With the market constantly evolving, it's crucial for commercial artists to explore different sources of income as well as regularly review their rates to ensure sustainable profits in the long run.
Openly sharing this information helps break the money taboo between artists, fostering transparency and collaboration. By discussing numbers, we can break down barriers and gain valuable insights into how to make a living from our art while shaping the future of the industry.
We surveyed our global audience of freelancers on their experiences as commercial artists or aspiring creatives, and we received a response of over 500 answers. Now, let's dive into the key findings!
Based on our 2023 survey responses | Percentage of responses
The location of freelance lettering artists and illustrators who participated in the survey has a significant influence on the results. Geographical location can impact various aspects of their careers, including client base, market demand, pricing, and competition.
in Lettering & Illustration
Unlock Your Income Potential as a Lettering Artist or Illustrator by Joining this Workshop
Don't miss this incredible opportunity to take part in our once-in-a-year FREE workshop series designed to help you create a sustainable income with your lettering and illustration skills. Over the course of 4 days, you'll join a vibrant community of hundreds of creatives on a mission to make a living from their artistic talents.
Based on our 2023 survey responses
The majority of creative freelancers (58.2%) work 20-40 hours per week, followed by 10-20 hours per week. Only 5.5% work less than 10 hours per week.
Based on our 2023 survey responses
93.8% of the established and newcomer freelancers who participated in the survey do client work, while 6.2% don't. Remember, client work is not the only way to freelance!
Based on our 2023 survey responses
36.5% of the commercial artists in our community take on 5 to 10 projects per year, closely followed by 10-20 yearly projects for 29.9% of surveyed freelancers.
Based on our 2023 survey responses
When asked about additional sources of income, surveyed artists highlighted Shop (online or physical) as the most popular, followed by Teaching and Workshops. Artwork licensing, ccollaboration projects and books royalties followed.
27.4% of freelancers don't have alternative sources of income.
Based on our 2023 survey responses
Client work and commercial projects were the primary sources of income for the surveyed artists, followed closely by owning a shop and collaborating with other professionals. Teaching, although popular as an alternative income source, ranked fourth in revenue, followed by artwork licesing and other sources of income.
in Lettering & Illustration
Unlock Your Income Potential as a Lettering Artist or Illustrator by Joining this Workshop
Don't miss this incredible opportunity to take part in our once-in-a-year FREE workshop series designed to help you create a sustainable income with your lettering and illustration skills. Over the course of 4 days, you'll join a vibrant community of hundreds of creatives on a mission to make a living from their artistic talents.
Based on our 2023 survey responses
Among the types of projects provided, Advertising emerged as the most profitable, with an average income generation of $8,000 per project. Branding/Packaging closely followed.
Based on our 2023 survey responses
When asked about their satisfaction with how much they charge, 50% of artists reported being okay but knowing they could charge more, while 43.2% felt they were undercharging.
Only 6.8% expressed satisfaction with their prices.
93.2% of freelancers feel they could charge more.
Based on our 2023 survey responses | non-exclusive responses
Among those who felt they were undercharging, 63.2% cited fear of losing clients by overcharging, 35.3% lacked the confidence to charge more, 29.4% felt unsure about how to calculate their fees.
Additionally, 8.8% felt like the less they charge, the more work they will get.
Based on our 2023 survey responses | non-exclusive responses
For artists who haven't launched their businesses, 40.5% expressed fear of not making enough money, while 31% believed they lacked guidance. 37.7% felt they lacked the necessary talent, and 21.5% had attempted but didn't acquire any clients.
in Lettering & Illustration
Unlock Your Income Potential as a Lettering Artist or Illustrator by Joining this Workshop
Don't miss this incredible opportunity to take part in our once-in-a-year FREE workshop series designed to help you create a sustainable income with your lettering and illustration skills. Over the course of 4 days, you'll join a vibrant community of hundreds of creatives on a mission to make a living from their artistic talents.
Thank you for participating in the survey and sharing these results with fellow creatives.
Understanding your income-generating options and pricing correctly is crucial for building a sustainable creative business. By coming together, we can elevate the industry and empower artists like you to succeed.
We're in this journey together!
in Lettering & Illustration
Unlock Your Income Potential as a Lettering Artist or Illustrator by Joining this Workshop
Don't miss this incredible opportunity to take part in our once-in-a-year FREE workshop series designed to help you create a sustainable income with your lettering and illustration skills. Over the course of 4 days, you'll join a vibrant community of hundreds of creatives on a mission to make a living from their artistic talents.
Secrets to Success in Lettering & Illustration
Unlock Your Income Potential as a Lettering Artist or Illustrator