Why Most Artists Are Afraid to Raise Their Prices (And Why You Shouldn't Be)
Your prices should grow with your career. But for most artists, the price tag hasn't moved in years, because they're afraid collectors will walk away. In this video I'll show you exactly when to raise your art prices, how much to raise them, and how to tell your collectors so they stay with you. Done right, a price increase can even make your collectors happier. I call it the Price Growth Triangle: ๐บ WHEN: read the signals and raise 10 to 20 percent at a time ๐บ WHERE: one price everywhere your work is sold ๐บ WHO: who hears first, your galleries and then your collectors โญ At the center, YOUR VALUE: the confidence and experience behind every price You'll also get three quick exercises: count your signals, reprice three pieces, and plan your announcement. There's also a simple early-access email you can copy. ๐จ JOIN THE ART NXT LEVEL PROGRAM Get step-by-step art business courses, a weekly live Q&A with me, a community of artists, and real opportunities to exhibit with 33 Contemporary Gall...
Why Most Artists Fail at Business (And How to Fix It)
Master the art business basics to increase your take-home pay. Compare gallery versus studio sales to boost your bottom line. Many artists struggle because they confuse revenue with profit. This video breaks down the difference between fixed and variable costs so you can accurately track your margins. We look at a real-world comparison of selling a 2,000 dollar painting through a gallery versus selling directly from your studio, highlighting how those decisions impact your artist profit. Beyond expenses, we discuss how to structure your pricing artwork strategy effectively. You will learn how to build a price ladder that caters to different types of collectors and explore various income streams to stabilize your career. Mastering the business side is just as important as the time you spend at the easel when it comes to selling art successfully. ๐จ Ready to build an art business that sustains itself? Join the Art NXT Level Academy for coaching, community and step-by-step guidance: https:...