Paint Basket Member Art Forum

Author Topic: Another pricing newcomer/unknown art question...  (Read 914 times)

ImBatman

  • Easel
  • *
  • Posts: 1389
  • 5375
    • creative with colour
on: October 23, 2013, 03:44:14 AM
In this post : http://www.paintbasket.com/members/index.php/topic,90.msg82.html#msg82 Dennis mentions a nice starting price as "double the price of the frame."

But because I paint on double thick canvasses that don't need to be framed, hat kinda blows that theory out of the water.

Another suggestion that crops up a lot on internet searches is $1 per square inch, but there is no qualification about the framing...

I've also read not to under price - because the next person (word of mouth) might see it as a bargain and expect a bargain, then forcing you bargain basement niche...

Someone has expressed interest in my latest Nature Series one... http://www.paintbasket.com/members/index.php?action=media;sa=item;in=11975 but $600 would seem pretty damn steep if I was the buyer... Especially when I'm only a legend in my own mind!

 :tickedoff: :tickedoff: :tickedoff:

What to do, what to do.

Batman.
« Last Edit: October 23, 2013, 04:20:30 AM by ImBatman »
I will have the chance to achieve perfection, when and only when I can remember the future.


Fencepost

  • Class Topics Only
  • Palette
  • *
  • Posts: 385
  • Veni, vidi, velcro: I came, I saw, I stuck around
Reply #1 on: October 23, 2013, 06:50:09 AM
Tour local art galleries and see what the current going rate is for abstract works. Actually, this series deserves a show of its own! Find a gallery to take on your work! You're ready! :promise:
Judie

keep knocking and the joy inside will eventually open a window and look out to see who’s there   -rumi


ImBatman

  • Easel
  • *
  • Posts: 1389
  • 5375
    • creative with colour
Reply #2 on: October 23, 2013, 11:35:43 AM
Fencepost, I thought I was getting somewhere in what I was doing.

But it is more a question about : as a complete unknown trying to come up with pricing equivalency.

Also Ebay? Here is an Aussie guy who paints them on commission. I don't think you get to choose the subject but these are indicative. http://www.ebay.com.au/itm/AUSTRALIAN-ORITI-HUGE-CANVAS-ABSTRACT-MODERN-ACRYLIC-PAINTINGS-TREE-FLORAL-ART-/221291758844?pt=AU_Paintings&hash=item33860444fc

Batman.
I will have the chance to achieve perfection, when and only when I can remember the future.


stoney

  • Easel
  • *
  • Posts: 1626
Reply #3 on: October 24, 2013, 11:34:40 AM
In this post : http://www.paintbasket.com/members/index.php/topic,90.msg82.html#msg82 Dennis mentions a nice starting price as "double the price of the frame."

But because I paint on double thick canvasses that don't need to be framed, hat kinda blows that theory out of the water.

Another suggestion that crops up a lot on internet searches is $1 per square inch, but there is no qualification about the framing...

I've also read not to under price - because the next person (word of mouth) might see it as a bargain and expect a bargain, then forcing you bargain basement niche...

Someone has expressed interest in my latest Nature Series one... http://www.paintbasket.com/members/index.php?action=media;sa=item;in=11975 but $600 would seem pretty damn steep if I was the buyer... Especially when I'm only a legend in my own mind!

 :tickedoff: :tickedoff: :tickedoff:

What to do, what to do.

Batman.


Disagree about the being 'forced' into a bargain basement aspect.  As one gains experience and gets more exposure, and sales, prices will increase.

Generally, it is 'x' amount per square inch, regardless of subject matter.

If someone expects a 'bargain basement' price-sell them a print.  An open series of prints can be unlimited whereas a numbered series will have a set number of prints numbered sequentially.  Such would be marked as print 'x' of the total number (often 250 or 500).

Some years ago an artist living in Greece (prior to the Euro in Greece) had a dilemma involving web prices being much higher than local prices.  There was no way the locals would be able to afford the web price.  The artist solved the problem by indicating a web purchaser could get the local price by coming to Greece and buying it direct. In many/most cases I'm sure this made the 'local price' being far higher than the web price.

An idea which just came to mind might be to sell 5 x 7's at one price point and 8 x 10's at a second price point.  These works would be simpler and less detailed (such is a size limitation.  Working this size would decrease overall time.  Time is, literally, money.  Prices could change or be factored in as (canvas size + cost plus for standard cotton canvas, portrait cotton canvas, and linen canvas-all purchased ready to paint on.

Something to keep in mind is not having to purchase a frame saves the buyer money and some of this savings could be integrated into you sales price for the work.

Possibly include VAT into the overall cost and bundle a handling fee into total cost, as was the canvas plus cost and a bit for paint replacement. Let's say your base cost (for illustration only) was a dollar (aus) per square inch and the rest, including VAT, added another dollar (for canvas) and an extra 50 cents for linen.

This is base cost for which packing and shipping would be other extras.  Packing a work requires time and materials.  I suppose sending a rolled canvas would be the least time consuming method.


nolan

  • Administrator
  • Master Artist
  • *
  • Posts: 11188
    • Draw With Nolan
Reply #4 on: October 24, 2013, 11:48:29 AM
the question is : is that $600 cheap to you, ie., will it make a difference to you. If $600 is not worth the money it is printed on, then it's too cheap. If the $600 will make a HUGE difference to you, then you can come down with the price if you want. If the $600 is just going to fill a hole in the budget, then keep it that price or see if you can get more.

Remember it is easy to come down with your price, impossible to tell the person you now want more.


 

SimplePortal 2.3.5 © 2008-2012, SimplePortal