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just a tip

I dont mean to upset anyone. Im a little concerned about the 01 and 99 price list. thing is your not making money and your worth more than that. dont get me rong. I no sells are down but theres alot art out there thats worth alot more than your sellin for. I start mine low to , but 2.50 is my limit. just dont want to see ppl sell there self short. your worth more than that. I can even see the the ones that list one or 2 for that and the rest higher. but if you sell all at that are you making anything? anyway just wonderin. jillynn.ps great stuff out there.
Message 1 of 19
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just a tip

I agree with you. At that price you are paying people to take your artwork from you. When you can go buy a mass-produced greeting card for $5 or more, why shouldn't your original one-of-a-kind work go for the same or more? -- ~Jillian artist, Jillian Crider ... google me!
~Jillian

artist, Jillian Crider

... google me!
Message 2 of 19
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just a tip

Some people may list, hoping to get a bidding war going. But that often does not happen. Never list at a price so low that you will regret if it sells at that price. -- ~Jillian artist, Jillian Crider ... google me!
~Jillian

artist, Jillian Crider

... google me!
Message 3 of 19
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just a tip

Never list at a price so low that you will regret if it sells at that price. Best advice! 99 cent start price does work for sellers who have a lot of collectors and always have bidding wars for their work. But for most of us, it devalues our work and other art by comparison. Buyers who don't understand the gamble will see one artist's work at 99 cents and another's at $24.99 and wonder why it's "so expensive". I never priced any of mine below $9.99 and that was just in the beginnning. I'll list a new ACEO at auction for anywhere from $14.99 to $49.99 (depending on the time it took to create) and if it doesn't sell, it goes in my store at a higher price, or I sell it elsewhere. It's tough, 'cause eBay buyers are looking for bargains, but there are knowledgeable buyers out there and they recognize the value of art. -- -Ann "Anyone who considers protocol unimportant has never dealt with a cat." ~ Robert A. Heinlein
-Ann


"I have got pepperoni. Wherever it lands, that's where the miracle will happen." ~ Gary Busey
Message 4 of 19
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just a tip

I've been saying that all along, that people pay $5 for a Hallmark card and won't pony up $9.99 for original art, some of it extraordinarily good as I see around here. I never list less than $9.99
Message 5 of 19
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just a tip

I had to repeat that to myself on my last two. I actually do not want to sell them really, but I got hit with ugly unexpected bills ... but still I couldn't bear to sell them for pennies. Especially when you consider they are the original piece, and not a print. I finally just opted for the price that I wouldn't be resentful about if they sold. LOL. -- ~Faerydae Click to grow:   
~Faerydae
Message 6 of 19
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just a tip

I've been saying that all along, that people pay $5 for a Hallmark card and won't pony up $9.99 for original art, some of it extraordinarily good as I see around here. $5 won't even buy you a cuppa joe any more, lol.
Message 7 of 19
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just a tip

Just my opinion on pricing-- You must figure ALL of your costs before determining your price. So whether to sell for $5, $10, or $50...it's only a good price if it truly covers all of your expenses and then gives you a profit on top of that.
Message 8 of 19
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just a tip

Actually "cost" doesn't have much to do with "value." A lot of people try to price by cost but that's a fallacy. Cost is how you figure out the worth of an enterprise (is it profitable? ie, worth continuing)--cost vs what you can get. It's a back-end way to figure out if pricing is ok. VALUE determines what to charge. Value is determined by prevailing prices in a marketplace. For example, an ACEO in a shop might be worth more, because shoppers there are willing to pay more (value it more so will pay more.) Value also determines what you are willing to give it up for (your time, your estimation of its worth. For example, you wouldn't sell your grandma's amethyst ring for $19, even if that's what similar rings go for here, because the VALUE is more to you than to them.) I value my ACEO's at at least $9.99. Double a Hallmark printed card. The market place here does too, sometimes a LOT more if it's a subject that is popular. My highest sale per card here was around $55, if I recall. My original cards are VALUED at $45 minimum in a gallery in St. Louis. I am not sure what they will get in New Mexico, but we are going to try it. As you can see, I would be better off not to sell here (1/5 the value) but this is a more frequented marketplace (or was) with many views by many, many shoppers. The galleries get a few people to see my work a day, here, it is quite a few more. But as the people here VALUE items at a lower price (won't bid if start is too high) I have to compromise on the starting bid. -- Edited by art_by_joanna at 09/25/2008 4:23 AM PDT
Message 9 of 19
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just a tip

What price would you say for a "not so great" or "emerging" artist? I agree that if people are willing to pay $2.99 to 5.00 for a Hallmark card why not pay the same for a real piece of art. Most of the artwork that is on eBay is really outstanding. For me, it is the lowest eBay fee to pay for stuff that may not sell.
Message 10 of 19
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just a tip

I agree with your points about value-- But whichever pricing method you choose...In the end--your prices determine who your customers will be and how often you sell. If you want higher prices for your items--then you need buyers that have more discretionary income to spend on your higher-priced pieces. If you want to offer works to folks with a lower budget...then you have to price accordingly. Generally, sales of higher-priced items are slower than sales of lower-priced items because as the price goes up...the pool of buyers willing to spend at those levels goes down. For emerging artists...it might be best to start with a lower price point (low while still giving you a profit) and work your way up as you gain a collector base. But either way--choose a price for your artwork that you are happy with. If you don't feel good about selling a piece for only $20 then don't offer it for only $20.
Message 11 of 19
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just a tip

Thanks! For me, I am so grateful to do something creative and if I make a tiny bit $, I am happy! :-x
Message 12 of 19
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just a tip

I've decided to have a range of prices I think. I will create art in a range of prices, most of my doodle art I think I can list at 99 cents and be fine with getting even a buck for it. But my favorite stuff I think I will hang a higher price on it. On those I simply will not budge. Because frankly if I like it enough that *I* want to keep it, then I'm okay if it doesn't sell. LOL! After all I can list it here a few times and if it doesn't sell, I'll just sell it in a different venue, like bEtsy - and then I get to enjoy it until someone that values it as much as I do decides to purchase it. LOL. -- ~Faerydae Click to grow:   
~Faerydae
Message 13 of 19
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just a tip

You know I was just thinking that too. I think it would be great for the pieces that don't take as much time or the ones that do. 🙂 I love this forum! You guys are all so helpful and friendly!
Message 14 of 19
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just a tip

You know I've sold jewelry on hear for years and made a killing. This month is the first time I've felt comfortable showing my art to the public. And I have to say I just learned the ".99 cent lesson." Thought I would get a few bids. I even gave free shipping. What a lesson. It cost me to send this piece plus the cost of supplies...and all for .99... Won't make that mistake again. I wish there were a magic # for ametuer's. I'm bumping up to $1.99 to begin. What do you guys think?
Photobucket
Message 15 of 19
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