Comments on: How to Price your Artwork http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/ Marc Moss is a local artist in Missoula Montana. Thu, 15 Dec 2011 18:56:43 +0000 hourly 1 http://wordpress.org/?v=3.3 By: What is your Market Value? Strategies for Pricing Your Art | The Practical Art World http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/comment-page-1/#comment-6750 What is your Market Value? Strategies for Pricing Your Art | The Practical Art World Sat, 10 Sep 2011 22:13:03 +0000 http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/#comment-6750 [...] How to Price Your Artwork by Marc Moss *note: any “formula” like this which takes into consideration the materials cost and time spent is usually the lowest your art should sell for if you are a student or brand new artist with no exhibitions and no sales history. With each and every exhibition or successful sales year, your value should increase. [...] [...] How to Price Your Artwork by Marc Moss *note: any “formula” like this which takes into consideration the materials cost and time spent is usually the lowest your art should sell for if you are a student or brand new artist with no exhibitions and no sales history. With each and every exhibition or successful sales year, your value should increase. [...]

]]> By: Christa http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/comment-page-1/#comment-6005 Christa Mon, 02 May 2011 21:22:46 +0000 http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/#comment-6005 Interesting thoughts although I would add that some artists take lots of time to finish a piece and others take very little - charging for your time makes no sense here. Pricing is part market tolerance and part perception that they are getting a great work of art - who cares how long it took to make? Interesting thoughts although I would add that some artists take lots of time to finish a piece and others take very little – charging for your time makes no sense here. Pricing is part market tolerance and part perception that they are getting a great work of art – who cares how long it took to make?

]]> By: Marc http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/comment-page-1/#comment-5423 Marc Fri, 15 Jan 2010 01:12:27 +0000 http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/#comment-5423 @Discount Oil Paintings yeah, especially in this economy! @Discount Oil Paintings

yeah, especially in this economy!

]]> By: Discount Oil Paintings http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/comment-page-1/#comment-5422 Discount Oil Paintings Fri, 15 Jan 2010 01:09:42 +0000 http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/#comment-5422 Well, Pricing one’s artwork is a delicate business. Well, Pricing one’s artwork is a delicate business.

]]> By: Liam http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/comment-page-1/#comment-5353 Liam Tue, 18 Aug 2009 06:22:01 +0000 http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/#comment-5353 Artist are getting paid 45 USD to 450 USD per hour depending on experience , tallent plus percieved market value. And do not forget the Taxes! Artist are getting paid 45 USD to 450 USD per hour depending on experience , tallent plus percieved market value. And do not forget the Taxes!

]]> By: Aaron Schultz http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/comment-page-1/#comment-5330 Aaron Schultz Tue, 14 Jul 2009 04:33:41 +0000 http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/#comment-5330 I usually charge time and materials plus 20%. It's the most fair for artist and client. What most clients don't take into account is all the overhead - i.e. marketing, bookkeeping, advertising, transportation, time to estimate the project, office materials, training and equipment... Pretty much everything it takes to run a successful business. I usually charge time and materials plus 20%. It’s the most fair for artist and client.

What most clients don’t take into account is all the overhead – i.e. marketing, bookkeeping, advertising, transportation, time to estimate the project, office materials, training and equipment… Pretty much everything it takes to run a successful business.

]]> By: Marc Makes Art » Blog Archive » Free! Art in the Alley - June 1st Friday http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/comment-page-1/#comment-5291 Marc Makes Art » Blog Archive » Free! Art in the Alley - June 1st Friday Mon, 08 Jun 2009 22:00:57 +0000 http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/#comment-5291 [...] written before about how to price artwork, but I wanted to bypass all of it and get straight to the good stuff: bringing people joy and [...] [...] written before about how to price artwork, but I wanted to bypass all of it and get straight to the good stuff: bringing people joy and [...]

]]> By: Marc Moss http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/comment-page-1/#comment-5211 Marc Moss Thu, 22 Jan 2009 04:06:30 +0000 http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/#comment-5211 Good advice Chae. Definitely worth incorporating into the repertoire. Good advice Chae. Definitely worth incorporating into the repertoire.

]]> By: Chaeli Sullivan http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/comment-page-1/#comment-5194 Chaeli Sullivan Sun, 28 Dec 2008 18:41:39 +0000 http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/#comment-5194 Marc Pricing art is always a major stumbling block. Your first model of time+materials+20% is the "standard" practice. HOWEVER What i have discovered - especially if the artist is doing a customized piece for a specific customer is: Get agreement up front. And a deposit. On the agreement part, one might say: "the piece you are interested in sold for $300. Are you ok with paying that amount?" If the answer is yes, then don't be afraid to ask for a deposit -- namely for the cost of the materials which you will have to buy. I think many artists are afraid to ask for money! And thus, they underprice their work. It's basically about communication and the "value" you apply to your work. I've found that an "aw-shucks" attitude and formula-based pricing are not as effective as saying: "I have some pretty awesome customers and here's what they are currently paying for my work. Aren't they great? Now how much are you willing to spend for this piece?" Human nature being what it is, they always live up to my expectations and more often than not reply with a price that is higher than my expectations! Just some thoughts on the subject that i hope help . . . . Hugs Chae Marc
Pricing art is always a major stumbling block. Your first model of time+materials+20% is the “standard” practice.
HOWEVER
What i have discovered – especially if the artist is doing a customized piece for a specific customer is:
Get agreement up front. And a deposit.
On the agreement part, one might say: “the piece you are interested in sold for $300. Are you ok with paying that amount?”
If the answer is yes, then don’t be afraid to ask for a deposit — namely for the cost of the materials which you will have to buy.
I think many artists are afraid to ask for money! And thus, they underprice their work.
It’s basically about communication and the “value” you apply to your work.
I’ve found that an “aw-shucks” attitude and formula-based pricing are not as effective as saying: “I have some pretty awesome customers and here’s what they are currently paying for my work. Aren’t they great? Now how much are you willing to spend for this piece?”
Human nature being what it is, they always live up to my expectations and more often than not reply with a price that is higher than my expectations!
Just some thoughts on the subject that i hope help . . . .
Hugs
Chae

]]> By: Layola High School Students Interview Marc Moss | Marc Makes Art http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/comment-page-1/#comment-5041 Layola High School Students Interview Marc Moss | Marc Makes Art Thu, 15 May 2008 15:02:11 +0000 http://www.marcmoss.net/2007/03/05/how-to-price-your-artwork/#comment-5041 [...]   T&C:   How did you determine a price for your artwork?   Marc:  I’ve written about this before. [...] [...]   T&C:   How did you determine a price for your artwork?   Marc:  I’ve written about this before. [...]

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