A look at the reality of the economy

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Yesterday setting up for my gig tonight, I had the grim look at the reality of how scared people at least around here are, the hall I do events for, went from having almost 275 people in attendance 3 years ago to merely 120 this year, almost everyone that attended in past years are staying at home, main concern is spending the money, layoffs in this area and fear of future ones.

I knew the economy was bad, but yesterday it just hit me in the face just to see 14 tables setup only.

Although many people preach about how they're doing great and so on (I know some in reality are because of their location) some of us are in areas that have been hit hard.

Wavy Davy posted that a lot of trends will surge this year and it's happening already. Brides will go back to basics(which I noticed in 2008) which is all good.

With that said, l pray for a better 2009 for all of us in general. In Portugal they say as long as there's health money will come along. If there's no health then money means @E#t.
 
I would say the 80% of the weddings I try to book are 75 - 100 people... maybe 125 tops. When I got married, we had 222 people show up out of 235.... and that was in 1999, when it was still pretty normal to see 175 people at receptions.

The place we had our reception now charges $93 pp for what we paid $72 pp for..... that means that just the reception hall would cost us nearly $21,000 today... plus DJ, Florist, Photog, video.....

IMO, that is just plain lunacy. ( even if we weren't in a recession ).
 
I think the issue you are seeing, is not the economy in general, but luxury stuff...

A DJ is not a necessity -- it is a luxury item.

People will not show up for a wedding, because there is no DJ. They may not show up if there is no food though...


Back to basics is the word of the day -- either improvise, adapt and overcome -- or go back to work for Micky D's... :sqwink:
 
'Tis true. Many brides are paring their guest lists, just to stay within budget. The weddings we've done this year reflect this. Some rental houses are offering lowered rental rates to keep a cash flow going. House rentals are a big portion of their budgets. If the house is dark they're not making any money.

Rick's right, DJs are an as needed service. We're not a necessity. :)
 
Fred but when you look back at a wedding whats the ONE thing that everyone will remember if there was NO Dj!!!


I bet you would say it was BORING because there wasnt a Dj at all!!
 
Back to basics is the word of the day -- either improvise, adapt and overcome -- or go back to work for Micky D's... :sqwink:

Alot of the problem is just focusing on one area. How many go after sports banquets anymore? How about Birthday Parties? You have sound gear why not market to business and government to handle press conferences?

Alot wan't weddings and weddings only...And there is nothing wrong with that but like most business if you don't span out you will eventually die off
 
Alot of the problem is just focusing on one area. How many go after sports banquets anymore? How about Birthday Parties? You have sound gear why not market to business and government to handle press conferences?

Alot wan't weddings and weddings only...And there is nothing wrong with that but like most business if you don't span out you will eventually die off

That is a true statement my friend, over the last 2 years I have expanded my services, to other things, guess I like many was spoiled by the growing wedding biz. It'll still be there, then again there are many other ways to make money in the sound, lighting and video industry.

By the way I just cameback from doing the Gig, there were actually less than a 120 people, but those there had a blast! I was lucky enough that one of my clients whom is getting married took his/hers family along to get a taste of my services for their August Wedding.
 
I have always done more than just weddings

21sts, engagements, parties, christmas parties, corp parties etc etc

why limit yourself to just one type
 
Fred but when you look back at a wedding whats the ONE thing that everyone will remember if there was NO Dj!!!


I bet you would say it was BORING because there wasnt a Dj at all!!

Cheers, Dennis and thanks.

You're probably right; I may find a reception with no music a bit boring. Especially so if I didn't know most of the guests.

Some B&Gs are putting off receptions or just not doing them altogether. They'll have a very nice church wedding and that's that. Sometimes the church will permit a small reception on site, often in a fellowship hall or other room. In these cases there's rarely any form of entertainment or dancing.
 
Dave --the recession works BOTH WAYS

My NYE bar gig was only due to the bar owner cancelling the Live Band as a cost cutting move.

