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Making a Living as an Artist
Many of you may have noticed a change in my prices from 2008 to 2009. This issue, pricing, seems to be one of the most difficult ones for artists to wrap their minds around.
Being no exception I have struggled with this topic myself.
In 2008, the year I decided I was going to start marketing and selling my artwork, I priced my collectible small art fairly low and sure enough I sold it faster than I
could make it. It was absolutely awesome.
Problem was I was wearing myself out packaging and shipping artwork every day. When I began to do the calculations for all of the time spent
making, marketing and then shipping the artwork it was clear I wasn't even making minimum wage.
Fortunately the construction on my new studio started in earnest and I had to take a break from producing. This gave me time to question if my
art business was truly a sustainable business model. I decided it was not.
What you see now as my prices are the result of much reflection on pricing, sustainability and my desire to sell my art to everyone that would like to own my original artwork.
I wrote a long blog post that has received a lot of attention on this topic and you can read it here: Pricing Revisited.
I cover a lot of topics in that post such as valuing ones artwork, the need to build gallery commissions into the price of the artwork, the need for consistency in pricing, why
the art is only 50% of the cost of a piece of artwork (marketing is hard work!), etc.
I also spell out in detail my pricing structures for 2009. I believe in transparency and think the relationship between artist and collector (and galleries) doesn't need
to be obscured, so my reasoning and calculations are there for anyone to see.
I have no doubts about the value and quality of my work in terms of my prices and my ability to make a living as an artists with these prices. I am sure the art is worth my prices and
I'm sure that within a few years time and some concentrated effort on marketing I will be able to make a living from my creative efforts.
My only doubts in the situation are around the affordability of my art for some of my fans. I save up over several months to purchase most of the art in my collection as my personal
budget for buying art is not yet huge.
I'd like to
make an offer to my collectors to do the same.
If there is a piece of art you'd like to buy please
email me
and we can work out an installment payment plan. This way you can
be sure to reserve the artwork your heart desires and pay for it over a period of time that suits your budget.
If you have any questions please don't hesitate to ask.
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