April 5, 2010 in Home loan | Comments (0)
Tags: Amount Of Time, Apples To Apples, Art World, Artwork, Business Perspective, Emerging Artist, Full Time, Heart And Soul, Heart Soul, Hourly Rate, Houses, Limited Edition Prints, Monetary Compensation, Neighborhood, Newspapers, Pricing Strategies, Print Publications, Sell Car, Sell Your Car, Time Artist
You’ve poured your heart and soul into it. It’s kept you awake at night, made you frustrated and filled you with joy. It’s your work-your artwork, that is. If you want to make a living as a full-time artist, you’ll eventually have to part with your work in exchange for monetary compensation. But how do you put a price on something like this? Pricing artwork isn’t as easy as it seems. Many artists have difficulty in stepping back from their art and looking at it from a business perspective. Following some of the tips below will help you set your pricing strategies appropriately.
Understand the Market
If you’re trying to sell your house, you’ll look at the sales prices for other houses in your neighborhood before setting your price. If you’re trying to sell your car you’ll take a look at the newspaper and see what similar vehicles are selling for. Do the same thing when setting the pricing for your art. Get out there and see what the going rate is for artwork similar to yours. Visit galleries, look in newspapers and other print publications and do research on the Internet to get an idea of the range of prices that abound. But when you’re out doing that looking around, remember to…
Compare Apples to Apples
Make certain that in your quest to understand the market that you’re searching out artwork that is truly similar to yours. That means finding artwork:
- That sells in a location similar to yours (e.g. similar galleries)
- That is a similar medium to yours.
- Whose creator is in a similar place in their career. If you’re an emerging artist, look for artists who’ve been in the art world about the same amount of time you have.
- That has similar availability to your artwork. Make sure you’re not basing pricing on your limited edition prints by looking at others pricing on originals. (more…)
January 20, 2010 in Canvas Photos | Comments (0)
Tags: Art Art, Art Consultancy, Art Consultant, Art Consultants, Art Exchange, Artwork, Best Art, Business Service Provider, Ceo, Designers, Emailing, Framing Options, Future Art, Gipe, High Resolution Printing, Logistics, New Approach, Postcard, Technology Capabilities, Www Art
The World’s Best Art Consultancy
art-exchange.com unveils Release III of its art tool for designers
The Future Art Consultancy
Locating and placing artwork in a design project is arguably the most difficult part of the project. While some designers take on this task themselves, many enlist the assistance of an art consultant. One limitation of this approach is the consultant’s limited universe of artists. Most art consultants end up with a few “go-to” favorites.
Imagine an art consultancy able to directly access 10,000 artists, with technology capabilities aggregating art choices in a portfolio for emailing or high-resolution printing for presentations. Add the ability to correspond with clients via e-postcard including selected images. And finish with the ability to access framing options online thus enabling the designer to actually show the customer how the pieces will look framed.
Does It Work?
Can a website help you find art? Art-Exchange (www.art-exchange.com) is not a new website, not a new service, not a new company. It does, however, take a new approach to providing art to designers. And it has a new site design that Art-Exchange claims will make the service even more powerful and easier to use.
I spoke with Richard Gipe, President and CEO of Art-Exchange, to find out why he thinks his company’s service is so special. I asked him, “If you had to communicate Art-Exchange’s value to designers in a single sentence, what would you say?”
Here’s what he said: “If you want to access as much art as we have on Art-Exchange, you would have to go to 20,000 galleries, and you would have to deal with so many different sellers that the logistics would be overwhelming.” That sounds pretty good. But does the site work?
About Art-Exchange
Art-Exchange is a business service provider that specializes in solutions for the design trade. They can offer solutions to designers as an art consultancy, or they can provide solutions to art consultants to help them be more effective and efficient.
For the past five years Art-Exchange has been actively contacting artists to list their works on the exchange. Today there are approximately 100,000 different works of art created by over 10,000 different artists. Imagine searching 100,000 records to locate the perfect art solution. Nearly 60% of all the works are originals, and the remaining 40% is a variety of editions. All of these works are organized in a database, and a search engine locates works using any or all of the following criteria:
• Artist’s name
• Title
• Subject matter
• Style
• Medium
• Size
• Colors
• Price
• Orientation
Suppose you need oversized original works and price is an issue. Maybe you want only works with lighthouses. Or perhaps you need large public works. That’s how specific the search engine can be. And with the new design, if you enter several criteria and the search engine can’t find a work that matches all your criteria exactly, it will refer you to the works that match your criteria most closely, so that you don’t have to start over. As one of the new site’s designers said, “We don’t ever want to show nobody anything.”
Normally, designers hire an art consultant or visit multiple galleries or view print books to find the perfect art solution. That’s the old way of finding art. Now designers can look in one place and view tens of thousands of originals alone. This is the new way of finding art. Art-Exchange let’s designers search for all the art they need in one place. That alone has the potential to save time, but the website has some other very powerful features that give designers even more flexibility and power.
