Art. But at what price?
Monday, May 17, 2010 at 10:50PM I've just posted this in response to the debate regarding Ben Calvert's take on pricing creative work and the Created in Birmingham shop:
Pricing any kind of creation is a total minefield. I’ve created some visual bits and bobs which are on sale through the shop and have listened to feedback about pricing, what works and what doesn’t. Some work is selling, some isn’t and it’s the higher priced stuff that isn’t in my experience.
As an artist, you set out with a plan that you’ll recoup your time and material costs, divvy it up and add a profit. As economies of scale goes when selling only a small quantity of work, it doesn’t actually work when you stop and look at the customer base. You are selling to a particular kind of consumer – not to a niche market segment. You inevitably live by that sword or fall upon it if your price doesn’t match customer expectations of what they are willing to pay. The rules, as you set them, go out of the window.
It’s a really fascinating debate and one to which there isn’t a perfect answer. But both the shop and the artist have choice, knowledge and expectations. To be in with any chance of success, I’m learning that listening and trying to find that meeting of minds is of eye-opening significance.










