How Do Artists Make Money?
Valerie Atkisson | ArtBistro
Out of Studio
Many artists sell their work out of their studio by arranged visits or open studios arranged with other artists. If you are represented by a gallery, that agreement may extend to “studio sales” or all sales of your work. If you do not have a formal relationship with a gallery, you obviously retain 100% of the sale.
READ: How can you get the most out of open studios?
READ: Best Practices for Selling Work Online.
Artists will do work on a commission basis. If collectors want a personalized work of art like a portrait, they will commission an artist. The artist sets the price and usually asks for a percentage of the price up front.
If you have a formal relationship with a gallery, they will likely take a cut of any commissioned work that they bring to you. Terms of commissions will be stated in your contract. Artists who do a lot of commission work have been interviewed to give you.
READ: Best Practices for Making Commission Work