I chose my prices on my 2d art like this: I visited some of the lower-priced galleries in my area. I found out their pricing structure (friend in the business). They were charging $1 per square inch. I knocked off 25% for my inexperience. Then if I frame it I charge for framing, which mostly I do myself. Yes, a lot of my warm market thinks it's too high. But I comfort myself with two facts: they don't know what a deal they are getting--if they went to any other local gallery, then they would realize what a steal my work is! And there ARE people who will pay that money without thinking: I have had collectors buy 2 of my larger pieces--at over $600 total--without complaint. I have since increased my prices to $.85 psi. I don't feel this is unfair at all.

I draw engines, and mostly work with pencils. Generally I charge more for a colour enginescape than I do for graphite works, for the same size. I also use size as one of my primary pricing metrics. It takes into account how much material one uses, and how long it takes eg. an A3 size colour enginescape would be $200, while and A2 size colour enginescape would be $400. I have found that most customers can appreciate the relationship between price and size. Cheers Guys xoxo

@cmralph...

4 жыл бұрын

Hi Crissy! I'd love to see your work! I'm just starting Scott Robertson's 'How to Draw' coursebook to improve my industrial design drawing. Do you have a website?

I love the new hair Klee!!

Great vid. I start with the hourly rate+overhead+materials and have kept upping pricing till supply meets demand. Had taken a long time to get over people getting uppity about my prices, but love the clients I do work with

Love the topic, as always. My ears really perked up when you gave the breakdown for pricing. I was on the edge of my seat with baited breath. I’ve sold some paintings in the past, but I realize now they were basically “given away for free”. Why? I was ignorant. And, I don’t have full confidence in my pieces....in other words, I feel like I have a long ways to go to make my creations more like I envision. I know art takes on a “life” of it’s own. I’ve seen that with mine, also. But, sometimes I feel like my pieces are “dead” in the water. I’d be interested in an update regarding losing access to one’s own Facebook page. because of an administration delete. I did the same back when!!! I felt kind of foolish. Okay, I’m kidding myself. I felt really foolish.

This was just what I needed to hear as I put together some commission quotes. Thanks so much Rafi and Klee xx

I have usually charged a flat cost based on covering my cost of materials and something that is reasonable for me and the customer. I work in a variety of styles and mediums so I'm trying to price each accordingly while kinda being all over the place yet attempting to find consistency. I feel that I work fairly slowly and I can't say "well this will take me "X" hours to do. It takes however long it takes. I give myself a deadline ahead of what I think needed for commissions but sometimes I have to extend it. I'm tracking my time to get a better handle on that. With that being said - minimum wage in my area is currently at $11.00 an hour on a plan to get to $15. Is my Art worth more than minimum wage Yes, I think it is. Just something to consider. I think the most difficult part might be in realizing my own worth. The more I do that the more I am able to raise my prices comfortably. After all, I have spent my whole life getting to this point in my work and how much is that worth?

KungFu Team:- We have BruceLee. Art Team:- We have RafLee. Best team to follow... :)

I sold my first piece ever back in the spring. Weirdly it was someone who dm’ed me on my Facebook which I stopped doing promo on it after they changed the algorithm a while ago. It gave me sort of a false hope that my pricing was in the sweet spot going into the Columbus arts festival. It wasn’t starving artist pricing and it wasn’t thousands of dollars either. Tanked that show… hard. Barely recouped parking and food. I’m bummed that it wasn’t the buying crowd everyone lead me to believe. I still think my prices are fair on original pieces. Maybe I’ll try that show again but it’ll probably be all prints and maybe some art zines.

I created a spreadsheet and I put in the dimension of my work (ie: 10x14”) and the spreadsheet calculates it now. Cost per inch + frame + materials + commission and the the amount is rounded up Ie: $135=$150 and I try to be in there somewhere. Pricing per inch is different for oils vs watercolours. Commissions are a set price that is a bit more too. What I struggle with is if I should do sales and when.

@chantaldupuis9742

4 жыл бұрын

@@Rafiwashere That is a GREAT idea! Thanks!

I have left pricing suggestions up to friends. I wont say a price, and inevitably someone will say, How much? $1200? You should charge $2200. Do you take payments? I'm usually floored, but I just smile and nod and then use it as a guide.

