Originally posted by Kozlok Find out how much money your buyer has, and charge that.
That's about right!
Some people will pay a lot for an image that really resonates with them, others will buy cheap, mass-produced junk to decorate their space.
Producing your work usually takes a lot of time, effort and expense. I refuse to lower my prices to mass-market levels just to appease some shop owner or his cheap customers, they're obviously not the right market. Do not let yourself get involved in a race to the bottom.
If I can't make at least a moderate return on my art prints, I won't produce them for sale. I may give a few to friends or otherwise get them out where they can silently advertise for me and, every once in a while, I'll make a worthwhile sale.
It's a tough commodity type market.. unless you're already notorious for some other reason.
Sort of the opposite of when people come to hire you as a service, providing photography, of which prints are an expected end result.
In art, connections and luck will do more for you than talent, as I've seen many times.
Don't get discouraged, do it for the joy of it. Boost your pride and hone your skills with your local photo clubs and organizations who often run internal challenges or contests. Some of them may even oganize sale events where you may have a chance to get your work noticed and sold.
As for pricing - I go by the square foot, different rates for different types of prints (canvas, premium matte, etc.) and don't get caught up in the "limited edition" nonsense. That only seems to work if you're already a known name.