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FORUMS Photography Talk by Genre Sports Talk 
Thread started 03 Feb 2015 (Tuesday) 18:16
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Profit Sharing

 
actionphotos
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Feb 03, 2015 18:16 |  #1

I am thinking of shooting sports portraits for karate studio, little leagues, etc. What percentage of my profits can I expect to share with the studio or league?

Any help is greatly appreciated!




  
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FeXL
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Feb 04, 2015 11:52 |  #2

We don't do profit sharing. Period. My pricing is calculated to cover costs & produce a profit. If I suddenly have to raise them by 25% or more to cover some profit sharing deal, my sales drop & both my business & the host suffers. Also, it can get into a competition with another, or several photographers. How much more are you willing to pay than the next guy to shoot the team photos? Another 10%? Another $500? It's a downward spiralling trap that I simply don't get involved with.

As a for instance, we used to shoot the local soccer team photos. Another local studio offered kickbacks to the soccer association in order the get the contract. The association asked me what I was willing to give to compete. Told them, flat out, nothing. Now it is coming to light that the parents are paying twice as much for photos because of the kickback & the soccer association is under some heat to deal with the situation.

Guess whose name is mud because of the high rates he's been charging & how will that affect his portrait sales in the future? Sure, he got the soccer photo sales for a couple of years but that will not offset the damage his portraiture sales will suffer.




  
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flowrider
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Feb 04, 2015 12:07 |  #3

No profit sharing for me either. I will at times donate a free session for other fundraisers they are doing though. When I do this, it's session time only and maybe one 8x10. Anything more they pay for the products.


~Steve~
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actionphotos
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Feb 04, 2015 17:01 |  #4

Thanks for you replies! It's interesting here in NJ all of the organizations seem to want to use their photo day as a fund-raiser, like 15, 20 & 25%. Not sure how to get around that.




  
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flowrider
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Feb 04, 2015 17:05 as a reply to  @ actionphotos's post |  #5

Set your base price and then ask them how much they want to make. As long as you get what you need to cover your costs and make some profit it's all good.


~Steve~
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