Most wedding planner has certain vendors that they like to recommend to clients. This is a good thing usually because they might provide discounts or have good deals. Sometimes these wedding planners charge a commission from the vendors for getting them business, which could be a bad thing. It is hard to tell if wedding planners are recommending vendors for their excellent quality, or because they are getting paid off.
http://www.myelitewedding.com/blog/should-wedding-planners-accept-kickbacks-or-commission-from-vendors-2/
Showing posts with label pros and cons of wedding planners. Show all posts
Showing posts with label pros and cons of wedding planners. Show all posts
Thursday, October 10, 2013
Friday, October 4, 2013
Kickbacks and Commissions in the Wedding Industry
We found this interesting article about kickbacks for wedding vendors. Read here:
Preston Bailey did a blog post yesterday on transparency and vendor kickbacks and fees and it prompted me to pull out a post I have had sitting in drafts for a while.
It is a dirty little secret of the industry that some planners charge kickbacks to vendors in order to recommend them. It is more common in cities on the coast but it is certainly happening here in Columbus as well.
This is long so click below to read more….
So, here is how it works – a planner charges a lower fee to a couple (usually WELL below market value) and then the planner shakes down vendors for kickbacks and referral fees. They will then push those vendors that are willing to pay the kickbacks onto couples whether they are a good fit for the couple or not.
Let’s be honest here – this sucks.
A professional wedding planner charges a fee to the couple and then represents them and their best interests during the planning. In my opinion, a professional planner should not take kickbacks or commissions from vendors for recommending them. If they do, you have to ask is the couple getting the best fit for them in the recommendations or the best fit for this planner’s bottom line? And in the end where does the planner’s loyalty lie? If they are taking money from people other than their client – their loyalty isn’t with their client and it becomes a huge conflict of interest.
Beyond dealing with a dishonest planner, there is another reason this is a bad idea for you as a bride or groom. It will likely cost you money and/or quality of service from the vendor.
Consider this scenario – Mr. Photographer charges $3000 for their most popular package. Most business people know that they are going to need to work with a certain number of clients at a certain price to make a living. If Mr. Photographer usually books 25 weddings a year at $3000, he will make $75,000 gross. Take out at least 1/3 for taxes, at least another 1/3 for camera equipment and studio rental and albums and prints and other general business costs and he is likely taking home less than $25,000 a year. Also, only shooting 25 weddings a year allows him to meet with each couple and really get to know them through meetings and engagement shoots, allows him to edit every picture to perfection and means he averages about a 1 month turn around time on pictures.
So, Kickback Planner (KBP from here on out) comes along and says, I need 15% of your fee to recommend you. If Mr. Photographer agrees and KBP’s clients book him, Mr. Photographer is only going to make $2550 on that wedding. Now, let’s say that KBP brings him 15 weddings out of the 25 he normally books. His gross profit drops to $68,250 for doing exactly the same amount of work! Heck of a pay cut for doing nothing different, huh?
Mr. Photographer now has two choices: figure out how to live on less money and have fewer expenses or find a way to make more money.
Read the rest of the article:
http://blog.emilieduncan.net/kickbacks-and-commissions-in-the-wedding-industry
Tuesday, September 24, 2013
What Benefits are Included When Hiring a Wedding Planner?
Being the most populated city, Los Angeles is a sought out wedding destination for many couples across the United States. Weddings are one of the biggest occasions in a person's life, but planning them can be exhausting and stressful. Luckily, there are many wedding planners in Los Angeles that offer packages and cost effective solutions. If you want to make sure that every detail of your wedding is organized, you must hire a wedding planner.
http://www.myelitewedding.com/blog/how-will-a-wedding-planner-in-los-angeles-benefit-my-wedding/
http://www.myelitewedding.com/blog/how-will-a-wedding-planner-in-los-angeles-benefit-my-wedding/
Monday, September 9, 2013
Money Saving Tip: Hire a wedding planner
we found this list of money saving tips for your wedding!
