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The Business of Wedding Planning
Amber Peterson
25 episodes
6 days ago
The Business of Wedding Planning is a podcast dedicated to guiding aspiring, new, and growing wedding planners through the intricacies of creating and scaling a profitable wedding planning business. Each episode explores topics essential for success in the industry, including marketing strategies, pricing models, client and vendor relations, and sales strategies. This podcast offers actionable advice, proven business strategies, and real-life success stories from seasoned wedding planners and industry experts. Listeners will gain insights into overcoming the common challenges faced by wedding planners, such as managing client expectations, building a reputable brand, and mastering the logistics of event planning. The Business of Wedding Planning focuses on the operational and business aspects of running a wedding planning business. Whether you're just starting out with a dream and a passion for wedding planning or you're looking to grow your business, this podcast is your go-to guide for navigating the path to profitability and success in the competitive wedding planning industry. Join us to transform your passion into a thriving business. The Business of Wedding Planning is brought to you by The Planners Lounge, an online resource, website, community, and shop for wedding planners. Established in 2011, Planner's Lounge has been the premier resource site for wedding planners since its creation.  Podcast host and Planners Lounge CEO Amber Peterson started her planning business in 2009 in NW Washington. In 2013, she founded the Skagit Wedding Society, a networking group for wedding professionals to meet and collaborate on weddings and styled shoots and to promote Skagit County, WA, as a premier wedding destination in the Pacific Northwest.  The SWS also produced the annual Skagit Wedding Tour. Amber graduated from the University of Alaska Fairbanks with a BA in Public Relations/Advertising and went on to earn a Masters of Science in Integrated Marketing Communication from Roosevelt University in Chicago, IL.   For questions or comments email info@plannerslounge.com
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All content for The Business of Wedding Planning is the property of Amber Peterson and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
The Business of Wedding Planning is a podcast dedicated to guiding aspiring, new, and growing wedding planners through the intricacies of creating and scaling a profitable wedding planning business. Each episode explores topics essential for success in the industry, including marketing strategies, pricing models, client and vendor relations, and sales strategies. This podcast offers actionable advice, proven business strategies, and real-life success stories from seasoned wedding planners and industry experts. Listeners will gain insights into overcoming the common challenges faced by wedding planners, such as managing client expectations, building a reputable brand, and mastering the logistics of event planning. The Business of Wedding Planning focuses on the operational and business aspects of running a wedding planning business. Whether you're just starting out with a dream and a passion for wedding planning or you're looking to grow your business, this podcast is your go-to guide for navigating the path to profitability and success in the competitive wedding planning industry. Join us to transform your passion into a thriving business. The Business of Wedding Planning is brought to you by The Planners Lounge, an online resource, website, community, and shop for wedding planners. Established in 2011, Planner's Lounge has been the premier resource site for wedding planners since its creation.  Podcast host and Planners Lounge CEO Amber Peterson started her planning business in 2009 in NW Washington. In 2013, she founded the Skagit Wedding Society, a networking group for wedding professionals to meet and collaborate on weddings and styled shoots and to promote Skagit County, WA, as a premier wedding destination in the Pacific Northwest.  The SWS also produced the annual Skagit Wedding Tour. Amber graduated from the University of Alaska Fairbanks with a BA in Public Relations/Advertising and went on to earn a Masters of Science in Integrated Marketing Communication from Roosevelt University in Chicago, IL.   For questions or comments email info@plannerslounge.com
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Entrepreneurship
Education,
Business,
Marketing,
Courses
Episodes (20/25)
The Business of Wedding Planning
How Technology Adds Value to Your Planning Business
I had an amazing chat with Sara Kincaid, President and COO of Aisle Planner. We talked about how implementing technology in your business can lead to more efficiency, better service, and the ability to charge more.  As a thank you to our listeners, you can try Aisle Planner f [https://www.aisleplanner.com/]or 30 days free and 20% off for the first six months with code: Levelupin25 Sign Up Today!  [https://www.aisleplanner.com/affiliate/Levelupin25]
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1 year ago
40 minutes

The Business of Wedding Planning
How to Choose a Professional Membership Organization
Check out my conversation with Veronica Foster, president of the Association of Bridal Consultants [https://www.abcweddingplanners.com/]
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1 year ago
23 minutes