What a perfect straightforward vlog. I have been in post -touring musician/ selling-painter limbo during these months. This pricing strategy fits my sensibilities. Of course I shall co-opt into my situation. I subscribed.

Yay! Thank you! Now I can go back and review everything! (My old brain jar ain't what it used to be!!) Lol!!

Thank you so very much for this video. My primary medium is pottery, my studio is in a city supported art center. Our primary mission as an art center is teaching, but we also have advanced artists using studio space as our rates are lowest in the area. When we have art shows, it’s a major irritation when I see people put their work out there for undervalued prices. I feel not only are they not seeing their own value as an artist, they are devaluing most of us in that same medium. (However I am comfortable enough in my own quality to charge what I do for what I create)

Very informative. Thank you 😊

This was such an in depth topic you both covered! Since I started my business, I had been scratching my head trying to figure out how to go about pricing. My parents have been self employed all my life so gave me break downs of retail price similar to what you both were discussing. The information regarding the precious stones and metals was mind blowing, Klee! I had no idea that pricing and worth was that extensive! I came across the price per square inch and linear inch formulas and decided on the linear inch. My prices range from $120 to $180 and I estimate the prices for mini paintings that I create. (The prices are fairly comfortable for me to discuss with potential clients but still adds a bit of discomfort that maybe I need to tweak it somehow.)For me it has been a bit of a guessing game mainly since my business is still fairly new.

This is a great topic - one which I totally suck at. When asked "How Much for this piece?" I suddenly become a deer in the headlights and give them the work for free - HAHAHAHAHAH!!

Woohooo great topic

I think artist should charge for insurance and retirement for themselves. Most employers do. Of course average it out for full time artists.

What?! $15-20/hr? I pay myself $5-10/hr (depending on the type of work I'm putting into the piece) and even at that rate, I see ppl wrinkle their noses at my prices and complain they're too high. It's not just an isolated complaint either, I've heard this repeatedly. I just don't get it. Could it be because there's not a huge art presence in my area, so the ppl mostly have Walmart prices to compare with? I've been working on pricing and struggling with it for yrs now. I can sell smaller pieces for $50 or less, but my bigger and more complex pieces just sit. I'm not looking to get rich off my art, I just want to make enough money to buy new supplies and make more art, and I can't even get that. So frustrating.

@insertwittyprofilenamehere

4 жыл бұрын

@@Rafiwashere Thanks for the reassurance, you guys are great 😁

@susantreibs6593

4 жыл бұрын

@@insertwittyprofilenamehere I put some art, mug rugs on Etsy a few years ago and they sat, pulled them off. I did pricing similar to what Rafi was sharing in this video. I have not made any paintings to sell, still in the finding my way stage. I think people are at different places in how much they can pay for a piece, demographics. I suggest to put a price that is a living wage, like 12 dollars per hour or above, 15 or 16 is batter. I think people can save and then buy something if they can and really want it. As artist, we need to live like every one else and so stick to pricing that will cover the costs and pay use well. We do not work for slave wages and no one in the world should either. Stick to your prices that cover your costs. Find a creative way to find the people that will buy your art.

@raggamuffin2013

4 жыл бұрын

Sometimes when we price to low to start it attracts someone that buys for money, if they wrinkle nose then they aren't for you , raise that price and demand clients that respect you and your work a high price shows confidence. X

Matrial cost first, then what is your time worth, then shipping if that applies. That is how I price my work. 🤷‍♀️ in shipping count shipping supplies as well. Not just cost to ship😳

Rafi!!!!! You did cut Klee off there! She may deny it but you did and I want to know what she was going to say about her hoodie.

