When I do commissioned works I usually set the price over the factors time spent, size, how close the customer is to me, can I use the stencils again. This results in a price range between 50 and 200€ per piece. I am looking for something more objective to set a price. Like art galleries apparently have formulas like "width x height x artist factor", with my artist factor likely being <1.
Does anyone have an idea?
Research what the market will bear.
You always begin at the end. How much will the customer pay? Your costs are irrelevant at the pricing stage (simplified of course, if the customer knows much about your costs he will factor what he knows into what he will want to pay without feeling ripped off).
20$ a gallon.
Hrm. How much will the customer pay, that's the question.
Go to a gallery and see how much comparable work by unknown artists is going for.
Unknown? :mad:
Quote from: The Brain on January 31, 2012, 11:20:05 AM
Unknown? :mad:
Good prompt: you can work on my "unknown" and like my facebook page.
Serious question: have you thought about a publicity stunt? What's your marketing plan?
Quote from: The Brain on January 31, 2012, 11:20:05 AM
Unknown? :mad:
How many living visual artists can you name? :hmm:
Quote from: The Brain on January 31, 2012, 11:27:25 AM
Serious question: have you thought about a publicity stunt? What's your marketing plan?
I don't have one. It's more of a hobby thing that's developing well. I only started making these paintings about 2.5 years ago. Gave paintings away as birthday presents and such. After not even a year the first people asked if I could paint something for them. So from time to time I do commissions. Last year I had the chance to show 3 pieces publicly in a cafe/gallery in my hometown during the exhibition of a local street art guy. 2 of them sold (for 40 and 100€). For the 3rd piece I set a price that made clear I want to keep it. I had a bunch of stickers with my URL printed for that occasion. That's the only "marketing" I did so far. In August I will have a 4 week exhibition in said café.
As for publicity stunts I could possibly paint something in public. A bigger piece on someone else's wall.
Quote from: syk on January 31, 2012, 11:39:23 AM
Quote from: The Brain on January 31, 2012, 11:27:25 AM
Serious question: have you thought about a publicity stunt? What's your marketing plan?
I don't have one. It's more of a hobby thing that's developing well. I only started making these paintings about 2.5 years ago. Gave paintings away as birthday presents and such. After not even a year the first people asked if I could paint something for them. So from time to time I do commissions. Last year I had the chance to show 3 pieces publicly in a cafe/gallery in my hometown during the exhibition of a local street art guy. 2 of them sold (for 40 and 100€). For the 3rd piece I set a price that made clear I want to keep it. I had a bunch of stickers with my URL printed for that occasion. That's the only "marketing" I did so far. In August I will have a 4 week exhibition in said café.
As for publicity stunts I could possibly paint something in public. A bigger piece on someone else's wall.
Cool.
I want to see.
Well you should have gone before you left the house.
Quote from: MadImmortalMan on January 31, 2012, 11:53:24 AM
I want to see.
It sounds like decadent Weimar Jewish art. :secret:
I have a friend who also paints in a similar style to yours, also as a side show (she's a journalist). IMO she prizes them way too high, but even that way she manages to sell some from time to time.
For instance, she has this one currently on sale for 1.200 €. It's a 100x120 canvas:
(https://languish.org/forums/proxy.php?request=http%3A%2F%2Fimages.artelista.com%2Fartelista%2Fobras%2Fbig%2F0%2F4%2F9%2F3036032073719263.jpg&hash=214a1c6c896dda37c74850401368c9e2b72b6f06)
Most of her other works are listed around the 700-800 € range.
Pricing is pretty fascinating and hard. I've been told that people tend to charge way less than they should.
A steaming turd being sold for $1 would be completely ignored by me. A steaming turd being sold for $1,000... well I gotta check that turd out. AIDA.
Okay, thank you Larch.
