Kori and Kate is a team of two women; Kori a graphic artist & designer and Kate, a senior portrait photographer. They combined their talents to create Kori and Kate; a design and Photoshop template resource for photographers.
But their latest product is a far cry from anything design related. They’ve created a pricing tool that will take away all of the blood, sweat and tears usually involved in figuring out your pricing strategy.
Follow the yellow brick road to the Photographer’s Pricing Wizard, where they are giving away two FREE copies to our followers.
This is no ordinary Wizard. It’s the close your eyes, click your heels together and repeat “there’s no pain in pricing” wizard.
Never again will you have to do the math yourself! That’s not a typo folks, it’s true! The Pricing Wizard does all the math for you. Even a scarecrow can use it.
As long as you have access to the costs your lab charges for the products you offer, you in like Flynn!
The Pricing Wizard is a Microsoft Excel based tool. It works on a Mac and a PC, but you must have Excel. (Numbers and Open Office are not compatible.)
The first working tab on the Wizard is where you list your individual products and their cost. There are approximately 75 pre-loaded products with costs to show you how the Wizard works. These can be typed over or removed and new items can be added as needed.
The Collections tab is where you build the collections or packages that you offer your clients. Select the items you include in your collection and change the quantity to the right number for each item. The Wizard does the rest! You’ll quickly see the costs, retail, profit and margin for each collection as you build and change them. Each time you edit the collection, it automatically recalculates instantly.
Simply change the Collection name to whatever you use in your business. It will update on all the tabs within the Wizard, like magic.
The Wizard also tracks your projected sales against your actual sales for both Collections and à la carte items.
The last feature of the Wizard is to bring visibility to your current pricing and how it compares to what the Wizard calculated for you. The pricing on the left hand side is what the Wizard calculated. Change the Current Retail pricing on the right hand based on what you currently charge your clients. The Gross Profit, Margin and Mark Up are automatically calculated. You can quickly see how your current pricing measures up.
If you want to see the full instruction guide for the Pricing Wizard, click here. If you’d like to win a FREE copy of the Pricing Wzard – follow the yellow brick road using these steps to enter and WIN!.
- Visit the Kori and Kate Facebook page and “like” them.
- Post a comment under the kimtown logo on the Kori and Kate facebook page as to why you’d like to win the Pricing Wizard.
- Two winners will be randomly selected based on the comments received under the kimtown logo on the K&K page.
- All comments must be posted within 48 hours. Friday night at midnight is the deadline!
Here is a list of the most FAQ that we receive about the Pricing Wizard.
Does the Pricing Wizard (PW) work on a Mac and PC?
Yes, it is compatible with both, but you must have Microsoft Excel 2007 or later. Many retailers including Apple sell a Mac version of Microsoft Office.
Will the PW work in Apple Numbers, NeoOffice or Open Office?
No. The only software that can use the complex formulas and calculations are Microsoft Office 2007 or later.
Do I need to be an expert at Microsoft Excel?
No. In fact, the PW is essentially a plug and play tool. Minimal Excel knowledge would be helpful, but is not necessary.
Can I customize the list of Products that I offer?
Yes. The PW is pre-loaded with approximately 75 commonly sold items, but you can type over them and add new items as you need – with a maximum of 250 individual items.
Can I change the formulas?
No. The PW is protected to prevent the formulas from being disrupted.
Is it true, that I don’t have to do any Math when using the PW?
Yes! The PW does all the math for you – it’s a glorious thing!