I'm interested to see how your pricing hypothesis plays out. I say this as someone who enjoys art and owns a couple of pieces.
how the artists’ studio was this cool warehouse space that was overflowing with unsold paintings
There’s so much amazing art out there, collecting dust in studios.
It could be that people want payment plans, or that artists need better marketing tools.
My hypothesis is that a lot of art is priced significantly above what the market considers acceptable. The alternative to buying one-off art from an artist is Pier1, Target or posters.com not an art gallery. How does the typical consumer justify a X00% markup?
If artists priced their goods at a price-point that drove sales, would there be an increase in renown that would allow them to sell at higher prices later?
I'm interested to see how your pricing hypothesis plays out. I say this as someone who enjoys art and owns a couple of pieces.
how the artists’ studio was this cool warehouse space that was overflowing with unsold paintings
There’s so much amazing art out there, collecting dust in studios.
It could be that people want payment plans, or that artists need better marketing tools.
My hypothesis is that a lot of art is priced significantly above what the market considers acceptable. The alternative to buying one-off art from an artist is Pier1, Target or posters.com not an art gallery. How does the typical consumer justify a X00% markup?
If artists priced their goods at a price-point that drove sales, would there be an increase in renown that would allow them to sell at higher prices later?