July 28, 2010 FOR SALE – Everything must go…
It’s very tempting when sales go down to reduce your prices. Perhaps that’s a natural thing to think about doing, after all, you’ve got bills that need to be paid and rent is due!
Before you make this decision, here’s a couple of things to think about:
1. Although people like to get a great deal, few if any want to purchase something cheap. If they did then people wouldn’t buy the new styled cars or that fancy new iPhone. If you price a thousand dollar painting for a hundred bucks, does it appear a bargain… Or just a painting with little to no value?
2. It’s important for you to think about the transaction you’re about to partake in. You’re about to give someone a piece of your emotion. It’s unique; the only one of it’s kind in the world. In exchange you’re about to be given something that just about everyone has a little of; something common and in abundance… Even if not for you at this time.
Now of course I appreciate that at times you just have to bite the bullet and make a sale to make those ends meet but before you start practically giving your art away, think about what you’re doing.
If i offered you something worth a thousand dollars for a hundred bucks, the first question would most likely be, “Whats wrong with it?”
Value your art,then perhaps others will too.
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