When starting out in any business, quoting is always a touchy subject.
Are you pricing too low, too high, or just right? And are you going to be making a great return from the price you’ve charged? Sending out quotes is always a nerve-racking event at the beginning.
The fear of getting rejected can often make us lower our prices and charge much less than what we are worth.
I consider myself as an artist that is full of new and exciting Ideas.
YES, there is no question that there should be a price allocated for your artistry and creativity. It is always a challenge to explain to the clients, for the simple reason that creativity is not tangible. I believe, there are two ways you could charge for your creativity.
Bear in mind that the level of details is also a significant factor, e.g with or without fruit carvings
Now
First: For example, If your fruit arrangement has a price tag of $100, then add another 100-200% for your artistry so selling price should be between $200-$300 or you could use the 50/50 pricing model. Spend 50, make 50. Make sure all your costs and expenses are doubled in your final price. By expenses I mean everything– physical tools and the likes.
Second: Most of the time because we spend so much time preparing fruits, carving and transporting them, you can have a “creative fee”. This fee is calculated, based on the hours spent in making a particular display. Most of my clients are ok to pay additional cost after they have a conversation with me and are made aware of all the effort that goes into making a custom order.
There is so much to share on the topic of PRICING but I hope you find this blog post useful regardless.
Please leave your comments below, its always a delight to read them.
Hilda
Great job you are doing Hilda. May God continue to bless you.❤️❤️❤️.
Thank You Temitope
Awesome tip on pricing really helpful. In art its adviced to fix a price you pay yourself per hour, it means you multiply how many hours spent by how much you pay yourself.
Thanks hilda
You’re very welcome
This is great. Very useful point. Thank you Hilda
Great point. Thank you Hilda. This is very useful.
Thank you for this. Very useful point. Hilda
This is so helpful. Thanks ma’am
This is so helpful. Thanks ma’am
Thanks so much
Awesome tips on pricing
Thanks hilda ma’am. What would u say on location (distance, eithin and outside your location/state) and service charge
You need to factor in ALL charges. Always have them clearly stated so you do not run at a loss