How to Price Your Art: The Simple Math Formula

Описание: In this video, I explain 2 straightforward pricing formula to help artists accurately determine how to price a product as well as the 4 essential strategies to effectively price your work. I break down the essential components, including factoring in your material cost and calculating your hourly pay and also the industry standard for a 2D work - pricing by artwork size. These approaches ensure a fair income calculation and proper product costing for your artwork.

Link to your Art Pricing Formula Cheat Sheet: https://tinyurl.com/mrybbpy5

Chapters:
00:00 - Stop Guessing Your Art Prices
00:20 - Formula #1: The Cost-Plus Model (Hourly Wage)
02:17 - Formula #2: The Square Inch Model (Industry Standard)
04:02 - CRITICAL WARNING: Factoring in Gallery Commissions
05:02 - Strategy 1: The Mindset Shift (Emotion vs. Value)
05:10 - Strategy 2: The Value Proposition
06:09 - Strategy 3: Market Context & Positioning
07:45 - Strategy 4: Tiered Pricing (Originals vs. Prints)
09:33 - Download Your Free Pricing Cheat Sheet

Link to full 7 Step Plan For Artistic Success Playlist: https://tinyurl.com/358dphv6
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Download Your Free 7-Step Plan resource for older artists with prompts and checklists designed specifically for older artists: https://tinyurl.com/4fsaathx
1-2-1 Coaching With Simone: https://tinyurl.com/yupw3vb5
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You are very welcome to my channel. I am an abstract artist and I help midlife and older artists by offering honest advice, creative motivation and encouragement to build a successful art business and live a more creative life with courage, confidence and success.
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Items I use and recommend:

Journal: https://tinyurl.com/ynw2cxht
Jars for storing colours I mix: https://tinyurl.com/954dan3b
Blue Paper: https://tinyurl.com/4y6hc9fp
Palette (for stay wet): https://tinyurl.com/573uarcr
Baking Paper (for stay wet palette): https://tinyurl.com/cnx7xc8m
Foam Brushes: https://tinyurl.com/2wmnxcb2
Alum: https://tinyurl.com/49bezaw9
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My recommended teachers and courses
Artist Community:
Alice Sheridan - Connected Artist (I am a member) https://www.soulrocketstudio.com/conn...
Louise Fletcher - Art Tribe https://www.louisefletchercourses.com...
Nicholas Wilton - Art2Life Academy https://www.art2life.com/art2life-aca...

Art Courses: (I have personally done and paid for!)
Nicholas Wilton - Creative Visionary Program. https://www.art2life.com/about-cvp/
Louise Fletcher- Find Your Joy https://www.louisefletchercourses.com...
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Follow Me on Instagram: /simonewoodsartist
Connect With Me on LinkedIn: / simonewoodsartist
Facebook:   / simonewoodsartist  
Pinterest: https://www.pinterest.co.uk/simonelwo...
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Disclaimer:

Some links in this description are affiliate links. If you purchase through them, I may earn a small commission — at no extra cost to you. I only recommend tools I personally use and trust.

This channel is for educational and informational purposes only. Nothing shared is business, legal, or financial advice. Results depend entirely on your own efforts and execution.


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