If you’re curious about the price of an abstract painting, you should know that this type of art is extremely popular. Many people are interested in this style because they think it looks deeper than the average painting. This style is also popular with high-end traders, who buy up-and-coming artists in order to maximize their investment. The upside of this type of art is that it requires less time to paint. And since abstract paintings are typically smaller, they can be painted in a scale that is more appropriate for their own tastes.
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Before determining how much to charge for your work, it is helpful to first define your target audience. It is also helpful to think about the physical characteristics of your abstract art, and whether it resembles any other art. You can start with a low price, and increase it as your sales grow. Never start too high, because this will irritate collectors and ruin your reputation. It’s okay to reduce your prices as you gain experience, and you can always raise them up again with your next painting.
When pricing your work, it’s important to consider the time spent on the painting. While time is an important factor, it should not be the main factor. For instance, if an artist has spent two days painting a particular image, then they have to charge $50 for that painting to make ends meet. If the artist aims to earn $1,000 per month, then he must charge at least that amount for the painting.