@paintingtheskykingdom9005

4 жыл бұрын

@@Rafiwashere well that is so great and sweet of you to notice that! sorry if i came across too mean, i guess i just had my voice shut down so much in the past im overly sensitive

I have never felt comfortable pricing my art. I work very slowly with a lot of brain time, when the project is percolating in my head, so an hourly pay rate is a problem for me. It bothers me, too, because when I'm not percolating, I'm putting in a good amount of labor. Short of installing a time clock in my studio so I can literally punch in and out, I don't know how to track my work time. Plus, my overhead and material costs are both pretty low. My studio is in my home. I don't use machinery that needs maintenance and power. I don't need HVAC because I don't use toxic or fume-y materials. And I use a lot of found materials - botanicals that I grow in my own garden, found ephemera, scrap paper. I cook my own pastes and glues for collage. I've got tubes of acrylic paint that are over 6 years old and still more than half full. If I somehow tracked all the hours I put in to a project, and billed for that, the price would be ridiculously high, but if I base pricing on cost to produce, then I feel the work is being grossly underpriced for what the finished product is and looks like. It's not better with commissions, because I routinely underestimate my perfectionism. On a recent project, I ended up putting in way more hours than I planned for in the contract, and since it was my own choice to do that, I couldn't ethically bill for it. So I kind of screwed myself on that. I had to eat that time cost. I generally use a few standard sizes of canvases and papers, so I've started setting a flat price based on size. I'm still not comfortable. It feels arbitrary. Part of me wants to run away from the issue altogether. I'm obsessed with books, and I really want to produce books of art, and book pricing is already standardized. Argh.

I don't exactly do this for the money and to make a living like everyone else. I am lucky enough that my husband makes enough to support us. I just love creating art and I sell it just for a bit of pocket money. That being said I charge 50 cents per square inch. I often look on etsy at the paintings that are comparable to my level of skill and what I think is reasonable and charge about what they are charging. When I first started selling I was selling for way too cheap and selling a lot, then i was feeling pressure from other artists that I was under charging so I jacked it up to $1.00 psi and sold absolutely nothing. The way I feel is, do I want to charge a reasonable amount and have my paintings on other people's walls or do I want to charge a lot and have my walls filled with my own art. I would rather them being seen out in the world making someone else happy.

@brendak1336

4 жыл бұрын

That’s my position too! Plus my overhead is way low because of where we live.

I struggle with this topic. I am only selling at this point in a very small town in a local coffee shop. I am pricing between .50 to .60 cents per square inch depending on mediums I am using. I have only sold a small water color for $10.00. Other artist in the area are charging less then me. My 8x10s sell for $45.00 and they are selling theirs for $30.00. They are doing other things so art is more of a side thing and they don't worry about getting much back out of their work. Just not sure how to price my work fairly and still have people interested in it.

@CricketsBay

4 жыл бұрын

Artists like the ones in your area who purposely under-price their work do both themselves and all other artists a disservice.

I was asked to do a family portrait. The patriarch was, “not with us”. Two females 1 male and the father. He gave Separate pictures, in dramatically different poses. I told him at least I need the subject’s looking in the same direction, one of the females sent me a text “look and see if you could make me look more attractive”. I responded with No offense but I do paintings not miracles. If you don’t like how you look, I don’t know what to tell you. Maybe go to a CGI expert and see if he’ll do what you want because I paint what I see I can’t do what you’re asking I’m sorry Then gave them a list of other artists

Thank you so much. I found that pricing by the inch seemed foolish because of all the elements you just discussed

@Jules_Pew

4 жыл бұрын

You can adjust it. I do for more complicated pieces, but it's a good starting point and something the customer can understand.

I have no idea how to begin to sell my work during this Covid pandemic. I paint large 38 x 38 canvases. Or 48 x 48. I work in acrylics and in many layers. Paint and canvas are so expensive and by the time I get finished there is so much paint and many hours of work. I’m new to selling. I feel if I undercharge, then I’m devaluing myself by not really making anything for all the cost of supplies. Layering is the process in which I use to allow the work to become what it wants to be. It’s hard to charge a small price because I’m new to selling. Is it wise to still sell for less just to get my work sold? Even if I make next to or basically nothing? I have a hard time in simply selling myself as well but I feel painting is my calling, what I was born for.

@CricketsBay

4 жыл бұрын

No, don't undersell your art. It's your job (anybody who disagrees is a jerk and doesn't know or care how much materials cost and how much time goes into it) and you deserve to make a living wage or higher. If you have access to local galleries, go there and find out how much they sell artwork for. If yours is more complicated, charge more. Decide what your market is and price higher than you think the market will support above $25/hr and supplies/overhead. If you get your work in a gallery, charge 3 times that.

