However, I know 2 artists who’re in that range and their gross sales just fell off to nothing last yr when the economy tanked. The artists who sell within the $500 to $3000 vary whom I know continued to sell, not as nicely, but still sold work. Another artist good friend was promoting her oil paintings regionally at $seven-hundred (prime value).
This post is part of the collection: Literary Movements
Let’s take a non-artwork example of how market forces dictate costs. Suppose you see a 2001 used Toyota Corolla with 180,000 miles on it marketed for sale and priced at $forty five,000. The proprietor might be not going to sell that car.
Once one is working with a gallery, the gallery worth and studio worth needs to stay the same… Otherwise the artist undercuts the gallery, and the gallery will drop the artist. Perhaps she’d do nicely to go surfing and see what other artists who paint I an analogous fashion and are in an analogous career section worth at. For artists which are just starting to sell work, keep the worth as low as potential whereas still making a revenue.
If a chunk of your artwork sells for substantially more at a charity auction than it would out of your studio, this is not essentially an excellent cause to boost your whole costs (read extra about when to boost your promoting prices below). Inconsistent pricing on the low facet can work in opposition to you as well. Experienced consumers … Read More