Pricing For Commissions
I want to talk for just a minute about pricing and the ways that I make money from my art. So one of them is commissions. I do commissions for bands and for authors, for publishing companies. Things like that, Ah, few times a year. I don't do it a lot because it's not really, you know, the passion of my wheelhouse. But I do. It's, um, sometimes. And when I price for commissions, I think about one. How much do I want to do this thing? Is it really important to me that I do it? Or is it going to be a headache? Because, like I said, I don't really like working with people. It's not my jam, so I would rather not, and it has to be really good. A great collaboration toe want to do it? So I priced myself at a starting point of $3000 and a good base price for a commission could be anything for you. So across the board when it comes, Thio commissions licensing prince things like that, I kind of like to say like $500 U. S. Dollars is a good starting point, So if you're just starting out. That mi...
ght be a good place to begin. I have done commissions for $100 and for many, many thousands. More than that, depending on the client and my starting point and where I am now, so I can never tell you a price that you should start at. I could never do that because this is up to you. What you need to make, how much work goes into it, how valuable you think it is based on where you are in your career. But I charged minimum and I don't get fancy. Okay, all these portrait photographers, I don't understand you guys. There's this whole, like there's the fee for the thing and then the other fee for the other thing you can tell. I really know the business of Portrait, and I just do one price, so I just do. The price is $3000 and that's what it takes for me to shoot it and give you an edited photo, one edited photo. That's how I do my commissions. And if you want more images, I charge a separate fee per image, and that price might go up depending on, you know the scope of the project. So commissions a really simple for me. I don't do like tears, pricing structures, stuff like that because it's just confusing to me. So I choose my base price based on the project, how much work it is. And then I say, this is what it costs. Take it or leave it. And sometimes I'll explain what goes into that you can see in this pricing sheet here that I go into just a little bit of what you know what they get out of it and to make sure that they understand where this price comes from. And then we go on to licensing. So when I license images, it's different from a commission because it's the sale of a digital file. It is not, You know, I'm going to show up and do a photo shoot and provide new images. It's I already have an image that you want to use for your purposes, so licensing is very different, and licensing is very difficult to price because it depends on the exclusivity of what you are doing. So if you're gonna provide a book cover, great, fine, You're providing a book cover. But what does that mean? So the book cover maybe a very small book that is going to be only published online, Let's say, And it's by an author that has never, you know, put anything out in a very tiny company. Well, then you would wanna pick your base price. So your your base price is going to be a nonexclusive contract, meaning you can license that image again and again and again to other people. And that's your base price. So you could even put on your website. Licensing begins at $200 something like that, and that gives people a baseline of what they can expect. And then it might go up from there. And it might go up based on all these different licensing factors, like how much exclusivity there is. So is it going to be exclusive to that book or that album or whatever it is for one year, two years? Three years? Is it going to be exclusive per location in the United States? In Portugal, In Germany, you know, where is it going to be reduced to, or is it worldwide? And if somebody says to you, I'm gonna license an image and I want exclusive rights to that image. That's gonna be your high point. So for me, I started $500 as my low price for being able to license toe anybody anytime. And then I go all the way up to $5000. Plus if they want exclusivity. So that's kind of my range. And again, I can't tell you exactly what you should do for yours. I started out at $100 as my low price, and it went up from there just to give you a little example of what I dio. And then finally, Prince, how do I Price Prince? Well, there are a couple ways that you can go about. This one is that they say you should get the price of a print, multiply it by 10 and start there. It's a problematic way of doing things, but if it makes you feel better, toe have, like, some multiplication to dio go for it. Okay, so my 10 inch prints cost $10. If I multiply that by 10 that's $ and that's a fine base price. But the bigger the print, the more it's going to be, and it might get a little bit pricey, so I think that's a fine place to start with your small size print. Just think about that. But when it comes to pricing, lower can often be better when you're starting out because you can't take a price down once it's already been up. So starting Loken be good, and then you just incrementally move it up as you go. Uh, if you don't feel comfortable doing that for whatever reason, um, you know, start higher. That's OK. You set your price. I would say. Don't go below 100 to $200 when your pricing limited edition prints. That means that there is a limited number of prints that you are going to sell, so I wouldn't start below 102 $100 because that gets into the realm of Open Edition. Pricing under $100 is pretty typical for open editions, meaning that you could sell as many as you want anybody who wants them. So think about that in terms of do you want to be able to sell to a lot of people at a low price or a fewer number of people at a higher price, and they're very different career paths. So really think about what's best for you. If you want to sell limited editions, you go through galleries. That's the way that you make sales typically. But it doesn't have to be that way. There are plenty of websites online that will allow you to sell just yourself through those platforms, or you might just have something on your website. I personally go through galleries, and I have been more successful with galleries since creating bodies of work rather than random images that don't really go together. So think about that.