I know that some artists routinely raise their prices each year by a small amount, usually in January. Is anyone here planning to do that- and if so, how much are you planning to raise them? Is there some ‘set amount of success’ that determines whether you raise them or not?
I’ve been on DPW for a little over a year now. I felt like such a silly, inexperienced kid when I began, chasing an impossible dream. I was fairly sure that I’d not make a single sale, and I’d end up giving up. To my astonishment, I’ve now got 50 red dots in my gallery! Add to that a few off-the-easel sales, commissions though another site, and regular little sales through my Redbubble shop, and I’m pretty pleased with my first year.
My plan for 2017 is to continue working to improve my skills, enter some competitions, and try to get into a few local exhibitions. But in order to do that, I need to cover entry fees- even if it’s only £10 here and there, it’s a new expense I’ve got to plan for.
I’d really appreciate the advice of more experienced artists where raising prices is concerned. I don’t want to scare my buyers away, but even a small raise might make a massive difference for me, in terms of what I can afford to enter. And if you guys have time, take a look at my gallery and see if you think I’d be justified in raising my prices slightly!