Two key focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. The art business is a niche all with its own caveats and nuances. If you’re interested in this type of business, it’s important to know how be successful it its unique arena. The following contributed post is entitled, Creating a Successful Business from You Art.
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To build a business with your art there are three things you need to do. Of course, the most important is to be able to create work that people want, but you also need to be able to market what you have produced and put the whole thing on a proper business footing.
Create Appealing Work
This is the first thing you have to do as without any appealing work you will not make any sales. You need to make work, whether that is painting, sculptures or some other art form that people will be prepared to pay for and then you will have taken the first step.
Research Your Target Audience
Once you know the type of work you are producing you will need to do some research to find the audience that is most likely to buy it. There is no point in marketing to consumers that will not purchase items of art, as that will just be a waste of your time and effort.
There are also other things you need to be aware of such as how big is the potential market you will be aiming to engage with, and what competition are you up against? Information like this can affect your marketing strategy and the time spent on research will be well spent.
You also need to know the best places to show your pieces of work. Would that be in a public exhibition space, a commercial gallery or a studio of your own that consumers can have access to?
You can make it simple for fans of your work to connect with you by using the various social media platforms. Posting images of your work on the like of Facebook and Instagram can create a lot of interest in your products. Joining local art groups can also help to build a circle of fans that will hopefully become future customers.
Develop A Business Plan
Businesses do not just happen; you have to work at them for success. You should start with a business plan to work out how much finance you will need when you expect sales to start to happen and how much work you need to produce each week to make the business viable.
There are other things to consider too, such as how will you move a piece of art to the address of the purchaser. There are specialist art movers that deal with these matters, but you need to have spoken to them and let them know that you may need their services in the near future.
Having Business You Love
It is really good to be able to turn a passion into a business and if you are prepared to work hard and plan every stage there is no reason why this should not work for you. Creating a successful business from your art is a great idea and one that you should start on now and not just leave it as an idea to be forgotten.