Sunday, April 19, 2015

How To Price Commissioned Custom Oil Portraits

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By Joanna Walsh


Many painters make a living out of commissioning a painting. They do paintings whenever they are requested by a client. With their skills and knowledge about this trade, they try their best to meet the demands and expectations for their clients, especially when they are commissioned to do 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.

With regards to the price of the said commissioned work, it would be better to have some tips to take note of. These are the tips that can help you decide what reasonable price would be the most suitable for the said commissioned work. When it comes to that, here are the ground rules that one must take note of for this then.

First, you should understand that the pricing you are setting gets to change. If you are an already established painter, you should be able to command higher prices for your work. You can even raise the price the next sale. This basically means that the price you charge your clients with will not be set in stone.

Undercharging should be avoided. You have to take all of your expenses related to the making of the said commissioned work into account when you are deciding on the price. You have to cover the framing, canvas, paints, shipping, and other things you paid for in the making of this work with the price you set for it.

You should be clear and consistent, especially with the pricing scheme that you are using. It is a bad idea to use a by-hour pricing scheme because the clients do not really care about the time you spent on making the said work. They end up getting confused with the pricing scheme. It would be a better idea to use a size-based scheme instead.

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.

When you are talking with the clients regarding the price, you should state your price first and then shut up. Do not try to rationalize why you put a certain price on a certain work. If you think that the price is to high for your clients, do not apologize. Shut up and let the clients decide whether they will take it or not.




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