There is money to be made in art. In my first experience with art I bought some watercolor paintings for $2 a piece at a garage sale in Dallas, Texas (and that's the wonderful thing about garage sales because you never know what you can pick up!) I then placed the pieces in a cheap framework for $25 a piece and then sold them on Ebay for $50 a piece!
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| Lady Altamont c.1788. George Romney. Tate Gallery |
People like modern art and people like old historical art. Famous pieces are very popularly sold as prints and it is a massive global and thriving business opportunity.
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| Still Life with Yellow Straw Hat 1881. Vincent van Gogh, Rijksmuseum |
An important event occurred in India this week which is likely to occur in Western countries at some point. India has decided to withdraw its cash from its system and encourage an Internet based economy. The implications are immense and the opportunities to do business with India now becomes even greater. There is nothing to stop you from buying and selling products in India and trade them all over the world. The world is increasingly becoming digital day by day.
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| Contemporary artist Julian Days |
To make money in art there's two important ingredients you need as a formula for your business model. Given that you already have a global market out there of customers willing to pay for your art then all the rest can easily fall into place if you work out a success formula.
Firstly, you need a cheap source of material.
Secondly, you need an online digital library.
In the first point you can outsource your paintings from China and India and other Asian and African countries for as little as $5 Or in the West there are thousands of budding student artists that would gladly sell you a painting for $5 knowing that they may become successful in the future through he publicity that may ensue with customer awareness.
You can repackage the originals and resell as I did; or you can make hundreds of prints and sell online.
In a digital world there is no need to spend money on lavish galleries or studios to draw customers to buy your art. make a digital website so that people from anywhere can see your library collection.
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| Lascaux Paleolithic cave paintings |
People are always going to buy art people are always going to want to find a private moment and a private space to sit and think and feel the need for inspiration. Your market is already built-in. Now all you have to do is work out your costings and you can be in business very fast.
Growing a second income these days is vital. Job security went out of the window long ago. There is nothing to stop you making money from art from the comfort of your own home. it's also great fun and therapeutic for yourself to make money in something you can enjoy!
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