The Wedding Report recently posted a pair of interesting charts up on their Facebook page. The first shows wedding spending as a percentage in each category for 2008:
And compare this with last year, 2009:
Here are a few observations:
A 5% drop in the Venue & Catering category (significant)
A 3% increase in Honeymoon spending (are couples spending a bit more on themselves?)
A very slight 1% increase in the Photography & Video category
Keep in mind that these are % of the total spend, and do not reflect the actual dollars spent. If anyone has some insight into those figures, please share. In the meantime I will try to find some statistics on that.
Overall, of course, the categories remained fairly similiar.
Photographers: Have you noticed any changes in spending over the last couple years? Have you had to adjust your prices, offer “recession specials,” and other similar changes in your business model? Does value trump price considerations for most couples?
For those who got married in the last couple years or are currently planning their wedding: Have you noticed more price competition among vendors? Discounts, specials, more emphasis on value?
James and Kate over at The Feds Studio recently blogged about Inspire Boston 2010. Inspire Boston is a mini-conference for wedding photographers in New England. It looks like a great event and sounds like it was a lot of fun for photographers. The Feds also taught a class at this year’s conference along with Team Yu on “Creative Lighting with Off Camera Strobe.”
We went live last Monday, February 15. In just two weeks we’ve been fortunate enough to now list 192 wedding photographers in 93 cities, 35 states, and 9 countries worldwide.
That said, we still have 15 US states missing and lots more ground to cover internationally so get on it, photogs!
We’ve connected with a ton of great people already and we couldn’t have gotten off to such a great start without your interest and support.
We look forward to increasing our listings and traffic and making SnapKnot a useful resource for engaged couples searching for the perfect wedding photographer.
