How Much do Event Planners Make & How to Charge your Clients! $$$
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- čas přidán 4. 08. 2018
- Event Planning 101: How much do event planners make and how much should you charge your event planning clients!
In this video, I discuss how to charge your event planning clients correctly as well as how much event planners earn on average per year. I became an event planner at 24 in college with little to no money and you can too! How to become an event planner? Start your own event planning business today with my free online event planning training!
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[Event Planning 101]
I give advice on being an event planner and how to start an event planning business with little or no money at all.
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Thank you soooooooo much, No one doing events really explains how much to charge and I really have an appreciation for you...Blessings to you
This was extremely helpful. Thank you for making this channel, keep up the great informative work! You’re inspirational!!
I swear your videos are fun to watch and informative. Keep them coming! You’re great motivation
Thank you I'm so glad, I try to keep them as realistic, fun, and relatable as possible! Thanks so much for watching! :)
I know I found you a little late but I am so thankful for your content and nurturing-bossy personality! I subscribed on the first video. You're my first coach for my new career. Thanks again and keep glowing and sharing if you continue to feel called to do so.
i love your energy! I'm new to ur page. I just started, a new business in the event decor. I'm learning something different every day. thank u for ur advice..
Positive vibrations back to you...greatly appreciated your inspirational words🙏❤🙏
Your energy is awesome!!!! Really seems genuine!
I love this! You’re so well spoken and I love the energy you give through your video!
This was helpful to me so thank you!
Ps. Just subscribed
You are too sweet love! I'm so glad you found it helpful, and that you are sticking around to join the family 🤗❤
AMEN!!!! God bless you and your entire family and your business!
Aww I receive all those blessings, you as well love! 💕🙏🏼
this is so exciting!! i love event planning
It is such an exciting career, stressful but well worth it if you're passionate about it! Thanks for watching! 🤗
I just came across your videos while looking up how to start an event planning business...and wow! Aside from you being so gorgeous you provide SO much helpful information! Thank you for everything...going to binge watch your videos!
I so love this video! It's so genius. This is exactly what people starting off are googling and looking for. I know I have many times. And everything you said is on point. I especially love the end.. got to show us a little of your character haha girl you got to tell them how it is and who wouldn't love you? There's something about you that makes me trust everything you are saying. It's like if I know for sure it's genuine and from the heart! Keep putting out videos and blessing others with knowledge. The best thing you could do with an education is help educate others.
Yes! I like going to the gov sites because the averages are more realistic since they survey like pretty much the whole country. lol I'm trying to add in a little extra in every video! I get scared sometimes that it comes off unprofessional, but I want my channel to be down to earth, so I'm glad most everyone can see that! I will, thank you so much for always being so supportive. You are doing wonderful things over on your channel for others too!! ❤️
@Miss Event Planner you are phenomenal. Since early am, I have viewed a few of your videos. I had to subscribe. Superb videos and very informative! You are one of those professors I do not mind attending their classes. I've solely given Family reunions (decor & all) 3 times now and setup popup tables for a friend. For 3 years I've been collecting decor inventory that a small bedroom is filled with boxes and bins of decor items. Haven't gotten my feet wet; as I'm looking forward to retirement soon and desire to swing into this. I have business cards, few photos, no website, and do not drive. One of my issues were with transporting to venue and back. Hoping you are Family are safe during this Pandemic.
I am currently an event planner! Had to subscribe love all of your videos!
Thanks love, welcome to the family! 💕
Thank you for this video. This really helps
Thank you for watching, I appreciate it! :)
Thank you very much for sharing, the details in the description was very helpful thank you and may God continue to bless all you put your hands to.
Hello, thank you for watching, I'm glad I was able to help in some way. God bless you and yours as well! :)
Thank you for this great video! I'm new to event planning and you provide great information. I'm glad I found your channel!
Hi Linda, of course and thank you so much for watching! Best wishes with starting your business and growing it and welcome to the family, we're glad to have you!
@@BashBesties Thank you!
Thankyou for this video I’m starting my own business😁😁😁
Thank you for this!!!!! Going to the Etsy shop right now!!!
If you're interested I'm going to be splitting my channels up in the coming months. I am starting a new one that is purely for Event Planning topics, so first I'm trying to get as many of my EP viewers over there so I can start putting up content. If you could subscribe to that channel if you're interested in seeing more EP related topics I would love to have you!! Here's the link: czcams.com/channels/XSZDDiw2XLAjaTa0nZnHhg.html Thanks so much! xo ❤️
Another great video! I was wondering if you’d be willing to share how you pack and transport event decor (ie in boxes, bags, bins, etc). Also, I’d love to hear about what you wear to your events. I’m starting to put myself out there and find you to be so inspiring! 💕💕
I will definitely write that one down! I think that's a good video topic as well! What I wear...oh gosh...I actually work my events, so I wear what the rest of my team wears lol We work hard, we lift, set-up, entertain, and clean up. So usually we dress comfortably and in all black so we look somewhat uniform. We've went through so many uniform changes since I started the business and that just seems to work the best for what we do for my parties. I had printed shirts made up in the beginning, but I didn't like how we looked in them then. I need to get some more printed up, as I think that's the best option, but this time investing in a little better quality shirts. That was my mistake in the beginning, they looked so cheap, and in my opinion unprofessional because of the quality. I am so happy for you that you are getting out there, that's all it takes, you just have to start! I wish you all the best Lisa!! ❤️
The Makeover Mom thank you for your kind words and all that you do! I agree about the t-shirts and I need to get some printed up ASAP. Have a fantastic week! 💕
Yes money , money money honey!! Lol! Loved this! Thank you!
