Getting right to the point, I'm planning to show my work for the first time at an art fair this June. I'm going to be presenting silver gelatin, cyanotypes, and kallitypes. I'm trying to determine a fair price for my work that is both attractive, but also not underselling the effort and time it takes to produce my prints.
$75 for the smaller size and $180 for the larger size.
$45-65 for the smaller prints and $75-95 for the larger prints.
No. No. No. No. Do you no value your time, your effort, your talent? You're doing a disservice to yourself and anyone trying to eke out a living as a photographer.
I'm assuming you think this is too low? Could you elaborate on why or what your expectation would be?
One of the better guides I've seen for pricing art was published by Contemporary Art Issue (CAI). You can find it here:
How To Price Your Art: The Ultimate Guide (+Calculator)
Calculate The Prices of Your Paintings, Sculptures, Works on Paper, Fine Art Photography, Art Prints & More, Following Industry-Approved Guidelines.www.contemporaryartissue.com
It includes a specific section for fine art photography.
Best of luck selling your work at the art fair.
For price I'm thinking $75 for the smaller size and $180 for the larger size. I'm thinking this may be a bit low, but it is an art fair, not a gallery.
One of the better guides I've seen for pricing art was published by Contemporary Art Issue (CAI). You can find it here:
How To Price Your Art: The Ultimate Guide (+Calculator)
Calculate The Prices of Your Paintings, Sculptures, Works on Paper, Fine Art Photography, Art Prints & More, Following Industry-Approved Guidelines.www.contemporaryartissue.com
It includes a specific section for fine art photography.
Best of luck selling your work at the art fair.
I've posted before about this I think, but I'd have to look it up.
Basically, there are a couple of ways to determine the price of something:
1 Cost + margin; you start with the marginal cost of the item, then determine a margin and combined that makes for your asking price.
2 Value-based; figure out what something is worth to someone and determine price on that basis.
3 Market-based; regardless of cost or value, base the price on the going rate of these items.
If you think about it, none of these really apply to art:
1: what's the marginal cost of an artist making something unique? Is it the cost of the paper and ink/metals etc? Do you include education, time spent experimenting? What's the cost of inspiration? So that one doesn't work.
2: Art has no value or infinite value, depending on how you look at it. So that don't work.
3: The going rate of prints is anywhere from zero to a couple if million $. So that's not much help either.
The problem is that if you try to look for a logic in this, there isn't a clear one that works. Something close to #3 is what you see most of the time in the art market; valuation is a function of factors like reputation of the artist, consistency in their body of work, desirability from a collection viewpoint (including anticipated/possible development of value over time) and demand for the style of work/genre (which you've not mentioned). Since a reputation you basically don't have yet and all the rest is pretty uncertain, you're down to basically "whatever you manage to sell it for". Which probably is somewhere in the range you mention, which to me doesn't sound too outlandish.
Coincidentally, my stepmom is an artist (of virtually no fame/reputation) and she regularly sells portraits she does for people. Her price point when she started out is comparable to the lower end of your range and currently is around the upper end, depending on specifics (acrylics vs. oil, size etc.)
Long story short - I guess you're probably in the ballpark.
Good luck with the sale; I think most people in your position generally don't make a sale, especially not on the spot, but they may get some nice responses. I bet you're in this for the fun of it, so I'd emphasize that bit.
Well and good, up until it comes time to make deductions from the sale of the work: gallery commission, curatorial fees, GST/VAT/Sales Tax etc for professional practitioners... all this must be taken from the final sale value and it can amount to quite a (disappointing) hit, but that's the reality. I doubt you'd be getting into this at a fair — the proverbial 'deep end'. but the costs of setting up the stall (gazebo, space, internal outfitting, etc., etc.) need to be considered too. If the budget is only limited, you could actually blow the lot just on setting things up and then going home with nothing to speak of (but hopefully that's not what will happen!).
Having one's very best works independently valued by a qualified art consultant is the first step to determining how much you can ask, considering also one's reputation, skill and experience. I have rarely seen kallityres or cyanotypes (a few carbon prints), a few more photograms (that's how PhD holders spend their idle tilme...). Many people wandering around the manicured marsupial lawns where art or general fair tents are erected would not understand what "silver gelatin", kellitype or cyanotype is... "Strewth love!" Have they walked into a Ladies' Science Circle to accidentally start debate on technology that seemingly has never existed or been heard of (but which you and I know has been around since Jesus wore shorts!).
I would not be putting expectations too high at fairs where ordinary mums and dads might wander around looking more for a bargain than a bank buster. We've done the fairs (or "weekend markets") here in Australia and the costs to set up (permits, trailer and gazebo hire, outfitting etc.) far outstrip a single sale of even decorated photographers' works!
Is this for mounted and matted, or fully-finished (framed, ready-to-hang)?
Those prices, as thumbnail estimates, are very unrealistic. But you cannot go too high either at the risk of alienating yourself. There is a middle ground in there that will honestly reflect the skills, knowledge and execution of the work.
Perhaps write out an "introduction" to the process of printing you have offered up so people have a basic understanding of what they are looking at — what they could well consider buying based on novelty alone. This intro could take the form of a small framed stand-up at the front of the table that details the background of your works.
As I said above, few people outside photography know what a kallitype or cyanotype is...among myriad others. An explanation that pulls people up to get them reading and interested (along with you stringing the conversation along) could well be the keys to opening their purses and wallets.
This always a hard nut to crack. One thing to consider is that you are spending an enormous amount of time producing these prints. These are one of a kind, not machine prints, so there is value there. Some people get it, others don't. If this is a summer art festival the people that come are usually looking to buy something, and they appreciate art. That is a plus. Better than hoping to sell something off of a coffee shop wall.
Perhaps, think about broadening your product offerings. Make some 10 pack greeting cards with you images for the bottom price point, then some open edition machine prints with matting at a slightly higher point and then your smaller "original" prints at the next level and finally large originals at a very high price point. This lets the customer know you value your work, time and experience. Allowing the customer buy what fits their budget and get some of your work they can't live without, but you aren't giving away your top tier work. The customers who want to spend on original works because it is scarce and has value will buy the larger more expensive works.
Considering that you could easily spend $400 usd framing an 11x14 at a retail frame shop I think your prices are a little south of what it should be. Add up your hard costs, paper, mounting, framing etc. then factor in the cost of the show space, gas, travel etc. lastly add what YOUR value is and I think you will find your final price should be higher. It's not easy striking a balance. Hopefully the investment of including lower tier products will allow you to price top tier much higher and you will end up with more total sales in the end.
Those are my thoughts, take them or leave them. Good luck with your endeavor and let us all know what you have learned. I hope you sell them all
D.
Thanks for your input. I'm planning on just matting the prints. I do have one large print in a large frame I'm going to put on an easel as a sort of show piece though.
I forgot about this site! A good resource to reference for sure.
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