I know this is a tricky question because everybody's art is different in sizes, time, style, but I am pricing my art. I don't want to be expensive, or inexpensive but I don't know how much money people is spending on art these days. What is your most inexpensive original and size? Medium size? Large size? Or expensive? I just need an idea. Thank you
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By the way, where do you live? I live in Barrington.
Another small show coming is: Art in the park. 50.00 dlls to get in, they will provide a tent for an extra 15.00 Great area, haven't done it but nothing to loose! Show is on May 22nd, on a Sunday.
I'm also a mom of 3 so I understand, we have to be creative doing what we love to do.
I'm going to e mail them, I read their whole site, I think they have a great thing going on supporting Chicago artists, Thank you! Are you going to do any shows in IL this summer?
Hi Christina, This is funny, I looked at your FB page last week, browsing, I don't know how then I found Sacred Heart, I found it interesting. I love your paintings, the trucks, the motorcycles, I think they are very original and it's hard to find art that focus in boys, teens, men, I loved it!
Tell me more about Sacred Heart and thanks for your tip. I usually underprice my art because I am afraid people will think I am charging too much.
Beyond the actual cost of materials I always keep track of real time and that is my starting point. What I pay myself may differ from time to time...just because I am also the 'commissioner' of the work and every work stands on it's own merit. Variety in pricing may result from a difference in sizes and finishing. I try to appeal to my 'audience' when I know who they will be. I never make excuses for one work being noticeably more expensive than another because I have my reasons for it being that way...Buyers are, after all, buying a part of me including my evaluation of my own work. I feature several 'Collections' - mostly small work (12 x 16 and smaller) within the $20 to $30. range and they are a larger portion of the display. I work primarily in Watercolor, Mixed Drawing and Acrylic. All are originals and priced anywhere from $20-$45. for unmatted work up to 12 x 16. Mid-range sizes are matted &/or framed: $50. to $200. Larger sizes(16 x 20 - 20 x 24) : from $275 -$500 matted/framed/including work on canvas. These are spotlighted as 'featured' works and fewer are displayed in most shows.
Your costs, your value as an 'employee' and your market come first.
Carla Bank > Kathleen NeffApril 11, 2011 at 2:45pm
Oddly enough, I would check into trends and what is trending right now. I agree with Kevin on what he says about pricing. To add to it, I would say yes know your costs for materials, shipping costs (for supplies, etc.), electricity (heating, lighting, etc.), rent, your time while creating your art ... Factor all your costs and use that as your base pay when it comes to a figuring a wholesale price. You can't have a "retail" price without finding your wholesale price first. From there factor in your travel and marketing expenses (this should include website costs, setting up and breaking down at art fairs, being your own sales person), etc. Tack on an additional 30% or so to make a profit and your are on your way to figuring your prices for your art...
I took a look at pricing at multiple art shows over the past few years.
the one thing I found is that when it comes to price size is subjective, materials matter, framed vs canvas vs only matted matters even more and even then, when looking at matted photos the prices for an 8x10 to 11x14 were as low as in the $30s to as high as the $80s. In the end, the subject tended to determine the price most than anything. Scenes of Ireland or Italy tended to sell for higher than local scenes anyone could take and sell locally. And even though I say that, the same basic product could be priced quite widely.
For my pricing, I'm selling matted 8x10s to 11x14 at $35, 5x7 to 8x10 for $20 and 4x6 to 5x7 as $10. My costs are low and if I sell everything my return on my investment will be substantial.
I have a feeling this year is going to be a year art shows want more reasonably priced art than ever. They don't want to drive people away with pieces no one can afford. Consumer confidence and buying is targeted towards deals. Even one of the the biggest shows with art beyond the price of most people, the Plaza Art Show, likes to say they have lots of art available in the $20 range.
Replies
By the way, where do you live? I live in Barrington.
Another small show coming is: Art in the park. 50.00 dlls to get in, they will provide a tent for an extra 15.00 Great area, haven't done it but nothing to loose! Show is on May 22nd, on a Sunday.
I'm also a mom of 3 so I understand, we have to be creative doing what we love to do.
Link for Barrington show:
http://barringtonculturalartscenter.org/
They are still taking applications, it says it is past the deadline but call and they will accept you, very nice people, I hope you can make it!
I'm in!!! I'll do them, absolutely!!
Check my work:
www.carla-bank.fineartamerica.com
I recommend that site, I've been selling some commissioned stuff by people contacting me bc that site. And It is also a community :)
Thank you!!!
Hi Christina, This is funny, I looked at your FB page last week, browsing, I don't know how then I found Sacred Heart, I found it interesting. I love your paintings, the trucks, the motorcycles, I think they are very original and it's hard to find art that focus in boys, teens, men, I loved it!
Tell me more about Sacred Heart and thanks for your tip. I usually underprice my art because I am afraid people will think I am charging too much.
Beyond the actual cost of materials I always keep track of real time and that is my starting point. What I pay myself may differ from time to time...just because I am also the 'commissioner' of the work and every work stands on it's own merit. Variety in pricing may result from a difference in sizes and finishing. I try to appeal to my 'audience' when I know who they will be. I never make excuses for one work being noticeably more expensive than another because I have my reasons for it being that way...Buyers are, after all, buying a part of me including my evaluation of my own work. I feature several 'Collections' - mostly small work (12 x 16 and smaller) within the $20 to $30. range and they are a larger portion of the display. I work primarily in Watercolor, Mixed Drawing and Acrylic. All are originals and priced anywhere from $20-$45. for unmatted work up to 12 x 16. Mid-range sizes are matted &/or framed: $50. to $200. Larger sizes(16 x 20 - 20 x 24) : from $275 -$500 matted/framed/including work on canvas. These are spotlighted as 'featured' works and fewer are displayed in most shows.
Your costs, your value as an 'employee' and your market come first.
Oddly enough, I would check into trends and what is trending right now. I agree with Kevin on what he says about pricing. To add to it, I would say yes know your costs for materials, shipping costs (for supplies, etc.), electricity (heating, lighting, etc.), rent, your time while creating your art ... Factor all your costs and use that as your base pay when it comes to a figuring a wholesale price. You can't have a "retail" price without finding your wholesale price first. From there factor in your travel and marketing expenses (this should include website costs, setting up and breaking down at art fairs, being your own sales person), etc. Tack on an additional 30% or so to make a profit and your are on your way to figuring your prices for your art...
- Michelle, www.quickcraftartisttipst.blogspot.com
By the Bay Botanicals - www.bythebaybotanicals.com
I took a look at pricing at multiple art shows over the past few years.
the one thing I found is that when it comes to price size is subjective, materials matter, framed vs canvas vs only matted matters even more and even then, when looking at matted photos the prices for an 8x10 to 11x14 were as low as in the $30s to as high as the $80s. In the end, the subject tended to determine the price most than anything. Scenes of Ireland or Italy tended to sell for higher than local scenes anyone could take and sell locally. And even though I say that, the same basic product could be priced quite widely.
For my pricing, I'm selling matted 8x10s to 11x14 at $35, 5x7 to 8x10 for $20 and 4x6 to 5x7 as $10. My costs are low and if I sell everything my return on my investment will be substantial.
I have a feeling this year is going to be a year art shows want more reasonably priced art than ever. They don't want to drive people away with pieces no one can afford. Consumer confidence and buying is targeted towards deals. Even one of the the biggest shows with art beyond the price of most people, the Plaza Art Show, likes to say they have lots of art available in the $20 range.