Fundamental principles of pricing your art
One of the first questions that artists have to answer when they decide to sell their work is “How much should I charge for my art”. There is a number of factors that need to be considered, and developing a pricing system for selling your work is fundamental in order to be successful in the market. In this article, we will have a look at the very first considerations, in the process of estimating the right price for your artwork, including timing, expertise and reputation. A second part of this series will examine additional factors that have an impact on the development of a successful pricing system for your art, such as competition and valuation.
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