Ok “perception of Value” lets break this into pieces. What does “perception” mean? Well one of the definitions of perception on your.dictionary.com is “the act of perceiving or the ability to perceive; mental grasp of objects, qualities, etc. by means of the senses; awareness; comprehension” and one of their definitions of value is “estimated or appraised worth or price; valuation”. So when we put these two together we get perceived value meaning someone using their senses to determine its estimated worth to them… Wow… this got me really thinking as how can we learn from this idea of ‘perceived value’ as a profession?
Then I start thinking as to who really does this ‘perception of value’ thing really well? And then I remembered the last time I went shopping and ended up in the cosmetics department of a large store… the beautiful smells … the well presented ladies encouraging you to try their makeup or perfume … the amazingly designed packaging that leaves an impression of luxury. That’s it they are the masters of this “perception of luxury value” and it reminded me of a test done many years ago in the US. The test consisted of the following; side by side on a shelf were the same brand of perfume … one in a nice bottle at $12.99 and the other nicely presented in a beautiful perfume box at $22.99. Which one sold most?…I at the first time of reading this said … sure the $12.99 bottle had to sell more if it’s the same perfume… guess what I was wrong … the nicely packaged bottle outsold the other bottle four to one or by 400%. The cosmetics industry are the masters at presenting their offerings in away to maximise the “perceived value” of their customers.
So what can we learn from this? How many photographers do you know who present their prints as prints only? How many present their work on CD or DVD only? While there is nothing wrong with this i.e. there is always a market for a ‘low cost product’ there is even such in the cosmetics industry … I would encourage you to think carefully before you depart down this way.
If you are doing an event and it does not warrant a wooden or acrylic frame at least put it in a photographic strut mount or folder and brand this mount or folder with your name. This does not add much expense but it will add to the ‘perceived value’ to your customer when you present them your print.
Now for the sales pitch from my sponsor photovalue.com who always offer a FREE blocking service on their gem collection range of photographic folders and strut mounts … but for the months of January and February we are going one better … normally there is a once off set up charge of £40/€40 for the block but even this will be waived if you quote this blog exert. Just email Hannah or Ronan at sales@photovalue.com and quote the reference : “Blog cosmetics”.
Bye for now… If you have any ideas, thoughts or suggestions on any topics you would like me to blog about please leave a comment here or email me at pvphotoman@photovalue.com
Many Thanks
PV Photoman







