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The Magic Cafe Forum Index » » Table hoppers & party strollers » » Rates Faq, Version 1.0 (1 Likes) Printer Friendly Version

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yin_howe
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Great post.. wouldn't found it if not for the bump up..
"Talent without passion is talent wasted.."
Hansel
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Jamie:
Excellent Post !!!!
I hope to saw your writing in many other topics ! ( Group Approach,How many tricks,Audience Management,Marketing )
Thanks,
-Hansel
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ThatsJustWrong!
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Quote:
On 2012-02-08 21:47, Jamie D. Grant wrote:
It's almost time to update this thread to 3.0!


For Criminey's sake, Jamie, please do and hurry. We need to know the going rates these days because I've been carrying this IR around every-frickin'-where and my chiropractor's copay is killing me!

:) Smile Smile
Joe Leo

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gadfly3d
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Guys the price for a show is determined by 1. what you will work for and 2. What someone is willing to pay.

Gil Scott
Leland
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Ask for a lot of $$ and hope you get it?
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ThatsJustWrong!
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I tried that with a monkey, Leland, and it didn't work. Still no monkey. Smile
Joe Leo

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Eric the Excellent
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I realized today that I had not commented on this thread, despite it giving me grand advice. So, thanks, everyone! This seems like an excellent plan to start with.
sirbrad
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Quote:
On 2006-06-27 02:25, Jamie D. Grant wrote:

Pro Worker:
2 hours- the average rent for a very nice 1 bedroom apartment in your city.
1 hour should be the rent divided by 2, plus 10%. So here in Vancouver it would be-
2 hours=$1000, 1 hour=$600



Isn't 10% actually $550? $600 would be 20%.
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Jamie D. Grant
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Hey Gang!

I posted a "RATES FAQ 2.0" a year or so ago and thought I'd repost it here so it's all in the same place:

Previously...

Hiya Gang,

I just read another thread about rates and thought I'd repost this here (I wrote this on another forum 4 years ago) with some updates. 2 things right off the bat, though:

1) Never undercharge
2) You don't have the event booked until the 50 % deposit has been deposited into your bank account (and cleared!)

Okay. here we go:



This will be directed at the Strolling or Walk Around Performer:

I believe, and this is simply my opinion, that you should work at a level system. What level you're at will depend on a number of things, such as:

A) How many shows you've done.
B) Whether any of those shows have booked you again.
C) You're popularity, or demand.
D) What your clients are willing, or able, to afford.
E) How much you want to work.

Based on those factors, you can start to gauge whether you're a:

A) Beginner/ Let's say 1-25 shows
B) Occasional Worker/ 25-100 shows
C) Semi-Pro Worker/100-200 shows
D) Pro Worker/ 200+
E) Superstar/ No one cares how many you've done, you're so cool, with it, etc.

What constitutes a show?

A 'show' should be any environment where you're able to approach complete strangers and say, "Hi, My name is Jamie D. Grant and the host of this party has asked/hired me to entertain you for a few minutes. I'm a Magician."

As you can see, showing your family, even if they're all in the same room, some card tricks doesn't count. You have to be there at the request of the planner.

The Rates

We'll start at the top- I generally price for 1 and 2 hour shows.

Superstar:
Whatever the heck you can get.

Pro Worker:
2 hours- the average rent for a very nice 1 bedroom apartment in your city.
1 hour should be the rent divided by 2, plus 10%. So here in Vancouver it would be-
2 hours=$1000, 1 hour=$600

Semi-Pro Worker:
2 hours- half of the Worker's 2 hours.
1 hour- half of the Worker's 1 hour.

Occasional Worker:
2 hours- half of the Semi-Pro's 2 hours.
1 hour- half of the Semi Pro's 1 hour.

Beginner:
2 hours- You shouldn't be doing 2 hour gigs as a beginner, in my opinion.
1 hour- Free, volunteer, or exchange for goods. Now when I say 'Free' I'm not saying that you should approach Apple and say that you'd love to do an hour of magic for nothing at their Christmas Party.

If you're a beginner, you should be looking for shows at places where you're able to volunteer. Old folk's homes, Scouts, whatever you can find. But it needs to be an event. Maybe an awards ceremony, for their cocktail party, something that's organized.

The way I started was at local art shows and I'd trade for Art- I think it's always important to give your magic Worth- even at the beginning. When you go to a volunteer gig, it seems like you're being generous and the Worth you're getting is Satisfaction. But if it's for an Art Show or Play Opening- ask for art or tickets. Never say the word 'Free'.

I guess that's about it. According to the above examples, my level system looks like this:

Beginner:
Barter.

Occasional Worker:
1 hour for $150
2 hours for $250

Semi-Pro Worker:
1 hour for $300
2 hours for $500

Pro Worker:
1 hour for $600
2 hours for $1000


Superstar:
Thousands!

Of course, all those factors we mentioned in the beginning (A-E at the top) will play a big part in whether you should bump yourself up, or down- don't base your level solely on the number of shows you've done. As with anything, Quality is worth more than Quantity. You need to have a good idea of how you're viewed by potential clients and how you're being received by current ones.

That's about it. Don't undercharge, and give yourself credit!

Jamie D. Grant
http://www.Professional-Magician.com

UPDATES/September 2010

1) Never listen to what another magician tells you he makes. The competition will always try and intimidate you by saying they make more. Don't worry about it.

2) Be brutally honest with yourself. Are you ready to take on a gig? If it doesn't work out- you'll burn that client forever. I've done the same company's Christmas Party 7 years in a row. That's several thousand dollars that could be thrown out the window if you take the fist gig before you're ready.

3) Send a contract. Read that sentence again.

I hope that helps!
TRICK OF THE YEAR: Industrial Revelation, BOOK OF THE YEAR: The Approach, The AIP Bottle, and my new book Scenic 52, can all be found over here: SendWonder.com
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Jamie D. Grant
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UPDATES Dec. 2012:

At the end of this Magic Friday episode show I talk a bit more on this subject...

Image


And, needless to say, my word in not the be all, end all, but is just what I have found works for me. If it can help even one other person, then I'm totally happy!
TRICK OF THE YEAR: Industrial Revelation, BOOK OF THE YEAR: The Approach, The AIP Bottle, and my new book Scenic 52, can all be found over here: SendWonder.com
Kindness takes practice. My TEDx talk
AndyLuka
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Wow this is an awesome thread. Thanks for the Bump Jamie
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