Pricing artwork is one of the most challenging aspects of being a professional artist. This calculator uses industry-standard methods to help you price your commissions fairly, ensuring you're compensated for your time, skills, and materials while remaining competitive in the market.
Key Factors in Commission Pricing
- Size: Larger pieces require more time and materials
- Time Investment: Your hourly rate multiplied by work hours
- Materials: All supplies including canvas, paint, brushes, varnish
- Experience Level: More experienced artists command higher prices
- Complexity: Detailed work justifies premium pricing
- Market Demand: Popular artists can charge more
- Profit Margin: Essential for business sustainability
Common Pricing Methods
Artists typically use one of these pricing strategies:
- Square Inch Method: Price × (Width × Height) + Materials
- Hourly Rate Method: (Hours × Rate) + Materials + Profit
- Market Comparison: Based on similar artists' prices
- Value-Based Pricing: Based on perceived value to client
Tips for Successful Commissions
- Always require a deposit (typically 30-50%) before starting
- Create a clear contract outlining scope, timeline, and payment terms
- Factor in revision rounds and set limits
- Don't undervalue your work - cheap prices attract problematic clients
- Build in rush fees for expedited timelines
- Consider licensing fees for commercial use
- Keep detailed records of time spent for future pricing