Pricing your art

Richard Monro · 04-09-2006, 12:22 PM

Cynthia and Michele,
There are always work arounds. If such a section could not be technically set up within the forum, a separate domain site could be set up with it's own members only login. There could be a redirect button on the forum titled "Members Only Pricing Section" that would take one to the pricing section. Also in the pricing section there could be a redirect button to take you back to the forum.

Make the pricing section available only to paid up, subscribing professional members. The fee should be high enough to cover the additional costs plus a profit to make it worth Cynthia's effort.

Mary,
Pricing is everything. Choosing the right price point can mean the difference between success and failure. Too low a price and the public perceives the painting is of little value. Too high a price and the public believes the artists is not serious. The public as a mass is not stupid. Tests show that in large numbers the public is more accurate in "guessing" important factors such as price or outcome than experienced experts.

Geography seems to have little or no impact on the art prices that I have researched in the United States. Overseas may be a different matter.

Mischa Milosevic · 04-09-2006, 04:25 PM

This is something that is of interest to all here. Richard thank you for bringing this up. Your help is grately apreciated.

I am still nut sure how to apply this here in Germany. Pricing my work per square inch/cm? I'm not sure if I understand? Head and shoulders 40x50cm compared to a 50x60cm. Being that I am new to the area and starting out with my first exhibition pricing in the ball park i must figure out like quick. I plan to start 000 but not sure where. I have tried to compare prices with local artists that are on line but have not had much success. Any advice would be certainly appreciated.

Enzie, I could use your help and that is if you could mail me a copy of that article you spoke about. Thank You!

Thank you all, Richard! This came at the right time.

mischa

Richard Monro · 04-09-2006, 04:48 PM

Mischa,
Let me make it a little easier. The median price for all art in my research is $12.15US per square inch. If I have done all of my conversions correctly this translates to 1.56EUR per square centimeter. i have only seen one piece of your art (your web site is down) but your skills shown in that one piece indicate that your price point should be around that median.

Enzie Shahmiri · 04-09-2006, 05:55 PM

Misha,

Claudemir found the article here: http://www.portraitartist.com/media.htm

Mischa Milosevic · 04-09-2006, 06:27 PM

Thank you Enzie! I'm going to the page now and have a look. I've had so much work to do lately, prep work for my first exhibit here. Lots of problems, website down, attempting to finish paintings in time, putting together fliers, cards etc. etc. Solving the price issue is a major concern at this point. I must not be timid and than again I must tread carefully. If get my drift.

So, everyones help is much appreciated. Thank you!

Sincere regards,
mischa

Richard Monro · 04-09-2006, 06:53 PM

Mischa,
i have not done any research on drawing prices so cannot give you any advice on how to price them. Your charcoal of the woman is exquisite and should be on the upper end of prices for this type of work. Sorry I couldn't be more helpful/

Mischa Milosevic · 04-09-2006, 07:14 PM

Richard, thank you. I appreciate your honesty. The oil I posted of the man in hat is just a color study not nearly finished. Actually its in the first stages of small form modeling. I soon hope to post a recent finished portrait in the unveiling's.

Any other thoughts that come to mind in regard to pricing, for my neck of the woods, appreciate you and anyone else to let me know.

Sincere regards,
mischa