Another lesson for professional studies was on pricing and costing our work. We learned that the value of our work is influenced by a number of various factors:
Quality & Distinctiveness
Reputation & Experience
Geographic Location
Competition from others and lastly price.
Is the price I'm selling at profitable from the cost of my work.
OVERHEADS - Costs general to the business
DIRECT COSTS - Specific to a piece of work
We were told of websites to look at regarding this, they are:
https://www.nuj.org.uk/site-search/?keywords=freelance+fees+guide
https://www.a-n.co.uk/explore/news/for/the+artist+fees+toolkit
For the selling and cost - Work out how much it costs to print the image then times that by 4, rough guide. Think who you're selling it to.
Quality & Distinctiveness
Reputation & Experience
Geographic Location
Competition from others and lastly price.
Is the price I'm selling at profitable from the cost of my work.
OVERHEADS - Costs general to the business
DIRECT COSTS - Specific to a piece of work
We were told of websites to look at regarding this, they are:
https://www.nuj.org.uk/site-search/?keywords=freelance+fees+guide
https://www.a-n.co.uk/explore/news/for/the+artist+fees+toolkit
For the selling and cost - Work out how much it costs to print the image then times that by 4, rough guide. Think who you're selling it to.
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