The Business of Wedding Planning
How to Have a Productive Off Season
Show Notes Show Sponsor: Markel Insurance [https://www.markel.com/m/event/planner] Introduction: Welcome back to "The Business of Wedding Planning" podcast! In this episode, Amber Peterson explores effective strategies to leverage the quieter fall and winter months in the wedding industry. This time can be pivotal for reviewing the past season, preparing for the upcoming engagement season, and setting the groundwork for a successful year ahead. Segment Highlights: 1. Wrapping Up the Season: * Vendor Appreciation: Amber emphasizes the importance of sending thank you notes to vendors to nurture and strengthen professional relationships. * Client Feedback: Implementing a satisfaction survey for clients to gather valuable feedback and identify areas for improvement. * Gather Assets: Collecting images and testimonials from recent events to bolster marketing efforts and attract new clients. * Tie Up Loose Ends: Ensuring all invoices are settled and any outstanding issues are addressed, allowing for a fresh start in the new season. 2. Season Assessment: * Performance Review: Analyzing what strategies were successful and which areas need adjustment. * Staffing Needs: Evaluating whether new hires or changes to the team structure are necessary. * Operational Changes: Identifying potential improvements in operations to enhance efficiency and client satisfaction for future events. 3. Preparing for the Holidays: * Gift Planning: Deciding on thoughtful gifts or cards for clients and vendors to maintain strong business relationships. * Schedule Ahead: Organizing the distribution of holiday greetings in advance to ensure timely delivery and reduce stress during the holiday rush. 4. Gearing Up for Engagement Season: * Update Marketing Materials: Refreshing pricing, portfolios, and promotional materials to reflect the most current services and successes. * Strategic Planning: Crafting a marketing strategy aimed at capturing the attention of newly engaged couples, including digital marketing efforts and participation in bridal shows. 5. Planning for the Next Year: * Event Scheduling: Setting realistic goals for the number of events to manage in the coming year. * Time Management: Proactively scheduling personal time or vacations to ensure a balanced work-life dynamic, which can boost overall productivity. Conclusion: Amber wraps up the episode by underscoring the significance of using the off-season not just for rest, but as a crucial period for strategic planning and preparation. By addressing these areas, wedding planners can set the stage for a prosperous and less stressful year.
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1 year ago
10 minutes

The Business of Wedding Planning
How to Find Your Niche in the Market
Segment Highlights: 1. Understanding the Importance of a Niche: * Expertise and Authority: Specializing helps you become a recognized authority in specific types of weddings, such as eco-friendly or luxury events. * Reduced Competition: Targeting a niche narrows your competition and establishes you as a preferred planner within that area. * Marketing Efficiency: Focused marketing becomes more straightforward when you understand precisely who your ideal client is. 2. How to Identify Your Niche: * Assess Your Interests: Reflect on what aspects of wedding planning truly captivate you and where your strengths lie. * Research Market Trends: Stay informed about emerging trends and see if any align with your interests. * Evaluate the Competition: Identify less saturated areas that may present opportunities. * Client Conversations: Engage with potential clients to understand their needs and gaps in the current market. 3. Testing Your Niche: * Pilot a Mini-Service: Launch a small-scale service tailored to your niche and gauge the response. * Client Feedback: Utilize client feedback to refine your offerings. * Financial Viability: Ensure there's not just interest, but also a financial willingness to pay for your specialized services. 4. Marketing Your Niche: * Update Your Branding: Refresh your branding to reflect your niche, ensuring it appeals directly to your target market. * Social Media Strategy: Use platforms like Instagram and Facebook to showcase your niche expertise and engage with potential clients. * Networking: Connect with like-minded vendors and potential clients in targeted events or online groups. Conclusion: Amber wraps up by emphasizing the benefits of niche marketing in the wedding planning industry. She encourages consistency and authenticity as you establish yourself in your chosen niche. Check out our digital product, "Finding Your Niche in the Market," available at Planners Lounge Shop [https://www.plannersloungeshop.com/collections/new-wedding-planner-collection/products/finding-your-niche-in-the-market]. This workbook is designed to guide you through identifying the most suitable niche for your business.
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1 year ago
11 minutes

The Business of Wedding Planning
Finding Your Space in the Luxury Wedding Market with Megan Lentz
I had a great conversation with Megan Lentz of Vida Events about finding a niche in the luxury market and what luxury means (and how it can differ from planner to planner.)  You can learn more about Megan at:  Vida Events [https://vidaevents.net] Vida Events Instagram [https://www.instagram.com/vida_events/]
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1 year ago
20 minutes

The Business of Wedding Planning
The Difference Between Hiring an Employee VS Independent Contractor
A conversation with Leah Weinberg of Oduberg Law, LLP, about the legalities of hiring an employee vs an independent contractor.  Website [https://www.oduberg.com/] Instagram [https://www.instagram.com/theleahweinberg/]
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1 year ago
32 minutes