Yaass!! I'm glad you enjoyed it, now go get that $$$ lol
I love your message ! God Bless You 💕
Thank you, God Bless you too 🙏🏽💕
Love your videos! I am wanting to start up my own event planning business focusing on smaller scale bridal and baby showers. I wanted to offer two options: full service and event decor/styling and pricing is so hard to figure out as you said! For the full service, if I’m booking venues and using other vendors as well as providing decor and styling, do you have any recommendations on how to charge for that? Do they give me a budget for the whole event and I take a %? Any insight would be great! Thanks for your videos!
as the quote says better late than never i m a 16 years old girl and i have a lot of passion for event planner so today as i was looking for information about event planners and i found you video it is so helpful by the way i just subscribed you are so amazing
🤷🏾♂️Thank you I have a small business & you have answer all my questions 👍🏾👍🏾👍🏾thank you
Aww I'm so glad, thank you for watching!! Best wishes with your business!
Hey! So glad to find your videos. My sisters and I are considering starting an event planning business because there is no where near us that offers that. It's something that we enjoy and can do together. What would you suggest if there's no businesses around us to compare to how to even start with pricing?
BLESS UR HEART UR AMAZING THANK U FOR SO MUCH INFORMATION..
Of course, thanks so much for watching! 💕
You are Phenomenal Girlie!!!!
Glad i found your channel 😊💖
Thank you, I hope it's able to help in some way!! Best wishes!!
Thank you!!
Much love & goodness to you & yours -!!!
You as well Michelle!! 💕
Thank you for sharing all this information. I’m seriously considering pursuing my event planning/decorating career. Watching your videos inspires me even more. I’ve been wanting to do this for awhile I just need that push to move forward. Kinda get out of my comfort zone.
Hey there Janet,I have wanted to do this for years-!!
I have always been good at it 😀
Good luck to you -!!
Great info!
Thank you! 💕
Subscribed ........... 👏👏👏👏👏👏great information
Love your videos! They are so inspirational! Can you do a video on organizing your party supplies?
Aww thank you so much, I'm so glad!! Yes, I'm actually working on one right now! 🙌
I love this video so much 😍😍 do you have a video of u organising a party
I love this video so much 😍😍 do you have a video of u organising a party
Thank you sis!
You are so welcome, best wishes! ❤
I love your videos, very informative. I took a break from the wedding industry for 5 years and I'm making a come back. However I was just catering to bridal party bouquets, I've moved on the events planning and decor and I'm struggling with coming up with a price list for decoration (eg. per table) can you help assist with that ? How do I go about providing pricing?
Thank you so much lady -!!!😄💖
You are so welcome 🤗
I love everything you do,I am interested in event planning too.
Aww thanks girl! That’s awesome, what kind of events are your favorite?
@@BashBesties birthday's party especially kids parties and baby showers
Yes, I love that area too! Not a big fan of wedding planning although they’re beautiful. Well this if the right place to be for kid’s parties, make sure to follow me over on IG at Miss.EventPlanner for more content and pictures! Best wishes love! 💕😊
Thanks beautiful for the information ❤New Subscribed
Glad to have you dear, best wishes with building your business this year!! 💕
@Miss Event Planner just wanted to let you know this was my first time seeing your videos and I sat there and watched 3 of them lol. You are truly a blessing because I learned a lot just from those 3 videos. I have just 1 question, I am just trying to start my own business but I use to do this type of work to make a little side money back home but when I moved to Las Vegas 7yrs ago it was a big culture shock for me and I just need to know to get my business off the ground do you think I should setup a party for my 1st client and under charge just to show my skills but explain to them that I normally don't charge this etc etc?
Thank you so much, I really appreciate you saying that! Also, welcome to the channel! ....Instead of telling them you are purposely undercharging. I would say you're running a limited time offer. It evokes the feeling of scarcity without you even having to explain anything!
@@BashBesties great choice of words and thank you❤❤
Hey, would you please make an budgeting ideas not exactly but estimates for the birthday party event, marriage events... ??
i love your channel my wife i are party planners also, we do alot of parties in our area.
It’s so awesome when you can be in business with your spouse, I hope you guys have a successful 2020 and thank you so much for supporting the channel! 💕
Thank you
Thank you for this video! I've been bing watching your videos lately and they have been so helpful as I'm trying to figure out how to start my event planning business. I have a question, I don't think I'm creative enough to be an event decorator and I have $0 to buy decor materials but i do enjoy event planning. As a beginner, do you think its better to include event decoration in my package or just strictly planning. I'm scared no one will book me since i wont offer any decorations like most event planners do. I feel like most event planners now are actually event decorators but throw in some planning for the package. What do you advice?
