Pricing Strategies for Drone Mapping Professionals

Today's question is about pricing a drone mapping job. What variables do you need to consider so that you don't end up underbidding and losing money?

In today's show, Paul and Rob join us from an awesome Netflix movie set in Santa Fe, New Mexico. This is the location of our forthcoming Drone U Fly-In which we had to postpone due to the virus outbreak.

Today, we reveal pricing strategies for drone mapping professionals. We start this show by discussing the basics. What are some common mistakes the drone mappers make when bidding for a job? Can you come with a pricing formula so that you can accurately estimate your efforts and costs?

Topics discussed in today's show include fixed and variable costs, equipment amortization, and accurately estimating the processing time for your mapping deliverable.

Towards the end, Paul reveals his favorite (and most profitable) mapping deliverable. This is a show you do not want to miss. Tune in now!

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Timestamps

[01:32] Today's question is about pricing your drone mapping jobs

[02:52] Let's start with the basics - be aware of these facts so that you don't underbid and lose money

[07:04] How to vary your pricing according to your deliverable

[07:15] Can you come up with a pricing formula?

[11:38] What is Paul's favorite (and most profitable) mapping deliverable?

[13:30] Variables that you should consider while pricing your drone mapping job

[15:43] Paul shares that creating an orthomosaic for a fairground using Pix4D React can be incredibly lucrative

https://www.youtube.com/watch?v=0hco8eMeR98&feature=youtu.be