I was being a wise guy when I said the profit from doing a wedding would be $20.00. If someone asked me to do a wedding for $100.00-$200.00 I know what my profit would be. It would be zero. The obvious reason being I wouldn't do it. The reason I wouldn't do it has nothing to do with my ego or that I want you all to believe as someone said that I'm this top notch great DJ. It has to do with the branding and image I want to portray today. Besides that if I did such a wedding all that will let people know (and this is for me) that I'm desperate for gigs and will take any amount of money thrown at me. Keep in mind I talked about me.
To add to the discussion someone asked me what is the difference between me and a DJ willing to work for $100.00 to do a private gig. I don't know. Reason being I don't know who the DJ is. So I can't comment on that DJ. That DJ might be better then me. It's just that they might be selling themselves short or that they don't care about how much a client is paying them. They are just out to have fun and make people have fun. For me the DJ who mentioned that this other DJ would come and do her wedding for $200.00 is a low priced DJ. I never mentioned anything about a DJ that is willing to do a wedding for $200.00. I was just making a point since it was brought up. I wasn't consumed by it. Just wondering why this DJ would do her wedding for $200.00 and how did he come up with that price? I guess we'll never find those things out since he's not a member on here. They might just be starting out and either need the exposure or experience. So they say they will do it for that price in hopes of booking the gig. The point being for me is that sooner or later I have to take a stand and stick to a rock bottom price and mean it. If I keep always giving in in hopes of winning the booking then I'll never get to where I want this company to be. I'll just keep digging a deeper and deeper hole for myself and this company. If that means I don't get certain gigs then so be it. Part of the business plan is about reaching higher ground.
To add to the discussion someone asked me what is the difference between me and a DJ willing to work for $100.00 to do a private gig. I don't know. Reason being I don't know who the DJ is. So I can't comment on that DJ. That DJ might be better then me. It's just that they might be selling themselves short or that they don't care about how much a client is paying them. They are just out to have fun and make people have fun. For me the DJ who mentioned that this other DJ would come and do her wedding for $200.00 is a low priced DJ. I never mentioned anything about a DJ that is willing to do a wedding for $200.00. I was just making a point since it was brought up. I wasn't consumed by it. Just wondering why this DJ would do her wedding for $200.00 and how did he come up with that price? I guess we'll never find those things out since he's not a member on here. They might just be starting out and either need the exposure or experience. So they say they will do it for that price in hopes of booking the gig. The point being for me is that sooner or later I have to take a stand and stick to a rock bottom price and mean it. If I keep always giving in in hopes of winning the booking then I'll never get to where I want this company to be. I'll just keep digging a deeper and deeper hole for myself and this company. If that means I don't get certain gigs then so be it. Part of the business plan is about reaching higher ground.