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Showing posts from March, 2023

The Other Side of Customizing - Pricing Your Art

       Everyone loves a beautiful model at a price that fits our pocketbook. It's quite common for a potential customer to ask the artist if they will take a lower price, or pay for postage, or both.      Let's do a little math to see if a hypothetical artist should take an offer that is lower than her asking price of $100 postage paid. To simplify the math, let's say the model is a repainted Breyer Stablemate (in bay) without any customizing. We'll look at the costs of the model, supplies, the time it takes to create the art, and the costs of doing business online as an individual not running a business. I'll use Michigan's 6% sales tax, 4.25 state income tax, and 12% federal income tax. Stablemate:                    $3.99 plus .24 tax = $4.23 Cost of the Stablemate (let's assume they didn't have to pay shipping) Prepping supplies: Files (Harbor Freight):     $6.99 + .42 Tax = $7.41 Sanding sticks ten per pack (Hobby Lobby): $1.99 +.12 Tax = $2.11 Sand