(Closed) How much of a discount are you getting because of the economy?

posted 10 years ago in Money
Post # 17
Member
3176 posts
Sugar bee
  • Wedding: May 2011

No discount 🙁 The wedding business in Charleston seems to be pretty stable and my wedding is a budget one, I don’t think they are willing to budge on prices because for everyone one of me there are about 5 people who can afford over full price. Prime example one of the venues I looked at didn’t have any dates in June available because someone was “deposit shopping” She put a deposit down for every weekend in June b/c she wasn’t sure what day she wanted, she didn’t even end up going with the venue!

Post # 18
Member
185 posts
Blushing bee

I negotiated a reduced food/drink minimum since we are doing it on Friday the 13th, and I figured that not a lot of brides would want that date.  Basically, they reduced the Friday night min by 1/3.  So, we aren’t getting a discount on an actual cost, but this allowed us to consider the venue since based on the size of our guest list, we would not have been able to come close to the typical Friday night min. 

You’ll have more negotiating power if you are getting married at an less popular time of year (say – february), or on a Friday or Sunday. 

Post # 19
Member
140 posts
Blushing bee

I would be careful… 50% could be perceived as an insult, and you may be written off immediately.  Even if they can come down a little, asking for so much makes you look like a problem from the start.  Just because other venues are charging less, doesn’t mean this venue should or can.  Are you sure you’re comparing apples to apples?

Just a thought…

Post # 20
Member
2083 posts
Buzzing bee
  • Wedding: May 2010

We got no discounts what so ever… I did try to lower my photography package but he refused to budge and let me lower it (I asked a couple months before the wedding).

Post # 22
Member
289 posts
Helper bee
  • Wedding: December 2010

View original reply
@YSQueen:  Good luck!  I think that sounds like a good plan.  Getting married on a Sunday is definitely increases your bargaining power.  My venue actually offered me a discount on a Sunday when I was trying to negotiate with them, but wouldn’t budge on the Saturday.  A larger cash deposit might be helpful, especially if the venue is smaller and owned by an individual rather than a corporation!

Post # 23
Member
289 posts
Helper bee
  • Wedding: December 2010

Whoops, double post!

Post # 25
Member
1254 posts
Bumble bee

I think vendors are aware that, due to the economy, budgets nowadays are tighter than usual so they have either already reduced their prices or included more services to accomodate the change. I don’t think I’ve ever been given a discount because of the economy. I have been able to negotiate minimal discounts (10-20%) on my dress, decorations, stationery, etc. but I doubt it was given to me because of the current economy.

Post # 26
Member
309 posts
Helper bee
  • Wedding: April 2011

@absolutbettie  I love that article– so true, you can get it cheaper, you just have to make sacrifices.

To OP– if you’re willing to make the sacrifices other brides won’t (i.e. having a Sunday reception, you’re much more likely to get the discounts) However, even in this economy 50% is really unlikely. You have to make it worth their while– it’s like Priceline: The hotels are willing to bargain, but after a certain point it’s cheaper for them to keep the empty room, because the profit margin would be too low.  Being a good negotiator means figuring out what that price is : )

Post # 27
Member
340 posts
Helper bee
  • Wedding: September 2010

No discount – at all. I tried to negotiate with a few, but all kindly told me that there is always another bride out there willing to pay full price so they don’t need to negotiate. Some did offer payment plans, etc – but no one was willing to give a discount.

Post # 28
Member
2057 posts
Buzzing bee
  • Wedding: October 2010

Did not get a discount on my venue, however, we are getting married on a Sunday and the venue price is $6k lower than Saturdays price.  That helps immensely.

Remember while budgets have shifted and we are in a recession the bridal industry is not so much. There isn’t a shortage of engagements which of course lead to weddings which of course lead to venues photogs florists music etc… Tongue out

Post # 29
Member
120 posts
Blushing bee
  • Wedding: November 2011

mine’s about $2k cheaper for having a friday rather than a saturday wedding and the room minimum was moved from 200 to 150 beacuse it’s in the off season, but that won’t even matter because i think we’ll have 200 anyway.  but discounts because of the economy?  nope.

Post # 30
Member
13562 posts
Honey Beekeeper

Absolutely no discounts. They all knew someone else out there would pay full price.

Post # 31
Member
2633 posts
Sugar bee

No discounts here either. 

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