How To Price Your Artwork For Sale. Below i am going to share with you some tips on how to price your art so you can land a sale and increase your profit line. The sum of the two derivatives is the price of your artwork.
One is to sell the art they create. At most art exhibitions there is a minimum sale price of £50, and if you sell the piece at that price, after the organisers have taken their 20% commission, you will get just £40. When you first start, as you will not be known for your work, you may need to set a lower price than you would like, but you can easily adjust your prices, once your sales begin.
Work time = 10 hours.
Over time, you will get additional data that could impact your work. While there is no set rule on how to price your artwork, there are two main objectives every selling artist wants to achieve. When determining how to price your art, a good benchmark is to look at what other similar artworks are for sale where you plan to sell. Do your homework by visiting galleries and studios in your area and target market(s) to see the sale prices for similar types of art.