Scenario · not a client result

Scenario: one studio, four ways to earn.

How a 1,800 sq ft LA photo studio could grow from one use to four, one step at a time. The same studio can serve four kinds of customers, as long as it can win the bookings and handle the turnovers.

This is an illustrative example, not a real client’s results. Rates are based on typical Peerspace prices in LA (studios average about $79/hr, event venues about $167/hr) and each platform’s published host fee. Photos show a real studio, used with permission. Your numbers will differ.
TODAY$2,560/mo
POSSIBLE, IF IT BOOKS$9,720/mo
01
Photo shoots only

Photo shoots only

Listed on Peerspace as a daylight photo studio at about the LA average rate. Good bones, one use.

10 shoots × 4 hrs × $80/hr
$2,560/mo take-homeRunning total $2,560/mo
02
Added evening events

Added evening events

Restaged the courtyard for dinners and launches, shot new photos of each setup, and added a second listing on Tagvenue.

+3 events × 5 hrs × $165/hr
+$2,030/mo take-homeRunning total $4,590/mo
03
Added video lighting

Added video lighting

Bought a lighting and grip package and listed on Giggster for video productions at a higher rate.

+4 video days × 10 hrs × $125/hrOne-time gear cost $6,500, paid back in about 1.6 months
+$4,050/mo take-homeRunning total $8,640/mo
04
Added weekday meetings

Added weekday meetings

Staged tables for 12, added a large whiteboard and a projector to the listing, and priced weekdays lower to fill empty hours.

+6 meetings × 3 hrs × $75/hr
+$1,080/mo take-homeRunning total $9,720/mo

What this assumes

  • The extra bookings actually come. Every step assumes new customers find the listing. None of it is guaranteed; demand depends on the space, the season and the neighborhood.
  • Setup costs. A staged shoot ($1,200–2,000), listing setup, and $6,500 of lighting and grip for step 03.
  • Running costs not shown above. Cleaning between events, someone on site for larger bookings, utilities, wear and tear, and commercial insurance.
  • Calendar room. Four uses only fit if they don’t collide. That takes one shared calendar and clear rules for each platform.

What made the difference

  • Launch pricing to earn early reviews. A new listing with no reviews gets passed over. About 20% off the first ten bookings brought people in, and every guest got a friendly review request afterward. The discount was open to everyone and never tied to leaving a review (paying for reviews breaks platform rules).
  • Photos of each use. Bookers can’t picture a dinner in an empty white room. Staging it three ways did more than any description.
  • A different platform for each audience. Photographers find you on Peerspace, event planners on Tagvenue, video crews on Giggster.
  • Pricing by day and use. Weekday meetings at a lower rate filled hours that were earning nothing.
  • Calendar rules. One calendar across every platform so a meeting never lands on a shoot day.
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