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Lorin Zerah

8 Years Ago

Sizing And Pricing

Hi Everyone. My name is Lorin, new to Fine Art America and I have some questions on sizing and prices.
Why is it that on the sizing it seems as it though all the artists are using decimal points as oppose to rounded off? and could you help me figure out if I am sizing my work properly?
Example 18x24, 20x30 or 36x30 not using decimals. Is there a formula for sizing? Also when I look at other artist's work and see the pricing I can't find a common denominator. I know that it is all individual but can't seem to figure out again how different artists our pricing their pictures to the different products offered. Again is there a formula that one can use in pricing? Wishing you all the best. Looking forward to hearing back from anyone that can HELP.
Lorin

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Joshua House

8 Years Ago

Art here is at whatever size you uploaded it at. If you uploaded an item that meets the 18x24 ratio exactly then ALL your sizes for that item are going to be at that ratio.

As to how people price, that's entirely up to them. Some have one theory some another. Some seem to randomly type in numbers for each individual item.

 

Edward Fielding

8 Years Ago

Try uploading an image to see how it works. You can always change your prices later.

The reason you don't see common pricing is because each individual artist is different - with their own individual history, background, reputation, quality and idea of how to price their work.

 

Joseph C Hinson

8 Years Ago

FAA has to add their pricing too for framing, etc, which could account for the "decimal point pricing." Of course, it's possible there are folks pricing dollars and cents. When I first started here, for some reason I priced fretting cards af, for example, $4.99

 

We have just undergone a very tiresome exercise about pricing. It’s the first time that we put our photographs out for sale, and it was important for us to get the pricing structure right.

The biggest question which came up … who are the customers?

Although they are certainly individuals? But where will they come from? Businesses? Private Households? Are they collectors? ???

Which countries? Americans? Europeans? Canarians (many of our photos are of the endemic flora and fauna of Tenerife)? There is a huge difference in the spending potential of clients from different countries. Who will we finally sell to?

Two days headache… here are the two most common “formulas” widely used for pricing at FAA:

(1) Starting with a pretty low price (not too cheap though!) and exponentially increasing the prices the larger the print gets.
(2) Price all products and sizes with a pretty equal mark-up (e.g. 10 US$)

We went for the first option and decent pricing as this will allow offering customers great discounts if they buy in bulks.

Good luck, Lorin!

 

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