The lens of your camera has become your third eye, and every click is an echo of your heart. If photography is more than just a hobby to you, why not turn it into a lucrative side hustle? Your talent deserves recognition and rewards. Let's turn that idea into reality with this detailed guide, designed to help you set up, automate, and scale a profitable photography venture.
1. Hone Your Photography Skills
Before you zoom into the business side, focus on refining your photography skills. Whether it's attending hands-on workshops, subscribing to online tutorials, or seeking mentorship from experienced photographers, continuous learning is key. Your unique style and technique will be the foundation of your blossoming portfolio.
Tip: Subscribe to a niche photography community on Facebook, Reddit, or Discord and post your photos and ask for feedback. If you haven't already, find communities like SLR Lounge or 500px and look for tutorials and resources on how to take your skills to the next level.
2. Decide on a Niche
From wedding to portrait, from landscape to product, the world of photography is vast and versatile. Carve out a niche that truly resonates with your style. The more you specialize, the more likely you are to capture the attention of your dream clients. Also, the sooner you decide on what niches you want to focus on, you can parlay that focus into deepening your skills and knowledge in that specific area. Whether it's wedding photography, portraiture, or landscape, every niche has its own techniques, approaches, and subtleties. By focusing on one area, photographers can truly master their craft, improve the quality of their work, and increase their value to clients.
Note that certain photography niches may be more profitable than others, depending on market demand, competition, and pricing possibilities. It doesn't mean you should follow your heart, but do your research so you can choose a niche that best fits your lifestyle and offers strong business opportunities.
A captivating portfolio and unique brand are your business's heartbeat!
Your portfolio is your visual resume, illustrating your skills, style, and creativity. For instance, if you're into wedding photography, fill your portfolio with a mix of candid moments, details, and traditional shots that capture the magic of matrimony. On the other hand, your brand represents your business personality, making you memorable.
Aim to spend at least a few weeks gathering and curating your best work that you feel represents you as a working photographer well. This process might be quicker if you already have a large body of work to choose from, but it could take longer if you need to create new photographers to adequately represent your skills and style.
Remember, your portfolio attracts clients, but your brand makes them stay!
4. Craft your Brand
This step will help you stand apart! Define your brand values, create a unique logo, pick consistent colors and fonts, develop your brand voice, and use it across all platforms. There are many resources on how new photographers can start developing and honing a brand. Take a deeper look at branding for photographers with these resources from the good folks at ShotKit.
(Psst, we are also coming out with a step by step guide to help you build your photography brand with AI tools!)
After these initial steps, you should plan to spend regular time (perhaps a few hours each week) updating your portfolio and maintaining your brand. This could include tasks like adding new work to the portfolio, engaging with followers on social media in a way that aligns with your brand voice, and periodically reassessing your brand's relevance and impact.
Remember that building a strong portfolio and brand is a vital investment that can significantly affect the success of a photography business, so it's worth taking the time to get it right.
Now, the more cognitively demanding part!
A business needs structure, and as a young business owner, it is up to you to set the operating rhythm of your company. Many solo business owners use tools to help them automate tasks outside of photography work but do expect to hit a bit of a learning curve, especially if you have never run your own business before.
Word of advice: Take it slow. Slow is smooth and smooth is fast!
1. Set Your Prices and Offer Packages
Undoubtedly, this can be the hardest step for many new business owners. When it comes to pricing, aim to strike a balance between fair compensation for your time and talent and competitive rates in your market. Do not be afraid to charge a competitive rate despite your lack of experience; photography is inherently an time consuming profession and you need to be adequately compensated for your efforts.
Tip: It is never too early to brainstorm about offering versatile packages to cater to different customer preferences and budgets. You can always start out with 3-5 different packages and tweak your pricing as you grow.
SixFigurePhotography has an excellent quick guide to pricing to help you get started.
2. Streamline Your Business Operations
Running a side business demands smart work, not just hard work. Leverage the power of a CRM tool like Pixifi to automate your business, streamline workflows, and improve efficiency. From handling client relationships to scheduling shoots and managing invoices, Pixifi can be your virtual assistant, boosting profitability while saving your precious time.
3. Keep It Legal
Navigating the legal aspects might not be as exciting as snapping that perfect shot, but it's essential. Register your business, understand your tax obligations, and ensure you have adequate insurance to protect yourself and your venture.
Now that you have got a system in place, let's talk about growth! Start to connect with local businesses, collaborate with fellow photographers, and become an active participant in both physical and virtual events. Networking opens doors to new opportunities and offers valuable insights from industry veterans. As you transform your side hustle into a full-time gig, keep going back to the basics before you consider broadening your services, expanding your team, or upgrading your gear.
Make it a priority to stay on top of your financial health and make growth decisions grounded in your business goals.
Transforming your passion for photography into a profitable business is an exciting journey, one frame at a time. Remember, every successful venture started with a single step, and that's all it takes. So, grab your camera, follow these steps, and let's focus on turning your photography side hustle into a booming business!