricing: How to Price Your Services Profitably

Photography Pricing: How to Price Your Services Profitably

By Jeff Brown

One of the most difficult decisions for a photography business is deciding what to charge.




Set your prices too low and you can end up working constantly without generating enough profit to sustain the business. Set them without understanding your market or your costs and you may struggle to attract the clients you want to work with.

Then there are the conversations every photographer eventually has:

“Can you do it any cheaper?”

“Your competitor has quoted less.”

“Could you include a few more photographs for the same price?”

It’s tempting to reduce your price simply to secure the booking.

But before you do, it’s worth stepping back and looking at what that discount actually means for your business.

Start with what your photography business needs to earn

Your photography pricing shouldn’t begin with what you think a client will pay.

It should begin with understanding what your business needs to generate.

Start by working out your regular business costs.

These might include:

  • insurance
  • equipment and equipment replacement
  • software subscriptions
  • website and hosting
  • studio or premises costs
  • marketing
  • advertising
  • travel
  • accounting
  • professional memberships
  • printing and presentation
  • professional training
  • editing and outsourcing
  • finance and equipment payments

Then consider the costs that vary with individual jobs.

A wedding might involve significant travel and album costs. A commercial shoot could involve assistants, studio hire or specialist equipment. A portrait session might involve prints, framing or other products.

Once you understand your costs, you can start calculating what you actually need to earn.

Don’t confuse turnover with profit

A photography business can generate plenty of sales and still struggle financially.

If you photograph ten sessions at £200 each, you’ve generated £2,000 in turnover.

But that isn’t £2,000 of income for you.

You still have to account for the costs involved in delivering those sessions and the wider costs of running your business.

This is why photographers need to understand profit, rather than simply looking at how much money is coming into the bank.

A useful starting point is to calculate your monthly break-even figure.

Your break-even point

Your break-even point is the amount your business needs to generate to cover its costs before you start generating profit.

For example, imagine your average monthly business costs are £2,000.

If your average booking generates £500 after the direct costs associated with delivering it, you’d need four bookings simply to cover that £2,000.

That doesn’t necessarily mean four bookings is your target.

You also need to pay yourself.

Your pricing therefore needs to account for both the business and the income you need from it.

The exact calculation will be different for every photographer, but understanding your numbers gives you something much more useful than guessing what your competitors charge.

Remember that your time has a value

One of the easiest mistakes to make when pricing photography is thinking only about the time spent taking the photographs.

A two-hour portrait session isn’t necessarily a two-hour job.

You might also spend time:

  • answering enquiries
  • preparing for the session
  • travelling
  • setting up
  • photographing
  • backing up files
  • culling
  • editing
  • preparing galleries
  • speaking to the client
  • creating products
  • ordering prints
  • delivering the finished work
  • invoicing
  • marketing the business

A job that appears to take two hours might actually consume five, six or more hours of your working time.

That’s why comparing photography prices without understanding what is included can be misleading.

The photographer charging £300 might be offering a completely different service from the photographer charging £800.

Don’t automatically match your competitors

Knowing what other photographers charge can be useful research.

But copying their prices isn’t a pricing strategy.

You don’t know:

  • what their costs are
  • how much experience they have
  • how efficiently they work
  • what is included in their packages
  • how much they need to earn
  • whether photography is their full-time business
  • what their business model looks like
  • whether their prices are actually profitable

Instead, use competitor research to understand the market rather than to decide exactly what you should charge.

Your own costs, positioning, experience, service and target customer all matter.

What happens when a client asks for a discount?

This is where many photographers become uncomfortable.

A potential client likes your work, but says your price is too high.

Your first instinct might be to reduce the price.

Before doing that, ask a question:

What exactly is the client asking for?

Are they saying that they don’t understand the value?

Is the package outside their budget?

Do they want something you don’t actually need to include?

Are they comparing your service with another photographer?

Or are they simply testing whether your published price is negotiable?

These are different problems and shouldn’t necessarily receive the same response.

Don’t confuse price with value

If a client says, “That’s more than I wanted to spend”, reducing your price isn’t always the best answer.

