Sunday, November 1, 2015

Deciding on prices for quilts

I have been trying Idaho Beauty’s formula for pricing the art quilts that I want to sell at our neighborhood art sale in November.
She suggested $1 per square inch as a rough guideline.  I don’t have to pay a commission to sell them and I do live in central PA which is certainly not NYC. So I deducted out about 40% for that. I also thought about how much work went into them.
This is what I have come up with so far. Let me know if these look fair and not too low or too high. I do not want to give them away.


“Orange Sky at Night” 19 in by 27 in.
$325










“Forest Cathedral” 15 in by 21 in
$215













“Paris Rooftops” 18 in by 26 in
$250









“Spiritual Sanctuary” 23 in by 37 in
$425











What do you think? Input is much appreciated.
Also do people typically try to negotiate the price at an art show?
Thanks for reading and commenting.
Chris

3 comments:

Margaret said...

I won't comment on your prices as to some extent it depends on your marketplace. My rural community, though, is not inclined to pay the same sort of prices as city buyers, so I think your adjustment is likely appropriate.

As for negotiating prices? NO!! An art sale is not a yard sale or a flea market or some such thing. Your price is your price. Stick to it!

The Idaho Beauty said...

I agree about negotiating. People will try but it's a bad precedent to set if you plan to continue selling. And it sends the same message as underpricing. The only exception I make is if I have several pieces that are similar enough to be thought of as a set but are being sold separately. I might do a "x each or y for all" which would reflect a say ten percent savings. As for your suggested pricing, I still cringe a bit at the lowest priced one but for your first outing & considering the venue, I think the prices you've arrived at are ok.

Chris said...

Thanks for the input, Sheila and Margaret. I did raise the price of "Forest Cathedral" a bit. Someone in this area said they charge $50 per square foot. I think that is way too low.