Question for you all, what do you typically charge for your work? Almost all my paintings are done on 18x24 sized canvas and currently I'm in the $150-$200 range for something like that. Too high, too cheap? Let me know your thoughts. My two cents is I think $150 is more than a fair price for one of my paintings.
Making a Happy Little Buck
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Mgiese84 Well as most things in life it depends. It depends on what the customer is willing to give you. I have paintings where I work up to 30 hours for a single one, I wouldn't offer such for that price.
For Bob Ross type paintings I would say the price is fine and it is almost exactly what I would like to have for such a picture.
This is my opnion.
Mgiese84 I think you better start at research if similar products on Etsy, other sales websites. Put your paintings quality on assessment and comparison with others. You will get idea what is being charged for the similar type/quality. Next remove 50 USD and see how fast it sells. If too fast increase back. If still too fast increase again. If stops selling you got your ceiling. 150 I think is a good start. I believe you can go up to 250 easily.
I was going to make a new thread about this but then I saw this one. It finally happened that I sold a few paintings in the past 2 months. With 100 paintings under my belt and a baby on the way, I needed to make some room, so I put up a few online via classified ads. I had a lady come to my place and purchased 2 for 100$ a piece. Recently, I sold 3 to family members for 100$, so approximately 33$ a piece. I've also had a few other inquiries and, recently, someone sought me out and asked if she could commission me to paint something. I had to politely decline as I really don't have the time (nor the interest, to be perfectly honest), to be commissioned to paint at this point in time. I also don't really consider myself a "painter" so I would feel odd accepting a commission. Being an avid musician and understanding how competitive the art world is, I'd much rather this individual commission someone that has pursued art as their profession and relies on this type of work to remain financial afloat.
I was just wondering if anyone else here has sold paintings and what we all believe to be a fair price? Technically speaking, the paintings I just sold for 33$ a pop barely covers the base materials. They were family so I didn't mind, but I think 100$ a painting for 3 hours of work is a decent price. I am curious to hear other people's opinions!
@lightsnow Mazel tov on the forthcoming addition. Seems like $75 or maybe $50 at the low end, up to $250. Even Dana Jester sells pieces as low as $200 from what I've seen. So you'll never get rich at it, that for sure. (If you want to strike it rich, find an ailing guy to swindle out of his name and art supply business.)
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Here are the prices I sell my paintings at, I will increase if there's more work involved (added details) or offer a discount if someone buys more than one.
9x12: 60$
12x16: 100$
18x24: 200-250$
Mind you, this is Canadian dollars, so about 25% less in USD
Ian_Adkins you got that right Ian and itβs a crying shame.
ShadowscarsDragon I'm right where you are with your pricing. In US I've been at the $150-$200 for my 18x24's. For that size I think $150 is more than fair. Especially for the quality they are getting.
Seems I'm undercutting myself (lol). Thanks for the feedback. I'll keep this in mind!