Here's a good video on the subject of pricing artwork - including fine art photography.
Very interesting. Did have to watch the whole thing three times before I got anything out of it, though. Kept being distracted by the dog.
Great advice.Here's a good video on the subject of pricing artwork - including fine art photography.
Here's a good video on the subject of pricing artwork - including fine art photography.
Remember to take into account the cost of a spot at the fair, plus transportation costs.
Start small. If people like your work, they will buy it -- and you can expand. If not enough of them do, you won't have spent too much money -- and don't take it personally. Many of us have been down that road -- and lived to talk about it.
Frame shops need to make a profit themselves and cover their overhead. That's how those arrangements work. $200 per print for a basic no-frills framing service of a small print is about average. Otherwise, you're going to have to find some kind of more affordable DIY framing option, as well as some other venue to show your prints.
I got around all that by installing my own well-equipped frame shop and doing certain things even better; but that required space and investment, and then parallel to that, lucking out with some very good personal connections. It also required persistence and was a lot of work.
People are going to buy your prints only if they see them and especially like them. Yes, in theoretical business terms, it might make sense to have some kind of size/expense/sales price ratio to what you do. But buyers don't necessarily think in that formulaic manner at all. They might spend more for a small print than a big one if that's what catches their eye. Expect a tough learning curve with some financial loss until you find your niche.
After some encouragement, I think I finally want to try selling my work. Typically I just make images for myself and so far the only print that has sold was a framed 8x10 that was displayed by my local print shop for ~$300. Most of that cost being the frame plus the cut the shop took.
I have a number of images that folks near the Boston/New England area might respond well to and I think I want to try to set up shop at an art fair.
I'm currently working on making reprints along with some new images.
What I am envisioning is a small number of framed and matted 8x10 and/or 11x14 prints. Typically I have my prints framed with antireflective museum glass. I'm currently having a 16x20 print framed and matted to 20x24 to serve as a statement piece. For this one I'm thinking of pricing it at $600 (cost $280 to frame).
Along with some framed images that would obviously be a bit expensive, I want to offer 8x10s matted to 11x14 and 11x14s matted to 16x20. I figure those would be easy enough to drop into a standard picture frame size. I'm not yet sure how much getting them dry mounted and matted would cost, but I think I would want to price the prints themselves somewhere between $0.70 and $1.00 per sq in., plus whatever the cost of matting them is.
Does anyone have any suggestions or ideas of stuff I should consider?
I'm not expecting to making any real money, especially at first given upfront costs of getting a body of work ready. But it might be fun and maybe I can recoup some cost of materials. I just don't want to price my work so high that it's not considered, but I don't want to undersell myself either. I do think some of my images are quite good and I want to reflect the many hours it takes to make said images between time spend in the field and hovering over a smelly tray.
Also thinking of printing some of my digital color work on metal as a more modern option for those into it.
Maybe a bin of matted prints? I'd rather have a few really nice pieces than a ton of options. I make stuff in low volume anyways.
Matted prints are easier to package and transport (both to and from the fair and by the customer) besides being less expensive to sell. Many people would rather have the photo framed themselves, choosing something that goes with their decor or other frames. Plus framing prices vary widely, from art-store, home decor shops (or even Ikea) off-the-shelf to quite pricey custom jobs. And with a matted print, it is easier to show if it is signed and editioned on the back of the print rather than the front.I've seen lots of bins with matted prints at various fairs -- saves a lot of time and cost of glass and framing. I don't know if that helps sales, and how many prints is a good number. Maybe people think of prints in bins as "discounts"?
Another thing to consider is that SOME people who are willing to pay a "lot" for a print want to know what NUMBER it is. They don't want a 1 print of 10,000 or 1,000 or 100 or ?????
One problem with mounted only prints in bins is that they tend to bend unless a stiff backer board is also included. Drymounting does make them serious looking rather than cheap-looking. I was never questioned about "limited edition" quantities. That's a problem with mass-produced fare, or sometimes a gimmick to lure people into buying something before the price of the next round goes up; for example, "edition of 100", when at that point only 3 exist anyway. But rules vary State to State concerning the language involved. Too much work is involved making fine images for them to become breeding in quantities like rabbits anyway. Simply call them real darkroom prints made by hand and people generally get the point.
And now materials can be just so darn expensive it can be prohibitive to make a quantity of prints at the same time, especially if they're going to be mounted.
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