Artists have to think hard about pricing their work. Sure we all want top dollar but over pricing your work could cost you money. It costs you money because you have to store the piece which adds to your growing inventory. If you are in business and need to resell the piece for more materials, this could be a severe problem.
An artist’s inability to flip their work causes them a lack of funds for future projects. Artists that are wealthy already and/or are doing it for fun as a hobby don’t have to worry about this; but artists that need to eat off their profits need to realize holding onto a piece for maximum value could be costing you money.
You don’t want to sell yourself short either. Obviously if you are a painter your originals are a one of a kind, and those should be priced high. However, price your prints and reproductions accordingly.
I’ve seen gyclees and prints go for nearly $800.00 in some cases, the original was just $500.00 more. People in this economy may not buy a high priced duplicate, even if it’s numbered. If the numbers are limited to a low duplication and its signed you may get away with it, but again that not priced to sell.
Make sure you know what sizes easily fly off the shelf too. Larger prints and duplications cost money. If large sizes don’t sell, then don’t waste your money printing those unless the market calls for it.
You would not believe how many galleries I hear talking about how over priced the work artists bring into the gallery, they just can’t move it for them. Many artists bring top dollar pieces into areas where the economy is tough, and the work just sits there.
Before I go to show any of my work I try to do the following to ensure I am not wasting my time and money:
- Research the area, see if it’s more conservative or liberal interests – this will determine the subject matter I bring into the gallery
- See how the area is economically – I tend to find sizes and prices that fit my market to where I may be able to make a profit.
- I shop my printing sources carefully, I have different places I print at that charge different fees. I choose the best one that I can make money at and price my work perfectly
- I also call the gallery and ask them what sizes tend to sell the best and print to their suggestions.
If you do these things and work to get the best manufacturing price, then you can flip your work and make a profit. I truly believe in the saying “I’d rather sell 30 pieces at a lower price than sell 1 piece at the highest price possible”.
Also if you are a photographer taking pictures of landscapes and such, unless you have a well known reputation and are in high demand, you are taking pictures like everyone else so price accordingly. I saw a photo of a statue here in Tampa printed to an 8×10 glossy photo. The artist wanted $250.00 for it – he even said where it was! Why would I pay that when I now know exactly the angle you shot the photo at and where it is so now I can do it myself for free?
Subject matter should determine how you price the photos. The more complex and time inclusive it is, obviously the more money you ask.

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