You might instead explain what is included.

For example, if your portrait service includes the session, professional editing, a viewing appointment and finished wall art, explain the complete experience rather than defending a single number.

Clients need to understand what they are buying.

That doesn’t mean trying to convince someone that they should spend money they don’t have.

Sometimes your service simply isn’t within their budget.

That’s okay.

A sustainable business cannot be built by making every possible customer fit every possible price.

Consider changing the package instead of cutting the price

There is an important difference between discounting and changing the offer.

Suppose your photography package includes:

  • a two-hour session
  • 20 finished images
  • a printed product
  • a viewing appointment

A client asks whether you can reduce the price.

Instead of simply taking money off, you could consider whether there is a smaller package that genuinely costs you less time or money to deliver.

For example, perhaps a shorter session with fewer finished images is a better fit.

The key is that you’re changing the scope of the service, rather than simply reducing the value of your existing package.

This gives the client a choice without automatically telling them that your original price was too high.

Adding value isn’t the same as giving away everything

There are also circumstances where adding something extra makes sense.

Perhaps a particular product costs you relatively little but has a high perceived value to the customer.

However, calculate the numbers first.

If you offer something worth £200 to the client but it costs your business £150 to provide, you’ve effectively discounted your service by £150.

“Adding value” only works as a pricing strategy when you understand your actual costs.

Don’t give away products simply because you are uncomfortable saying no to a discount request.

Your packages should have a purpose

Photography packages can make pricing easier for both you and the client.

Rather than creating a huge list of individual prices, consider offering a small number of clearly defined options.

For example:

Essential
A straightforward option for clients who want the core service.

Signature
A more comprehensive experience with additional photographs or products.

Premium
A higher-end option with additional service, products or time.

The names don’t matter.

What matters is that each package has a clear difference and that you know the cost of delivering each one.

Avoid creating packages simply by adding random extras until the prices look different.

Each package should solve a slightly different customer need.

Review your prices regularly

Your costs won’t remain static.

Equipment gets replaced. Software subscriptions change. Insurance changes. Travel costs change. Printing costs change. Your experience develops.

Your prices should therefore be reviewed regularly.

That doesn’t mean automatically adding a fixed percentage every year.

Instead, look at:

  • your current costs
  • your required income
  • your booking levels
  • your average sale
  • your conversion rate
  • your workload
  • your competitors
  • the value of your service
  • the type of clients you want to attract

Then make an informed decision.

Sometimes the right answer will be a price increase.

Sometimes it might be restructuring your packages.

Sometimes you may discover that a particular service isn’t profitable and needs to be changed or removed.

Protect your time

Every booking uses some of your limited working time.

This is particularly important for photographers who are already busy.

Imagine you have two potential jobs.

One pays less and requires extensive communication, travel and editing.

The other pays more and fits neatly into your existing workflow.

The difference isn’t simply the amount on the invoice.

It’s the amount of time and effort required to generate that income.

This is why photographers need to consider the opportunity cost of taking on work.

If a low-value job occupies an entire day, what else could you have done with that day?

You could have photographed another client, improved your website, contacted potential commercial clients, written useful content, followed up enquiries or simply taken time away from the business.

Time spent working on your business has a value too.

Don’t let one difficult enquiry determine your pricing

A potential client saying your price is too high doesn’t automatically mean your price is wrong.

It means your price is higher than that particular person’s budget or expectation.

Those aren’t necessarily the same thing.

If you immediately reduce your price every time someone objects, you can end up creating a business where your published price isn’t really your price at all.

Instead, establish your pricing carefully and know why you charge it.

Then you can have a much more confident conversation with potential clients.

Have a response ready

You don’t need to become defensive when someone asks for a discount.

A simple response can be enough:

“I understand that you have a budget to work within. My pricing reflects the time, experience and service involved in creating and delivering your photographs. If that package is outside your budget, I can explain the other options available.”

That keeps the conversation focused on the service rather than turning it into a negotiation over your worth.

If you genuinely have a smaller package available, explain it.

