Thursday, September 17, 2015

Get The Price Value Of Art

Most artists don't charge the right price for their artwork. Over and undercharging can both be detrimental to your art career. If you charge too much, buyers and galleries will ignore you. If you don't charge enough, you'll have a hard time making your art career sustainable. Fortunately, determining the price value for two dimensional art just requires a little math.


Instructions


1. Measure the piece of art you wish to sell. Write down the dimensions of the piece. Size can be a big factor in pricing artwork. Most people are willing to pay more for a larger piece, and less for a smaller one, no matter how detailed.


2. Examine the work of other artists. It's best to choose artists of a similar skill level and in the same market. Pricing is different in the fine art world than it is at a local art show. You can look online to find many other artists' work, including their prices. Write down the prices and dimensions of a few pieces similar to yours.


3. Multiply the length of your piece by its width. This produces the perimeter measurement. Do the same equation for your example pieces by other artists. Divide the price of those pieces by their perimeter measurement. The result is the price per square inch. Not all artists will use the same price, but this will give you a good idea of what to charge.


4. Choose a price per square inch you're comfortable with. Multiply it by the perimeter measurement of your piece. This produces your base price. If you know how many hours you spent on the piece, try dividing this price by that number. That will give you your hourly wage. Make sure this is a number you're comfortable with, and you're ready to sell your art.