Powerful Features
One very important new feature is the Designer Portal. Art-Exchange has four different portals that members can use to enter the site. There’s one for retail clients, one for community partners, and another for artists and other sellers. But the Designer Portal is available only to designers. Once you enter the portal, you can search for the art you want, view images of the art, and immediately see designers’ wholesale pricing.
Here’s another great new feature: Portfolios. How do you keep track of the works that fit your client’s needs? You keep a portfolio. Designers can set up portfolios for individual clients, different locations, or just for future reference. It’s easy to save works to custom-made portfolios. And it’s easy to show the portfolio to clients—from anywhere in the world.
Another terrific feature is the Exhibitions section. Exhibitions include the works of around 200 artists and are compiled topically. Prior exhibitions, which are still accessible, include Realism, Landscape, Watercolor, and Impressionism. In order to have fresh ideas readily available for clients, designers need to be reviewing art all the time, and these exhibitions can help. It takes only fifteen minutes to view an entire exhibition.
Another feature that can help designers and clients work together—especially when clients have trouble describing their interests—is the Postcard feature. Clients can go to the website to browse for themselves. They can view an exhibition, browse by artist, or do a search. When they find something they like, they can send images to their designer using electronic postcards.
Soon, Art-Exchange will even offer the ability to create Custom Frames online so that clients can view the artwork in different frames and choose the one they like best.
Full-Service Art Consultancy
Art-Exchange goes far beyond just the website, however. They also provide full-service art consultancy. They have a full staff of qualified art consultants who can do as much or as little as a designer wants them to. Anything a typical art consultancy does, Art-Exchange will do. If a designer works with an art consultant already and wants to maintain that relationship, Art-Exchange will even work with his or her current art consultant.
How to Access the Features and Benefits of Art-Exchange
Go to www.art-exchange.com and visit the Designer Portal. Log in as a designer and learn about how the service works. You can easily search for art, access their full-service art consultancy, or guide your favorite art consultant to Art-Exchange. A subscription is free. Art-Exchange is paid by the sellers on completed transactions; so they only get paid if they’re helping designers find the right art, for the right job, at the right price.
When asked what he would most want to communicate to designers about the company and the service it provides, Gipe said, “I want the members of ASID who place art to try the art consultancy service at Art-Exchange, and if they’ll give us 10% of their trust, we’ll earn the other 90%.” If you’re a designer or an art consultant, it’s worth trying. Does it work? Is it really whole new way of finding art? Yeah, that’s what it is. And for designers, the world of art will never be the same.
By: Art Exchange
January 18, 2010 in Canvas Photos | Comments (0)
Tags: Art Artists, Artwork, Cease And Desist, Cease And Desist Letter, Copyright, High Art, Images, Lawyers, Legal Contracts, Lots Of Money, Money Changes Hands, Paperwork, Patent, Retainer, Sell Art, Setting Up A Business, Tax Information, Washington Art, Washington Artist, Washington Lawyer
Are you a Washington artist that is just starting to get into the business of selling your work? One of the first things that you should do is hire a Washington art lawyer to help represent your interests. It can be hard work getting a business set up to sell your art, especially if you really would prefer to be just making art and let someone else handle the selling of your art.
Here are five reasons you need a Washington art lawyer if you’re going to sell your work in Washington:
1. To protect your designs — If you are an artist that creates original work you need to copyright and in some cases patent your designs to protect them from being copied or stolen. A good Washington art lawyer can help you start the copyright process that you need to go through to fully protect your designs and your artwork.
2. To go after anyone that steals your designs — Usually all it takes to get someone to stop copying your designs if they have started copying your work or your images is a cease and desist letter from a good lawyer. If you have a good Washington art lawyer on retainer you can clear up any problems with people that are copying your work quickly and easily.
3. To help you sell your art — Many artists that deal in high end art have a lawyer that represents them for sales. This make the process of drawing up contracts and completing sales where lots of money changes hands go much more smoothly and it’s expected for high end artists to have their lawyers handle the details of selling the art.
4. To help you get set up to sell your art — If you are setting up a business to sell your art in Washington then a Washington art lawyer can help you fill out the paperwork that you need to file in order to get a seller’s license and complete your tax information so that you can legally sell your art. It’s important to take care of these things before you start to sell your art.
5. To produce legal contracts — If you are having a gallery or an agent sell your art on commission then you will need to have contracts in place that will specify how much of the final sale price you get, what happens to any artwork that doesn’t sell, and other details that come along with having someone else sell your work.
It’s always a good idea to have a Washington art lawyer look over or even draw up the contracts that you plan to use to make sure that the contracts are legally binding and are in your best interests as an artist.
By: Art Gib