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Why Not Me? Repricing Your Worth as an Artist

Why Not Me? Repricing Your Worth as an Artist

FromArt Is... a podcast for artists


Why Not Me? Repricing Your Worth as an Artist

FromArt Is... a podcast for artists

ratings:
Length:
28 minutes
Released:
Sep 28, 2023
Format:
Podcast episode

Description

Welcome to Season 5 Episode 10 of Art Is... a podcast for artists, where we brainstorm the future of the art world and the creative industries.In this episode, Lauryn and Isotta explore the intriguing world of pricing, shedding light on how it influences perceptions of work. The discussion delves into the often mysterious reasons behind high, low and sometimes seemingly extravagant, price tags. Listeners are invited to join Lauryn as she shares her personal journey with a business coach friend, revealing the shame that can accompany the process of setting prices for creative endeavors.The episode also takes a deep dive into the concept of the "selling out myth" versus the art of generating income for creative businesses through commercial enterprises. The inspiration for this discussion comes from Ash Keating, a renowned painter and muralist, whose story was featured on the 'Beyond the Studio Podcast.' The podcast delves into the sometimes murky difference between commercial practice and fine art practice, commonly recognized to live solely in the realm of the 'white cube.'Building on insights from a previous episode with Ryan Roi, Isotta and Lauryn confront the discomfort and stigma surrounding money, encouraging listeners to view it as a flowing form of energy in their lives. Lauryn narrows in on the discomfort so many of us have around selling, reframing it as something that occupies our daily lives from recommending restaurants to friends to making decisions about what to watch on tv.Listeners gain insights into Lauryn's coaching experiences with clients who grapple with setting prices for commission work and overcoming internal barriers and discomfort related to the sums involved. Isotta shares valuable perspectives from Gisela Lazarate, accomplished painter and past podcast guest on her pricing strategies, including considerations of seasonality in when and where to sell. The episode emphasizes the critical first step of writing down why one's work is exceptional and why someone would derive value from it when establishing fair prices. The discussion also highlights the significance of not having to justify your prices as an artist and instead clients accepting prices at face value.Lauryn also mentions how experience, can play a significant role in pricing decisions and advocates for offering multiple price points to cater to both higher-end and lower-end markets.Ultimately, the episode concludes that the real issue isn't the price itself but the thoughts and perceptions surrounding it. Drawing inspiration from Virgil Abloh's pricing standards and featuring a clip from Kate Salenfriend, who encourages artists to seize opportunities and not question, "Why me?" but rather, "Why not me?" The episode serves as a powerful reminder not to underestimate one's capacity as an artist and to confidently value one's work in the art market.Topics covered: The price behind work, products and services How people justify high sometimes crazy prices Lauryn’s experience with her business coach and unpacking the shame that can come around setting prices Examples of the “selling out myth” vs generating income for your creative business from commercial enterpriseAsh Keating, painter and muralist story as heard in ‘Beyond the Studio Podcast’ https://beyondthe.studio/episode/ash-keating Commercial practice vs fine art practice ‘white cube’  Building off episode 6 with Ryan Roi, confronting the discomfort around money and seeing it as a flow of energy Confronting the material word and learning how to sell, how we sell in our daily lives to our friends and family on where to eat and what to do etcLauryn’s client’s experience with setting prices for commission work and unraveling the discomfort and internal blocks around the sum Gisela Lazarate’s helpful insights around pricing your work in advance and seasonality in selling Not overpricing but valuing your time and experience Writing down why your work is great and why someone would get value ou
Released:
Sep 28, 2023
Format:
Podcast episode

Titles in the series (89)

We are brainstorming the future of the art world. On Art Is… Isotta Page encourages other emerging artists, students and early-career creatives to collectively visualize the future of the art world and the creative industries. Season 1 is a narrative miniseries—7 short monologues designed to spark your interest and introduce you to creative knowledge tools, emerging tech, innovative business models, and alternative mindsets impacting artists today. Season 2 revisits each theme from Season 1 through conversations with creative thought leaders, emerging artists, and change-makers in the tech industry, design world and startup space. Season 3 follows the theme 'artists leveraging tech' and dives into new ideas around digital strategy and leadership for artists and creatives. We also return to topics from past seasons including: learning from beyond the traditional art world (especially startup and design spaces), exploring alternative business models and investigating the opportunities presented by emerging tech (NFT's, Metaverse, Web 3 and more! ).Art Is... seeks to destigmatize storytelling, break down barriers between creative disciplines, and embolden artists to broaden their perspectives by learning from other industries. On the podcast, we push back against traditional art world norms to gain agency over our art careers and work to build a creative community that will change the landscape of contemporary art and beyond.Rate, Review & Subscribe!Follow us on InstagramDonate