Life's a Pitch - Pricing and Payment

How much will people be willing to pay?

Redbubble 300mm x 400mm Art Print - Base Rate £9.35.

I looked at Etsy to look at the pricing of art prints but there is such a range of prices that it is hard to define what is the most popular range. Most prices on the first page of 'highest relevance' prints are priced between £5 and £30. Personally, I think £20 should be our upper limit so people think they are paying a reasonable price but not too little that it is exploiting the artist. Obviously this will take more research and discussion with the rest of the team before decisions are made.

Art.co.uk are also selling prints mainly between £5 and £35 on their bestselling page. Some of these are famous paintings though which have been reproduced a lot already so this is a bit different to what our business will be selling which are new designs. 

How do people prefer to pay?

The options for paying online are by card or Paypal. I think people have more trust in Paypal as a payment method and the majority of people who shop online have an account. Even if they don't it is easy to set up. I am not sure how it works exactly but it might also be a way of paying the artists when we make a profit on their work. 

The options for Paypal are to have a free business account which means you can accept payments from people via Paypal. The upgrade would probably be more appropriate for this business because we would want a checkout directly on the website to make it appear safer and professional.