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WILLIAMJHOCK | 15:06 Wed 20th Oct 2004 | Business & Finance
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i have been approached by several  people who wish to buy my photographs for home decoration, how do i price my work so as to make a realistic profit.

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work out your costs and then add an appropriate margin to sell your photographs at "market value".  This could be any range???  How much do you think your customers are prepared to pay?
Apparently the more you charge the more someone is likely to buy, as they feel like they're getting something for their money. Sounds strange, but it's how the retailers work - people who buy clothes from Next feel like they're getting better products than the clothes in Poundstretcher purely cos they pay more. I would have a good think about how much time you have taken to compose a photograph and, as a professional, give yourself an hourly rate. Then add the cost of printing and materials. Don't sell yourself short and remember that you own the copyright on the photos - the customer could be paying for the privilege of having a unique photo if you choose not to make more than the one print.

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