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Galleries often add on anywhere between 33% and 100% to your price as their commission. Commission on work sold through boutique shops or specialist stores may reach as much as 250%, or more. Rene Gimpel from Gimpel Fils gallery talks about artist/gallery relationships and commission.
The most popular ways of accepting payments online Use an online payment gateway. Use a third-party marketplace. Use email invoicing. Use mobile payment apps. Use eChecks with ACH processing. Use cryptocurrency payments. Use electronic bank/wire transfers.
Discuss the scope of the agreement and the duties of both parties Determine what services or goods are being provided by the commissioning party. Agree on a timeline for services or goods to be provided. Define the duties of the commissioning party. Define the duties of the party receiving the commission.
A Commission Contract generally includes: An Introduction that explains the project, defines the artist and commissioned, and details the specific work that is being commissioned. Payment Terms and Agreement that specify the agreement for payment installations.
Most artists charge a fixed price per square inch on the canvas and multiply that dollar amount by the size of the canvas. For example, an average price point is $1 per square inch. If you request a 16" x 20" art piece, that is an area of 320 inches. 320 x $1 per square inch is $320.