Aww I'm so glad you're finding them useful and congratulations on starting your event planning business! That's a great question. I would say no. I think it is very attractive to clients, planners that offer decor and such, but I think that depends mostly on the type of events and clientele you're targeting. For me I target parents, parents want parties that are fun for their kids, easy to book, and looks good to impress their guests for the most part. So, me offering party planning that is all inclusive, with decor to make it look good, and pre-set easy to book packages with fun themes makes sense. Now, I don't think a wedding client or corporate client would expect me to provide decor, see what I mean?
I wouldn't suggest you thrusting yourself into an area of business you're not comfortable with or probably don't even want to do because in the end you won't be truly happy. I suggest you carve out your own personal niche of being the event planner or "coordinator" that you want to be. I think you are right too about that point! Most I feel are event decorators too and throw in some planning like you said, for instance me kinda lol. I think everyone just uses the term event planner because that's the term all clients really use. It would really be great if we could re-educate the people so they know the difference.
I would suggest if you like the "planning" aspect, write out what all you like to do and want to be in charge of so you know exactly the kind of business you want to create. Some people specialize in month of planning for brides that are doing it themselves but need guidance. Some specialize in day of coordinating, so that they don't actually have to handle everything the day of their wedding. There's a great need for these type of "planners" since this is the day and age of the DIY everything trend! I personally would use a service like that. I'm a party planner and would plan my own events, but would want someone to oversee whats going on the month of or day of so that I could enjoy my event. If you don't feel you have that creative bug, try targeting corporate business planning (planning conferences, retreats, team building events, and such). You'd probably make more money even because of the bigger budgets. Good luck to you, thanks for watching! :)
Gosh, you are amazing! Thank you for the timely and detailed response. I really appreciate it. The "month of" and "day of" coordinator is a really good idea and the perfect fit for me, I'm just not sure who will trust me with their wedding as a beginner since there's really nothing i can show them to prove I'm capable for the job.
You may have to volunteer at first, use friends/family events, or offer some services for very reduced prices (only in the beginning.) Maybe not weddings at first, try coordinating smaller events then work up, birthday parties, church events, community events, etc. and ask for reviews, reviews, reviews. Reviews and testimonials will be the key to your niches success. Make a Yelp and Google page for yourself and any and every event your apart of ask for reviews from everyone. Still make yourself a professional looking website though, and if you need to use stock photography until you get your own photos! Best wishes!
Im currently 16 and I'm thinking of becoming an event planner, I really struggle with maths , always have. Do you think this will effect me pursuing a job as an event planner.
I think you'll be fine hun. I still use a calculator to make sure my math is accurate, you're not the only one! lol ❤
DO IT. MAKE YOUR BUSINESS NOW.
If your 16 thinking that big that mean you have passion to do something and your more skilled then a person thinking this after lot of struggle please do it you have a budget to start a event business but learn all the techniques before you jump into any conclusion.
Math should not effect you business skills use a calculator.
ah! thank you! I'm having a mid 50's life crisis and Ive always ALWAYS wanted to start my own party decorating business (or something along the lines of) I grew up with parents who always told me to be realistic about my career choices and 3..4 career paths later I'm finally putting my foot down and trying to do what I've always wanted... I think I need help with just overcoming the perception that this path is not realistic. I know it takes alot of work but what would you advise for a middle class family, not looking to be filthy rich - just really hoping to enjoy and love what I do which is party decorating. Hope that made sense if not then just know I learned alot from this video. Thank you so much xx
You are not the only one! I hear countless stories of those who are looking to change careers at different stages in their life. I'm glad to hear that you have mustered up the courage to step into what truly makes you happy, even if it's just getting your feet wet!...
Well, what I would advise for your particular situation is first, don't quit your day job like they say. It may take a few years to get this thing going. Some people have quicker success than others of course, but like I say to everyone go after what success and happiness is to you! Some people want a fully booked calendar. Some people use it as a creative outlet and want one party every couple of months. Some want to be a rich and famous celebrity/luxury planner, and others just want it to save a little extra money for their children's college fund or vacation. I love that you are clear on your financial and personal goals for your dreams. Also, that you are realistic.
I'd first start doing events on the weekend around the job you have currently. Take the first 6 months to a year to build your website, get your cards, do your mock shoots, start telling your friends and family about your business venture. If any of them say anything negative, please ignore. If you know somebody will discourage you, you can leave them out of the announcement lol .....During this time get your feet wet. Try to book smaller events, volunteer to decorate friends or family members upcoming engagements (using their budget) and build your portfolio. Over this time you'll start to see a niche you probably prefer or an element of planning or decorating you are more interested in. (For instance, weddings or children's events. Maybe it's just doing treat tables. Maybe you find you can make the treats as well? Voila! You discover your specialty, once you do I like to niche off at first for greater profits and the ability to stand out in search. Once you've started to get the hang of everything I'd start to do some local fairs, adding in some paid advertisement, and really starting to push your business to start growing and making more income. One of the key things I would say for sure though, is make sure you decide on a niche that makes sense for your schedule and the amount of money you'd like to make. For instance, children's parties can often have lower budgets, than say weddings. So you may have to plan more parties per year to make the income you want. Or maybe you have to do luxury children's events...Say you only want to do a few events per year, maybe luxury events is your goal or being a corporate planner. So just always keep that in mind! Best wishes!
