How To Price Your Artwork

Drawing, Painting | 15 Aug, 2017

A short video clip giving a step by step guidance on how to price your artwork

Elinor Olisa Co-Director of DegreeArt.com talks about the four most important factors in pricing your artwork.

1. The Concept
2. Cost and materials
3. Time and execution
4. Market and demand

Once you have worked through your pieces of art following the four steps described, whether they are a collection of work or single pieces, you will be better equipped to be able to price, promote and sell your artwork. This will enable you to replenish the materials you have already used and also sell your work on a more regular basis, with the aim of attracting regular buyers and new contacts in the process.

If after watching the video you have some questions that you would like answering or maybe want to know a little more on this subject visit the website www.DegreeArt.com for further information

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    1. If your material costs aren’t over like….$150 and you feel the need to factor it in to your price, then your price is way too low. The best thing to do is probably to create some quick pieces you can sell for moderate prices and hold on to anything time intensive until you’ve built somewhat of a reputation. Art isn’t cheap, and serious artists do not sell their work at Ebay prices. Confidence is key. Don’t sell yourself short. Some people just love to spend money.

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    2. A painter a large square of pink onto a six-foot-square canvas stained olive-green, then dribbles three other colours across the surface from a stepladder using various devices. It takes him a day to complete it and his gallery affixes a value of 3000 pounds. Another executes a highly detailed scene involving a number of figures, takes him six weeks.. he has no gallery representation but decides 6000 pounds is a fair price. This is not uncommon in the art-world.. What price aesthetics?

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    3. Well, A Realism Artist Has to Show The Ability To Paint While Abstract “Painters” Just Have To Come Up With An Excuse For Their WorkThat’s Were The Intellect Is In Abstract Painting: Make Believe It Means SomethingI Have No respect For Painters Who Can’t Draw Or Paint And Choose Abstract Just To Avoid Their FailureIn The Other Hand There’s Artist Who Started As Figurative And Then Change To AbstractThose ARE Really Artists Of Abstract The Rest : Mediocre Excuses

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    4. Realism takes a lot of skill, but lacks imagination. To me, art is about preserving the freedom and imagination one had as a child, not trading it in public acceptance. A lot of people would make more abstract stuff if they weren’t afraid of not being liked. Why would anyone want to paint reality other than to have someone say “You did a good job on that!”? Realist art is all about being praised, abstract is more about making it for yourself. However, this is purely personal experience.

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    5. BTW, I started off doing realism and found it boring. The only reason I wanted to paint “reality”, is so somebody would say it was good. After a while, I said “fuck that! Art isn’t about being praised, it’s about doing what you want” I just wanted to have fun with art, not slave over a canvas for some simpleton to say they like my apple or dog by tree. lol

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    6. I some what agree.. And its stupid to call it “art” if you can’t even see shit lol.. I admit that i’m not good at realism art, and draw clean grafitti characters instead.. These arent realistic, but atleast you can see what my characters are supposed to be..

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    7. I looked at this video recording since I got truly concerned about the economy and had little idea what direction to go. Moolah does not always mean anything at all nowadays. Thus I made a decision to do some research and came across Goldiverse. I am so fortuitous, I can easily switch my money from cash to various currencies, to any precious metal as soon as I would like. The lawmakers can go and take a jump for all I care. Just Google and bing it Goldiverse.

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