I am totally lost on how to price my art confidently. What system or equation do you use? I understand the process of raising prices if you are selling consistently and investing in your art career. But I am looking for some guidance to get started.
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I am totally lost on how to price my art confidently. What system or equation do you use? I understand the process of raising prices if you are selling consistently and investing in your art career. But I am looking for some guidance to get started.
I am totally lost on how to price my art confidently. What system or equation do you use? I understand the process of raising prices if you are selling consistently and investing in your art career. But I am looking for some guidance to get started.
A foreign buyer came to my village last year. A German lady, very polite, through a cooperative. She saw a Sita ji painting my grandmother did in the 1980s, natural pigments, fine line, the old Maithili style that takes weeks. She wanted to buy it. I told her price, 8,000 rupees. She smiled and said "for local art, that seems high." Then she offered 500 rupees. I could not speak for a moment. 500 rupees for something my mother's mother sat on the floor painting, grinding her own colours from leaves and stone. I told her no, sorry, this painting is not for sale now. She looked confused. I think she thought I would bargain. But some things you do not bargain over. This is the problem we have with folk art. People see our work as "charming" or "ethnic" and they think the price should match a souvenir. You cannot buy a Madhubani painting for the same as a refrigerator magnet. My daughter worked three days on a single fish motif last month. Three days. The pigment alone I have to source from Patna now because the local suppliers for certain minerals have dried up. I am not angry at the lady. She did not know. But I am tired of explaining that this art has a price. My time, my mother's time, my grandmother's recipes for colour. It is not decorative. It is our history.
I used to do this thing where I'd tell people "pay what you can afford" because I genuinely believed in making art accessible and also I hate conflict LOL. But here's what kept happening: Someone who clearly had money would pay me $20 for a charcoal portrait that took me 6 hours. And I'd smile and say thank you because I SAID they could name the price and I didn't want to be a hypocrite. Meanwhile I had a single mom pay me $150 for a small drawing because she said "I know what labor costs and I want you to keep making work." The sliding scale only works if people are honest. And I realized I was letting the people who COULD pay more off the hook because I was scared to just... state my price like a real businessperson. Now I just say what it costs. If someone genuinely can't afford it I'll trade or work something out one on one. But I stopped making my pricing a charity auction where the rich get the discount. Anyone else do the "honor system" thing and regret it?
So I had this conversation with a gallery owner last week. Small place, mostly sells to people who want "art that goes with the sofa" kind of thing. She was genuinely interested in my work, wanted to take a few pieces on consignment. But she kept pushing me to price them higher than I wanted, not in a greedy way, more like she thought I was undervaluing myself. And I couldn't explain it properly to her. It's not that I think my work is worthless. It's that I paint these old Bangalore houses that are being torn down, and I know the people who used to live in them. Some of them still come and watch me draw. So when I put a price on it, it feels like I'm putting a price on someone's childhood, you know? She said "then don't sell them, just show them." But I do need to sell. I just don't want to pretend it's the same as selling a print of a nice landscape. Anyway, I priced them lower than she wanted and she took three. Two sold in a week. Which I don't know if that proves anything or nothing.
I've been selling small etchings for €180 since 2021. Same size, same paper, same amount of work. Three years of the same number while my studio rent in Berlin went up twice and the price of copper plates nearly doubled. Last month I finally raised them to €240. Not a huge jump. Still probably too low for the time that goes in. But I did it. Then a former professor, someone whose opinion I actually respect, saw the new price list and said, in that careful tone, that the pricing was "ambitious." Asked if I was worried about "pricing myself out" of the market. The market being what, exactly? The market of people who think art should cost as much as a nice dinner? I didn't say what I wanted to say, which is that I know etchers in London charging £400 for a similar plate and nobody calls that ambitious. I just said I'd think about it. Now I'm sitting here wondering if I should have raised them more, or if I'm actually wrong. The math says €240 is still a bad hourly rate when you add up drawing time, plate prep, printing, editioning. But the voice of that professor is stuck in my head.