The Business of Wedding Planning
How to Hire for a Micro-Position
* Why micro positions? They're perfect for handling specific tasks without the commitment of a full-time hire, making them ideal for growing businesses. * How to identify areas in your business that need support. * Steps to define, find, and integrate micro positions effectively. * Real-life examples of how targeted hiring has transformed business operations. Assessing Your Business Needs * Introduction to Business Needs: Understanding where you need help is crucial before making hiring decisions. We'll explore how to conduct a task audit and prioritize tasks effectively. * Task Audit: Track your daily activities to identify time-consuming tasks that do not require your expert touch. * Prioritize: Focus on tasks that directly impact your revenue and client satisfaction. Consider if these tasks can be bundled into a single role. Defining the Micro Position * Role Definition: Clear role definition is crucial for attracting the right candidates. We discuss how to create a detailed job description that aligns with your strategic goals. * Job Description: Draft a comprehensive description including responsibilities, required skills, and expected hours. * Flexibility and Growth: Consider potential for role evolution to attract candidates interested in growth. Sourcing Candidates * Finding the Right Fit: We explore effective strategies for sourcing the ideal candidates for your micro positions. * Industry Contacts: Use your network of vendors and industry contacts for recommendations. * Online Platforms: Utilize LinkedIn, Indeed, and niche job boards to widen your search. * Internship Programs: Tap into local educational programs for fresh talent. The Interview Process * Conducting Effective Interviews: Ensuring a good fit is essential. We'll cover how to structure your interviews to assess both skills and compatibility. * Structured Interviews: Prepare questions that evaluate multitasking abilities and stress management. * Practical Assessments: Assign relevant projects to assess skills, ensuring candidates are compensated for their efforts. Onboarding and Training * Integrating New Hires: A smooth onboarding process is key to successful integration. We discuss how to set up an effective training plan. * Training Plan: Include shadowing, key introductions, and tutorials on business tools. * Regular Feedback: Establish a routine for ongoing feedback to address any issues early on. Legal and Administrative Considerations * Staying Compliant: We discuss the importance of drafting clear contracts and ensuring compliance with local employment laws. * Employment Contracts: Ensure all terms are clearly outlined. * Compliance: Familiarize yourself with and adhere to employment laws to avoid legal issues. Evaluating the Role's Impact * Review and Adapt: After integration, it's important to evaluate how the new hire has impacted your business. * Performance Review: Assess how well the new hire meets their objectives. * Business Growth: Analyze if the new role has allowed you to expand your clientele or enhance client satisfaction.
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1 year ago
25 minutes

The Business of Wedding Planning
Building a Team with Loni Anderson
I had a great conversation with Loni Peterson all about building a team. Learn more about Loni and all the places you can connect with her below.  Bio:  Loni Peterson is the founder and owner of LP Creative Events, she has lived in Colorado for 12 years with her husband, their dogs, Dax and Penny, and horse, Dusty. She has been a planner and logistics wizard for as long as she can remember! Loni has a wide range of experience in planning weddings, engagement parties, galas, golf tournaments, luncheons, grand openings, large-scale experiential marketing events, and 5Ks and endurance events! She is a Certified Wedding Industry Professional and is serving on the National Board of Directors for WIPA as their Secretary for 2024. Loni is a Full-Time Professor at the University of Colorado Boulder, teaching in the Advertising, PR, and Design Departments. In addition to planning events, she has been a keynote speaker and panelist for industry events and organizations like PartySlate, the Wedding Industry Professionals Association, the Boulder Wedding Showcase, and the International Wedding Summit in Rome, Italy. LP Creative Events [https://www.lpcreativeevents.com/] Instagram [https://www.instagram.com/lpcreativeevents/] WIPA [https://www.wipa.org/]
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1 year ago
24 minutes

The Business of Wedding Planning
Preparing Your Business for Back-to-School Season
Episode Overview: In today's episode, Amber Peterson discusses essential strategies for wedding planners navigating the transition from a laid-back summer to the structured demands of the school year. Learn how to adjust your business operations to maintain productivity while supporting your family through this busy time. Key Points Discussed: * Organizing School and Activity Calendars:Gather School Calendars: Amber stresses the importance of collecting all school calendars for your children, marking down every critical date on your master family calendar to avoid surprises. Track Extracurriculars: Log all dates for your children's activities to ensure full awareness of upcoming commitments. Tech Tip: Utilize a digital calendar to color-code each child's schedule, and share with your partner or caregivers to keep everyone informed. * Adjusting Work Hours:Evaluate Needs: Amber guides listeners on assessing children's school and activity schedules to determine if work hours need adjustments. Plan Work Blocks: Consider aligning your work schedule with school hours for efficiency, or adjust your day to fit around school pick-up times. Communication is Key: It's vital to communicate any changes in your availability to your team or clients to maintain professionalism and manage expectations. * Learning to Say No:Pre-decide Volunteer Time: Decide how much time you can commit to school events and stick to it, ensuring you don't overcommit. It's Okay to Say No: Amber encourages listeners to feel comfortable declining requests that don't fit into their schedules. Communicate Your Decisions: Being upfront about your availability can prevent misunderstandings and display your commitment to maintaining balance. * Strategic Scheduling for Work:Designated Workdays: Amber suggests blocking off specific days for different types of tasks (e.g., Mondays for client meetings, Wednesdays for admin tasks) to enhance focus and set clear expectations for availability. Client Interaction Days: Set aside specific days for client interactions, ensuring that you're fully present for your clients when needed. Childcare Planning: Assess the need for additional childcare during work blocks to ensure uninterrupted productivity. Communication with Family: Keep your family informed about your work schedule to manage expectations about your availability. Conclusion: Amber wraps up the episode by reminding listeners that with careful planning and clear communication, transitioning into the school year can be seamless and stress-free. By organizing calendars, adjusting work hours, and being strategic about commitments, wedding planners can achieve a successful and balanced start to the school year.
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1 year ago
13 minutes

