Methods of Pricing
Time & Materials
- Time: Each artist has to decide exactly what they are willing to work for laborwise on an hourly basis. Then you must be diligent about tracking your time. For example, if a piece sells for $1200 at a gallery and you receive $600 net, and you are not willing to work for less than say $30.00 per hour, then piece cannot entail more than 20 hours of work, start-to-finish, (Note: this is not taking into consideration materials, which would have to be calculated into the equation
- Materials: Everything needs to be included: stablizers, fabrics, batting, threads. Keep a yearly running tally of what you spend on materials to come up with an average figure depending on the size of your quilt, for example $25.00/square foot for all materials.
Price Per Square Foot
- Many quilt artists are pricing their work by $ / per square foot. Currently, the average range is between $150-$250 per square foot.
Related Articles
What Are You Really Earning? by Anne Copeland
Pricing Your Artwork by Judith Trager
Strategies for pricing your artwork by Elizabeth Van Schaick
Articles in SAQA Journals
- Pricing and Selling Your Work, Caryl Bryer Fallert, 2003 13.1 Page 30
- Pricing Fallacies, Carol Jessen, September 1993 Issue 9 Page 1
- Promoting Your Work: Pricing, Marcia Johnson, Winter 1997 7.1 Page 8
- Putting a Price of Fiber Art, Louise Thompson Schiele, Fall 2001 11.4
- SAQA Pricing and Sales Survey, Marilyn Henrion, Fall 1997 7.4 Page 6 Mar-92 Issue 3 Page 4
- So Where Does That Leave The Quilt Artist Struggling with Setting Prices? September 1993 Issue 9 Page 3
- Winter 2009 19.1 Page 14