Paintings aren't selling at the moment in Perth, I've been to few galleries and shows in the past couple of months and there were very few red dots. I've also heard this from others who have been to exhibitions/galleries/shows too.
I live in the Perth hills where there are a couple of galleries and a small art community. People of a variety of incomes live in the same suburb - I guess you could say middle class - what ever that really is. The wealthy suburbs of Perth such as Subiaco, Nedlands and Dalkieth have quite a few galleries with higher priced paintings in.
So how do I price my paintings??? I have a middle price and depending on the commission of where my painting are to be sold will affect the mark-up on the painting. I have a family price and that recovers the cost of materials and a little time. I also have the lowest price I'll go before selling this painting at that price leaves me feeling icky. I tell the ladies in my class don't make it so low that if you sell it at that price you are left feeling yucky and regretting it. Some art awards take 30% but the community centre ask a 10% donation - which is great.
Kelly Rae Robert's Etsy article on pricing is the best one I've read and recommend it if you are having trouble deciding on how to price your paintings.
Spring Blossoms Acrylic on Canvas 24" x 24" 61cm x 61cm |
Community Centre Art Show $250 (less commission means I get $225)
My lowest price before it leaves me feeling yuck is $200.
Family price is even lower because I'm happy that it's staying the family and I can go visit my painting - no on selling though....
Butterfly Windows Acrylic on Canvas 24" x 24" 61cm x 61cm |
Community Centre Art Show $250
Family price is even lower because I'm happy that it's staying the family and I can go visit my painting - no on selling though....
Butterfly and Dragonfly Acrylic on Canvas 46cm x 46cm (18"x18")
|
Community Centre Art Show $150 each
The Vase Acrylic on Canvas 25cm x 51cm |
The Tulip Acrylic on Canvas 25cm x 51cm |
Community Centre Art Show $75
So what do you think of my prices??? Too high??? Too low??? Shells, you know best???
I guess the real question is How much will someone pay for my painting? I wonder how much the price will change when I'm still trying to sell them in a year......