The Business of Wedding Planning
How to Be More Productive in Your Planning Business
Introduction: * Amber welcomes listeners back to the podcast and introduces today's topic: supercharging productivity for wedding planners. * She discusses the common challenge of never-ending to-do lists in the wedding planning industry and introduces the framework of Delete, Delegate, Automate, and Do to streamline operations and boost productivity. Segment 1: Delete – Simplify Your To-Do List * Overview: Amber explains the importance of simplifying workflows by eliminating unnecessary tasks and complexities. * Key Strategies:Identify Low-Value Activities: Review and eliminate activities that consume time but do not enhance client experiences or profitability. Learn to Say No: Emphasize the importance of declining non-strategic requests to free up time for higher-value activities. Optimize Processes: Streamline existing processes to reduce unnecessary steps and enhance efficiency. Segment 2: Delegate – Empower Your Team * Overview: Discussion on the power of delegation to free up the planner's time for more critical tasks. * Key Strategies:Assess Your Tasks: Identify tasks that can be effectively handled by other team members. Build a Reliable Team: Tips on hiring assistants, working with freelancers, and training interns, including setting clear expectations and providing necessary resources. Feedback and Adjustment: Establish a system for regular check-ins and feedback to ensure delegated tasks meet quality standards. Segment 3: Automate – Use Technology to Your Advantage * Overview: Amber talks about how automation can save time and reduce manual effort. * Key Strategies:Automate Communications: Implement tools for automated email responses and scheduling. Streamline Operations: Use technology for efficient budget tracking, event design, and task management. Client Management Systems: Utilize CRM systems to automate client management tasks like reminders and follow-ups. Segment 4: Do – Focus on High-Impact Work * Overview: Focusing on tasks that have a significant impact on the business's success. * Key Strategies:Prioritize High-Impact Tasks: Concentrate on activities that directly contribute to event success and client satisfaction. Time Blocking: Implement time blocking to manage various tasks efficiently without distractions. Continuous Learning: Encourage ongoing professional development to enhance skills and stay competitive. Conclusion: * Amber summarizes the episode by reiterating the importance of the Delete, Delegate, Automate, and Do strategies in boosting productivity and reducing stress. * She encourages listeners to start with one strategy and gradually integrate more to see comprehensive benefits. Outro: * Amber thanks listeners for tuning in and teases the next episode, which will continue exploring effective business strategies for wedding planners.
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1 year ago
15 minutes

The Business of Wedding Planning
Maintaining Your Marketing Activities During Wedding Season
Introduction: * Introduction to the episode with a welcome back to returning listeners. * Overview of the episode's focus on maintaining effective marketing strategies during the busy wedding season. * A personal anecdote about the importance of having up-to-date information accessible to potential clients and referral sources encountered during events. 1. Automate Your Social Media * Discussion on leveraging technology to keep a consistent social media presence without extensive daily management. * Plan Ahead: Advice on using social media management tools like Buffer or Hootsuite to schedule posts in advance. * Curate Content: Tips on creating a balanced mix of content, including real weddings, planning tips, and personal stories. * Engage Smartly: Strategies for setting aside specific times for audience engagement to maintain connections without getting overwhelmed. 2. Leverage Email Marketing * Insights into using email marketing to keep the brand visible and engaging without constant effort. * Automated Campaigns: Setting up drip campaigns for efficient lead nurturing. * Newsletters: Planning and scheduling newsletters to share trends, behind-the-scenes content, and recent weddings. * Seasonal Offers: Utilizing email to send special offers or reminders to book services during slower periods. 3. Maintain a Blog * The role of a blog as a marketing tool and a platform to showcase expertise. * Batch Content Creation: Allocating specific days for writing multiple blog posts to keep the blog active throughout the season. * Guest Posts: Collaborating with vendors or other professionals to diversify content and share the workload. * Repurpose Content: Turning successful events into case studies or stories to provide authentic and engaging content. 4. Optimize Your Website * Strategies for ensuring the website is optimized to attract and convert clients effectively. * SEO Best Practices: Regular updates and SEO optimization to boost search engine rankings. * Clear Navigation: Creating a user-friendly website with clear calls to action. * Mobile Optimization: Ensuring the website is accessible and functional on mobile devices. 5. Network and Collaborate * The importance of networking even during the busy season as a crucial marketing strategy. * Leverage Events: Using events as opportunities to network with vendors and potential clients. * Online Networking: Engaging in online forums and groups to build reputation and relationships. * Referral Programs: Encouraging client referrals through incentives. 6. Monitor and Adapt Your Strategy * The necessity of monitoring marketing efforts and adapting strategies based on performance. * Analytics: Using tools to track campaign performance. Feedback: Seeking and using client feedback to refine marketing approaches.
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1 year ago
14 minutes

