Frequently Asked Questions: What is the typical cost of an event in your area?
May 18, 2010
Last week, I posed the question: Should a florist or design act as a planner too? I mentioned that I’d give you my opinion this week on the answer to this question. In my humble opinion, I think we should all stick to what we do best. However as I mentioned last week, I think it’s perfectly acceptable if your company offers both services.
I remember how excited I was when I first started my career and received my first $500 job (this was many, many moons ago). The following year that amount doubled, and for the past 30 years, it has been steadily increasing (thank God).
Today with the economy, the amount that clients are paying for their events is highly confusing. At times, clients can even use this confusion to try and get us to lower our prices. This is why I wanted to take this opportunity to present this question to you: What is the typical cost of an event in your area?
I understand that we all resist discussing prices, however this might help us all understand the general market value of what we do. In my experience, a typical event in New York could cost anything from $200,000 and up.