So my granddaughter set up my Instagram a few years back, and I just post what I'm working on. I don't know all the tricks, I just put the quilt up there with whatever I feel like saying about it. And this young lady from California, she's a curator at some museum, I had to look it up, messages me and says she found my work through a hashtag I didn't even put on there. #improvisationalpiecing, something somebody else tagged me with. She said she'd been looking for quilters working "in the Gee's Bend lineage" and couldn't find nobody who wasn't already famous and priced out of reach. I sold her a quilt for $800. She found it through a tag I didn't even know existed. I got regular customers, Lord bless 'em, the ones who buy baby quilts and lap quilts for their mama. That's steady money. But the people who find me through these art-world tags, they're a different kind of buyer entirely. They want the story. They want the history. They don't blink at the price. Makes me think I'm posting for the wrong audience half the time. But I don't have the energy to chase two worlds at once. Y'all got any advice on that?
Had a young guy at the booth this weekend, looked at my price tag, nodded like he'd figured something out. Said he could probably do the same thing himself with a Dremel and some YouTube tutorials. I said maybe he could. But I'd been thinking about it all evening and it still bothers me. Not the disrespect, I don't care about that. What bothers me is the assumption that the tool is what matters. Like the only difference between me and him is I own bigger equipment. I've got a 50lb tungsten chisel that I dressed myself because nothing on the market was right for the cut I needed. I spent three months learning to sharpen it right. A Dremel wont teach you how to read grain or when to walk away or what to do when you're 40 hours in and the stone decides to split wrong. Anyway. He walked off with a print. Probably gonna try to carve it this weekend. I hope he does. That's how you learn the difference between wanting to make something and wanting to have made something.
I don't understand these algorithms ji, my son tries to explain but I think it is a different world. For months I was posting reels, using hashtags, doing everything the年轻人 (young people) tell me. And yes some likes come, some comments, but serious order? Hardly. But there is this one WhatsApp group, just a small group of art lovers from Patna and Darbhanga, maybe forty people. One of my old students added me. I share a photo of whatever I am finishing that week, with a price. No editing, no hashtag, sometimes just in the evening with bad light. And from that group only, I have sold maybe twelve paintings in the last two months. One man came all the way from Muzaffarpur after seeing a photo of a fish motif I posted there. The platforms want us to dance for them. But the real thing is just people who already know what they like seeing. I am thinking maybe the old way is best, find your people, even if it is a small group, and show them your work directly. No algorithm needed.
I was approached by someone who wants a portrait of their prize-winning poodle. They saw my work and said they 'loved it'. Then they offered me 200 euros. Two hundred! For an oil painting, detailed, custom work. They went on to say that 'art should be accessible'. Accessible? My tubes of Cerulean blue alone cost more than that. Bof. I told them the price for a serious portrait starts at 1500. They haven't replied. Good.
A friend from art school, someone whose work I genuinely like, sold a paper piece at a fair in Stockholm for 12,000 SEK. Same size as what I do, similar material, similar time investment. I charge 3,500 for mine. We're at the same stage, we came out of the same program. I know I'm not being ripped off, I set my prices, nobody forced me. But the gap is hard to sit with. Makes me wonder if I'm undervaluing the work or if they're just better at selling. Probably both. I raised my small pieces by 500 SEK this month and it felt like a test I was going to fail.
I got a commission last year for a new piece at a decent European museum. 12k seemed like real money when I signed. Then I priced the steel, the timber, the electronics for the sound element, the rented van to haul it all, the two assistants I had to pay properly because I'm not an exploitative prick. By the time the thing was built and installed I'd spent about seven and a half. The rest covered four months of my life. I ate it because the work was good and I wanted it to exist and I'll probably do it again. The math never works if you count your own time. You have to not count it. That's the trick. You make art because you're compelled to and you finance it however you can and you pretend the hours don't exist. But sometimes late at night you do the math anyway and it's genuinely funny how bad it is. Like actually funny. I laughed out loud when I worked it out. Younger artists ask me how to price things. I tell them charge more than feels comfortable and then double it. Then I watch them not do that and I understand completely because I also don't do that.