The Business of Wedding Planning
Navigating Wedding Submissions as a Planner
I am excited to share an interview with Meghan Ely of OFD Consulting. She shares fantastic tips for submitting weddings to publications and online websites.  You can learn more submission tips on Meghan's guest blog HERE [https://plannerslounge.com/ready-set-submit-wedding-pr-tips-for-planners/] You can also contact Meghan by visiting the OFD Consulting Website [http://ofdconsulting.com/team/meghan-ely/]
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1 year ago
33 minutes

The Business of Wedding Planning
Setting Boundaries with Clients & Vendors
1. Understanding the Importance of Boundaries * Discussion on how setting boundaries helps establish professional relationships, prevents overcommitment and burnout, manages time and resources effectively, and ensures the delivery of the best possible service. 2. Setting Boundaries with Clients * Clear Communication from the Start: Amber talks about the importance of starting relationships with clear communication, detailing working hours, response times, and service expectations. * Manage Expectations: Strategies for being clear about what services include and how to handle requests that are beyond the scope. * Communication Protocol: Setting specific times for meetings and calls, and the use of efficient tools like emails or project management software to keep communications well-documented and efficient. * Firm yet Respectful: How to deal with clients who repeatedly cross boundaries, emphasizing the importance of being firm but respectful. 3. Setting Boundaries with Vendors * Clear Agreements and Contracts: Importance of having documented contracts with vendors that detail delivery times, payment terms, and the scope of work. * Timely Communication: How to communicate needs and expectations clearly and in advance to maintain good relationships and avoid last-minute stresses. * Respect Their Expertise: Amber discusses the value of respecting vendors' expertise while ensuring the client's vision is communicated effectively. * Professional Conflict Resolution: Strategies for addressing conflicts professionally by focusing on solutions rather than blame. 4. General Tips for Setting Boundaries * Be Consistent: Amber advises on applying rules consistently across all clients and vendors to establish a reputation as a fair and professional planner. * Stay Organized: Tips on using tools and software to manage tasks and communications efficiently. * Know Your Limits: Importance of understanding personal capabilities and the danger of overcommitment. * Self-Care: Emphasis on the importance of planners taking time for rest and personal life.
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1 year ago
11 minutes

The Business of Wedding Planning
How to Deal with Difficult Clients
1. Understanding the Nature of Difficult Clients * Discussion on the various forms of difficult clients: those with unrealistic expectations, indecisiveness, overly critical behavior, or confrontational attitudes. * Emphasis on recognizing the type of challenge at hand as the first step to effective management. 2. Dealing with Unrealistic Expectations * Educate Your Clients: Strategies for setting realistic expectations during initial consultations using examples from past weddings. * Offer Creative Alternatives: How to creatively satisfy client desires without exceeding their budget or logistical capabilities. * Transparent Cost Breakdown: Importance of providing a detailed cost breakdown to help clients understand budget allocations. * Use Visuals: Utilizing visual aids to help clients understand the impact of their choices on aesthetics and costs. * Incremental Decision Points: Setting up incremental decision-making milestones to manage client expectations throughout the planning process. * Scenario Simulation: Running through different scenarios to show potential outcomes and help guide client decisions. * Regular Reassessments: The necessity of regular check-ins to adjust plans and manage expectations effectively. 3. Managing Indecisive Clients * Provide Clear Options: Tips for presenting limited, curated options to avoid overwhelming clients. * Set Soft Deadlines: Using soft deadlines to gently push decision-making without adding stress. * Decision-Making Workshops: Organizing focused sessions to aid clients in making informed decisions. * Visual Aids and Examples: How mood boards and digital simulations can aid indecisive clients. * Incremental Decision Making:  Breaking down decisions into smaller, manageable parts. * Reinforce Positive Outcomes: The importance of reinforcing positive decisions to boost client confidence. * Professional Support: Continuous reassurance and support throughout the decision-making process. 4. Handling Overly Critical and Confrontational Clients * Pre-emptive Clarification: Setting clear expectations from the start to prevent misunderstandings. * Structured Communication: Implementing a communication protocol to manage interactions and expectations. * Active Listening: Techniques for validating client concerns and de-escalating tension. * De-escalation Techniques: Specific phrases and strategies to calm heated situations. * Boundary Reinforcement: How to firmly yet politely set professional boundaries. * Solution-Oriented Mindset: Focusing on solutions rather than dwelling on problems. 5. Handling Conflict and Complaints * Tips for staying calm and professional.                     * Strategies for acknowledging client feelings and seeking solutions rather than assigning blame. * Knowing when to draw the line with unreasonable demands.   6. Establishing Clear Communication * Importance of setting clear expectations from the start. * Benefits of active listening and regular updates to keep clients informed and engaged. Sponsor Info Markel Event Insurance [https://www.markel.com/m/event/planner]
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1 year ago
26 minutes

