In yesterday’s post I should have made it clear that Jeff Sedlik does not endorse using a media buy percentage system to determine fees. I added the link to his APAnet post (and the thread in general) to emphasize the concept of understanding value, but the way I worded the post, it certainly appears that I am including Mr. Sedlik in those who specifically use and encourage a media buy percentage system. I was wrong to give that impression.
I am sorry for the confusion and my sloppy writing which caused it.
I do want to say that though Jeff and I differ on using a media buy percentage system, he is someone who has consistently stood for photographers understanding the value of their work and pricing appropriately with that understanding. I encourage people to read his posts on various forums (and in all media) with respect and an open mind.