For customers seeking unique original art, photography, and design, we’ve launched Minted Commissioned Original Art (BETA), a new program that is limited to U.S. consumers and Minted artists during our initial beta period.
Minted believes in protecting the value of artists’ work and creating a marketplace that will help independent artists thrive. To prevent a pricing race to the bottom, we’ve set a minimum price of $75 per commission. Our independent community of artists create a variety of styles, mediums, formats, and with that comes varying prices. Artists set their own price for Commissioned Original Art (BETA) projects. Please keep in mind that artists keep 80% of the price quote and Minted retains 20%. Your price quotes must include shipping costs.
Pictured above: Lauren Rogoff is a Minted Artist who specializes in custom pet portraits. She posted this photo of herself on her Instagram, @wanderinglaur, during a Minted press event in New York in July 2016.
How Does Pricing Work in Commissioned Original Art?
Minted artists will set an estimated price or price range for various sizes (S-L) and complexities (Simple-Complex) of projects you will have available for commission. You will not set a final price for a project until you discuss the project with the client and agree on the scope. By this time, you’ll also know the estimated size/weight of the finished product and the shipping address, so you’ll be able to accurately estimate and account for the insured shipping costs. You may also need to include any sales tax in the price depending on the state where you live, and the location of the customer.
Based on the photo she received of her client’s French bulldogs above, Lauren Rogoff created this pet portrait.
What’s the Right Price for My Work?
If you’re looking for a one-size-fits-all formula for pricing commissioned work, you might not find one. But after interviewing several experienced commissioned artists, we’ve identified common threads for best practices. Here are eight tips to help you find your pricing sweet spot.
1. Do Your Research to Get a Ballpark Figure
When initially thinking about your price range for commissioned work, it’s helpful to get a sense of the market on other sites, especially for your particular style and medium. “You don’t want to charge $10 or $1,000 when your competitors are at $500,” says Lauren Rogoff, a Minted artist who specializes in animal and pet portraits. “Even if your work is distinct stylistically, it helps to know what customers are spending.”