We have had many phone calls from artists, especially those who are “newer” on the art festival circuit, regarding how they should price their work. This can be a difficult subject because all art is unique and unlike anything else.
If you are an artist who is new to the art festival world, then pricing your work should be based on:
3. Cost of Materials
First, you should set yourself a sensible hourly wage. Then, you need to consider the cost of materials. This should equal your asking price.
For example, if it takes you 30 hours to make the art at $15 per hour and the materials cost $100 then your price for that one item would be: $550. Keep in mind that you want your final asking price to be in the range of what other artists are charging for work that is similar to yours!
How do you figure out the price of your work? We would love to hear what you have to say!
If you have any questions about this post, please don’t hesitate to contact us at 561-746-6615 or email@example.com.