Cut of the swag on Framed Art?

[Radtech1]

OK, I am close to setting a price for some shots to be used in advertisements. They also want to sell some of my photos as part of a calendar and even as framed art in the gift shop. Do I ask for a % of the sales, if so, what? Or should that covered in the licence to use the shot.

What do YOU do?

Thanks,

Rad

[Mike Panic]

use this as a guide to figure out the price for the calendar: http://www.iphotoforum.com/forum/viewtopic.php?t=3754

for the framed art work... provided they are using it mearly as eye candy in the store and not for resale, sell it at face value for what its worth... if you are typically getting X dollars for a print, figure out what framing is going to cost you and double that, add in your normal print prices and you've pretty much got your idea

[Radtech1]

Originally Posted by Mike Panic

for the framed art work... provided they are using it mearly as eye candy in the store and not for resale,

No eye candy, this is for resale. They are going to print up X quantity of Sm, Med and Lg framed, matted and glassed to be sold in the gift shop. The question is should I require a percentage of the sales? If so, what is a ballpark percentage?

Rad

[vwpilot]

There is no calendar at that link Mike.

Dont ask for a percentage of sales, there really is no good way to keep track of that. You need to come up with a price for what they are going to do.

Ask them how many calendars will be printed, how many of your photos will be used and what size will they be. Then you need to know how many prints of each size they will be printing and you need to work up a price for all that depending on what they say. Then you need to make sure there is contract holding to the numbers they say. If the prints sell really well and they want to print up more, make them come back and pay you for the further printing.

This could be a very lucrative sale for you. I would really consider buying some pricing software to help you out in pricing all this out. It may seem expensive, but it will more than pay for itself in this venture when it makes sure you are getting what is fair for what you are providing.

I suggest FotoQuote, www.fotoquote.com as it will have pricing for everything you are asking about. All you got to do is pop in the numbers and it will spit out a price range for you. Check it out.

[IndyJeff]

I concur pretty much what VWPilot said and would add, write up a contract that allows for use in a calander, and as prints for sale limited to X number of prints at $XXX price. A second printing would be allowed with an addendum to this contract at $XX pricing for additional runs of the print.