While I personally would love to charge X price for something I do based off the time it took me to do it, if I take 10 hours for something that similar people take 3 or less hours, does not automatically make my stuff worth 100$.
I have to be real and realise that what I offer VS what others offers for 100$ does not cut it and thus I have to charge accordingly.
YES there will be always someone that would pay premium price for someone whose perceived value of what they do is higher than what it is really by a majority, but those outliers increase in percentage depending on the following that person has; ie someone popular can charge 100$ for something other people charge 20$ just because the people that are willing to pay for that are higher.
Art is entirely subjective tho; however it only takes a quick glance on your price vs what other offers for the same price to gauge whether or not what you offer may or may not be priced a bit higher than what the market offers overall.
You can live off it of course, and rely on outliers or fans that pay premium, but that does not lift the fact that you are offering low value VS others with similar price and style.
It is very easy to get offended when someone points that out, in that case, take a deep breath and realise those that point it out (Politely or not) aren’t part of the outliers that are willing to pay a premium price and are rather, normal consumers that are looking into a competitive market and want to get perceived value off their own money.
If you’re relying in perceived premium prices, you have to get off your high horse and not attack those that do not agree with it, as you’re ultimately, someone lucky that have a strong fanbase allowing you to live off it.
Suffice to say that “perceived value” is more about comparing what you offer vs what others offer in the similar price range. You may not agree with it, but such is this market.
You ‘can’ charge what you want, if it works good for you, but you’re no relying on a normal consumer, but a premium one.
It does not lift you from criticism or suggestions from a non premium serving consumer. And you should not minimize their opinion
And this is a perfectly valid argument when discussing price/value in artwork.
Just don’t be cocky about it.