what is the state of the marriage videography industry today? To discover, we chatted with working marriage videographers, found industry stats and fleshed out what's a flourishing business in an expanding market.
To get an idea of the size of the marriage videography market, first let's have a look at statistical data that make clear the enormous sum of money spent on marriages in the U. S. . According to the North American Marriage Study by Conde Nast's Bridal Infobank, in the last 10 years spending on a mean marriage has exploded by fifty percent, to a mean of $22,360 per marriage this year, up from $15,208 in 1994. And, according to Richard Markel, President of the organisation for Marriage Execs International, of the $65 bln spent on marriages annually, "6% of the budget would be for video. "Markel added, "But using the 6% of the predicted $65 bn. spent will compare out to $390 million. Wedding candles. if there's a substantial difference in your net assets, it might be stupid not to have one drafted by a counsel and signed by the required parties. A good accountant may help out in this area.