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Dug
Joined: 04 Jul 2005
Posts: 4837
Location: Gippsland
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 Posted: Thu Oct 22, 2009 8:46 pm Post subject: Re - Sell that art work... |
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An interesting concept except that a band probably already covered costs in ticket sales, CDs are relatively cheap to produce once you have the master copies are cheap, you are not selling an original work like artists are.
I can see this marketing working for some products but I think it's application to art is very limited. |
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Stefan Maguran
Joined: 22 Jun 2008
Posts: 2314
Location: The Outsiders Festival State
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| Posted: Thu Oct 22, 2009 8:59 pm Post subject: Re - Sell that art work... |
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| Well, one problem is that art must be widely desirable - not so much as music. If it is, however, it may work with prints, mugs, etc. |
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thecatsgrin
Joined: 18 Apr 2009
Posts: 2181
Location: Gippsland
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| Posted: Thu Oct 22, 2009 9:09 pm Post subject: Re - Sell that art work... |
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Yep... I have resigned my thoughts on this to postcards.... I was thinking earlier, that it might be okay if you were constantly told your work was worth way more than you sold it for...but then there is always the possibility that it wasnt!!
Nope... postcards it is!! |
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sunfire
Joined: 01 Mar 2008
Posts: 1430
Location: Toodyay
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| Posted: Thu Oct 22, 2009 9:55 pm Post subject: Re - Sell that art work... |
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I agree with Daniel on this one, I could see a lot of earlier buyers being upset & feeling as though they had been ripped off.
Plus I know too many people who would only offer $10.
I have also found that if someone pays a cheap price, then they treat it as cheap, if they pay a high price, then they treasure it as something special.
A few years ago, I was tied up in collecting, in trying to get rid if it I went to fairs to sell, I thought that to clear some things that really had no value, I would just put a low price & get them out of the way, ---- no one bought any at all, so next time I bumped up the price 3-4 times higher & sold the lot !!!!
you may get the odd honest person making a fair offer, but I think they would be in the minority. |
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Stefan Maguran
Joined: 22 Jun 2008
Posts: 2314
Location: The Outsiders Festival State
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| Posted: Thu Oct 22, 2009 10:20 pm Post subject: Re - Sell that art work... |
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| Case closed. |
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thecatsgrin
Joined: 18 Apr 2009
Posts: 2181
Location: Gippsland
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| Posted: Thu Oct 22, 2009 11:27 pm Post subject: Re: Re - Sell that art work... |
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| sunfire wrote: | I agree with Daniel on this one, I could see a lot of earlier buyers being upset & feeling as though they had been ripped off.
Plus I know too many people who would only offer $10.
I have also found that if someone pays a cheap price, then they treat it as cheap, if they pay a high price, then they treasure it as something special.
A few years ago, I was tied up in collecting, in trying to get rid if it I went to fairs to sell, I thought that to clear some things that really had no value, I would just put a low price & get them out of the way, ---- no one bought any at all, so next time I bumped up the price 3-4 times higher & sold the lot !!!!
you may get the odd honest person making a fair offer, but I think they would be in the minority. |
It is a sad sort of thing that people are that way...
I thought if it was just an invite only sort of thing it might work... but it would be a terrible lot of bother, and the de-value thing is something to consider... with art anyway.
It is good that I generally am a procrastinator... looking at this thread, it is easy to see where I could get in trouble making rash decisions, if I wasnt!  |
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vans
Joined: 16 Feb 2009
Posts: 65
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| Posted: Fri Oct 23, 2009 12:22 am Post subject: Re - Sell that art work... |
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Does that mean my fridge and Plasma are devalued because i bought them (stupidly) one month before the retail stores had their 5 times a year '"sale'?
Does that stop me from shopping there?
I don't think so.
Or that I will never use Virgin or Qantas because I paid full price for my ticket just before they had a price war?
I don't think so.
Like Stefan said- let your client know beforehand and give them a "special sale" deal, and everyone will be happy.
Just had to throw that one in before i go back to listening to Josh Pike on the ABC. |
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thecatsgrin
Joined: 18 Apr 2009
Posts: 2181
Location: Gippsland
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| Posted: Fri Oct 23, 2009 1:28 am Post subject: Re: Re - Sell that art work... |
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| vans wrote: | Does that mean my fridge and Plasma are devalued because i bought them (stupidly) one month before the retail stores had their 5 times a year '"sale'?
Does that stop me from shopping there?
I don't think so.
Or that I will never use Virgin or Qantas because I paid full price for my ticket just before they had a price war?
I don't think so.
Like Stefan said- let your client know beforehand and give them a "special sale" deal, and everyone will be happy.
Just had to throw that one in before i go back to listening to Josh Pike on the ABC. |
No... just making a point that plasma tv's, plane tickets and other 'things' are just things...easily replaced among brands etc... easily mass produced, everything art is not ( or should not be)...
The sale idea is one that could possibly work with art with trusted loyal collectors, the kind I imagine take YEARS to gather (if they exist at all) The CD example is a great one, and as Dug noted, they are cheap and easy to produce. This idea works with items that are in bulk.
The idea would have to be altered greatly to work with art, or as Sunfire noted, cheeky ones would offer $10 or similar... If you had 30 art works and 15 people offered $10 and took your work, the remaining paintings if sold would be hard pressed to cover the losses. (especially the prior customers who in the past paid $100's)
If you had trusted buyers, who were prepared to spend on average what they usually did, or more then it might work, and not devalue the work in the long run.
Value is placed on art because we value it... I should have seen this earlier... my opinions changed.
I am now curious how silent art auctions do. I was involved in one , I donated some art, to the bushfire relief auction, and my work was in the silent auction. I got a good price for the work, even better was that it went towards helping, but i wonder how other artists work fared, as the results would be similar to the cd idea.
P.S I think plasmas and fridges are like cars...devalued as soon as you leave the showroom!!
Also... is it change-your-name-day?? Am I missing something?? |
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Stefan Maguran
Joined: 22 Jun 2008
Posts: 2314
Location: The Outsiders Festival State
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| Posted: Fri Oct 23, 2009 5:28 am Post subject: Re - Sell that art work... |
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I've been to quite a few silent auctions and I believe the prices depend largely on who is attending, less on the quality of the work. People do it for a good cause (I wonder why buying an artwork is not seen as a good cause?- digressing).
There is an inherent risk associated with a silent auction.
Apart from the one related to people attending, there is an extremely competitive activity, that leads to people running around seconds before the close to add bids and people guarding works so that bids cannot be placed seconds before the finish. This usually means that works sell short of what they could have been sold for.
So, with this in mind, a silent auction would work, but artists would most likely be disappointed by the results, as there is only a weak correlation between the value of the work and the sell price. It is however a good instrument to test your market in a comptitive situation. |
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