In trying to work out the price you want to charge for your artwork you will no doubt be influenced by the size, cost of materials, commission (if applicable) and the time it took you to create the work. But how do you define ‘time’?
In considering the amount of time you took for each work you must include not only studio time, but the preparation, planning and research you did to make each work become a reality, not just an idea.
This is a difficult question to consider as it’s not just a matter of calculating your drawing or painting time, but I fear that most artists just consider the former.
Calculating your prices by imposing an hourly fee is dangerous as it will result in you pricing you work out of the art market.
Today’s images are just a small selection of some of the research I did for my successful entry in the Glover Prize 2009.