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Hourly Earnings, Part 7: Open House

12/14/2010

3 Comments

 
Picture
This is the fourth year that I've held an Open House around the holidays, and it has become a thoroughly productive event for my business. Not only do I sell a lot of pots, I get to unload all the seconds that have accumulated in the past year, and float out new designs to see how my existing customers react. (new sugar+creamer sold in 15 minutes, new dinnerware was a smash hit.) It's a good way to end the year, and to gain some direction for the next year. 

An Open House is very different from an art festival on many, many fronts. For starters, there's no booth fee! However, just like a good art festival will spend your booth fee on marketing and infrastructure, you must do the same for yourself. I printed and mailed a postcard invitation, and provided food and snacks for my customers and my guest artist (photographer Laura DeNardo). Those expenses added up to $318, which is still less than the booth fee of most good-quality art festivals. 

The time and labor requirements are very different too. The middleman known as my car is eliminated. I only need to move my display and pots from one room in my house to another room. Much easier. But, and this is a big "but," I also have to remove the furniture from my living and dining rooms, and thoroughly clean the place! The net result is ... setup and takedown for an Open House takes more time than taking my display and pots to a festival site. Here is my living room transformed into a showroom, and my guest artist, Laura, with her photographs. 

But, and this is an even bigger "but," here's where an Open House is far more efficient with time. Unlike the casual browsers that must be seduced at an art festival, the attendees at an Open House are already fans. They have signed up for my mailing list, responded to an invitation, and gone out of their way to a private residence with the intention of buying. This means the selling can be condensed into much shorter hours. We were open for 5 hours on Saturday, and 4 hours on Sunday. That's not even long enough to need a pee break. And compare that to the 28 hour marathon that was Artscape Baltimore. 

For the first time, my gross sales at the Open House were actually higher than Artscape. After factoring in all the differences in cost and time, I earned $46.81 per hour. In other words, the Open House blew away all other forums for selling.

This is officially the end of The Hourly Earnings Project! Looking back, I'm really glad to have undertaken this year-long exercise. I am earning a respectable wage for my work, and now I know it. Looking forward, it'll be nice to get back in the studio without a stopwatch. 

I may not put the stopwatch away for good. I plan to add an online storefront, on a small scale, to my business next year. So possibly at this time next year, I will write about the hourly earnings of online sales. 

Happy holidays to all! It sure feels like winter now, it is fr-fr-fr-freezing here in Maryland!
3 Comments
Victoria link
12/16/2010 06:47:45 pm

Interesting to read about the advantages of having an open house, its not something I've tried myself - I think it'd be quite scary to have lots of people in your house!

Sounds like its gone well for you though : )

Reply
Jennifer
1/4/2011 03:46:22 am

Many thanks for this "series" of posts.

Reply
Kay
3/30/2011 05:52:59 am

This was very very complete and detailed. Thanks for sharing! Your work is lovely, I agree that while you love the everyday pieces, you should get paid more to make the larger, more detailed pieces. Best wishes.

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    Mea Rhee (mee-uh ree),
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