A national company specializing in artwork for hospitals has inquired about a one-time licensing of an, as yet unspecified, Arizona landscape from my collections for use at a hospital in Phoenix.
They have their own printing service to make the actual print so I don't have to worry about any of that. I probably will only have to supply my original post processed master file.
Here is the kicker... they want to make a 10 foot by 8 foot wall mural. I'd guess it is for a prominent location. I'm clueless what to charge. I've never had anyone ask to make a 10' X 8' print before. LOL!!!
Does anyone with experience with something like this have a suggestion?
A lot, especially if they want an exclusive license. :-)
Search the forums for a link to a stock price calculator, and/or you can go to a stock site (Getty, Alamy), and price a similar picture as if you're a customer ...
OK... I went to Getty and inquired on a one-time licensing fee to print a couple Arizona landscapes as "artwork/decore" for in-house use by a company in the medical field.
The price was $550 and $590 respectively for the two I looked at so far. That is the type of licensing I'm being asked for.
I think I know why these guys searched long enough to find me. In general decent Arizona landscapes in the Getty collection are hard to find. LOL!!!
I checked out Alamy... their price calculator for what I'm being asked for is kinda funky because they require a print size that does not make sense to me... Getty had no print size selections for their calculations... Alamy prices ranged from $375-$1300 depending on their nonsensical size selection...
So, for my WAG on this one I will probably go with $450... high enough to be reasonable and low enough for repeat business.
Btw, I am not planning to submit anything to Getty or Alamy. I don't think a lot of their landscape stuff is very good and don't want mine mixed in with that.