(https://languish.org/forums/proxy.php?request=http%3A%2F%2Ffc08.deviantart.net%2Ffs70%2Fi%2F2011%2F272%2F6%2Ff%2Flueneburg_by_night_by_sykonurse-d4b9xes.jpg&hash=60da3af480b4b0edde47e645f1db97e1850565a0)
And here I was thinking I'd stretch it too much when I go above 250€ for this. It is 1m x 50cm. I really need a stable pricing system. Latest point is that exhibition in summer.
Ultimately it's all subjective. A painting is worth whatever the customers are willing to pay for it. If you have access to loaded customers, you can force your hand, if you're getting comissions from friends you tend to go easier on the price, I guess.
I bought a painting a few years ago from another friend, much smaller and traditional, so to speak, which I have in my living room. Something like this, he's big on maritime landscapes:
(https://fbcdn-sphotos-a.akamaihd.net/hphotos-ak-ash4/312901_212966412093420_100001401870812_572058_2183059_n.jpg)
It went for something like 200€, IIRC. It's maybe a 60x60 cm canvas.
His perspective is fucked.
It's a tricky question, given there's no element of public subsidy involved and Syk hasn't associated any bullshit with his work.
Maybe ask a Stuckist ?
Hey Sky, one of my partners buys a lot of art. Its a bit like his second career and he has done quite well as a lot of of what he has bought over the years has appreciated a fair amount. His secret seems to be getting to know local gallery owners very well so that they give him the inside talk on what people will be hot or not.
The flip side of that would seem to be that you need to get the attention of gallery owners somehow so that they in turn talk you up. However, I really have no idea how that end works. So basically you have read this, I have offered nothing all that useful and you won't get that 10 seconds of your life back.
But I do like your work. Keep it up.
Quote from: The Larch on January 31, 2012, 02:21:55 PM
I have a friend who also paints in a similar style to yours, also as a side show (she's a journalist). IMO she prizes them way too high, but even that way she manages to sell some from time to time.
For instance, she has this one currently on sale for 1.200 €. It's a 100x120 canvas:
(https://languish.org/forums/proxy.php?request=http%3A%2F%2Fimages.artelista.com%2Fartelista%2Fobras%2Fbig%2F0%2F4%2F9%2F3036032073719263.jpg&hash=214a1c6c896dda37c74850401368c9e2b72b6f06)
Most of her other works are listed around the 700-800 € range.
That goes for 1200 eruos? That's like 10 bucks. New career, here I come.
Batsignal painting is awesome!
Materials matter also. Oils > everything else.
Quote from: Ideologue on February 01, 2012, 10:48:47 PM
That goes for 1200 eruos? That's like 10 bucks. New career, here I come.
Try selling something.
A friend in a similar position as you used ebay to figure out how to price his stuff.
I think The Brain is right, charge $100 for a painting and they think they are doing an amateur a favour, charge $1000 and they think they have got a bargain :cool:
They are strange, the humans.
Got to be worth giving it a go.
Lots of helpful replies, thanks everyone!
That cat painting really changes things a bit. It looks like it would have taken me an hour to make that and apparently will be sold for mad cash. :hmm:
Pricing high possibly needs a certain market, one I haven't got (yet). I will check out the local galleries and see how they react. I thought about ebay before, maybe I'll try that with a copy of the caffeine painting. I still have 4 spare of those.
Quote from: syk on February 02, 2012, 04:00:21 AMThat cat painting really changes things a bit. It looks like it would have taken me an hour to make that and apparently will be sold for mad cash. :hmm:
She'll get mad cash when/if she gets to sell it. She's had it up for sale at her site for a looooooooong time. She also has a bit of name recognition at this point, having had a number of expositions and having been mentioned a few times in the papers. She's also an art insider, having worked as PR for an art foundation a while ago, so I guess that she has the contacts necessary to pull that off.
Quote from: Richard Hakluyt on February 02, 2012, 02:28:53 AM
I think The Brain is right, charge $100 for a painting and they think they are doing an amateur a favour, charge $1000 and they think they have got a bargain :cool:
They are strange, the humans.
Got to be worth giving it a go.
Lololol. God, Veblen goods suck.