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View Poll Results: How much is your average cost per gig?

Voters
49. You may not vote on this poll
  • 0 - 25 per gig

    1 2.04%
  • 26 - 50 per gig

    3 6.12%
  • 51 - 75 per gig

    3 6.12%
  • 76 - 100 per gig

    11 22.45%
  • 101 - 125 per gig

    9 18.37%
  • 126 - 150 per gig

    6 12.24%
  • 151 - 175 per gig

    4 8.16%
  • 176 - 200 per gig

    5 10.20%
  • 201 - 225 per gig

    1 2.04%
  • Over 226 per gig

    6 12.24%
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Results 11 to 20 of 21

Thread: Have you properly evaluated your costs?

  1. #11
    One Vision's Avatar
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    Quote Originally Posted by kilmeedyman View Post
    Following on from another thread with a familiar theme, I wonder if you have worked out what it costs per gig for you to DJ?

    I don't mean just petrol etc. for the day, I mean a proper costing which adds up the annual expenditure and divides it by the average number of gigs you do in a year.

    Costs should include:

    Operating Costs
    Depreciation of operating equipment (speakers, players etc) at 25% per annum
    Disposables (eg. bulbs, leads, fuses)
    Giveaways (glowsticks etc.)
    Roadies
    Vehicle costs including servicing, tyres, tax and insurance etc.
    Music Purchases
    Clothing Purchases and cleaning
    Equipment repairs
    PA Testing
    PLI
    Other insurances (eg. equipment)
    Licences
    Fuel costs
    Parking costs

    Office costs
    Computer
    Paper and Ink
    Postage
    Telephone & Fax
    Heat, light & power for office/home (an appropriate proportion)
    Advertising
    Internet costs (hosting, ISP, email etc.)
    Subscriptions

    I know what it costs me per gig and set my charges accordingly.

    Be realistic about the costs and how many gigs you would do in a year.
    Do the calculation annual costs divided by gigs and post our result here nad in the poll.
    So out of this list, how much could you actualy claim back?

  2. #12
    Solitaire Events Ltd's Avatar
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    Quote Originally Posted by One Vision View Post
    So out of this list, how much could you actualy claim back?
    A percentage of all of it, that's the point.

  3. #13
    mikeee's Avatar
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    Not too much of this will reduce (except fuel expenses) if there is a downturn in the number of bookings next year.

    This means, paradoxically, that in lean times as we're supposed to be heading for, the sales price per booking should really go up.
    http://www.mikemooreentertainments.co.uk
    ...playing all the hits for you...
    ....wherever you may be .......

  4. #14

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    Well I'm in the higher 1/3 of the costs at 166 per gig, but that is probably because I don't do so many gigs as some (around 35).... :-(

    Mikeee is spot on re. the more gigs you do in a year, the lower the cost per gig - that's maths for you! Equally if the number of gigs reduces next year because of the credit crunch, the cost per gig increases..

    It was a really useful exercise to do the calculation and a bit of an eye-opener to be honest. Had all the figures there in my accounts like the rest of you, just didn't do the analysis.

    At least I know now if I need 5k income per year before tax (4k after tax) from discos, which is very modest indeed, I need to charge an average of 309 per gig or find 15 more gigs per year at an average of 270 each.

    It does make you wonder how some people price themselves - and how some agents think they can pay you less (ie. so you end up with a loss)

  5. #15
    theoloyla's Avatar
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    Like I said in another thread you need to have a full business plan with targets for sales (in volume and price) and expenses plus a cashflow projection and analysis. Then you can really run your business ain an informed way.
    Banana Power Travelling Discotheque - legendary entertainment since 1966
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  6. #16

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    Exactly Theo

  7. #17
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    Like the man said
    http://www.mikemooreentertainments.co.uk
    ...playing all the hits for you...
    ....wherever you may be .......

  8. #18

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    Quote Originally Posted by kilmeedyman View Post
    Well I'm in the higher 1/3 of the costs at 166 per gig, but that is probably because I don't do so many gigs as some (around 35).... :-(

    Mikeee is spot on re. the more gigs you do in a year, the lower the cost per gig - that's maths for you! Equally if the number of gigs reduces next year because of the credit crunch, the cost per gig increases..

    It was a really useful exercise to do the calculation and a bit of an eye-opener to be honest. Had all the figures there in my accounts like the rest of you, just didn't do the analysis.

    At least I know now if I need 5k income per year before tax (4k after tax) from discos, which is very modest indeed, I need to charge an average of 309 per gig or find 15 more gigs per year at an average of 270 each.


    It does make you wonder how some people price themselves - and how some agents think they can pay you less (ie. so you end up with a loss)
    Whilst he has approaced the subject very proffesionally i'm not sure he has the balance right.

    I would rather be out doing my 150 gigs a year than sat at home analyzing my 35....thats not slagging him off.....he's entitled to run his business his own way.....


    Whilst i'm doing my cheapish Sunday night I'm also advertising better than any website...wedding fayre....mail shot....

    "Who is that boy.....He can entertain!!"
    Last edited by StarZSoundS; 10-09-2009 at 06:56 PM.

  9. #19
    Solitaire Events Ltd's Avatar
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    Quote Originally Posted by StarZSoundS View Post

    Whilst i'm doing my cheapish Sunday night I'm also advertising better than any website...wedding fayre....mail shot....

    "Who is that boy.....He can entertain!!"
    Have you taken lots of work from the aforementioned 80 Sunday night booking then?

  10. #20

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    Friends of Friends of Friends!!

    In it to win it.

    You'll notice no website.....everything comes from repeat bookings!!Never spent a penny on advertising yet!!

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