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Woodworking is BULLSHIT!
Episode 24 - Increasing PRICE POINT & the Ethics of doing so (w/ Jack Thomas)
Nov 27, 2024
Explore the intricate art of pricing in the creative world. Dive into the ethical dilemmas artists face when raising their prices. Discover personal anecdotes about pricing strategies in woodworking and printmaking. Unpack the balance of perceived value and market demands in selling handmade goods. Join a spirited debate about accessibility versus profitability for artisans. Plus, hear insights on the unique value of skill in crafting and how scarcity affects pricing.
01:12:23
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Quick takeaways
- Establishing a pricing formula that includes material costs and hourly wages can provide clarity in determining art's value.
- The ethical implications of charging different prices based on clientele must be carefully navigated to maintain market integrity.
Deep dives
Introduction to the Guest
The episode introduces Jack Thomas, an artist and creativity coach with a strong background in fine arts. Her passion for understanding the complexities of art and its societal intersections reflects her deep commitment to the field. Jack’s curiosity and professional experience position her as a valuable voice in the discussion surrounding creativity and pricing in art. The hosts express their admiration for her insights, which have led to a collaboration after she created impactful reaction videos to a previous topic discussed on the podcast.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode