Mindset & Money Mastery for Photographers with Karinda K.

Top 5 Countdown: Pricing Your Portraits for Profit


Listen Later

Send us a text

Join us as we count down some of our top episodes- as we get ready to start a new season. 

What if you could transform your photography business into a thriving, profitable venture while maintaining a manageable workload? Discover how to set the right prices for your photography sessions by first pinpointing your desired annual income. We kick off this episode by revealing the significance of having a clear financial target and how it can streamline your pricing strategy, stabilize your business decisions, and ultimately help you achieve long-term financial goals.

Have you ever felt like you're constantly working but not seeing the financial rewards? Learn about the "Profit First" approach by Mike Michalowicz, an alternative financial planning method that allocates income into specific percentages for paying yourself, taxes, expenses, and savings. This approach offers a more reliable way to ensure your business remains sustainable and profitable. Hear personal stories of scaling a photography business and the unexpected costs that come with it, along with practical examples of how to allocate each dollar earned to meet revenue goals.

Managing your workload without burning out is crucial. That's why we suggest aiming for five to eight clients per month and offer detailed calculations to determine necessary income per client based on your desired annual income and available work hours. Uncover strategies for maximizing client revenue, from offering high-value products like albums and art pieces to implementing effective marketing strategies that attract high-paying clients. Additionally, we break down three main pricing strategies for your sessions and provide actionable advice on adjusting these fees based on client feedback and business volume, ensuring your pricing model works best for you and your clients. Join us for an insightful journey towards mastering your photography business finances and setting yourself up for success.

Connect with Karinda!

  • Ready to Sell More Wall Art? Join us in Your Magic Year to Sell More Wall Art
  • Website
  • Photography Business Tune-Up with Karinda K. - Free Facebook Group
  • IG @Masteryourmindmoney

Thanks for listening!

...more
View all episodesView all episodes
Download on the App Store

Mindset & Money Mastery for Photographers with Karinda K.By Karinda K.

  • 5
  • 5
  • 5
  • 5
  • 5

5

50 ratings


More shows like Mindset & Money Mastery for Photographers with Karinda K.

View all
PhotoBizX The Ultimate Wedding and Portrait Photography Business Podcast by Andrew Hellmich: Photographer, Interviewer, Podcaster and Owner of Impact Images

PhotoBizX The Ultimate Wedding and Portrait Photography Business Podcast

182 Listeners

The Six Figure Photography Podcast With Ben Hartley by Ben Hartley

The Six Figure Photography Podcast With Ben Hartley

315 Listeners

The Ben Shapiro Show by The Daily Wire

The Ben Shapiro Show

151,647 Listeners

The Beginner Photography Podcast by Raymond Hatfield

The Beginner Photography Podcast

394 Listeners

The Pet Photographers Club by The Pet Photographers Club

The Pet Photographers Club

15 Listeners

Get Your Shoot Together Photography Podcast by Kira Derryberry and Mary Fisk-Taylor

Get Your Shoot Together Photography Podcast

46 Listeners

The Heart & Hustle Podcast by Evie McLeod & Lindsey Roman

The Heart & Hustle Podcast

1,013 Listeners

The Portrait System Podcast by Sue Bryce Education

The Portrait System Podcast

622 Listeners

This Can't Be That Hard by Annemie Tonken

This Can't Be That Hard

120 Listeners

Freedom Focus Photography by Nicole Begley

Freedom Focus Photography

108 Listeners

AMPLIFY Your Brand and Business by Krista Marie

AMPLIFY Your Brand and Business

68 Listeners

Passion With Purpose - Photography Podcast, Creative Business, Six Figure Photographer by Nathan Chanski - Photography Business Coach

Passion With Purpose - Photography Podcast, Creative Business, Six Figure Photographer

518 Listeners

Family Photographer Marketing Podcast by Fiona Margo

Family Photographer Marketing Podcast

17 Listeners

Refocus Your Photography Business with John Glsaer by John Glaser

Refocus Your Photography Business with John Glsaer

3 Listeners

Focused Professional by Joe Lenton FSICIP

Focused Professional

0 Listeners