There are thousands of photographers out there with their own philosophies and business models that may disagree with what I put here. However, this is my understanding of a few different ways we can do this whole photography thing:
1. Shoot and Burn. This is where a photographer takes the photos and immediately burns them, unedited, to the client's computer, and then washes their hands of the whole event.
2. Shoot and Share. Affectionately referred to as Shoot and Burn by some non-shoot and share photographers. In this scenario, the photographer takes the photos, and then culls and edits them. The pictures are then typically uploaded to an online gallery and then given to the client to do with what they will. Prints, canvases, and albums are still usually ordered through the photographer, sometimes via the gallery, though a print release may be granted to the client and they can opt to order their own much cheaper, lower-quality products.
3. In-Person Sales. You book a session, shoot it, and then client & photographer schedule another meeting where the (sometimes edited, sometimes not) photos are revealed via a magical slideshow. Or, the photographer has printed some proofs and displays them. The client chooses their favorites and then selects a package of items, usually high-quality and expensive prints, canvases, and albums. A number of 'social media files' are sometimes included, but digital files are not typically given.
Each of these comes with a set of pros and cons for both the photographer and client that completely depend on personal preference. I am a shoot and share photographer at the moment, because if I were the client, I would want to work with a shoot and share photographer.
I'd want a shareable online gallery to send to friends and family. I'd want a ton of digital images. IPS photographers provide a great service to those seeking specialized wall art, where shoot-and-sharers provide more photos in general that can be easily shared.
Agree or disagree, you will be able to find tons of photographers from all schools of thought. One way isn't more 'right' than another, it's a matter of personal preference and whatever the specific situation may dictate.
And here's what I've been up to around the house lately: we have random cat photo and random fun double-exposure test that didn't quite turn out the way I wanted it to, but looks pretty neat anyway. Yay.