To increase my prices?

[JulietMadeChutney]

I have recently started selling limited edition prints or my drawings on Etsy. So far going well - been doing it 8 weeks - average income £200 a week, sold about 9 a week.

I popped on here earlier this week (for some help with some retail advice as been approached by a local shop for them to sell them) and several people said I was undercharging. Several people IRL (not friends/family) have also said the same. So I need to try and gauge if I need to put my prices up. Often too low a price can be as off putting as too high a price.

I sell currently at
A5 - £15.00
A4 - £17.50
A3 - £25.00

Prints are Gilcee/Fine Art quality with certificate of authenticity.
Postage is included.

General consensus is I should raise prices to more like
A5 - £20
A4 - £25
A3 - £30

I have attached a couple of photos of the kind of stuff I do.

So, I know they won't be everyone's taste. But If you could pretend you did like them - or that they would be a perfect gift for your sister because she loves cows/hares/boxing- what would you be willing to pay?

First time at enabling voting.
YABU - keep your prices at £15.00 -£25.00 depending on size - I wouldn't pay more

YANBU increase to £20.00-£35.00 depending on size, I would pay this.

Any other pricing comments welcome.

Thank you

Can't see the photos!

I don’t see the pictures yet but curious about how much profit you’re currently making on each size - is postage included in this price? How much are you spending on printing?

Have a look at the facebook site Not On Amazon for price comparisons. Also for feedback.

I can't see the photos either unfortunately. It would be great if you could attach them again for us!

Arghhhh Technical glitch....hold on

Sorry.....clearly better with charcoal and pastels than tech!

Lol

I think you're definitely undercharging.

And these are awful quality images....MN wouldn't let me upload anything of any size - so did compilations.

I really appreciate any input - as I am so new to this (art and selling). Etsy-based market research is not as useful as it could be as stuff goes from silly small price to much higher. I am probably at the lower end though.

These are great you are definitely undercharging

Urgh sorry you did say postage is included!!

They're not to my taste, art wise. But I can appreciate that they're really very good and I think people should be paid fairly for skilled work.

@SilverRoe

Urgh sorry you did say postage is included!!

Yes. Postage included. Seems to be the thing Etsy is pushing.

The dog one is exquisite

Charge more. And teach me how to draw like that? You’re amazing, I’d charge £25-30 minimum for your smaller drawings and increase price the larger (or more detailed) they are.

I think they are great.

I’d say if you are only just starting out keep the prices the same? Assuming you are making a profit and not under charging for your time. In 6 months maybe increase?

IMO it all better for a start up to be selling 9 a week and making £200 than selling 4 or 5 and making £100. If you keep selling thT many an increase in price won’t make a difference

They are really good, you are definitely undercharging.

Yes, the new prices seem more appropriate. They would still be appealing at that price . I generally spend £20-30 on a gift depending on the occasion and you’d hit that market

Your price increase isn't huge and I think is reflective of the product so I think you should increase them. It's not such a hike that I think would put people off buying them.

The quality is fantastic. Yes you should put your prices up.

I think you're definitely under charging. Each of these looks like many hours of work. Definitely put your prices up

Definitely increase the prices.

Couple more.

As you can see...not quite got a set style at the moment. Only started drawing in July....before that was strictly in the "Cannot draw for toffee" camp.

I’m surprised that there’s not a bigger price difference between the sizes.

They are amazing! I think I would raise prices and if you find the orders dry up you could always lower for a while if you needed to. I was recently decorating DDs bedroom & looking for roald dahl prints (I wanted some quotes rather than drawings) and they were £19 each to download and print yourself! I ended up not buying them - but seen that plenty of people had. So your drawings seem to be hugely under priced from that perspective!