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DOING BUSINESS IN ORLANDO, FLORIDA
PART I
Doing business in Orlando, Florida
is a major challenge for photographers or anyone in the creative
arts. Orlando, Florida is a major international destination location.
We have many visitors, whether they are individuals, small companies
or large corporations, this is where they're going to have an
event or function. Orlando is a tourist mecca. We have theme parks,
and a high concentration of hotels and an extensive nightlife.
This provides an opportunity for photographers to provide services
for Advertising & Editorial, Special Events, Weddings & Anniversaries,
Quincearñeras, Food, Fashion, Entertainment, Recording Artists,
Public Relations Headshots or Comp Cards.
Orlando Florida appears on the
surface to be a photographers dream come true. We have Trade Shows,
Corporate Meetings, Golf Tournaments, Weddings, Entertainment
Production and those businesses that provide support services
to them. Talk to an event photographer doing business anywhere
but here and they are envious of the lucky photographers that
call Orlando area home. If they only knew the reality. Having
been in Florida for 27 years and working here for over 30 years
I have seen many changes and growth, but not always for the good.
Here in Central Florida, there
are a number of schools which specialize in training individuals
for the creative arts whether it be for the graphic design, photography,
film production, theater, fine arts or any of the other disciplines
that pertain to these categories. But when you look at photography,
every school, whether it is Junior High School, High School, Community
College or University, all have the normal academic courses. In
addition to the regular public school system there are specialized
private schools, which focus on film production, photography or
any of the related arts that support these two mediums. The point
I am making is that there are thousands of students graduating
from these local schools almost continuously with the misconception
that they have studied hard and they can be a professional photographer.
The problem is the schools left out 80 percent of the information
that these students will need. The schools have provided theory
with practical experience that was cutting edge forty years ago.
This is great intro knowledge to the Art of Photography but not
the business of photography. Along with this flood of students
we also have those individuals from outside the area that think
there are great opportunities here.
As in any market, there is only
so many dollars available and way too many individuals attempting
to secure their portion. Here in the Orlando area, there are individuals
that are very good photographers but their greatest asset is the
fact that they understand business and know how to apply it. These
individuals have been quite successful. These individuals have
also been in this business for many years and generally came from
another occupation. Those individuals that are new to the business
generally have issues with the concept of being paid fair market
value for their services. These individuals will invariably reduce
their costs for services to very low levels or no level at all,
free, in the attempt to survive. This produces an atmosphere of,
in the minds of the clients, that there is no market value for
photography services. This is only one of a set of issues that
must be addressed by an individual Photographer or independent
studio operator.
Several decades ago, business
schools used to teach concepts of what it would take in "head
of household" volume to support a particular type of business.
For Photography Studios, in particular Portrait Studios, it was
stated that they would require a population density of 85,000
head of households to support one STUDIO. Having been in this
business for almost a half a century it is my experience this
rule of thumb still applies today. Given this knowledge, if you
apply this to the Orlando Regional Market with a population base
of 3 million individuals or 1 million head of households, it is
extrapolated that the area will support 12 Studios or photographers.
Only one problem with this, in the Orlando region there are approximately
nine hundred photographers listed in Web searches. For every individual
on the Web there are 30 out there doing business on a part-time
basis. Now you have the issue of 27,000 +/- photographers attempting
to do business with 1 million individuals or business decision
makers. This does not bode well for those individuals who desire
to be in this business. Each has the chance to do business with
37 +/- decision makers. Using very conservative numbers, you will
need to make $75,000 in sales to survive at the poverty level
(after expenses are paid). That means that each client needs to
spend $2000 +/- with you. Having watched the transition of individuals
arriving, setting up shop, attempting to do business on a full
time basis, it does not work in their favor. Their survival on
average is 15 to 18 months before they leave the area or remain
as part time photographers or give up all together.
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