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Do you think the wedding bubble is going to burst?
Posted on 12/20/14 at 10:16 am
Posted on 12/20/14 at 10:16 am
I play music for wedding ceremonies, and yesterday, I got a gig for spring that pays $450. I'll practice maybe an hour the day before the wedding and will spend three hours of a Saturday driving to, setting up, performing, and packing up at the place.
I typically charge $350 for a wedding, but since it was a Saturday I did not particularly want to work, I upped the price just to see if she'd bite.
She said she was expecting more and that I was a few hundred cheaper than the violinist/cello duo she was also considering.
How much longer will people pay these prices?
I have a few buddies that have talked about purchasing a farmhouse that has a few acres that would be ripe for a wedding venue. Whenever I think about getting involved in investing in it, I think about how ridiculous the prices are and wonder if it would really be a good long term investment.
I typically charge $350 for a wedding, but since it was a Saturday I did not particularly want to work, I upped the price just to see if she'd bite.
She said she was expecting more and that I was a few hundred cheaper than the violinist/cello duo she was also considering.
How much longer will people pay these prices?
I have a few buddies that have talked about purchasing a farmhouse that has a few acres that would be ripe for a wedding venue. Whenever I think about getting involved in investing in it, I think about how ridiculous the prices are and wonder if it would really be a good long term investment.
Posted on 12/20/14 at 10:18 am to StringedInstruments
As long as people imagine they are in love and paying money for a wedding is a symbol of that love, that bubble won't burst.
Nice work, bro.
Nice work, bro.
Posted on 12/20/14 at 10:24 am to StringedInstruments
Not sure, but the better half has 22 weddings booked next year for 3500-5500.
Posted on 12/20/14 at 10:48 am to StringedInstruments
As far as a time commitment, they are getting off cheap with you as a musician. As noted above, photographers and videographers are just stupid expensive.
The whole thing cracks me up. The cakes, expensive rings, dress, and the goddamned overpriced reception halls going for $50/person on up for the average reception.
My friend is in the cake side of the business and I see some crazy stuff with the wedding cakes and grooms cakes.
The bubble will not burst until the economy tanks.
The whole thing cracks me up. The cakes, expensive rings, dress, and the goddamned overpriced reception halls going for $50/person on up for the average reception.
My friend is in the cake side of the business and I see some crazy stuff with the wedding cakes and grooms cakes.
The bubble will not burst until the economy tanks.
Posted on 12/20/14 at 11:56 am to StringedInstruments
I think it will only expand, when you factor in a new customers (gay marriage)
Posted on 12/20/14 at 12:22 pm to StringedInstruments
With the average age for first time weddings getting older, I only see it getting worse.
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