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      CommentAuthorChinchilla
    • CommentTimeAug 21st 2008
     
    I created some artwork and had it printed onto Canvases for my daughters bedroom
    and the owner of the Canvas company has just opproached me, with view to selling
    my artwork on a market stall and he is also interested in other designs I may have to offer.
    Regarding the payment I'm not sure which is the best way to approach this.

    would you.

    1) Go for a one off payment, then the artwork is his forever.

    2) Go for a say a 3 month payment, then a renewal after that.
    (this way he can assess which designs are selling better)

    3) Take a percentage out of ever sale. (hard to tell how many he is selling, unless I employ some detectives)
    • CommentAuthorBiff
    • CommentTimeAug 21st 2008
     
    I'd approach this like any other business to business transaction.

    Get some sales figures from some of his other products, see how they're doing, and volume, then decide after you get that info.
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      CommentAuthorchris
    • CommentTimeAug 21st 2008
     
    post some images of them :D
    • CommentAuthorBiff
    • CommentTimeAug 21st 2008
     
    Well, yeah, that too.
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      CommentAuthorGearedUp
    • CommentTimeAug 21st 2008
     
    1. Try releasing them in a limited edition signed and numbered run of 100 or so. That way you know how many he has to sell and then decide on a percentage split of the profit.

    2. Take an up front licensing fee and a small percentage of future sales.

    3. Post some images of them.
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      CommentAuthorChinchilla
    • CommentTimeAug 21st 2008
     
    Cheers for comments
    I spoke to him earlier on and we've verbally agreed on a 40%(me) 60%(him) split on the profit made on each canvas.
    It's just for the next few weeks to see if they sell and we then we'll discuss things further if need be.

    The artworks backed up on a CD somewhere now, I'll try and dig it out and post it up when I get a minute, just a
    bit upside down at moment.
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      CommentAuthorsquapple
    • CommentTimeAug 22nd 2008
     
    GearedUp said...1. Try releasing them in a limited edition signed and numbered run of 100 or so. That way you know how many he has to sell and then decide on a percentage split of the profit.

    2. Take an up front licensing fee and a small percentage of future sales.

    3. Post some images of them.


    This is good advice ;)
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      CommentAuthorechoes
    • CommentTimeAug 22nd 2008
     
    Your percentage rate seems fair. I would also number and sign them. You might consider doing a run and then buy back (discounted) the remaining ones and sell them on your own.

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