Pricing Your Work
Pricing Your Work
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Pricing can be a tricky, and often uncomfortable topic for creative businesses. This hour-long session aims to demystify pricing so that you can introduce your work to the world knowing that you have a viable and profitable business.
We will look at pricing your work for both retail and trade audiences whilst staying mindful of creative growth and exploration. For many creative practitioners pricing isn’t just about the publicised cost of your work, we’ll balance facts and figures alongside your time personal circumstances.
Things we can consider...
- your making capacity
- what you need to earn and what you'd like to earn
- which earning streams are the most viable for you in terms of profit (and enjoyment). If you don't know yet don't worry!
- getting your product portfolio to match your financial requirements
- how to incorporate passion project and creative play time
- what products to offer to which markets
Ultimately, taking care of pricing gives you the capacity for more making time, and most importantly helps prevent you from feeling like a hamster on a wheel that doesn’t generate much power (money)! Whether you are a new or established creative this session is designed to help you ask questions about your pricing and query your customer facing numbers. If you haven’t yet settled on your prices, the session is a great starting point for making sure you get what you need financially from your work. If you're an established business, is it time you carried out a little review of your figures?
Please be aware you will need to do some homework before this session! This workshop won't work if we don't have baseline information to work with.
What’s included...
- 60 minute private Zoom or face-to-face session (this can be split if required)
Is this for you?
This business support session is for you if:
- you pluck your retail prices out of thin air (yes I've been there, no judgement!)
- you're not sure on the difference between cost, trade and retail prices
- you don't seem to be making money with you business, or worse you think you're making a loss
- you have no idea how long it takes you to create a piece or what your material costs are (I've been here too!)
- your pricing doesn't include your overheads or your time
Length of session = 60 mins
This session is available via zoom, or at my studio space in Mytholmroyd, West Yorkshire