The Business of Wedding Planning
Finding Work-Life Balance During Busy Season
Introduction: * Amber welcomes listeners to a new episode focused on achieving work-life balance during the busy wedding planning season. * She shares her own past challenges with maintaining balance and stresses the importance of planning for the busy season to avoid burnout. Segment 1: Setting Clear Boundaries * Overview: Amber emphasizes the importance of setting clear boundaries with clients and vendors. * Key Strategies: * Define Work Hours: Clearly communicate your available hours to clients and vendors. * Learn to Say No: Understand when to decline requests that do not align with your business goals or personal capacity. * Manage Expectations: Regularly update clients on what to expect as their wedding day approaches to prevent last-minute pressures. Segment 2: Prioritize, Organize, Delegate * Overview: Discussion on using tools and delegation to manage workload effectively. * Key Strategies: * Task Management Tools: Utilize digital tools like Asana, Trello, or Google Calendar to keep track of tasks and deadlines. * Delegate Responsibilities: Assign tasks to team members or outsource functions like accounting or social media management. * Outsource Non-Core Activities: Consider hiring external help for tasks that consume too much time and do not require your personal expertise. Segment 3: Embrace Technology * Overview: Amber talks about how technology can streamline tasks and save time. * Key Strategies: * Automation Tools: Implement tools like Zapier or HoneyBook to automate repetitive tasks. * Virtual Meetings: Use platforms like Zoom or Google Meet for meetings to save travel time. * Cloud-Based Tools: Adopt cloud services for easier document and information sharing. Segment 4: Take Care of Your Health * Overview: Amber stresses the importance of physical and mental health during peak times. * Key Strategies: * Regular Exercise: Schedule time for physical activities to improve both physical and mental health. * Relaxation Practices: Incorporate activities like yoga or meditation into your daily routine. * Adequate Sleep and Nutrition: Ensure you get enough rest and eat well to maintain energy levels. Segment 5: Time for Personal Life * Overview: Importance of scheduling and protecting personal time. * Key Strategies: * Schedule Downtime: Block out time in your calendar for personal activities and ensure it's respected. * Digital Detox: Set specific times to disconnect from work communications to enjoy your personal time fully. * Pursue Hobbies: Engage in activities unrelated to work to foster a well-rounded life.
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1 year ago
21 minutes

The Business of Wedding Planning
The Anatomy of Pricing
Welcome to my first ever guest! Danielle Hendon of 4 Corners CFO. [https://4cornerscfo.com]  You can learn more about Danielle at www.4cornerscfo.com/plannerslounge [https://4cornerscfo.com/plannerslounge/]
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1 year ago
38 minutes

