Since I'd love to be a commissioned painter for folks, I often ask 'what is a fair price?' .
So far I have sold two items, each time for profit...but not by much.
Simple fact for me it, I love to paint. Even better when it's for someone else, the motivation is at an all time high.
And you want to out do yourself, to provide a top of your game standard.
My ForgeWorld terminators cost me £36 and I sold them for £41. Most commissioned folks wouldn't even think about that price.
I paint a Legion Praetor for £25, the pair came in at £27 but the buyer only wanted the terminator armoured one. This left me with a free model there abouts.
Basically I accept that I'm not going to make a shed load of money, nor do I really want to.
I have seen prices knocking around for about £5/$10 per stand model ( tactical marine), discounts for 5 or more usually.
I offer my tactical sqauds out for £35, is that a fair price? I do test models for free, if I have one in stock. Two reasons, I get to use the scheme to widen my portfolio, and two I usually learn something along the way. The whole system of selling painted models is confusing, tough, and unregulated. I guess you have to luck out and get a few regular customers. If you're rreading this and it sounds like a good deal to you, or you want look me up and haggle a bargain here's my Facebook page.
https://m.facebook.com/manufactorum