@sarahhi's post on Artfol

Today in Uni, my Studio Pals asked me how much I price my art at.

It seemed so normal to them to sell art, while in reality for me it’s a topic I barely touched.

Like I sold one painting and it was a commission. I just do photography/videography every now and then but like...
No one ever asked to buy a painting and I probably would underprice it heavily.
Also I never had a show ?! Which also everyone around me seems to have done?


Any experiences on that whole pricing topic?
What would you price a 120cm x 150cm painting at?

I had to get this off my mind
Nov 11, 2021
#pricing
#fineart
Comments
I used to be in art school and they told me a formula. Height in cm + width in cm × (factor) the factor is heightened by experience and quality so fpr example I used a 1 or a 2 because I hadnt sold that much yet. Hope this helps! The way I used it was like more of an indication and add a little bit of gut feeling ♡
While I don't sell paintings, I do sell ceramic and felted pieces, and I also struggle to price at the right level - I work off time it took, and give myself an hourly rate somewhere above minimum wage (atm I use £10 an hour as I'm starting out, but I will look to raise that in the future), and then add £5-£10 usually for materials/kiln costs. I would also say, don't immediately price yourself down if people don't buy, because what you make is worth the money you charge - if they don't understand that then they probably shouldn't be buying your art anyway. Someone will value it at the right level and pay what you're asking for :))
Consider cost of materials and total time spent working on the piece. Decide on an hourly rate for yourself. https://www.artistsnetwork.com/artist-life/a-simple-formula-for-pricing-artwork/ this person does it by square inch