Miss Event Planner oh my goodness that’s such sound advice! Thank you so so much 🙌🏽🙌🏽 I actually went out and got a couple of things for my mock shoot. I have told only 2 people and have decorated so many dinners and parties already but didn’t think to take quality photos 🤦🏻♀️ will definitely be bringing my camera with me to events I help out in ☺️☺️ thank you so much! Means a lot ♥️🎉🎊 so excited!!
Yes, your camera is a must at all times!!! 🙌🏼Take photos of everything you do it will make it so much easier when trying to promote yourself!
Hey... Wonderful stuff
So can't you give us a pricing template and business profile template... Or advise on how we got about making one
Yes, one is in the works and a full video about it as well!
What about buying the items especially the big items like thrones walls,etc lol these events are fancy now. Like how do you knw who to contract with to rent from or buy in bulk to have for future events
I am 24 with 3 kids and starting out my event planning. So far I have two event I am working on. I am just having problems with setting the price for me hosting events. What my profit would be and my spending for the event, how did you start working with that?
I would definitely add some gold rim cups to make the partyy cuter
Hi! What camera do you use to record your videos?! I'm looking for an affordable yet high quality camera to begin filming for my channel! Thank you!
Thank you for your informative videos! I was wondering if you’ve ever ordered anything from Alibaba for your buisness?
Of course hun, thank you for watching! It's funny you'd ask because I have my eyes set on buying some backdrops and cake stand sets from there for a couple months now, but was a little unsure. If I end up ordering them I'll make sure to do a review of the experience! What were you thinking of purchasing from there?
Miss Event Planner thinking of ordering those white pedestals
@@livendreambeauty1677 I think go for it, there's a couple sellers on Etsy too if you want a little more guarantee, but a lot of those people are getting it from there too because most of that stuff is made in China and oversees regardless. I was thinking about getting the acrylic ones too. I'd say purchase one, see how it arrives, then order the rest if you're thinking about getting a set just to make sure.
I purchased the other guide and it was worth it because there are things I didn't think about when starting my event planning business. I have a quick question: Have you ever did mock setups to promote what you can offer when you first started out? And if you did, how often should I do mock setups...especially in the beginning stages of starting my business? I know in your other video you mentioned that you used your nieces (I believe) to show your spa-day setups.
So happy to hear! Yes there's a lot of little things we often overlook in the beginning, I know I did! Lol I'm glad you are getting use out of it, I'd love to hear what areas you found most useful?! Yes, I absolutely did mock setups, and I recommend doing them as many as possible. It's all practice and work for your portfolio at the end of the day! I did them at first as needed and I still do them to this day, just not as often of course. So, like you mentioned if I needed a spa party picture for my website, I would do a spa party mock set-up and photoshoot. When I added new themes, I did shoots to promote them to my clients. Visuals are everything, my pictures 100% are the selling feature for my business. For example, I offer about 7 themes on my website. In the beginning, I did mock set ups for all of them. I have one new theme that I've never done a mock setup for (a mermaid theme.) I was being lazy and just posted a generic pic of these costumes I bought for it, and literally no one has ever requested that theme lol Its the only one out of all of them. Visuals are everything! Getting event planning clients is in the simplest form about your portfolio, photos, photos, and more great photos!
OMG!!! WHERE DO I BEGIN?!?! Well since I'm in the beginning stages of "Researching and Brainstorming", I have definitely created a Business Binder (with your PDF file in a tab called "Resources"). I absolutely love the "Idea Journal" (who would've thought I would have so many ideas outside of researching...sometimes I'm shopping and a idea would come up). I also LOVE LOVE LOVE "Business Aspiration File" which is why I'm definitely buying this doc because it's so useful to know what a successful business looks like in my field and aspire to have something similar and more!!! Thank you for spending time and writing back. There aren't many channels out there about event planning and if there is, it's soooooo boring (lol)! I'm so glad I'm on the right track when it comes to coming up with mock setups. Do you recommend a place/website that sells linens for a decent price?
Ahhh I'm so excited! I feel like I'm recommending it, but noone is actually making one lol I know this is a lot to ask but can you send to my email (theofficialmakeovermom@gmail.com) or tag me on IG with a picture of yours, you can be in it too! I'd love to use it and feature you! You can send me your business details too so I can credit you.
Yes, the idea Journal!! I was laughing to my husband yesterday saying you know I really practice what I preach. I've been relaunching my business website so my notebooks have been glued to my hands all week lol He says I know those things are everywhere, in the car, on the table, in the bed! 😂 Yes, especially when you're shopping you get the most creative ideas, if you keep one in your purse, you can easily jot down all that genius!
lol I sometimes struggle with whether I should switch my channel over to a more serious style, because I fear some won't think I'm a real and credible event planner. But I feel like you're right, that's how every other event planning channel is, so I like that mine is more light-hearted and down to earth. I'm glad you enjoy it too!