If you don’t, it’s perfectly acceptable to say that you aren’t able to reduce the price.

Know when a promotion makes sense

There is nothing inherently wrong with running a special offer.

Promotions can be useful when they have a clear purpose.

For example, you might want to:

  • fill quieter dates
  • launch a new service
  • introduce an existing service to a new audience
  • encourage bookings during a specific period
  • reward existing customers
  • test a new package

The important thing is that a promotion should be a deliberate business decision, rather than a panic reaction to someone asking for a discount.

If you run regular discounts, customers may simply learn to wait for the next one.

Consider whether a limited promotion fits your business strategy before reducing your standard prices.

Build a business around the clients you want

Price is only one part of why someone chooses a photographer.

Your portfolio, reputation, communication, experience, style, service and products all contribute to the decision.

Think about the type of photography business you want to build.

Do you want to photograph high-volume, lower-priced sessions?

Do you want fewer clients who purchase a more comprehensive service?

Do you want to specialise in commercial photography?

Do you want to build a premium portrait business?

There is no single correct business model.

But your pricing needs to support the model you’ve chosen.

Your price is not your self-worth

This is perhaps the most important distinction.

A client deciding not to book you because they cannot afford your service isn’t a judgement on your photography.

Likewise, a photographer charging less than you isn’t automatically undervaluing their work.

Different photographers have different businesses, costs, experience, audiences and goals.

Your job is to understand your own numbers and build a sustainable business around them.

If you find yourself constantly reducing prices because you’re afraid that nobody will book you at your normal rate, it may be worth looking beyond the price itself.

Perhaps your marketing needs work.

Perhaps your portfolio doesn’t clearly communicate the service you’re offering.

Perhaps you’re attracting people who aren’t your intended customers.

Perhaps your packages aren’t easy to understand.

Or perhaps you simply need more enquiries before judging whether your pricing is working.

A simple photography pricing checklist

Before changing your prices, ask yourself:

1. Do I know my costs?
Calculate both your regular business costs and the direct cost of individual jobs.

2. Do I know how much time each job really takes?
Include enquiries, preparation, travel, shooting, editing and delivery.

3. Do I know my break-even point?
Understand what your business needs to generate before you start making a profit.

4. Am I paying myself properly?
Your business needs to support your income as well as its own costs.

5. Do my packages make sense?
Make sure clients can understand what they’re buying.

6. Do I know why my service costs what it does?
You should be able to explain your pricing without becoming defensive.

7. Am I discounting strategically or reactively?
A promotion can have a purpose; repeatedly dropping your price because someone asks is different.

8. Could I change the scope instead?
If someone has a smaller budget, consider whether a smaller service genuinely makes sense.

9. When did I last review my costs?
Your business changes, so your pricing may need to change with it.

10. Does my pricing support the photography business I actually want?
That’s the question that matters most.

Price for a sustainable photography business

There is no magic number that every photographer should charge.

The right price depends on your business, your costs, your service, your market and the type of photography you want to provide.

What matters is that you understand those factors rather than setting your prices purely by looking at what another photographer charges.

If a potential client asks for a discount, you don’t automatically have to say yes.

You can explain the value of your service, offer a different package if you have one, or simply recognise that the booking isn’t the right fit.

Your photography business needs to generate enough income to cover its costs, pay you for your time and leave room for the business to develop.

Pricing isn’t about being the cheapest photographer. It’s about creating a price and service structure that allows you to build the business you want.

Jeff Brown
ABOUT THE CONTRIBUTOR

Jeff Brown

Photography business mentor, coach & speaker

Jeff Brown is a photography business mentor, coach and speaker, and a former Royal Navy photographer. After his military photography career, he went on to build five successful photography businesses over 15 years, gaining extensive experience in branding, marketing and business strategy.

Today, Jeff works with photographers around the world, helping them build more profitable and successful businesses. His practical approach focuses on pricing, positioning, marketing, sales and building a strong brand, combining honest advice with the accountability needed to help photographers recognise their value and charge what they are worth.

LandscapePro

Comments are closed.