Help...REAL WORLD print pricing.

[SteveH]

All,
I was approached today by a coordinator for a local volunteer organization. He inquired about purchasing 8-10 of my prints (in 5x7, 8x10, or 11x14), to give as gifts to the volunteers at an annual diner. As I have never sold a print in my life, I do not know what fair asking price would be. I emailed him back to ask about matting what whatnot, but I did not give him an answer yet for prices.
While looking through the APUG gallery, most 8x10 prints seemed to go for $125. I think a volunteer group would drop dead at a $1250 photography bill.
I did explain, in my email, the process involved with making a print - just so that the individual didn't think I would be charging for something coming out of a printer at my computer desk.

Thoughts ?

 

[JBrunner]

Boy, print pricing is always a hot topic, and highly variable. The one thing I would note here is that a charity is involved, so it is probably up to you as to how much you wish to "donate" or not. Figure your costs and time, and consider from there. If he did say purchase, he may have a budget in mind. There is nothing wrong with asking what the budget is. Once his number is on the table (you will probably scare each other) you can qualify the size and number of prints from there. Something like "Well, there's no way I can do 10 prints in 11X14 for that but I could print 5x7 for that or for x amount more I could give you 8x10's"

 

[roteague]

I can only give you a ballpark starting figure, nothing more. My basic price for prints, framed or otherwise is 225% of cost.

 

[Robert Hall]

If it's a volunteer organization, I would consider either donating them, being sure to have your contact info with them, or sell them at cost and let him know as such. Then you can quote him the typical price, letting him know how much you feel his organization does for the community.

This way you get your name out there, give something to the community, and have a nice tagline for your CV.

I donate several works per year to organizations that I feel make the community a better place.

Only suggestions.

 

[roteague]

If it's a volunteer organization, I would consider either donating them, being sure to have your contact info with them, or sell them at cost and let him know as such. Then you can quote him the typical price, letting him know how much you feel his organization does for the community.

This way you get your name out there, give something to the community, and have a nice tagline for your CV.

I donate several works per year to organizations that I feel make the community a better place.

Only suggestions.

Good idea; I've made image donations part of my business practices. A great way of giving back to the community.

 

[JBrunner]

If you donate, be sure to get the proper documentation for a tax credit, if you can apply one.

 

[Kerik]

Typically, an artist can only claim the cost of materials as a tax deduction for donated work.

 

[SteveH]

All,
Thanks for all of your help. I am going to sleep on your suggestions and see what comes to me in the morning.

 

[david b]

I have two shows coming up.

The first will be a show where I donate all the sales to a charity in New Orleans. The prices will be about $250-$300 including matting.

The second will be a show where all the funds go to me and the prices will be around $400-$500.

Thats how I am doing it.

 

[SteveH]

Ok, I came up with a formula.

For better or worse, here it is:
I looked around the net, and came with a mean 8x10 price. This was in the neighborhood of $125 matted. (which, BTW, apug-gallery.com seems to fit into well !). I then looked at my total costs for the project (paper, chems, etc). I did NOT include costs of the negative process, as these images were taken on my 'own' time. I then was left with two numbers. I took the average of the two, and came up with a ratio. I then applied this to all of the sizes the customer asked for. Basically, this came out to be 60% of most mean prices.
Granted, this comes out to be substancially less than most here would sell a print for. However, I feel that this organization provides the comunity with a great service, and I feel comfortable with the prices I setforth. Had this been a comercial group, I would have charged the mean prices, or perhaps more.

 

[wfe]

Steve,
Have you considered a hybrid concept whereby you get the tax credit for the full value of $125 and charge them your cost as you have suggested? Then again a flat out donation is not a bad thing either. I have donated prints to a few charities. It is good PR and can help to get your name out.

 

[SteveH]

Bill,
I am not really considering any tax credits. In my current situation, I don't have any write-offs, save for student loan interest. So for the most part, the standard deduction is my best bet.

Thanks for the help,

 

[SteveH]

All,
The group called me back. It looks as if the print sale is a 'go', they also wish for me to take some other publication-type of photos for them as well.

Thanks for all of your help,
Steve