I Could Get A Live Band For That

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Bob...,

I'll give the remedial version.

The competitions 6hr package & my 6hr item for item price were $500 apart.

The client chose our 3hr service at a price $200 more than the competitions 6hr package.

As per usual, you focus on what want...not on the "what is". Hence...myopic!


Proformance said:
Now it's a duel of cash registers?
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Nope...

However, interesting that you'd go there first.

My question is valid. Based upon your views that should be related to your success...how financially successful are you?


Proformance said:
Dude, if you're so damn wealthy why are you so damn mad?
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I find myself asking the same question about you.

Mad...? More or less vehemently curious at how people willfully undervalue themselves...when their potential is so much greater.

That...and my willingness to defend my pursuit of happiness...and my willingness to "share" with those going in the same general direction.

What sensible person would aspire to be a homeless bum...?

You argue against a persons singular abilities & views.

I argue for greater reward for everyone's abilities.

Whose the real the team player here...??
 
My question is valid. Based upon your views that should be related to your success...how financially successful are you?
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Well, that's pretty easy to find out, unless of course you expect to find the answer at the CDC. :sqlaugh:

Dude, Zip up.

It's all relative. Your space on 12th St sits adjacent to a neighborhood where the median home price is $112,000. If anything, that's what sets the limit on how much you can charge.

Boston and New York are NOT the Dakotas.
 
Bob,

Congrats on finding my office building.

Too bad it's 23miles from my home. I'm tiring of the commute and thinking of selling the 2,500sq ft building and the 20,000sq ft lot it sits on.

Seeing as there has been a substantial commerical building boom in the neighborhood.

That...and the fact that it is located one long city block from the FargoDome. One of largest facilities in ND.

Bet yer' "investigation" didn't turn that up.


Ya missed yer target again! But keep trying...you're bound to lucky sooner or later.

Oh...BTW, MDJs...are "mobile" so I can drive to higher or lower income areas... Imagine that...!
 
I'd like to imagine you guys kissin' and makin' up... or agreeing to disagree at least.

But I'm not laying any heavy wagers on that happening anytime soon. :D
 
Lay your bets now Fred, This is my last post. I'm taking a permanent vacation from anything DJ "guru" related.

Location, Location, Location.

You'tre taking it a little too personal Dude.



Fargo has a city population around 95,000 and a metro region of about 180,000 people.

Boston is the 11th largest metro region in the country with about 4 1/2 million people (only about 600,000 in the city).

The median income of city dwellers is not that different in Boston than in Fargo (~$35k - $39k). But we have 6 times the population and the range of incomes is much wider than in Fargo.

11% of Fargo residents are considered in "poverty" while in Boston it is 20% We have twice the poverty rate, but it is offset because our rich are richer. You can find more millionaires here, because there's more of everybody here.

The population density of Boston is also 5 times that of Fargo - so we can travel 5 times less to serve people.

BUT WAIT !!! - When you leave Boston for the metro region the median incomes in many communities go up. And....at 4.5 million we have 25 times more people in our immediate metro area than in Fargo.

It also costs a lot more to live here, but with a market 25 times wider and larger than yours we have a far better chance of getting our rate.

Race to zero .....in your dreams!
 
Fred...it would be a sucker bet!

Proformance said:
It also costs a lot more to live here, but with a market 25 times wider and larger than yours we have a far better chance of getting our rate.

Race to zero .....in your dreams!
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Bob, thank for offering the other side of the coin...that supports my point.

Your ballpark populations are close.

If one looked at all population within 1hr commute of the Fargo- Moorhead metro area we would be closer to 260,000. However, population wise...you're fairly close.

I have no issue that your market is wider & larger within a smaller geographic area.

I have no issue that your market provides greater possibility of getting your rate.

With the admitted market diversity...the race to zero applies.

No question, the cost of living is higher in your area. That should relate to higher MDJ prices on the average across the general MDJ population. Yet, the ability for a MDJ to self sustain, self perpetuate,....cover their own health insurance needs basically all related expenses in the following example without a second job appears to not be the norm.

Example based on arbitrary $50,000 income: http://www.bankrate.com/brm/movecalc.asp?a=0&d1=50000&d2=92.712270133844&d3=135.431609747707


costs.jpg




So why is it that rates are not "on average" 46.08% percent higher in your area?

I would argue devaluation...

Devaluation from what???

Increased competition, shrinking marriage numbers, entertainment price abatements, blind ignorance of actual operational costs...essentially the race to zero.
 
Dude : That's a superb chart. Very compelling argument for regional differences yet relational sameness in outcome "if".

Could you do one and add Albany, NY and New York City, NY?
 
GoodKnightDJ said:
How would you explain it if somebody told you as a full-time DJ that you could lower your rates and get more work?
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I wouldn't. Why would anybody want to work more for the same money?
 
Dude Walker said:
Cover bands in the early 80's routinely would book out for $800-$1,200 for weddings & proms.

Decent cover bands that are in demand today are worth $2,000-$10,000.
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Not in all markets Brother...

A decent cover band here can be had for $400 to $500
 
Jeff Romard said:
Dude Walker said:
Cover bands in the early 80's routinely would book out for $800-$1,200 for weddings & proms.

Decent cover bands that are in demand today are worth $2,000-$10,000.
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Not in all markets Brother...

A decent cover band here can be had for $400 to $500
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Jeff, that sucks...!

Congrats on the little one BTW!

There's no doubt that there are cover bands trying to compete on price just like MDJs...

Yet another example of the race to zero...

If these bands were TRULY in demand...you'd think that they could command a better rate.

Something must be holding them back...? :dontknow:



John Allo said:
How DARE you question Dude Walker?

Shame on you. Don't you know who he is?!?!
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Funny guy...! Taunts??? OMG, you REALLY ARE that immature. :nono:

I guess as an "advertiser" you have full reign to violate the suggested TOS... :wtf:



Cap,

To address your request from earlier. Here are two comparisons. Getting a solid on Albany with the detail wasn't available through the link in the earlier post.

I chose the closest community possible...which was Glen Falls, NY. Wasn't sure which comparison would be best with Glen Falls, NY. Manhattan or Queens so I did both. I hope these examples answer the questions that you have.


Comparison basis $50,000 income.

Glen Falls, NY vs "Queens" New York, NY
ny1.jpg


Glen Falls, NY vs "Manhattan" New York, NY
ny2.jpg
 
Dude Walker said:
... I guess as an "advertiser" you have full reign to violate the suggested TOS...
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To be honest, Dude, no. Sponsors are under the same rules as the rest of us. Our TOS apply to everyone from the site owner down to the newest member.
 
Fred,

Thank you for being straight.

It just appears that John's recent fixations are for his personal amusement.
 
Dude : Thank you for digging into and providing that chart. I'm blessed to have a successful operation in my region that allows life to be lived very comfortably here, but would no doubt be a real struggle in NYC and/or Manhattan if I maintained my price levels that are levied here.

It also evokes a deep empathy for those mobile DJs in metro areas that not only must try to personally survive but have countless and endless wannabees to off-sell to do it.

Thank God I'm a (pseudo) country boy by comparison.
 
John Allo said:
Dude Walker said:
It just appears that John's recent fixations are for his personal amusement.
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Ummm....now who's making personal attacks? :nono:
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John, thank you for "yet" another example of your fixation. :BangHead:




Cap Capello said:
It also evokes a deep empathy for those mobile DJs in metro areas that not only must try to personally survive but have countless and endless wannabees to off-sell to do it.
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Cap, that is probably the most astute observation...that many refuse make.

Ignorance of operational costs is sad...it and of itself.

Ignorance of the "costs" related to personal survival is even worse.

But hey..., that empty feeling in one's stomach can be filled with that good feeling of FUN...having the opportunity to DJ for someone...right? :dontknow:

The social cost and cost to family dynamics in a desperate ploy to be chosen...not matter what the cost...is too high. Society today, sadly, reinforces that philosophy.

The true "heat in the kitchen" is higher prices for most. The catalyst...those weak enough to pander to the lowest common denominator as their standard M/O. Those that defend a lower price are the one's truly incapable of "handling the heating in the kitchen". That's the rapacious part...

Apparently, doing more events for a lower rate is just a more palatable form of greed...? Ironic, how "just getting by" for many...is a form of greed. Perhaps the allure is the justification...?
 
If it's any help I've tried the lower cost for more work scenario. Seemed that other DJ companies were undercutting me so I figured two can play that game...

This was one of those times when I should have considered the consequences of my actions. :eek:

To be certain, I got more shows, many of which were ball-busting loads that most DJs wouldn't have touched. Out in the hot sun, up on somebody's deck or patio. Up stairs in cheap, ratty, rented venues that I never knew existed. Got rained on, struggled with icy sidewalks etc.

Was doing two, three or more shows per weekend. Some Saturdays I left one show to drive to another.

Come the end of the month I was no further ahead as far as the bank balance went. I was beating myself to death, putting more miles on the truck and cleaning mud and dirt off the speaker cabs... but I had no more gross income to show for it. My overhead had increased due to the additional work.

That had to come to a stop. The phone was still ringing but I couldn't keep saying "Yes" every time a prospect called. I went back to stating my regular rate and the backbreaking shows receded to a trickle.

On the other hand, the upscale shows stayed steady. At the end of the month the bank balance hadn't suffered, even though net income had dropped slightly.
 
In re the Boston-Fargo Comparison Chart: Using my "Back-End Principle", If you switched from Ibuprofen to Sodium Naproxen you'd save a bundle. The cost of the generics is approximately the same tablet per tablet, but you only use one Sodium Naproxen to every two Ibuprofen.... and considering what you're going to put in that Kleenex, why not use drug store generics at 99 cents?......um, just trying to feel involved, ya know?......:sqrolleyes:
 
Joe, fair enough.

However, the sampling group used their own survey questions. Outta my hands.

The pennies do add up...however the biggest ticket items still run the show.

The calendar has a finite number of days in a year. Most markets experience seasonal demands.

There is a finite potential for any given entity. Which is affected by many factors.

There's nothing wrong with being cost effective. As long is it's not at the expense of wages. That's the tricky part... make it too cost effective...and you might end up looking cheezy and cheap.
 
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