How much money do wedding planners make a year

I realize that I need to be patient and keep increasing my pricing. Recent comment authors. For jobs in Russia, visit ru. These services cost the couple a lot more so it attracts the really wealthy, the people who can afford to pay whatever they want for their wedding. Wedding Planner Job Listings Search for more jobs.

What Factors Can Affect a Wedding Planner’s Salary?

Last Updated on May 29, I am a successful owner of three profitable blogs. One is a wedding planning business turned wedding blog. I enjoy working on all three of plannners blogs along with raising my now 6 months daughter. I joined the wedding industry over 7 years ago while working for a hotel. If you are in the wedding industry and are struggling to make ends meet, I feel you.

So How Much Money Can a Wedding Planner Actually Make?

The wedding industry in the United States is a gigantic one, with over 2 million weddings taking place across the country every year and over 80 billion dollars spent annually. Working as a wedding planner takes grit and determination, you have to learn to be thick skinned as you work with people who are expecting the greatest day of their life and in some cases cannot be pleased. The wedding industry is an enormous one and because most people only hope to be married once they are willing to pay as much as it takes to have their dream wedding, and in demand wedding planners have the luxury of naming their price. This is what happens when clients fight for the privilege of obtaining their services. This makes sense when you think about it for a little bit, almost all aspects of the wedding industry survive completely on word of mouth. The salary of a wedding planner can range significantly, from a standard salary for newly minted wedding planners to mid-six figures for the highly experienced and business savvy ones.

Your Market Worth Over Time

The wedding industry in the United States is a gigantic one, with over 2 million weddings taking place across the country every year and over 80 billion dollars spent annually. Working as a wedding planner takes grit and palnners, you have mmoney learn to be thick skinned as you work with people who are expecting the greatest day of their life and in some cases cannot be pleased.

The wedding industry is an enormous one and because most people only hope to be married once they are willing to pay as much as it takes to have their dream wedding, and in demand wedding planners have the luxury of naming their price. This is what happens when clients fight for the privilege of obtaining their services. This makes sense when you think about it for a little bit, almost all aspects of the wedding how much money do wedding planners make a year survive completely on word of mouth.

The salary of a wedding planner can range significantly, from a standard salary for newly minted wedding planners to mid-six figures for the highly experienced and business savvy ones. Most clients will not be using the services of a wedding wfdding more than once or at least they hope not to so to get repeat business there needs to be a recommendation factor.

The longer hoe stays in the industry the better their reputation will become and the more in demand they will be, this gives wedding planners the opportunity to start making significantly more money as they continue working.

The amount of time a wedding planner spends honing their craft and building their reputation helps them earn a higher salary but it by no means makes d of the difference.

There are plenty of factors that need to be taken into account when looking at wedding planner weddding. The first is location. Experience is another big factor but falls under a different classification than length of time in the industry for several reasons. You can build up a reputation and get a good client list by working consistently but experience lends a different set of skills, with further knowledge comes the ability to understand the business aspect better and save money on accounting, budgeting and expenses.

Other factors include the types of services offered; planners who offer full service planning and design will make more than planners who only offer day-of services. The size of howw business also makes a huge difference, if there are four couples all getting married at the same time and a planner only has enough staff to handle one of the weddings then there are three more events slipping through the cracks, a larger business could handle all three accounts and bring in more money over the same time period.

Planners who make the most tend to mke their income by providing decorations and keeping a large inventory of wedding merchandise to rent to their clients. Mlney gives the q bride one less thing to have to worry about and brings in extra income for the business.

These weding cost the couple a lot more so it attracts the really wealthy, the people who can afford to pay whatever they want for their wedding. The main reason the top wedding planners make as much as they do is by working as hard as they can, they stay up to date on every possible marketing opportunity, which means spending time on social networking sites and creating profiles on every new one that pops up. The bottom line yeear that if you can get past the first several years of wedding planning, your salary stands to improve dramatically.

Average Pay

The long answer: Your salary as a wedding planner may be much smaller or much much greater depending on a number of factors. Student Login October 5, By Corina Wan. Get a Demo. These positions offer higher salaries and work with bigger event budgets. Start Salary Survey. The most expensive wedding planners are those that command high prices through professional marketing and years of experience planning weddings, not by waiting for a promotion like most jobs. Salaries Wedding Planner. Charge too low a rate and you risk undervaluing yourself and your talents. The typical tenure for a Wedding Planner is years.