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» The Letterville BullBoard » Old Archives » Basic Sign Pricing Standard for Customers

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Author Topic: Basic Sign Pricing Standard for Customers
Dwayne Hunter
Visitor
Member # 133

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I had a customer in here the other day, who was gettin' ready to get rid of a partner and reconfigure his image. Anyway he asked me,"How do other small businesses gauge what to spend on signage?" I went on to tell him that it really depended on location, space available, color & detail content, and size.

Well, he pointed out that "doesn't your rent payment kinda reflect 'that'?"

And it hit me that he might be onto somethin'... If I had a shop where the rent was $600 a month(I wish!!!!), a $600 sign would probably be about right given the space and location (in this area, anyway). Now if I wanted to create a more upscale image, I'd spend more.

Do you all think that could be a good "gauge" to suggest? Would it work in all areas, instead of just here...

From lookin' at past records, it kinda works out. Larger businesses with a rent of more than $1000 a month, usually spent just that or more, and it's was the same with smaller ones (I've got a hair salon that pays $200 or $300, and she paid $350 to have her windows done, said she wanted "a very professional image" and it has worked...

Had another, though, "since I'm already established" paid a local quick shop $200 for a 3'x 8' to go over his $700 a month shop.

Until next time, remember what the wise old vinyl dudes say, "An X-Acto over the ear usually means a blade in the leg..."

------------------
Dwayne Hunter
Image Factory Signs and Designs
King, NC
336 985-3640

"Paint to Live, Live to Paint"


Posts: 215 | From: Rural Hall, NC | Registered: Jan 1999  |  IP: Logged | Report this post to a Moderator
Pierre St.Marie
Visitor
Member # 1462

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In our neck-o'-th'-woods it begins with the lineal footage of store front of a business. That determines allowable sq' of signage he can have. From there it goes into oblivion concerning what he can afford. I've actually never heard of sign $ related to monthly rental. A tiny shop in Manhattan may cost $4,000 a month and not have room for more than a 3'x4' sign. BUT.......if you can get $4,ooo for that 3x4.......DO IT! :^)

------------------
St.Marie Graphics
& Makin' Tracks Sound Studio
Kalispell, Montana
Mkntraks@digisys.net
Carving America into a better shape! PEACE, through superior chisel-power!



Posts: 4223 | From: Kalispell,Mt 59903 | Registered: Mar 2000  |  IP: Logged | Report this post to a Moderator
Dwayne Hunter
Visitor
Member # 133

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Well, I can dig what you are sayin', different areas are gonna be different...this type a rule might only work in rural areas (not the big city, but maybe figure it as a percentage of the rent)...

I'm just lookin' to give customers an idea of how to make more of an educated decision. If I was in that shop in Manhattan, for $4000, I would assume it is a pretty nice shop (don't know, but I'll make a guess), and if it's in a good section with a lot of traffic, 25% of my rent could go into my 3'x 4' sign effectively. I know everywhere will be different, but it could still just be used as a "gauge".

------------------
Dwayne Hunter
Image Factory Signs and Designs
King, NC
336 985-3640

"Paint to Live, Live to Paint"


Posts: 215 | From: Rural Hall, NC | Registered: Jan 1999  |  IP: Logged | Report this post to a Moderator
Pierre St.Marie
Visitor
Member # 1462

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If it appears to be the "general" barometer in your area you're lucky. Around here "thar's no tellin'" what theyre gonna go for. I've had deep pocket clients argue about a $2,000 sign, and a mom/pop outfit buy a $6,000 carved sign. Go figger........... :^)

------------------
St.Marie Graphics
& Makin' Tracks Sound Studio
Kalispell, Montana
Mkntraks@digisys.net
Carving America into a better shape! PEACE, through superior chisel-power!



Posts: 4223 | From: Kalispell,Mt 59903 | Registered: Mar 2000  |  IP: Logged | Report this post to a Moderator
Dave Draper
Visitor
Member # 102

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Does this mean a guy who owns his store, makes no payments, gets his sign for FREE?
hahahahahahaahah

I know, I know, just call me a "smart a--"

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Go Get 'Em.....
AKA Raptorman on #Letterheads mIRC Chat
Draper The Signmaker
Bloomington Illinois USA

Proud 2-yr. $upporter of this Web Site (May 1999-May 2001)

[This message has been edited by Dave Draper (edited April 29, 2000).]


Posts: 2883 | From: Bloomington Illinois USA | Registered: Nov 1998  |  IP: Logged | Report this post to a Moderator
Pierre St.Marie
Visitor
Member # 1462

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Yes......it does, Dave, and I have a list here for you to begin on first thing Monday. :^)

------------------
St.Marie Graphics
& Makin' Tracks Sound Studio
Kalispell, Montana
Mkntraks@digisys.net
Carving America into a better shape! PEACE, through superior chisel-power!



Posts: 4223 | From: Kalispell,Mt 59903 | Registered: Mar 2000  |  IP: Logged | Report this post to a Moderator
Checkers
Resident


Member # 63

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Hiya Dwayne,
I understand on what you're trying to do but I wouldn't approach it this way. There are too many variables involved to even begin to put a round number on it.
Each business is unique in what they do & where they're located. This requires a unique approach in how they advertise & promote themselves. A doctor's office & a night club wouldn't want their signs cut from the same mold.
One way to add value to the client's signs is to study their location. A good location with a lot of traffic may want to promote themselves a little more with their on site signage and less with other forms of media. A poor location should be just the opposite.
Sign Business magazine just did an article about the value of signs as compared to other forms of media. I found it to be quite interesting. I belive it was April's issue.
Havin' fun,
Checkers


------------------
a.k.a. Brian Born
Classic Signs
South Plainfield, NJ
members.home.net/sign-it/
This isn't Burger King, you can't have it your way.

[This message has been edited by Checkers (edited April 30, 2000).]


Posts: 3775 | From: Harrisburg, Pa. U.S.A. | Registered: Nov 1998  |  IP: Logged | Report this post to a Moderator
   

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