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How much commission do artists get for selling?
Every gallery is different, but most galleries take somewhere around a 50\% commission from pieces you sell. Some take 40\%, but rarely do any take more than 50\%. Some galleries take a very small percentage in exchange for a monthly payment. Say it costs $300/mo to display in the gallery, but they only take 30\%.
What do art dealers charge?
Art dealers make money from the sell of artworks. Usually art dealers get a commission of the sell. The commission can range from 30 to 60\% in the primary market. The secondary market is rather different, usually commissions here start at 5\% for artworks over a million and can scale to 20\% for art works under $100,000.
How do I start selling art commissions?
8 Tips for Artists Accepting Commissions
- 1 – Timing is key.
- 2 – Don’t be shy to state your terms.
- 3 – Ask for a payment up front.
- 4 – Know exactly what you’re being asked to do.
- 5 – Cherish your good clients, and learn to manage difficult ones.
- 6 – Know your market.
- 7 – Have a method to pricing your work.
How should you price your art commissions?
One way to price your art commissions is based on your own expenses. You’ll need to hit a certain revenue goal in order to be able to cover your expenses and pay your bills. So, calculate how much you spend on an average month and add a bit more as a safety net for unexpected expenses or savings.
How much should I price my artwork?
But if you’re going to sell through a gallery or an online art retailer that takes a commission, pricing artwork will involve understanding how much of a cut they will take. Let’s say you set your art commission prices around $500 a piece. There’s a good chance that if you sell through a gallery, you will get 50\% of the sale price.
Is it possible to make money by selling art online?
No, definitely not. Surely, not all of your audience will be unable to afford your art. If you search and you market your art efficiently, you’ll still be able to attract high paying clients. But, if you prefer, you can always offer your services to a different target audience that suits your income goals better!