Wednesday, April 15, 2015

How To Price Commissioned Custom Oil Portraits

By Joanna Walsh


Artists can live on the commission they get from the artworks they make. Through the said artworks, they are able to get enough to live by even with just their art. They have the talent and skills necessary to meet the expectations and demands that clients have. If you have the talent, you should consider working on custom oil portraits in NYC.

The clients request for these paintings for several reasons. The customized work might be for their family picture. It might also be just for an individual so that they can present it as a gift. It might be to decorate the new home. Whatever reason it would be, the painter has to do the request of the client.

If you agree to creating the painting, then you have to worry next about how the painting should be priced. There are many factors that you must take into consideration. These are the things you have to worry about to ensure that you are getting a proper price. The price should be reasonable to make you and your clients happy with the work.

For the price of this artwork, you will find it a good idea to know of some tips relevant to the said work. The said tips are there so that you can decide what the most reasonable price would be for this particular artwork. If you want to come to a reasonable price for this artwork, then here are basic rules to think of.

First, remember that no price is already set in stone. The price you can put on the artwork varies according to demands and even to your name's prestige. If you are already someone prestigious in this field, you are able to command higher prices for your artwork. You should aim for becoming known in this field then.

Do not undercharge. When you are considering what price should be put on your artwork, you have to be certain that all of the expenses you spent money on for the creation of that artwork would be covered in that price. These expenses include the shipping, framing, paints, canvas, and similar other things.

Be as clear and consistent as you can. This is in particular to the pricing scheme you are utilizing for your artwork. Most of the artists these days avoid using the by-hour pricing scheme because that will just confuse clients. Instead of the hourly pricing scheme, the size-based pricing scheme is much better.

Do your research. You must check up on the works of other painters around your locality, especially those who are working in the same trade as well. You have to observe how they do things and see what can be applied to you. Through the research, you can use what you know to stand out more.

If you are talking with your clients about the price, you should be firm on the price you stated. Once you give the price, you should then shut up. Do not attempt to rationalize why your price is like that. Most importantly, you should not apologize about it. You have to let your clients decide on taking the work or not after that.




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