- Original Poster
- #1
Hi
I'm planning my wedding for next summer.
As soon as you mention "wedding" the prices go rocketing.
for example, i called a venue to be hired for the day. I told them it was for a wedding and the venue was £3500
a few days later i called the same venue and enquired about booking it out for a full day for a corporate event (both wedding and events were for a friday) and the price was £1600
As its just the venue hire and all catering and decoration needs to be done by the person hiring it, then it's an easy couple of grand saved.
but you talk to florists, dress makers, invites, photographers, videographers and it's all teh same pattern
So, once we've got our wedding out of the way, i'm thinking of starting up a "budget" wedding company.
i.e. all the services you need at th eprices you would normally pay for them if you didn't mention wedding
there will still be a profit margin, just not a huge one, but volume should help on the profit front
is it worth undercutting a whole industry just for the benefit of my new business.
I guess it would only last a couple of years before everyone reduced their prices
so a business and a public service
anyway, whats everyones thoughts on the morality and business ethics side of all this??
I'm planning my wedding for next summer.
As soon as you mention "wedding" the prices go rocketing.
for example, i called a venue to be hired for the day. I told them it was for a wedding and the venue was £3500
a few days later i called the same venue and enquired about booking it out for a full day for a corporate event (both wedding and events were for a friday) and the price was £1600
As its just the venue hire and all catering and decoration needs to be done by the person hiring it, then it's an easy couple of grand saved.
but you talk to florists, dress makers, invites, photographers, videographers and it's all teh same pattern
So, once we've got our wedding out of the way, i'm thinking of starting up a "budget" wedding company.
i.e. all the services you need at th eprices you would normally pay for them if you didn't mention wedding
there will still be a profit margin, just not a huge one, but volume should help on the profit front
is it worth undercutting a whole industry just for the benefit of my new business.
I guess it would only last a couple of years before everyone reduced their prices
so a business and a public service
anyway, whats everyones thoughts on the morality and business ethics side of all this??
