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The Cost of Art
Feb. 24th, 2013 01:49 pmI'm in the process of transferring my studio from Foreclosure House to New Adventure Duplex, so my rate of productivity will probably slow down some in the next few weeks, but I'll definitely be listing new NOLA Crosses on PZBART this evening. Also a very Joseph Cornell-inspired piece called "Earth, Sky, Sea."
I've been thinking and reading about how to price art. Some people tell me that I'm underpricing mine, and I do like to keep my pieces affordable, but it's still rare for me to sell any of the pieces that cost $100 or over. I seldom even get lower offers on them, though that may have to do with Etsy's lack of a best offer option. The $100+ pieces are priced that high because they were labor-intensive to make, or because I like them enough that I'm unwilling to let them go for less, or both. Materials are rarely a big factor in pricing, as I like to use a lot of found objects and inexpensive odds and ends -- as I was writing that last paragraph, Grey came in from a trip to Home Depot and brought me three packs of zinc lock washers, which cost $1.18 for a pack of 18 and will adorn countless NOLA Crosses.
I've been thinking and reading about how to price art. Some people tell me that I'm underpricing mine, and I do like to keep my pieces affordable, but it's still rare for me to sell any of the pieces that cost $100 or over. I seldom even get lower offers on them, though that may have to do with Etsy's lack of a best offer option. The $100+ pieces are priced that high because they were labor-intensive to make, or because I like them enough that I'm unwilling to let them go for less, or both. Materials are rarely a big factor in pricing, as I like to use a lot of found objects and inexpensive odds and ends -- as I was writing that last paragraph, Grey came in from a trip to Home Depot and brought me three packs of zinc lock washers, which cost $1.18 for a pack of 18 and will adorn countless NOLA Crosses.
