Newbie question/s alert*
I’m working on finalizing/adjusting my 2007 package prices (running the numbers over and over). My biggest challenge area is albums (I’m new to this album thing…but very stoked and committed to the importance of a final album). This is my first year in business with full packages/albums options (I have met with my Graphi sales rep and will also be using Pictage for now FREE pre-design and other album products such as LC). Any advice along these lines:
1. Do you try to get the client to commit to an album product prior to the wedding? For many I realize this is presumed per your packages. If so, do you take payment/invoice the wedding album upfront (i.e., that is, if you don't already roll it into your package via an album credit). If so, after the wedding if they exceed their credit (hopefully), do you simply invoice that and require them to sign a separate “extended” album contract before completing/delivering the album (and take payment in advance of delivery)?
2. Do you provide clients a separate price list of album options/products upfront? How much profit do you apply to your final cost (I understand this depends on regional market, etc…but I’m ballparking at least 3x mark-up per my biz plan calculations).
3. Do you try to stick with just one or two album companies, or work with many?
4. Do you typically “upsell” clients on parent books, mini-albums, etc after final album design? Or perhaps surprise them with this product “complimentary” (but covertly factor into your costs/package).
Basically – just looking for any key “to-dos” or “to do-nots” when just starting / jumping into the album arena.
Hoping these questions aren’t too far off base…I’m just finding all the album options/pricing and products a bit intimidating. And I got a bit burned when I provided a client a 7x7 coffetable willowbook (without first previewing the quality/design) that they hated and immediately returned due to see-through pages, and poor printing.
Thanks in advance for any guidance!