I have access to the fashion district in Los Angeles where I get all mine, but maybe I can do a video on my vendor suggestions soon. Really Amazon has pretty good prices these days. I love the free shipping, and that you can get it in a few days too especially if you're in a pinch!
Hi again I do proposals what do you think about that?
U have such good solid info, thanks so much! Now, the music is off, it just is. I think when u are talking the music should stop. Are u aware of the channel "keep calm and clean", she has the best music I think on CZcams!
Hi Tammie, of course and thanks so much for the suggestion! I always appreciate input. I headed over to Keep Calm and Clean's channel, and she has a very nice channel, but also very different content. She has a lot of different clips, angles, and such which keeps a video exciting to watch and holds viewer attention, so it's okay if the music stops a little bit for her to talk. My EP videos on the other hand are more information driven and unfortunately that's automatically less entertaining, because it's just me sitting and talking from one angle that's it. If I turned the music completely off when I'm talking most would complain the video was flat and boring. I think the music could be a little lower in this one though I agree which I think would've helped! My camera was beeping in the first half of it, you can hear a ringing sound. I was trying to cover with the music which I'm thinking maybe made it worse. I do appreciate your recommendations and will definitely take it into consideration for future videos. My hubs will be helping with sound for most of the vids from now on, he's better at it than me, so it should improve for the most part from here on out! Thanks again for watching! ❤
@@BashBesties Your very welcome, and again I really enjoy your content, it has been a huge help to me, as I hope to do my first event planning gig in the new year! Good luck to u on your progress on CZcams, I will be following u!
I appreciate it, and yes I hope this new year brings new opportunities for you and your business to start and grow. Thank you so much for supporting the channel, it means the world to me and again best wishes!!
Did you go to college for this or just started on your own
How do you determine your flat fee? Is it something that you can do after you have built up your inventory?
Hello Stephanie, I like to base my “planner fee” on how much money I need or want to make per party to meet a certain income goal, while keeping in mind the avg. market pricing for similar services that meet the same quality I offer and my experience. I would then take the amount in need to make per party and that is used as my starting price…and then it goes up depending on client party requests or what’s in my package.
However, I base my decor package prices fees on the cost to produce package + my profit margin.
You can determine your fee before you have inventory as well. It just depends on what services you are offering. If you’re an event planner you can determine your fee upfront, where as if you’re a decorator you’ll need inventory to figure out pricing if you offer decor packages.
Your Eyes 😍
love all your videos and guys....how do you dress for your events....i have ideas in mind but just wondering if you have certain attire or some type of uniform and do you complete these events by yourself or have help
Thank you!! That's a good question I will try to do a video about what to wear. I do events with 2-3 other helpers depending on the size of the event. I have had a long trial and error experience with uniforms for my business. As of now we wear all black, comfortable bottoms like nice solid work out pants because we do a lot of lifting and bending down to play with kids. We also wear plain black short or long sleeve t-shirts. I need to get new specific ones with my logo on it that I had awhile back. I stopped using them because they looked cheap to me, but now I know it's just because I needed to invest in a higher quality T-shirt. We wear black shoes, I wear nice looking workout shoes because we haul from the car to the party space and set-up and it's the most comfortable. Then we wear an all black apron to hold scissors, hair ties, n such as we do crafts and beauty services on the children. So our uniform makes sense for our business. If I was a wedding planner I wouldn't wear what I wear to the children's events of course! So it all really depends on your clientele and what duties you'll be responsible for. :)
Thank you so much this was helpful
Of course! :)
Very imperative information.
So when charging a flat fee, does that money cover expenses for decoration AND your profit from the event?
Or is it best to have a separate budget for purchasing what’s needed and having them pay for your services. That’s where I need help. 😩
Yes, for my business it does. I charge a flat fee for a set pre-set package (which I already own pretty much everything for). Any add-ons the client wants to do above my already set package there I charge an additional fee. My profits are baked in and my labor and expense costs are relatively low. However that works well for my business, as I’m doing smaller children’s events.
So in the beginning I think packages are the best route, because 1. It’s easy for clients to make a decision 2. You continue to get booked for the same package as you build inventory for those packages, the expenses get lower and lower 3. You don’t have to fumble around with pricing, it’s easier to stay firm, as sometimes clients try to negotiate or feel some type of way about your “planner fee”...in a package they don’t know where the money is going, so my profits can be whatever I choose from that price. However, it’s my responsibility to stay on budget or it will decrease my profits.