The Business of Wedding Planning
Cross-Selling Without Turning Clients Away
Introduction: * Overview of cross-selling and its benefits in the wedding planning industry. * Contrast between cross-selling and upselling, emphasizing the broadening of services with cross-selling. Segment 1: Understanding Cross-Selling * Explanation of how cross-selling involves recommending complementary services that enhance the primary service. * Discussion on how cross-selling can simplify the client's planning process by centralizing their needs. Segment 2: The Psychological Aspects of Cross-Selling * Exploration of how cross-selling taps into human behavior and decision-making. * Examples of how presenting complementary services can enhance the client's overall experience, making them feel supported and building trust. Segment 3: Identifying Cross-Sell Opportunities * Techniques for recognizing opportunities during initial consultations and ongoing client interactions. * Importance of subtlety and relevance in suggestions to avoid overwhelming clients. * Strategies for creating compelling bundled packages that appeal to client needs and enhance their event's overall style. Segment 4: Effective Cross-Selling Techniques * Discussion of the 'Package Bundle' strategy and its benefits for client satisfaction. * Use of visual aids to illustrate the advantages of comprehensive service packages. * Tips on timing and context for introducing additional services, emphasizing moments of client receptiveness. Segment 5: Balancing Cross-Selling with Client Satisfaction * Strategies for gauging client openness and respecting boundaries to ensure cross-selling enhances client satisfaction. * Importance of ethical cross-selling practices, focusing on transparency and the genuine benefits of additional services. * Techniques for following up on cross-sell offers in a non-intrusive manner. Conclusion: * Recap of key points about the effectiveness of cross-selling in providing a more integrated and enjoyable experience for wedding planning clients. * Encouragement for planners to practice cross-selling techniques, emphasizing the potential for improved client experiences and business growth. Mentioned Links: * The VIP Lounge: [https://plannerslounge.com/wedding-planner-forum] Invitation to join the VIP Lounge for ongoing support and discussions about cross-selling among professional planners. * Sales Maven-Nikki Rausch [https://yoursalesmaven.com/] Additional Tips: * Advice from a sales coach on overcoming nervousness about cross-selling by viewing it as an opportunity to enhance the client's experience. * Reminder not to make assumptions about the client's budget and to provide all available options for a better wedding experience.
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1 year ago
18 minutes

The Business of Wedding Planning
Pricing Strategies for Wedding Planners
* Amber introduces the episode's focus on different pricing strategies and common pricing pitfalls for wedding planners. * Emphasizes the importance of appropriate pricing for the sustainability of the business and to ensure profitability. Episode Overview: * Discussion on the necessity of making a profit to prevent burnout and sustain the business. * Amber shares her personal struggles with underpricing in the early stages of her career, highlighting the challenges of not understanding the full costs of delivering services. Segment 1: Common Pricing Pitfalls * Underpricing to Compete: Amber discusses how entering the market with low prices can create unsustainable business practices. * Overlooking Hidden Costs: Importance of accounting for all expenses to ensure pricing covers all costs. * Inflexible Pricing Models: The drawbacks of a one-size-fits-all approach and its impact on client acquisition. * Failure to Adjust Prices: Discusses the need for periodic price adjustments to reflect increased experience and changes in market conditions. Segment 2: Pricing Models for Wedding Planners * Flat Fee/Package Pricing: Benefits and challenges of using a flat fee model, including how to determine the fee based on scope assessment, cost analysis, and market research. * Percentage of the Wedding Budget: Explains this model's alignment with the scale of the wedding, including average percentages and considerations for high-budget events. * Hourly Pricing: Covers the straightforward nature of this model, its suitability for smaller tasks, and tips for determining competitive hourly rates. Segment 3: Determining Your Rates * Outlines methods to calculate appropriate rates, considering costs, market research, the target market's spending capacity, and the planner's level of experience. Segment 4: Overcoming the Fear of Charging What You're Worth * Strategies to recognize and communicate the value of one's services, using testimonials and case studies to justify rates. Segment 5: Communicating the Value of Your Services * Tips on highlighting unique service features, using visuals and stories in marketing, and educating clients about the wedding industry to enhance their appreciation of the planner's services. Featured Resource: [https://www.plannersloungeshop.com/products/pricing-with-confidence] * Mention of "Pricing with Confidence," a comprehensive guide available in The Planners Lounge shop, offering templates, worksheets, and tools to help wedding planners develop profitable and sustainable pricing strategies. [https://www.plannersloungeshop.com/products/pricing-with-confidence] Conclusion: * Recap of the episode's key points on pricing pitfalls, value communication, and strategic pricing models. * Announcement of the next episode's topic on upselling and handling out-of-scope requests. * Amber thanks the listeners for tuning in and teases the next week's topic, encouraging them to tune in for more insightful discussions on running a successful wedding planning business.
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1 year ago
33 minutes

