cdifoto wrote in post #11178453
Hurting your own bottom line to reward a consumer for making a mistake is just silly. You're basically paying someone to try someone else out first instead of coming to you in the first place.
Well, I did state that only if your pricing structure wouldn't take a huge hit with that discount. If you have wiggle room and would negotiate down $60 bucks or so for someone on a regular basis, then this idea wouldn't be much different. I'm developing my business plan (slowly), but maybe I'll take what I want to charge at a minimum, add $100 to that, and offer a "second chance" discount of $50 to anyone who was unhappy with a craigslist or similar cheap photographer. (maybe not, but just an example of how you could work this out...)
If you plan for it, it won't hurt your bottom line. If you are someone who would never budge from your lowest price for anyone or undercharge as it is, then yeah, it would be silly... But either a) they are happy with the other work, b) not happy but won't pay for your prices regardless, or c) they will be educated about getting what you pay for and become loyal customers...
I wonder how many photographers factor in discounts to their pricing structure? knowing how many people will want to negotiate lower rates, is that something most factor in from the start or do they just have a "bottom line" number in their head that they won't go below? I don't mean padding the numbers so you always have a "sale" like stores can do, but just figuring out your COB and desired profit, and adding a bit for the sole purpose of negotiations/special offers?