Alternatively, you can charge your fee, and then work off the rest of the clients budget separately. That’s nice because you will always know what you’re making off of an event. However, imagine in the beginning (because usually you’ll start with lower budget clients).....say my client had a $600 budget and my planner fee was $400. A client might be like 😳...But if I showed them a set package of things I already owned and said you can have all this for the $600 package..then I only have to bring that and I can still take my $400 as long I provided what I showed them in the package. 💕
@@BashBesties thank you so much for the information! I had someone reach out to me a week before their event; I quoted my starting price at $200. Within the $200, that was going to be my decorating fee AND decor (I knew I was short changing myself). They wanted a specific theme that I did not have in my inventory. I mentioned if they wanted to move forward with the date, there was going to be a $50 deposit and to let me know how they would like proceed.
Flash forward, they decided to go with someone else. To me, $200 was a steal!
Girl you’re not alone! This is happening to everyone, all the time. It’s frustrating, but every client is a teaching lesson...Their loss too, I bet if they would have paid you the $200 you were gonna have their event looking right too. 👌🏽💁🏽♀️
How do you calculate a flat rate pre-priced package?
I base it upon the average expenses for the type of parties I do + how much I want to make minimum per party. ❤️
so a friend asked me to help host a party she is having. i told her i charge 25 an hour, is that too much or not enough? i will be doing food, drinks taking coats keeping things clean.....
I think it all depends on how many hours she’s having you for and the amount of guests for the party. Cleaning up for 30 guests vs 100 is going to be a big difference in the amount of work. If it’s from party prep to clean up, $150 for 6 hours for helping out a friend wouldn’t be too bad. If she wants you for 2-3 I’d probably want a little more than $50-75 for such duties. I’d personally raise my rate if I were doing it for clients for sure. 💕
👍👍
If you're interested I'm going to be splitting my channels up in the coming months. I am starting a new one that is purely for Event Planning topics, so first I'm trying to get as many of my EP viewers over there so I can start putting up content. If you could subscribe to that channel if you're interested in seeing more EP related topics I would love to have you!! Here's the link: czcams.com/channels/XSZDDiw2XLAjaTa0nZnHhg.html Thanks so much! xo ❤️
Hi, in another video. You said you started with investing zero dollars. Did you charge clients how much everything cost and then your separate labor fee?
Hi, in the beginning I started with my camera and my laptop that I already owned and a free website. At that time I wasn’t charging correctly at all! It’s a mistake most new planners make coming into the field. I had preset packages and I just made up random prices I thought sounded right and people would be willing to pay in the beginning. I quickly learned I wasn’t making anything at all. So I raised my prices with every event.
Now I have preset packages still, but pricing is way higher. I have most items I need in my inventory so my expense per party is low. Add-one are an additional charge and I bake my “planner fee” into the total package cost. Depending on your type of clientele and niche this pricing method may or may not work well for your specific business.
Miss Event Planner thank you for responding... I’m enjoying all of your videos right now. I am doing my first party next week and I charged $150 for my fee and I had her purchase the actual supplies. A few items that I know I’ll use again I paid half of it ($22) so that I can keep it after to start building inventory. I really just wanted to start building a portfolio, pictures etc and I have 3-4 more events already booked that I’m charging $200 for. Is this a good start? (THANK YOU FOR YOUR VIDEOS, SO HELPFUL)
Yes, just getting booked is a great start! Congratulations! You absolutely need photos and to start a portfolio and that’s exactly what you’re doing. After you’ve got those next couple of events under your belt I would just recommend start raising your prices with each booking. Even if it’s just as small as $20 every party!
How you do the hourly rate stuff it's so confusing can you please guide me through it I'm planning to open a event planning business soon but dont know how to do it. It would be nice if yeah help me😊
I know it can be hard to grasp pricing because it differs from business to business state to state. I will try to shed some light on it in a video this month! 💕
I have a question when you said say an event planner around you is changing 500 dollars so do the same, in that 500 dollars will I have to get supplies to make the centerpieces or decorate the table excetera or will they have to give me money for supplies as well?
Hi Tierra, the amount I threw out was totally at random, what I mean mostly is to make sure you’re competitively priced. If you research planners in your area you’ll notice there’s a similar starting price for services. I mean make sure you stay around the market price in the beginning. Once you’ve gained experience and credibility you can charge at your will if your clients are willing to pay your rate.
So event planning and event decorating are technically different, but lots of people merge the terms together these days and do both, like myself....$500 for an “event planner” would be planning only and wouldn’t include decorating at all. So the entire fee would go to you....If you’re a decorator too, then that $500 could either be your “decorating fee” and you can require an additional decorating budget on top of it......or you can have a flat rate package for smaller events it could be all inclusive for the $500. It’s completely up to you..and would depend on the level of budgets you’re working with, client expectations, the size of the party, what decorating elements are being requested.
That’s why pricing can be so complicated! If you were trying to “decorate” a 100 guest wedding $500 flat rate would be ridiculous, but if you were “planning” a very simple 100 guest wedding it may make sense for you. Alternatively if you were “decorating” just the main cake table (no treats), then $500 flat rate would be totally doable. 💕
Love u
💖u too girl!
What do u do to hire help to set up a event if you don't have family or friends to help
You can post ads on hiring networks like Indeed, since I work with children I like to sometimes hire from Care.com.
I have a question since you say you offer packages do you do the same setup for all of your clients?