(they went from a $1600 price tag to a $950 cost for entertainment)
 
Is America in some sort of recession??

Absolutely!



I work at a company in which we just got laid off....for an indefinite period of time! But we build Atvs, snowmobiles...not necessarily needed items!

Has anyone found it odd...Microsoft just nailed record sales in December, and they sell and Xbox?? How is it that people can afford "luxury" items, but yet they are on welfare and other programs not being able to support the babies?? America is beyond comprehension on what we value! We hear "cigarette taxes coming soon"...and some smokers say, "how am i going to afford milk for my kids?" Our priorities have been dirtied by items that are not needed! It is absolutely a privilege to have a 52" television, and 250 channels on your cable provider! People talk about how tough life is, and the struggles in life they are experiencing, yet most of these people aren't willing to part ways with their "luxuries"! I am an electronics freak, and I love all types of new gadgets, but these items are not crucial to my survival. And dont get me started on "buy now, pay later!" Thats what destroyed many of our lives. 18 year olds can get a $10,000 credit card, with having no real financial obligations in their lives before, and the first thing most kids do is...max it out...i dont care what they bought...it just happens. Well pretty soon, the kid often finds themselves missing a payment, and wam the card company has you in its grip. Then this kid finds themselves calling other cards/banks to bail them out. Everything is good, and maybe they get their stuff straightened out..but if you dont, you keep on borrowing. Pretty soon, you are the average american consumer, and you rely on "BUY NOW PAY LATER!"

You have been brought into a vicious system, that is really hard to get away from. If you make one million a year.....you'll want a 20 million dollar home. It does not matter how much you make, most american fall into buying now and paying later. Instead of living within your means, people choose to pick the latter. Don't get me wrong, I have fallen into the trap, and after my sad unemployment fallout years ago, I am just finally reaching the top of a disastrous mountain I never want to climb again. A simple $100/credit card payment...on a few cards, and pretty quickly I was in over my head! It happens all to easy and all to fast. I clamped down on my "LUXURY" spending, and now we talk about a recession yet we are surviving. I do know some people are "really struggling" and my heart truly goes out to them, and America needs to help those people. But some people are using their laziness, and not wanting to work as an excuse to not work and try make it! This is not true for everyone...so please dont go there!

I am going to say this...spending has slowed down...but is this a bad thing, or is teaching us to value the things we got now?? I hope Obama signs a bigger incentive to help get this economy rolling again, it is much needed! I was born and raised in the country, and I will always find a way to survive! One other thing that bothers me about this economy is people making excuses why their business isnt going good. Some companies were just meant for doom, either that or.......these people do not how to run the business they are in! I have seen many examples of some of the business in our area, and its like..."I can tell you some of the things wrong with your business, that dont even relate to the economy!" Anyways..either way....we so need a jump start to get America rolling again! I think the economy is already rebuilding, but we must be careful this next time around to make sure we don't take a step backwards again!

Best of luck to all my fellow djs this year...if you are struggling, just hang in there, our business will slowly increase again, and everything will be A-Ok again!
 
I think the issue you are seeing, is not the economy in general, but luxury stuff...

A DJ is not a necessity -- it is a luxury item.

People will not show up for a wedding, because there is no DJ. They may not show up if there is no food though...


Back to basics is the word of the day -- either improvise, adapt and overcome -- or go back to work for Micky D's... :sqwink:

Back to basics is the word of the day -- either improvise, adapt and overcome - I've been harping on that point for sometime too.....

I like adapt and overcome.
 
So really the "Hillbillies" are the smart ones not racing around all day doing stuff, worrying and stressing out.

I mean really if things went pear shaped for my wife and I (they won't) we'd buy a camper van and live a life on the road enjoying simple pleasures such as nature, kayaking, reading books and getting by without trips to Malls and all that in life which is, in the grand scheme of things, pretty sad....

I can make a bit of money with a computer and pay the groceries and gas - that's it - I'd get back to basics and live a much simpler, cushty life and bollocks to everything.....