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You’ve been grinding to build your skills, find your niche, and even attract paying clients. But understanding how to price your photography services isn’t always easy. It often comes down to choosing between two different approaches: hourly rates versus per-project pricing. This photography pricing guide is designed to help you understand the pair, when to use each, and how to price your work with confidence!
In short...
Hourly Rates for Photographers: Best for undefined or time-variable tasks like events or consultations.
Per Project Photography Pricing: Use for clearly defined deliverables and scope like product shoots and weddings.
How to Build Your Rates: Calculate your costs, research market rates, and embrace value-based pricing.
For expert guidance on photography pricing strategies, explore The Photography Institute's courses. Study online at your own pace, balancing your current commitments with career growth for long-term success.
So, what exactly are hourly rates for photographers? This is when you charge your clients based on your time, covering everything from planning to post-production. You set a rate per hour, and that's what they pay for your time on the job.
Hourly rates for photographers are often best when the project scope is vague, likely to change, or for time-based services.
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Per project photography pricing (or flat-rate) means charging a single, all-inclusive fee for a complete job, shifting the focus from your time to the specific outcome or deliverables.
We recommend this photography pricing strategy when deliverables and scope are clearly defined.
Image Source: tethertools.com & Jason Leung - Unsplash
Still wondering exactly how much to charge? Use this handy guide to match your rates with experience level and get paid what you deserve.
Selecting the right photography pricing strategy is essential to your income and business growth. This section of our photography pricing guide helps you make that call.
When deciding how to price your photography services, weigh these points:
Freelance photographer pricing can be tough when starting out. Here's some practical advice to get you on the right track.
Sometimes, mixing models is the best way to approach your photography pricing strategy. A hybrid approach offers flexibility and fairness.
No matter your model, clear and confident client communication is vital.
Don't go it alone! The Photography Institute offers a range of resources and courses to help build your business.
Image Source: Adobe Stock
Confidently setting your rates is key to the success of your photography business. Here's how to build your own photography pricing strategy.
Knowing your expenses is about more than just your equipment. Here’s how to take a smart approach to your freelance photographer pricing.
Find your sweet spot by researching industry rates, ensuring you to position your photography pricing strategies effectively.
Move beyond just time or cost. Focus on value to justify higher rates and attract quality clients.
Your photography pricing guide isn't static. As you grow, your value increases too. Don't be afraid to raise prices; it shows confidence and a growing business.
Money is always a vexed subject, but all businesses must determine suitable prices for their goods and services. Goods are typically easier to price due to the known cost of either production or importation, and all that needs to be decided is the markup percentage to arrive at a sale price.
Photographic businesses are normally considered to be a service industry, and services are always more difficult to price than goods, since the service provider is essentially selling time and expertise, both of which are somewhat intangible and can be difficult to value. For photographers, there is no clear-cut answer as to how to structure fees and charges, since the range of customers can vary widely and each has their own requirements, budgets and preferences.
Magazines always set their own rates, which are typically a page rate, and the photographer must either accept it or look elsewhere for work. Advertising agency rates are somewhat more flexible, but since they are essentially a media factory, they have broad experience in terms of the going rates for local photographers. Private individuals and small business clients present the widest array of possible fee structures, and below is a list of some factors to consider when engaged in fee negotiations.
Image Source: PI Tutor George Seper – georgeseper.com
Even if you work from home, it is essential to treat your paid photographic work as a business.
Image Source: PI Tutor George Seper – georgeseper.com
It is important to be flexible if clients prefer one payment system over another, be it by the hour, day, or project. Here, some negotiation skills are very useful to achieve a satisfactory outcome for all.
Hourly Rates are often the most problematic for clients, who will often crack the whip to get their money’s worth, and this can foster the most stressful working environment, depending on the client. Hourly Rates often ignore the time spent in pre-production, or setting up lights and sets, and can therefore be the least favourable payment method for the photographer. If using an Hourly Rate, most photographers use more than the 100% markup to compensate for the many disadvantages of the Hourly Rate payment system. Considerations should also be made for small jobs and whether you will be able to take on other clients during the day, since you have established a daily Break-Even amount, which at a bare minimum must be achieved.
Daily Rates are often the easiest payment system since your “Basic Day Rate” has been determined. Remember that this is a minimum amount, and here I would be guided by considering your client as well as your competition to negotiate the highest rate possible for yourself. It is essential that you and your client agree on the scope of the job and that you are confident that the work can be completed within the given time frame. Clients may sometimes add to the job on the day, so be clear that extra work comes at an added cost.
Per-Project Rates are quite like Daily Rates, but the difference lies in your ability to estimate the time required to complete the project. Here again, I suggest that you give yourself some leeway by overestimating the time required to complete the project. It is important that if the assignment was more difficult than you originally thought and you have underestimated the time needed, that you remain gracious and do your utmost to satisfy your client. A happy client who knows that they are getting good value will likely return, and return business is essential if you hope to remain in business for the long haul.
Photography Tutor at The Photography Institute
Internationally respected, George Seper has been photographing food for over 30 years. He is the longest continuous contributor to Vogue Entertaining and Travel, who recently commissioned him to photograph their 30th Anniversary cover among other features.
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Navigating photography pricing is a common challenge for early-career professionals. The struggle between undervaluing your work (and your bank balance) or overpricing against a market full of hobbyists is real. But here’s the truth. Confidently pricing your services starts with believing in your skills and showcasing them with a standout portfolio.
The Photography Institute is here to help. Our courses, led by expert tutors, arm you with creative, technical and business skills, making your journey from student to paid professional seamless. To back your photography pricing strategies with industry-leading expertise, explore our courses and download the prospectus now.