Hi Evelyn, yes and no! I have a similar set-up for each event, yes. For instance, I would bring one table for every 10 guests and the same type of chairs as I supply them from my personal stock and a backdrop. This way people actually prefer because it's all wrapped up in one all inclusive package with decor and entertainment, and I make more money per party by not having to use a rental company. If someone wanted to do a different style of chairs and tables they'd have to rent those themselves. Each package has a theme, so "paint party" is one. Therefore, every paint party would look similar in set-up, but I give my clients options to choose colors and I try to buy new decor or switch up decor as much as I can within the realm of what I have to provide in the package. Like if I have a paint party, I have to have easels and canvas, but I may change the placemat color, or paint the ends of the paintbrushes so every party is a little different. So, in all every party has the same "set-up", but not the same exact decor all the time if that makes any sense. Thanks for watching!
The Makeover Mom thank you this is helpful... I'm starting to get into the dessert table part of events and not the whole party planning but dont want to have a million custom decor around and would like to reuse items. Thanks for your reply !
Yes, that's a great niche! I've had some of my higher end clients pay just as much for the dessert table as they did for us to set-up and entertain the party :/. So, you can definitely make a lot of money in that area, and I think if you do have pre-set packages or even tablescape themes, it'll be less stress on you and easier for most clients to book with set options.
If you're interested I'm going to be splitting my channels up in the coming months. I am starting a new one that is purely for Event Planning topics, so first I'm trying to get as many of my EP viewers over there so I can start putting up content. If you could subscribe to that channel if you're interested in seeing more EP related topics I would love to have you!! Here's the link: czcams.com/channels/XSZDDiw2XLAjaTa0nZnHhg.html Thanks so much! xo ❤️
The Makeover Mom of course ! Just subscribed 😊
How many parties/events are you planning a month or on a yearly basis?
Im struggling right now, I have a client that has an unlimited budget and have no idea how to quote them for my service
That’s a good problem to have actually! 😊...So you can either charge by the hour, flat fee, or commission. Or a combination of both...since the budget is likely to get up there with unlimited funds. I’d charge probably charge a flat rate plus commission on vendors or a commission on the overall budget over a certain amount. Usually around 10-20% of the budget depending on your skill level.
First before figuring out what to charge, you should make sure to figure out what all they want for the event and what they expect you to handle. Then you can charge accordingly. Don’t come in low either because you know they have the funds, and don’t forget about little charges that arise. Gas, travel, hiring out staff that all adds up and should be charged separately from your planning/design fee. 💕
Do you need to do a degree in event management to become an event manager?
It depends on if you want to work for a company or not, and from company to company. If you open your own business, technically no, but it doesn’t hurt to get that education. I have a video on this topic with more information in my Event Planning Business playlist. 💕
This was an amazing video.. I do have a question let say for example my flat fee i believe that also means Planner fee is $200-$300 and the client wants add ons that I do hve being a home based business.. For example: rentals like couples Sofa, balloon gardlands, treats, back drops if its a kids party ( kids tables and chairs and bouncy house).. if these add ons are all from other VENDORS how do I now charge a client for my services and incorporating what they want for their event??
2) Should I already assume what my vendor partners are charging and just do everything as one whole package? For example package 1 $1,025 comes with Main area set up, back drop, treats, 1 balloon garland, etc please Helpp! Setting a planner fee flat rate is not the hard part the confusing part is when other rental vendors come into play . Also these prices would go on the invoice right
Yes your flat fee would be the planner fee. Although I understand you do rentals which once we merge being a planner and a vendor is where we start to have a hard time with charging.
My decor pre-priced packages incorporate my minimum “planner fee” and anything included as a rental, that is ALREADY in my inventory or something I know the price of if in needed to outsource to another vendor (like a name sign).
Anything on top of that I can’t provide, I charge as an add-on. Vendor add-ons are subject to a vendor handling fee or vendor service fee. Some people will charge like 15% on the total vendor costs on top of your planner fee since you’re conversing with them and having to deal with other companies, etc.
So you would have your planner fee, your rentals fee, your gas, time, labor etc. fee, the add-ons from the other vendors, plus a vendor service fee.
I only include in my pre-priced packages what I can already calculate out and have in stock…because other vendors may vary or change prices.
For instance. I include balloon garlands in my package. If I do my own balloon garlands it’s profitable and I know I won’t need more than probably $200 in supplies. If I have to outsource I lose a lot of profit, as an outside vendor might charge me $500-1000. So if they wanted a crazy custom garland I would charge that as an add-on not include it in my package.
Yes I send an itemized list of all these prices, EXCEPT if I have it listed on my site as a package. I will just say “Package #1 $1000” on the invoice. I’m not breaking down by line item that package because then they’ll try to pick the package apart…if that makes sense.
Thank you… just a lil correction i have no inventory or rentals .. i do carry linen and Chargers and napkins
i just like to outsource everything from other vendors such as balloons, chairs furniture , drapes back drops etc just wanted to know since i like to outsource how do I incorporate the vendors with my flat rate Thank youuuuu ..
