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I was considering doing something similar to help transfer myself over into full time portraiture. I was debating the costs and such and if I even wanted to offer small sketches in oils. I've been seriously considering adding a less expensive alternative for people who just can't afford a $1,000 painting but are still interested none the less.
If you can knock out a painting in one day or two and still get at least $200, that's a pretty good and fair return to start out with.
My other concern was whether or not it would take away sales from my larger works. I hope that if I get more sales from smaller pieces that it just means that they were potential large works that I couldn't get a commission for but instead was able to pick up a commission for a smaller piece. That's what I hope of course.
Seeing the success that you've had with these lately, it's encouraged me to go ahead and go forth with my own. Sometimes it takes seeing somebody else dive into the pool before you feel confident enough to swim as well.
Congratulations on what you've accomplished thus far.
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