photoguy99
No longer a newbie, moving up!
- Joined
- Mar 20, 2014
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There is "value based" pricing, and there is "cost based" pricing. The latter takes your expenses, divides by the number of sales, adds a modest markup for profit, and sets that number as the price.
"value based" pricing sets the price according to how much value the thing being sold provides to the buyer.
Value based pricing is how Art with a capital A is sold, however. Value, in this case, is entirely a social construct. Your job as an artist is, arguably, to construct that Value.
"value based" pricing sets the price according to how much value the thing being sold provides to the buyer.
Value based pricing is how Art with a capital A is sold, however. Value, in this case, is entirely a social construct. Your job as an artist is, arguably, to construct that Value.