So your linens, chargers, napkins you can either price out those items and include them in your package for different amounts of guests. Or you can charge your flat “planner fee”…and charge the linens, etc as a “rental” on separate line items on your invoice.
If you want to outsource most of the event, but still include the vendor outsourcing into your own flat rate package…I don’t recommend that method just because of vendor variable pricing..
But if you do you would have to pre-source your vendors and make sure you account for the highest possible amount they may charge for that particular item included in the package. As well as build in your vendor service fee for handling multiple vendors.
Does that answer your question? Let me know! 😊
@@BashBesties Thank you, It doesnt make sense but I have read it 5x over so it should eventually.. Let me make sure I understand so that I can stop asking questions lolllll .. here is an example My service fee is $200 (example) My package includes Linen of any color ( might order) i also have chargers napkins utensils glassware etc dollar tree.. I know a treats person she charge $240 for a dozen etc now The client comes to me and say I want a cake swing, love seat, balloon garlands chivalry chairs or ghost chairs ($8) and flowers and I know which vendors to get all those the vendors give me their price (assuming I use them often to know) When giving the client an invoice for total event based off what they want. it will look like Total: $1,300 service fee :$200, $ balloon Gardland $150 etc etc and I Pay the Vendors correct? Or this the way your saying to Not do. Thank you your so Patient with my question
Can you please answer my question : I am really bad at biology and geography and I want to be an event planner will this effect anything?
Please answer
Hello Zumra, I think you’ll be just fine! 👌🏽
I’ve started my career as a small Wedding Business Entrepreneur, but after a few months I literally realised that I need some basic knowledge to be a part of this Industry. Then I attended a session of the Wedding Management Institute and my career started taking a good pace. Start your Career with Wedding Management Institute.
I’m in college right now for business can I already start it event planning business and would this work has a part time job right now?
Starting while you’re in college is the best thing you can do in my opinion, it’s actually what I did! It’s a lot of extra work though building a business up from the ground so you have to be prepared to take that on and make sure it doesn’t disrupt your studies. I did it with two kids and a husband so if you’re single then you can imagine how much more time you have available to beast mode school and your business!! 💪🏼💕
Miss Event Planner so I can start with out any degrees or anything. And thank you for giving me tips I really appreciate it
Yes, absolutely! You don’t need a degree or any certification. You could start tomorrow if you wanted. I would just recommend reading up on deposits and contracts to make sure you have the business side together to protect yourself while dealing with clients.
I have been an event designer for over 20 years working all over the world. If you ever want to do a joint youtube please let me know.
Informative video but whta's with the distracting Bollywood music in the background?
There's not a whole lot of good music choices in the CZcams Audio Library to begin with and I'd rather not keep using the same ones in every video. No music at all is just way too flat. Making the best with what I have available, thanks so much for watching!
@@BashBesties Just found it distracting to anotherwise very interesting video!!
The Makeover Mom pp
Please don't overuse editing. It is hard to hear half cut words. Better to have a little more space than cut it roughly.
Great suggestion and totally agree! It’s not purposely done usually, I often am speaking too fast while filming so I must cut abruptly. I’m still getting used to talking on camera and shooting, so hopefully this will get better as I do it more! I’ll be more mindful of it. Thanks again for your input! 👍🏻
I'm from Sri Lanka.
Help me get into the field of event planning.....
I'm new member.
Please help me.
🙏🏻🙏🏻🙏🏻
I’ve started my career as a small Wedding Business Entrepreneur, but after a few months I literally realised that I need some basic knowledge to be a part of this Industry. Then I attended a session of the Wedding Management Institute and my career started taking a good pace. Start your Career with Wedding Management Institute.
Very disturbing background music which was help to distract
Thank you for the feedback! Were you able to get the information?
This was only slightly helpful, because of the income numbers you mentioned. Very important part of what an event planner earns, is how much jobs are nailed down. If you do one a month on average, you're going to make a lot less money, than if you do more than double. It's 'duh', but of course the first rule in making money: get more business.
Hi there, so that’s not necessarily the first rule in my opinion. I would say that in this industry it would be to get the “right” business. More jobs don’t always equate to more money in this field for everyone. It really depends on what kind of event planner you are, your services, and your clientele. There’s some planners that take one to two high budget weddings or corporate events a month and can make the same or more than those doing 3-4 events every weekend. I know of a wedding planner that takes only 3 weddings a year and makes well over $100,000 a year. It’s hard to talk about money and how much jobs because it’s varies deeply from planner to planner. A good way to give people some type of backed concrete information is to share data conducted by government or trusted agencies because they have access to income information that we don’t. 😊
@@BashBesties So let's rephrase it. If you have lots and lots of empty days, you can't make as much money, as if you landed more of the 'right' kind of jobs, to keep you working. Being fruitfully busy for 10 hours a week doesn't pay as well usually as being fruitfully busy for 40 hours a week. It's the beginners, who are most interested in your video, not those that are thus creative and established, that they can ask any price for only three weddings a year.
Subscribed ........... 👏👏👏👏👏👏great information
Thanks dear! 💕