HOW DO I PRICE MY PAINTINGS???
"ARTISTS-Be Real !"

Some Formulas I have seen
  • By the inch
  • By the awards
  • By the cost of production
  • By the art work sold around your area

$$$-- Your Yearly Budget-bottom line is an artisit has to pay their bills and make a living with a budget in mind

ARTIST HOUSEHOLD BUDGET
Rent-----------$ 8,000.00
Heat-----------$ 2,000.00
Food-------- -$ 4,000.00
Ins-------------$ 3,000.00
Car------------$ 3,000.00         
Total         $   20,000.00

Sales Formulas
$ 200.00 price of painting  X  100 paintings=$20.000.00 (Approximately----8 paintings a month)
            This is sales/not production
$ 400.00 price of painting  X   50 paintings=$20.000.00 (Approximately----4 paintings a month)
$ 800.00 price of painting  X   25 paintings=$20.000.00 (Approximately----2 paintings a month)

Supliment your income with a PART TIME JOB -Half of your income-$10,000.00
Break all figures in half     $ 200.00 X 50=10,000.0 0 (Approximately--4 paintings a month)
  $ 400.00 X 50=10,000.00  (Approximately--2 paintings a month)
  $ 800.00 X 50=10,000.00  (Approximately--1 painting a month)
Other Possibilities
  • More hours at another job
  • Raise your prices
  • Increase your knowledge and ability to paint
  • Teach classes
  • Workshops
  • Seminars
  • Business classes

NANCY FOUREMAN
S