Comments on: The Problem With Lower Price Points For Your Art

By: Kevin Kotara

Thu, 29 Sep 2022 14:31:49 +0000

The problem with not selling art is also storage. I want my art to remain at a higher price also because I want it to be what I think reflects my value. However, if it doesn’t sell, as you create more, it piles up. Now I have a storage unit, which costs money and adds to my bottom line. I’ve tried online sales with no success. “Inventory reduction” sales. At some point one has to lower one’s prices. Or my art is not worth what I think it is.

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By: When Original Works In Art Sell Too Cheap | Wood Art Studio

Thu, 09 Sep 2021 15:49:58 +0000

[…] take long for prices to plummet for many artists. There is an idea which exists that if one makes a low price point to their art then it will […]

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By: Linda Snouffer

Thu, 28 Jan 2021 18:05:15 +0000

I took advantage of the lack of shows in 2020; I realized that if people didn’t see my work, they also could not see my pricing.
So… I increased it across the board.

I must admit that the actual increase of pricing is a pain: all info on my website needs to be update; gallery tag info is updated, etc, etc.

I did connect with collectors about specific pieces they had their eyes on to let them know of impending pricing changes. Yup. That’s what it took to get one to say yes.

My 2021 approach is to increase my artistic skills and get more award. As both of those fall into place, my pricing will go up again.

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By: Alyson Stanfield

Fri, 10 Jul 2020 14:25:26 +0000

In reply to Deborah Chapin.

Deborah: I get it. And I also know that galleries frequently offer discounts behind the scenes (they write it into the contracts). I find myself frequently encouraging clients to raise their prices, but I also believe that a “sale” on older work is reasonable if artists are their own agents. Things are changing, that’s for sure.

Thanks for stopping in and leaving this comment.

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By: Deborah Chapin

Fri, 10 Jul 2020 08:19:45 +0000

I’m concerned with a trend I’m seeing where artists put their art on discount. They’re giving up on their fair pricing. They cannot expect others to believe in them if they don’t. I’ve had people come up trying to buy my work at a knock down price I suppose because they figured I would cave. But I knew I just had to wait until the right collector came along who “gets my art” and they would then buy it at a price I was willing to sell. My concern is just like the luxury marketers found that once they start putting their art on “sale” they risk training people that it will go on sale eventually and so people stop buying it at the real value price. The top of the market is also NOT going to buy something if it is on sale. They might negotiate a buy of several pieces which if it is a good deal for you you can accept. But that’s a mutual decision in a private deal. I’m afraid that the young artists are ruining their markets trying to be Walmart. We’re not selling bread or kitch. Thanks for your article.

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By: Giliane Bader

Sat, 23 Feb 2019 18:21:38 +0000

This is something I have been struggling with recently as I do digital works that are printed at the highest quality with archival pigments on archival paper. I cannot find any information regarding pricing strategies for those. My fine art printer who is also an artist suggested some prices but I need a better system. I am thinking of selling these works in series of 5, probably one large size (32 x 24 although they could be printed at 60 by 45 as I tend to do larger work) and a smaller size. I am also presenting them mounted on dibond and ready to hang. I have sold smaller size and do well with greeting cards – also printed on archival paper. I could also sell the small the prints (not mounted) online.
These works are not reproduction but original prints as other types of fine art print, wood cut, etc. What are your suggestions Alyson?

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By: Lillian

Sat, 16 Jul 2016 13:22:04 +0000

This is perfect. I do hear that people in this area don’t want to buy expensive art. They’re cheap. Yet, I saw a piece here sold for $11,500. I’m with Kitty. I have no idea how to price my work. By the hour? By the square foot? I asked someone in town and she said she priced hers high because she’s well known. Argh. Thanks for all you do.

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By: Kitty Gilbert

Wed, 13 Jul 2016 21:55:57 +0000

I have struggled with pricing from the very beginning. I am self taught, but feel I do quality work. I have asked my fellow artist how they price their work, but I never get a clear answer. Finally someone suggested charging by the inch. I understand how that works, but still confused as to how my I’m worth. Any suggestions would be grateful.

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By: Danielle

Tue, 12 Jul 2016 20:03:24 +0000

Have you found a way to read minds because you surely have read mine!

Not only am I an established fine artist, I’ve had my own line with a very Iconic fashion designer and have been shown in Time Square as well as on National Television through a famous talk show host wearing my art/clothing!

Yet, still I deny myself the allowance of charging a price for my work that a degree in fine art, superior marketing abilities and 20 plus years of honing my skill has allotted! Tsk Tsk Tsk!

I’ve said time and again that the World Wide Web, though a pertinent and resourceful tool, has created a fear amongst established artists to compete with bigger, better. CHEAPER!

Please let me in on your vision that I may find the confidence to charge for my work the price it deserves, if not for style and skill then fir the two decades I’ve invested in making it my own!

Warmly,
Danielle

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By: Colleen Monette

Tue, 12 Jul 2016 19:42:37 +0000

I was just having this conversation about my work. I’ll be selling at a more prestigious show at the end of the month and worry that my prices are too low, but equally worried about raising them. What to do…I value my work, but I am not an established artist.

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