
vidguyz
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Jul 31, 2005, 6:18 PM
Post #7 of 28
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Re: [VideoFlyer] Videography Marketing...Ideas?
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V_Flyer: I'm certainly no expert in the Video business, but I have run a few successfuly companies - one of which was my own that I sold awhile back at a comfortable (cha-ching) profit. That being said, I would do what all smart biz-to-be people do, emulate the masters. Check out who's charging the most, call them, ask what they give for their high fees and why they charge what the do when you could get it cheaper. My response would always be - because that's what it cost me to do business, here's my reference list - ask my customers. Except for the obvious use of higher quality equipment and that prized ref list, I'll never cut down a competitor unless that competitor is known for 'ripping' people off - then I'll just flat out tell the prospective customer about the 'ripper'. The nice thing about libel and slander is that the 'greater the truth, the less libelous it is'. Be careful, if someone is just plain downright cheap and does a good or just average job - don't slander them - they're just dumb for not charging a decent rate to run a successful business. Being dumb isn't against the law - YET !!! . Some say by calling the best and bugging them is just hurting their business because you never planned on buying, yadda yadda yadda. Well, that opinion is warranted but I look at it this way - by doing so, you're most likely going to charge in that higher priced range (with all the info you've gleaned from them), thereby keeping the 'standard' pricing up there - which is not going to hurt their business - and is MUCH better than them, or eventually you, losing business to a low low low baller. Second - do your homework - if you're SERIOUS about the business, but short on cash to have the BEST equpiment, do what you can to get at least 'medium' priced equipment. The lowest price equipment will only hurt your and your professional image. That's the 'sucky' part of the video biz - it hides nothing. Bad equipment is bad equipment and it shows. Third - Get as legal as possible, biz license (if required), insurance, etc - it will help you understand the REAL costs associated with the business - and protect you when things go wrong. Not that anything goes wrong in the video business. Lighting equipment NEVER falls on the grandmother of the bride, NEVER catches the curtains on fire , and customers NEVER sue you over the stupidest things - NOT. If your municipality requires certain things to make you legal - and you don't have them, judges might not even consider your innocence - because they can see you're acting as a fly-by-nighter. Fourth - Work hard. Don't think because you're in your own business that you can sleep to 10, traipse around in your PJ's all day, be late for that appointment (because you can) or have a lackadasical attitude - Think Professional, Act Professional. Treat it as a full-time job. Fifth - Learn different cultures wedding habits - Indian (the asian one) weddings are different than Mexican weddings are different than Norwegian weddings - they all have their cultures, mores and do-nots. Once you get this down, you just captured a nice corner of the market by presenting your video 'their way'. And remember an old small business axiom ' A good plumber does NOT make a good plumbing businessman.' Take some classes at your local JC - it will be time well spent. Best of luck, Vidguyz
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