For me I had a difficult time pricing my art I opted for 1.75$ per square inch if they want a basic frame that I buy in bulk I include it in the price but if they want specific framing I charge extra, it seems that no matter what you charge you have some people that are happy to pay what you want and others that are not and complain about pricing... I even had people ask me for pieces I made in previous years asking if I could give her a "deal" because it was an old piece and I was not able to sell it... My answer...Nope!!

Yes, but what about the fact that you get faster and faster as you get more experienced? Hourly wouldn’t be fair to yourself.

@lisaowen6103

4 жыл бұрын

I think that even if creation takes less time to do. A client or collector is paying for the skill level of a creator . Don't sell yourself short. The more expirence you have shouldn't make the artworks value less

Great video!!! But what about pricing for a newbie???? How can a newbie promote themselves when there are few festivals to show our work??? Thank you!!!!

So, I heard someone say that if you sell art on your website for lets say $100 but the gallery charges double making it $200. That is bad business to have the different prices for the same art. it is undercutting the gallery since it would drives customers away from the gallery and to the website. Galleries have overhead and advertise for shows. The artist and gallery should be partners with an agreement not competitors. I think I might be a little confused. Should the artist calculate per hour cost + materials +overhead and then double that price so that the art on the website and at the gallery are the same or is it okay to have the two prices?

EXCELLENT VIDEO!!! Just out of curiosity, did you guys go to jemology (🤷‍♀️) school? I think to sell that stuff at those jewelry stores, you have to learn your rocks/stones before they let you try and sell their stuff. 🤔 What do you know about this? Is this true? Still Loving your hair Klee, so much!!! When I was a little girl, my mom always had me get "pixie" hair cuts (lots like yours). I hated it. Felt like, and made me look like a boy, and other kids were always asking.... "Are you a boy or a girl?!" But Klee, this cut looks SO GREAT ON YOU!!! Excellent with your soft facial features, youthfulness, and color of your hair. So perfect!😃👍. ♥️👈 it. Chow. 🙋‍♀️

I'm surprised you guys aren't on Twitch.

There's a documentary about the diamond industry scamboogery.

My cousin’s fiancé works at Facebook Edit if I’m doing a commission I charge cost of materials plus $8 / hour... the cost of materials is non refundable and don’t usually have overhead cost so no worries there... Edit 2 I’m thinking of upping my hourly wage... any suggestions on what would be fair?

Locally, my art does not attract the demographic that will pay enough to cover all the costs and time. What should sell for 60 ends up selling for 25. It's awful. Staying online and trying to figure it out from now on. Finding the right audience is so freaking complicated. 😢

@CricketsBay

4 жыл бұрын

Can you expand your market? Are there galleries within 100 miles of you which have juried shows and accept online submissions? If you can get into a show in a nearby county, shipping isn't terrible and you might be able to drive to the show and network too. If you rank high and win a prize, you can add that to your bio and charge more for your work.

👍🌞💐💐💐🤩

"You're not even wearing yours, so why are you even talking about it? Fail, fail". Hilarious moment.

I find that 90% of my customers don't care about the details like cost of materials or time spent creating... They love binary impulse buys, love it or hate it and how much...

@Rafiwashere

Жыл бұрын

That is so true!

Holy fudgebuckets...Crikey waiting for FB to help you....ouch

Back in the days of the wrestling territories the booker would get the money throw it against the ceiling and whatever stuck the boys got that is what Jim Cornette said

As a somewhat new artist (I have been painting for about 2 and a half years) I sell my artwork at a price per sq inch. Usually .25-.50 per sq inch depending on difficulty of the piece. I force myself to not apologize for my price. I have struggled with not feeling worthy enough for what I ask because I have heard that my work is too expensive. That happens when you are selling at fall festivals in rural areas.... I rarely ever sell big stuff at fall/spring festivals but I do get commissions from them so it is worth it. I just figure that difference in price and quality is why we people shop at high end stores and some people shop at dollar tree. Either way is fine if both the seller and they buyer are happy.

I think the name for multi million dollar art pieces is Money Laundering.