How wedding planners make their money?
Wedding planners make money in different ways. Most of them charge a fee for their services. Some offer full planning, which includes everything from choosing the venue to organizing the wedding day. This can cost between $3000 and $10000. Others offer partial planning for $1500 to $4000 or day of coordination for $800 to $2500. Some planners also charge by the hour, usually between $75 and $250, to give advice or help with small details.
Planners can also earn money from vendors. They may get a small commission or a referral payment from florists, caterers or photographers. This is usually about 10 to 20 percent of the vendor’s fee. Some planners add a small markup to vendor prices to cover their time and effort. Others make extra money by offering design and décor services or by renting out wedding decorations.
When a wedding takes place in another city or country, planners charge travel fees or extra payments. They may also help with engagement parties, rehearsal dinners or bridal showers. These extra services help them earn money all year, even when there are fewer weddings.
Some planners charge a percentage of the total wedding budget, often between 10 and 20 percent. Experienced planners can also earn money online by teaching others, selling guides or offering mentoring. Overall, wedding planners make their income by organizing, designing and managing events. Successful planners can earn a very good living by combining different ways to make money.
