By Bryan Sheffield, Wonderful Machine
Each month, we explain a recent cost estimate, contract, or purchase order in the form of a Pricing & Negotiating article. By redacting the names of the photographer and the client, we can share useful information that would otherwise be confidential. You can read more about our Pricing & Negotiating services on the Consulting Services page of our website.
Concept: Photos of Olympic-hopeful athletes modeling the client’s clothes at a university sports facility.
Licensing: Unlimited use (excluding Broadcast) of up to 10 images for 6 months, and Web Collateral & Web Advertising use of up to 65 images for 6 months.
Photographer: Brand Narrative, Lifestyle, and Sports/Fitness Specialist
Client: Large clothing brand with over 200 retail locations.
Summary
I recently helped a photographer build an estimate and negotiate a project for a client developing a campaign tied to the 2024 Olympics. Ultimately, the photographer nailed the creative, and the client licensed additional images.
The project involved a single-day photo shoot at a university athletic facility in a major US city. The shoot centered on four athletes, each modeling and using the client’s athletic products within their respective sports disciplines. This shoot was conducted simultaneously with video production, each team having separate creative objectives and crews.
The initial deliverables included a series of images that captured the athletes using the brand’s apparel. Most of the photos were intended primarily for use on the client’s website and social media feeds, with some images for print and web advertising, in-store displays, and potential OOH advertising.
The client was responsible for providing all production support, products, styling, locations, coordination, talent, and talent management. They also handled all insurance, payroll, and image retouching.
Fees
It’s worth noting that this RFQ came to the photographer less than a week before the anticipated shoot date. We learned that the client had been working with another photographer, but they were not moving forward and needed a replacement quickly. The photographer and I were on the same page that their availability and attention to the last-minute project would put upward pressure on the fees.
Considering the client, creative brief, shot list, the photographer’s past work with this client, and the intended uses, I estimated $19,750 would be on the higher end of what the client might expect for a one-day shoot. However, we felt the total fees were fair, especially considering the cost breakdown: $1,000 per image for the 6-month unlimited use and $150 per image for web collateral and web advertising. We made sure the client understood the per-image pricing during the bidding process, which helped later on when additional licensing requests came up (jump to the bottom to see the final invoice).
Also, we added one pre-production day at $1,000 to cover creative meetings, planning, and crew booking. We added a tech scout at $1,200, along with $750 for a single travel day home, since the first travel day overlapped with the tech scout.
Crew
We included a First Assistant at $1,000/day for the Tech Scout and Shoot days, along with a Second Assistant to manage lighting and camera equipment on the shoot day. The client asked us to exclude a Digital Tech in the estimate, which seemed a bit unusual given the scale of the shoot, but the photographer was okay with it. The client also requested two Production Assistant swings (crew that would work for both the photography and video productions) for the shoot day to help streamline the still and video shoots and save money. Initially, I pushed back on including shared crew, concerned it would inflate the stills estimate with unnecessary items for the photographer and lower the video estimate, which we couldn’t control. However, the client insisted on including these line items while noting our concerns about inflating the bottom line.
Equipment
We included $3,000 for cameras, lenses, lighting, and grip rentals. While the photographer planned to use their own cameras and lenses, they intended to rent lighting, C-stands, sandbags, and other gear from a local rental house. We also added $450 per day for the photographer’s personal digital workstation, which includes their laptop and other peripherals. Lastly, we allocated $320 for three hard drives, one of which the client would keep.
Travel
The client would book and pay for the airfare and lodging directly. We included the photographer’s out-of-pocket travel costs such as baggage fees, airport transfers, and per diems.
Miscellaneous
The client asked us to exclude insurance since they would take care of it. Having encountered this with them on previous projects, we included a note clarifying that they would provide insurance for the production to eliminate any ambiguity.
Post-Production
We added $500 for the photographer to do a First Edit for Client Review, delivered as a web gallery. We also included estimated costs for the photographer to handle light cleanup and color work on the 75 requested images at $150/hour. The client had initially requested that they would handle all retouching themselves internally.
Results
The photographer was awarded the project the same day the estimate was delivered! The shoot was a huge success, with perfect weather, awesome talent, and a thrilled client. It was a great day filled with lots of smiles.
Additional Licensing
After reviewing the photography, the client loved the work and requested an additional 37 images. They wanted 15 images for web collateral and web advertising use, and another 22 for the retailer’s catalog and web advertising. The client also requested that the photographer do some light retouching on the images. We invoiced an extra $2,250 for 6 months of use for the 15 web collateral and web advertising images ($150 per image), and $4,950 for 6 months of use for the 22 collateral (including client catalog) and web advertising images, at a rate of $225 an image.
The final invoice included a Creative/Licensing fee of $26,950, plus an additional $5,587.50 for the post-processing/light retouching.
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