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Virtual Tour Pricing   Message List  
Reply | Forward Message #30475 of 34246 |
Re: [PanoToolsNG] Virtual Tour Pricing

Hi Robert,

Thanks for the reply. I absolutely agree with you, the price should
depend on the type of job, and the value of the product to the client.

I was hoping for a few more replies, as setting the right price is
something vitally important to me and my business.

Perhaps if I explained a bit more about my reasons for asking, there
might be a better response ... In recent years, the perceived value of
stills photography has been diluted by over supply and so-called
"Weekend Warriors" willing to work for free or a byline credit. I can't
pay my mortgage with a photo credit - and generally find the only new
work they attract is more people asking for free photos!

I recognised panoramic photography and virtual tours as something a bit
more specialised with added value, so have invested heavily in both time
and equipment. It's generally not a mainstream product in the UK (yet).
People who I have shown are genuinely impressed and want it for their
website. I have approached several customers with a fixed price
structure and they've all (without exception) told me that I seem very
cheap. But last week I discovered a VT photographer only an hour away
from me who charges less than £50 UKP per VT. That's about 25% of my
"cheap" rate. How can I compete with that?

I'd also be interested to know how anyone charging £50 (inc. VAT as
quoted by them) can make a profit after a two hour round trip?
Personally, I would allow for 1 hour on site to get the photography
right, then 1 hour (minimum) on the computer to get a good stitch (with
all HDR and alpha channel processing) and a bit longer to convert to web
format using Pano2VR and/or krpano.

That's £50 for 4 hours of effort. Subtract VAT and fuel, wear and tear,
equipment, insurance, all other business overheads and it's starting to
look like £0 profit or even a loss.

The VT product currently has real novelty value, but people like this
are ruining the market. Don't be a "busy fool". Work less, charge more.

Perhaps there will be few more opinions on this?

Regards,
Robert
--

Robert Fisher wrote:
> It depends!
> Any and all of the reasons stated. I try to be flexible since solid
> pricing doesn't really work since it really depends on the job and
> the amount of work involved.
>
> On Jul 3, 2009, at 11:28 AM, Robert Slade wrote:
>
>>
>> Perhaps an emotive subject ... but I am interested in what people are
>> charging for 360x180 virtual tours.
>>
>> Do you charge a fixed fee, or quote per individual job? Do you charge
>> based on your time, or based on the client's budget or ability to pay?
>>
>> Does anyone licence virtual tours in the same way as stills photos
>> e.g.
>> depending on end use, duration, territory etc?
>>
>> Should a global company using VTs to promote multi-million dollar
>> projects pay the same as the guest house landlady who wants a VT to
>> make
>> her website more interesting?
>>
>> Regards,
>> Robert
>>
>> --
>> Robert Slade, Photographer
>> Manor Photography 07890 564889
>> http://www.manor-photography.com
>>
>>
>
> Cheers
> Robert Fisher
> VR Photography / Cinematography
>
>
>
>
>
> [Non-text portions of this message have been removed]
>
>

--
Robert Slade, Photographer
Manor Photography 07890 564889
http://www.manor-photography.com



Mon Jul 6, 2009 8:28 pm

robertsladeuk
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Message #30475 of 34246 |
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Perhaps an emotive subject ... but I am interested in what people are charging for 360x180 virtual tours. Do you charge a fixed fee, or quote per individual...
Robert Slade
robertsladeuk
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Jul 3, 2009
6:29 pm

It depends! Any and all of the reasons stated. I try to be flexible since solid pricing doesn't really work since it really depends on the job and the amount...
Robert Fisher
kingbobsky
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Jul 3, 2009
8:27 pm

Hi Robert, Thanks for the reply. I absolutely agree with you, the price should depend on the type of job, and the value of the product to the client. I was...
Robert Slade
robertsladeuk
Offline Send Email
Jul 6, 2009
8:29 pm

... You can't and you don't. As you say, that is ridiculous. There's no way that is going to lead to a good-quality result. k...
Keith Martin
the1keith
Offline Send Email
Jul 6, 2009
8:43 pm

This discussion will never end, because there are to many "easy doing" tools that makes everybody create a virtual tour. Quality is only one answer to that. ...
ptgroup
mhc954
Offline Send Email
Jul 6, 2009
9:11 pm

I wouldn't worry about it! Nobody can run a business working for as little as that, so they won't be around for long. If they are doing it on weekends then...
peterstephensphotogra...
peterstephen...
Offline Send Email
Jul 6, 2009
9:23 pm

... Rule #1: Avoid realtors. They are cheap - price is the only thing that matters to them. Rule #2: If you must break rule #1, then about the only way to...
dtonnes
Offline Send Email
Jul 6, 2009
11:14 pm

Any "per pano" pricing absolutely must be accompanied by the right to bill for out-of-pocket expenses (return travel/meal costs and overnight accommodation if...
Roger D. Williams
roger_d_will...
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Jul 7, 2009
1:47 am

Robert, Your post is well, wonderful.. I mean that. But your after what I'll refer to as a Walmart answer ( the cheapest price or the price ...whatever...)...
Jim Bechtel
montana_jimbo
Offline Send Email
Jul 6, 2009
11:01 pm

Thanks Jim (and others) for the really useful advice. I wasn't advocating competing on price with the "cheap" guys, just looking for ideas about what to say...
Robert Slade
robertsladeuk
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Jul 8, 2009
10:59 am

I think these are pretty good sugestions.. My last post was a bit rough possibly ..sorry.. Not sure I'd want to deal with number 2 here..though.. I think in...
mrjimbo
montana_jimbo
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Jul 6, 2009
11:50 pm

... What, do *more* photos? That'd be *more* work for an outfit that can't pay properly in the first place... k...
Keith Martin
the1keith
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Jul 7, 2009
12:33 am

K It simply about possibility that's all.. If you follow the real-estate business and I do. It's a mess.. Staff has been cut, some have shut down , some have...
mrjimbo
montana_jimbo
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Jul 7, 2009
1:54 am

Yes sir Roger, Looks like you got it figured out .....:-))) it's simply business right? jimbo ... From: Roger D. Williams To: PanoToolsNG@yahoogroups.com ...
mrjimbo
montana_jimbo
Offline Send Email
Jul 7, 2009
1:58 am

... Hi Robert, A while back I decided to go for a set price list rather than the 'see what the client can pay' route. I wanted to work for smaller companies...
Marcus Hamilton
marcus.hifi360
Offline Send Email
Jul 8, 2009
4:59 pm
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