How are digital art prices determined?
How are digital art prices determined?
Time & Materials
- The equation: Time + Materials = Commission Price.
- $900 (cost of material) ÷ 500 (material lifespan) = $1.80.
- 4 (hours) × $7 (hourly rate) = $28.
- Commission Price: $28 (T) + $1.80 (M) = $29.80 (delivery within a day)
- Let’s take time out of the equation.
Do digital artists make more money than traditional artists?
The income of digital artists varies hugely, just like it does with traditional artists. Just as the price of one oil painting versus another can vary wildly, the same is true for digital art.
How much do you pay a digital artist?
How Much Do Digital Artist Jobs Pay per Month?
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $58,500 | $4,875 |
| 75th Percentile | $46,500 | $3,875 |
| Average | $38,515 | $3,209 |
| 25th Percentile | $27,500 | $2,291 |
How do you determine the value of art?
Consider one of these 3 straightforward formulas for pricing your work:
- FORMULA 1: Square Inch × Dollar Amount.
- Example for a painting with a width of 18 inches, a length of 24 inches, a square inch multiplier of $4, and a material cost of $100:
- FORMULA 2: (Hourly Wage × Hours Spent) + Cost of Materials.
How do you price art?
Pay yourself a reasonable hourly wage, add the cost of materials and make that your asking price. For example, if materials cost $50, you take 20 hours to make the art, and you pay yourself $20 an hour to make it, then you price the art at $450 ($20 X 20 hours + $50 cost of materials).
How do I sell my original art?
Yes, you can make money selling art online! Here are some of the best places to virtually sell your art.
- Fine Art America. Fine Art America is the world’s largest online art marketplace and print-on-demand technology company.
- ArtPal.
- Amazon.
- Etsy.
- Storenvy.
- eBay.
- Minted.
- Society6.
How to price your original artworks?
How to Price Your Artwork Pricing your art based on comparables. Set your prices similar to those of other artists with similar experience and who work in similar mediums. Pricing your art like a retailer – at two times the cost of materials. Factoring in your time and labor. The consistency in your pricing. Broadening your appeal by offering works at various price points.
Where to buy art online?
A favorite among Real Simple ‘s editors, Minted is one of our favorite sources to buy art online from a variety of independent artists. The site lets you narrow down your search by style, medium, or color so it’s easy to find a piece in a specific size to go above your living room mantel that will match your room’s decor perfectly.
What are the best digital art websites?
Digital Art Served. Digital Art Served is an awesome gallery of curated work from leading creatives on online art collective Behance.