One of the most overlooked and misunderstood money saving tactics for your wedding is to hire a wedding planner. When your wedding budget is already stretched thin, it hardly makes sense to add another line to your budget to have somebody coordinate something you can handle on your own. However, what many couples don’t know is that working with a wedding planner can actually save you a significant amount of money — and at the same time take away the stresses that go along with planning a wedding, so you can focus on the fun part!
http://www.eleganceandenchantment.com/money-saving-tip-12-hire-a-wedding-planner/
One of the most overlooked and misunderstood money saving tactics for your wedding is to hire a wedding planner. When your wedding budget is already stretched thin, it hardly makes sense to add another line to your budget to have somebody coordinate something you can handle on your own. However, what many couples don’t know is that working with a wedding planner can actually save you a significant amount of money — and at the same time take away the stresses that go along with planning a wedding, so you can focus on the fun part!
http://www.eleganceandenchantment.com/money-saving-tip-12-hire-a-wedding-planner/
Saving Money With a Wedding Planner
Planning your wedding can become very costly. There is a certain kind of flair and glamour in today's wedding ceremonies and receptions. A wedding planner can facilitate the planning process and make it a successful wedding. A wedding planner can tell you which venders have the best prices, and also might get you an additional discount due to their relationship with a vender.
Friday, September 6, 2013
Organizing You Wedding Plans Is A Must
All aspects of your wedding should be carefully organized and planned. Doing so will guarantee the success of your wedding. Luckily there are many wedding planners, and wedding planning companies that will do this for you. These wedding planners will take all stress away from you, and allow you to enjoy more time with your fiance and other things leading up to you wedding.
http://www.myelitewedding.com/blog/kim-ruha-a-los-angeles-wedding-planner-explains-how-organization-is-key-to-a-successful-wedding/
http://www.myelitewedding.com/blog/kim-ruha-a-los-angeles-wedding-planner-explains-how-organization-is-key-to-a-successful-wedding/
Wednesday, August 28, 2013
The Best Way to Find A Wedding Planner
Many difficult decision go into planning a successful wedding. It is a challenge for only two people (the bride and groom) to handle everything in regards to the wedding. Many couples look to hire wedding planners, but the task of picking a wedding planner can be just as overwhelming as the wedding plans themselves. Although stressful in choosing a wedding planner, once hired they will take the stress away by coordinating everything for you.
http://www.myelitewedding.com/blog/what-is-the-best-way-to-find-a-wedding-planner/
http://www.myelitewedding.com/blog/what-is-the-best-way-to-find-a-wedding-planner/
Monday, August 12, 2013
Fall Wedding Trends
Read this article on Fall Wedding Trends:
Summer is coming to an end and fall is right around the corner, but we're not sad to see it go -- there are some great wedding trends to look forward to next season!
Designer Melissa Sweet stopped by HuffPost Live this week to discuss the biggest fall wedding dress trends. Sweet noted that short dresses, illusion necklines and deeper shades of ivory are emerging as leading trends, and that dramatic backs -- one of thebiggest trends on the spring bridal runways -- will continue to be popular next season.
"You hope your photographer gets a picture of you from the back -- the right shot. You want that for your album," Sweet said.
Watch the video above for more on the hottest dress trends (and click here to see the full segment), then click through the slideshow below for more fall wedding dress ideas.
http://www.huffingtonpost.com/2013/08/09/fall-wedding_n_3733256.html
Wedding Planner Pros and Cons
Every engaged couple looks forward to their big day, but the weeks and months leading up to that day can be extremely stressful. There are a million things that need to planned and thought about before the happy couple can relax. This is where a wedding planner can become very handy.
http://www.myelitewedding.com/blog/what-are-the-pros-and-cons-of-hiring-a-wedding-planner/
http://www.myelitewedding.com/blog/what-are-the-pros-and-cons-of-hiring-a-wedding-planner/
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