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

@Okbussitout

How many in an addion?

Do people know what a Giclee is? It’s a really good quality print.

An artist can print 1000 copies of a drawing and sell each copy for £20-30 whereas selling just the original wouldn’t make anywhere near as much.
It’s about maximising profit.
The Artist keeps the original and sells copies.

Your work is lovely OP but as I said, I think your prices are right as they are.

I agree and am surprised there is not a bigger price difference between A5 and A3. You are pricing your work to sell and indeed it is, how many hours did it take to produce the original drawings,, how much profit are you making on each print?
Obviously you always had a talent but perhaps did not know it as people cannot suddently learn to draw to such a standard.

And yes. It is Baldock. I have not hidden who I am in my other thread - so if you want to see the actual Etsy page just google "Impressions of Baldock Etsy" and you should find it OK.

Sorry! Quote fail there! Didn’t mean to tag you Okbussitout

What would you charge for a commission please? Ie of a single dog, or 2 children?

I thought the dog was a photo. Not sure if it's of interest to you but you could do commissions of pets etc?

Your work is fantastic! My advice would be to put your prices up a bit for everything except the A5 size, and continue getting sales and feedback to get you up the Etsy algorithm.

I would also get yourself on Instagram and start posting there, with a link in your bio to your Etsy shop.

You could also start taking commissions, eg of pets, and charge considerably more for the original drawing.

Good luck, you have real potential with this!

@JulietMadeChutney they’re brilliant! You’re undercharging.

Wow those are fab, and you really couldn't draw before July? those must have been flipping amazing youtube videos!!!

@iklboo

You've posted before with your work haven't you? I absolutely love it! You're amazingly talented.

Yes. This is all so new and I have had so many questions. Actually, thinking about it , largely about pricing - retail prices, how to price original vs prints.

I think I cannot see the quality of the drawing - cos still, in my head, I am rubbish at art.....

Try it and see. Put your prices up and see what happens. You can always bring them down if overall you start to make less money

I'd love to see you on Portrait or Landscape Artist Of The Year. You'd be fab

Hi - I haven't read the whole thread, but I think it depends. Are you selling prints or originals? If you are selling prints, are they limited edition and numbered or can you churn out the same print for the next 10 years?

If you are churning out the same things I think the prices are fair - IF that's all you get. If they come with a mount, put the price up by £5 by all means. If you are selling a limited edition, you could raise the price again. Originals should reflect the amount of time you have spent on them. Well done for setting it all up - and getting business. Fantastic!

I'm rubbish at drawing but always wondered with prints do you print them at home yourself or do you have to send them somewhere to get printed? Thay would add to the price wouldn't it? Your drawings are fab!

@52andblue

What would you charge for a commission please? Ie of a single dog, or 2 children?

I have done a few of these. I kind of pitch them as a similar level to what I would sell an original for so £125 for charcoal and £150 for pastel (takes a bit longer as you have to match/blend colours etc)

They make me very nervous before I start but once I am into it I kind of just get lost and off I go.

Don't do people. Have tried. Am OK - but zero margin for error. I tried to do Mr Darcy (Colin Firth - the only Mr Darcy). My first attempt looked like Joey from friends. Was.Not.Good. My Mr Darcy fantasies were a bit traumatic until I re-did it.

Do charge more! Feel free to keep it cheap for another month to get more traffic and good reviews in though :) my feeling is that once you a have established your business and clientele you can raise the prices, by the sounds of it that won’t take long at all. Your artwork is lovely btw, you have a lot of skill and are clearly good at marketing your work.

Do you mind me asking where/how you get them printed? I’ve been wanting to do something similar for a while but I have no idea where to start.

Oh I love them OP

@EduardoStobarto

I'm rubbish at drawing but always wondered with prints do you print them at home yourself or do you have to send them somewhere to get printed? Thay would add to the price wouldn't it? Your drawings are fab!

Definitely send them off. This is professional printing kit - not home stuff.

looks like a bookshop I know

@Thehawki

Do charge more! Feel free to keep it cheap for another month to get more traffic and good reviews in though :) my feeling is that once you a have established your business and clientele you can raise the prices, by the sounds of it that won’t take long at all. Your artwork is lovely btw, you have a lot of skill and are clearly good at marketing your work.

Do you mind me asking where/how you get them printed? I’ve been wanting to do something similar for a while but I have no idea where to start.

Just google "Giclee fine art printer" and you should find some. I am lucky and I have one that is 15/20 minute drive from here so I can go and pick up if I need to. Mostly I get him to post them to me as I realised it was taking a fair bit of time to go and get them.

I've bought quite a lot of prints off Etsy in the last few weeks. I pay between £25-30 for A3. Usually about £15-18 for A4. Including postage.

I'm staging a holiday cottage so I'm on a budget but still want interesting/original not from Dunelm et al.

Those are incredible!

I know alot of artists and honestly completely undercharging. I recently paid 35 for an a3 unframed and I know she is at the cheaper end and would enc her to charge more. I think the main thing is to get some confidence selling at a price you are happy at and then go from there reviewing pricing regularly. Remember if a retailer is selling for you they generally want 2.5x so whatever you charge them they add 2.5x - so you will need to charge a similar price to not compete etc.

Can I ask what might be a silly question to those in the know?

If you buy something like this off of Etsy can you just buy a frame from somewhere like The Range and pop it in that or does art need a different sort of frame? Thanks

I would charge more. If you sell one or two less a week, you'll still be making the same profit, but in less time and you'll have more time to spend building your business.