Thursday, 16 April 2015

Tips In Pricing Commissioned Custom Oil Portraits

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 said painting is requested by clients for various reasons. It might be that they want a customized family portrait or they might want it for just an individual. They might give it as a present to someone special or as a decoration for a new home. Depending on what the clients want, you have to give it to them without any qualms.

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.

Avoid undercharging. This is the most common problems that painters usually face. The price that you charge for your work should be reasonable after considering all the materials you used for the said masterpiece as well as the effort you have put into it. It should cover the framing, shipping, canvas, paint, and whatever is applicable.

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 not forget to do proper research. You have to check up on other painters, especially those who are in the local area or those who are in the same stage. What you observe other painters do can be applied to your work. The information you get out of your research can also help you stand out from the rest.

If you are talking with your clients about the price, you should be firm on the price you stated. Once you give the price, you should then shut up. Do not attempt to rationalize why your price is like that. Most importantly, you should not apologize about it. You have to let your clients decide on taking the work or not after that.




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