The Business of Wedding Planning
Creating Services & Packages for Your Ideal Clients
Overview of the episode's focus on crafting well-structured wedding packages to simplify client decision-making, enhance marketing effectiveness, and increase bookings. Main Discussion Points: 1. Benefits of Well-Structured Packages:     * Clarity and Simplicity: Ensures potential clients understand what they are getting, reducing confusion and helping in decision-making. * Targeted Marketing: Tailors packages to specific wedding types or client needs to attract ideal clientele. * Perceived Value: Designs packages that showcase the value of services provided, encouraging investment. * Streamlining Operations: Improves business efficiency through predefined service outlines. * Upselling Opportunities: Facilitates the addition of services for an extra fee, enhancing client experience and business revenue. * Competitive Differentiation: Distinguishes services in a crowded market by highlighting unique selling points.   2. Understanding Your Client Base: * Importance of knowing the target market before designing packages. * Strategies for gathering information on potential clients' needs, preferences, and budget considerations, including market research and client feedback. 3. Components of a Compelling Wedding Package: * Detailed breakdown of essential elements every package should cover, such as planning time allocation, scope of services, onsite presence, and level of involvement. * Importance of clear, concise, and attractive package descriptions for effective marketing and client communication. 4. Flexibility and Customization: * Discusses the significance of offering customizable packages to meet diverse client needs and enhance satisfaction. Additional Resources: * Mention of free downloadable resources like the Planning Package Checklist and the Pricing with Confidence guide available in the show notes. * Invitation to join the free wedding planner community, the VIP Lounge, for further resources and support. Closing: * Recap of the importance of understanding the target market and continuously refining service packages. * Reminder for listeners to tune in to the next episode focused on detailed pricing strategies. Links Mentioned: * Planning Package Checklist Download [https://www.plannersloungeshop.com/collections/free-resources/products/service-package-checklist] * Pricing with Confidence Guide Download [https://www.plannersloungeshop.com/products/pricing-with-confidence] * Join the VIP Lounge [https://plannerslounge.com/wedding-planner-forum]
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1 year ago
28 minutes

The Business of Wedding Planning
Cultivating a Great Relationship with Your Clients
Episode Summary: In this final episode of our five-part series about starting a wedding planning business, we discuss cultivating strong and effective client relationships. We will cover practical steps and strategies for building meaningful connections that enhance client satisfaction and streamline the wedding planning process. Key Topics Covered: 1. Introduction to Client Relationships in Wedding Planning * Understanding the unique nature of working closely with couples during one of the most significant events of their lives. * Managing relationships with the couple and their families and friends, often navigating complex dynamics. 2. Essential Strategies for Effective Client Relationships * Smooth Onboarding Process: Importance of a positive first impression during the initial consultation, setting the stage for a trusting relationship. * Transparent Communication: Being upfront about the planning process, what clients can expect, and how issues are handled. * Setting Boundaries: It is important to have clear boundaries to prevent burnout and maintain professionalism. * Understanding Client Vision: Techniques to ensure the planner fully grasps and respects the couple's vision and preferences. 3. Detailed Breakdown of Client Interaction Stages * Pre-Wedding: Key elements of client onboarding, including consultations, proposals, agreements, and initial documentation. * During Planning: Regular updates, plan adaptability, budget management, and sharing of inspiration and resources. * Wedding Day Execution: Managing vendors, providing emotional support, and ensuring detailed attention to the couple's needs. * Post-Wedding Follow-up: Gather feedback, request testimonials, and maintain contact for future events. 4. Resource Highlight: * Introduction to the digital product Effective Consultations for Wedding Planners, a guide/workbook designed to enhance initial client interactions and consultation processes. [https://www.plannersloungeshop.com/products/effective-consultations-for-wedding-planners] Join us next week as we dive into creating wedding planning packages that attract your target client.
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1 year ago
24 minutes

The Business of Wedding Planning
The Business of Wedding Planning is a podcast dedicated to guiding aspiring, new, and growing wedding planners through the intricacies of creating and scaling a profitable wedding planning business. Each episode explores topics essential for success in the industry, including marketing strategies, pricing models, client and vendor relations, and sales strategies. This podcast offers actionable advice, proven business strategies, and real-life success stories from seasoned wedding planners and industry experts. Listeners will gain insights into overcoming the common challenges faced by wedding planners, such as managing client expectations, building a reputable brand, and mastering the logistics of event planning. The Business of Wedding Planning focuses on the operational and business aspects of running a wedding planning business. Whether you're just starting out with a dream and a passion for wedding planning or you're looking to grow your business, this podcast is your go-to guide for navigating the path to profitability and success in the competitive wedding planning industry. Join us to transform your passion into a thriving business. The Business of Wedding Planning is brought to you by The Planners Lounge, an online resource, website, community, and shop for wedding planners. Established in 2011, Planner's Lounge has been the premier resource site for wedding planners since its creation.  Podcast host and Planners Lounge CEO Amber Peterson started her planning business in 2009 in NW Washington. In 2013, she founded the Skagit Wedding Society, a networking group for wedding professionals to meet and collaborate on weddings and styled shoots and to promote Skagit County, WA, as a premier wedding destination in the Pacific Northwest.  The SWS also produced the annual Skagit Wedding Tour. Amber graduated from the University of Alaska Fairbanks with a BA in Public Relations/Advertising and went on to earn a Masters of Science in Integrated Marketing Communication from Roosevelt University in Chicago, IL.   For questions or comments email info@plannerslounge.com