Results of My *Pay What You Wish Week* Gives Artists Ideas For Earning Passive Income

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As I mentioned in my previous articles here and here I’d like to share the results of my Pay What You Wish week ( Oct 30th – Nov 5th).

One artist wrote–

“Dear Marie,  hope you’re well, :-D! I’ve just purchased 2 of your wonderful ebooks from your “pay what you wish” campaign. I’m in not-so-good economic times and I could only provide a small amount of 5 dollars per ebook. I know the value of your ebooks is much higher. And I know you’ve worked hard to write them. I can’t  pass up the opportunity to get this great stuff, but I feel bad about not being able to pay a fair price. I hope you do not consider an offense, my small contribution, and accept a compensation from me. I can send you an original piece of my art, an original drawing, for example. Maybe, after reading your ebooks it’s time for me to open an eShop and start selling online! :-D”
I really love this artist’s note. Also, I did let the artist know that I’d use his kind words for my article, and that I consider that full compensation–though I do love his offer of to send me an artwork!
But he absolutely got my point. I want to give artists ideas for setting up their own “Pay What You Wish” digital files. These could be digital images of artwork for download as wallpaper/screen savers, or e-books sharing various “how to” details of their art-making practice. The possibilities are endless.
Now, I will share some insights and statistics from my week of allowing buyers to pay what they wished for the items in my webstore here.
First of all, I noticed that most of the sales came on the first day and the last day of Pay What Your Wish Week.  I posted an announcement on my blog at the start of the sale and another on the last day of the sale. I tweeted about it on the days in between.
Here are the Stats from my *Pay What You Wish* week of webstore sales-
33  sales at minimum item price of $1.95/$1.99 = $64.70
8 sales at $2= $16.
24 sales at $5. =$120.
1 sales at $5.95= $5.95
1 sale at $8.00 = $8.00
4  sales at $10.= $40.
 ————————-
71 sales totaling   $254.65
Allowing buyers to Pay What They Wished netted a little over 10% of the total amount of 67 sales at regular prices ($2355.15).
So basically, artists may choose to sell select items to buyers at higher set prices, and have a few Pay What You Wish items for a higher volume of sales– perhaps achieving sales that they may not have gotten at the higher prices.
photo courtesy of freedigitalphotos.net
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Artist E-postcards: Painter Kathryn Arnold

Kathryn Arnold, e-postcard 2

Kathryn Arnold, e-postcard 2

Painter Kathryn Arnold is represented by the Sandra Lee Gallery in San Francisco, and is seeking gallery representation in Southern California and other regions.

 View more paintings by Kathryn Arnold on her website: http://www.kathrynarnold.com
Kathryn Arnold, e-postcard 1

Kathryn Arnold, e-postcard 1

Kathryn Arnold, e-postcard 3

Kathryn Arnold, e-postcard 3

Find out more about our e-postcard marketing in our web-store.

Artists: Is the email address associated with your PayPal account up-to-date? A plea!

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My apologies to 90% of artists out there– this does not apply to you. To the other 10%, guess what? I’m not your mamma! It’s embarrassing that I have to post this!

Artists, is the email address associated with your PayPal account up-to-date?

It may seem like a small matter, but if the only email address associated with your PayPal account is invalid then how will you receive the e-book or e-list item that you purchased?

I receive a lot of payments via PayPal for e-books, e-lists and e-services, automated purchases made in my webstore.   Once a payment is received into my PayPal account the item is sent within minutes of purchase to the email address provided by PayPal. That’s it. That’s the only email address that I receive. I have no idea if the email address is invalid or valid. I don’t automatically know your other active email address when your PayPal email is invalid. How would I? Once the item is sent, I never receive any notice that the email address is invalid! This stuff is automated. In case you still don’t understand I’ll try to explain.

About 10% of artists who purchase an e-item in my webstore will invariably contact me that they have not received the item. I have to tell each one in a separate email that the item was sent to the email address provided by PayPal. Predictably, they don’t know what that email address is and usually it is to an old, invalid, inactive or obsolete email account address. Once they realized this, they usually will sheepishly request a resend and provide me with a valid email address. I kindly resend the item to the new email address provided.

The craziest artist yet contacted me saying she had not received an item purchased from my webstore. When I told her it was sent to her email address provided by Paypal, she had to go check. Days later she replied that her email address on her PayPal account was invalid and that it was “irresponsible of you to send the item to an invalid email address!” (I have no way if knowing that her PayPal email address was invalid!) Her name, Kathy Smith or something equally common and perhaps there are thousands with the same name. I asked her if she expected me to search every K. Smith online and spend hours contacting each one to ask them if they had made the purchase and to request a valid email address? Get real!

Please stop the insanity and update your PayPal accounts with an active email address! Your account details are your responsibility not mine! I know others who sell online using PayPal who have to go through this same thing over and over! Make sure your PayPal account has your newest email address. Your email address may have changed since you opened your PayPal account.

A thank you to those many artists who have their account details up to date!

Best wishes

 

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