Went through a year of commission records. The average one paid me less than minimum wage, so I raised prices and lost two clients. Still think it was right.
Okay so I finally did the thing I'd been avoiding for months and went through every commission I took last year. Added up all the hours, all the money, all the materials. Average came out to like €11 an hour and that's just... not a living wage where I live. And I already knew it was bad, but seeing it in a little spreadsheet made me feel genuinely sick for a day.
So I raised my prices. Not wildly, like 25% on the mid-range stuff and more on the bigger pieces. And immediately two people who'd been "definitely going to commission me soon" for months just went quiet. Poof. Never heard from them again. One of them had even sent me a moodboard and asked me to hold a date for them.
And I keep going back and forth, like did I price myself out of the people who actually wanted my work? Or were they never going to pay me fairly anyway? I think I know the answer. But it's hard when the quiet is so loud, you know?
The worst part is the people who DID book in at the new prices have been my favorite clients ever. Which feels like it should be the lesson. But I still spent an hour last night being mad at myself for losing the other two. Anyway. If you've done the spreadsheet math and kept your prices the same after, I'd genuinely love to know what stops you from raising them, because I get it more than I want to. 🙂
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Good on you for actually doing the math. Most people in this trade never do because they don't want to know.
The two that went quiet were never going to commission you anyway. People who sit on "definitely soon" for months don't have money or don't take you seriously, and neither one gets better after a price hike. They saved you the trouble of finding out later.
The bigger risk is the clients you keep. If you raised prices 25% and nobody argued, you were still undercharging. You want at least a little pushback. That tells you you're near the real number. Dead silence on a price increase means you left money on the table.
Holding the line matters too, especially in a field where everyone's convinced they can't charge more. One artist who won't work for nothing makes it easier for the next one to ask for what they're worth. Stick with it.
ugh you're probably right but I think I needed to hear it, especially the part about wanting pushback. nobody argued with me at all and I just assumed that meant I'd gotten it right. now I'm side-eyeing my own numbers like... should I have gone higher?? 😩
the two who ghosted though, I honestly keep going back and forth on. like part of me knows you're right, they'd been "definitely soon" for six months and never once put a deposit down. but there's this little voice that's like what if it was the price and now you'll never know. anyway. I'm keeping the new prices either way, just needed to yell about it into the void for a sec