Tag: art pricing

What Artist Must Know about Pricing Consistency | Artsy Shark

What Artist Must Know about Pricing Consistency | Artsy Shark

We recently spoke about a hot topic for many artists – pricing your work. She shares insights to help artists gain clarity and overcome the challenges that pricing can present. AS: Why is art pricing consistency so important? CM:  Prices for your artwork must be universally consistent. This means that the retail price of artwork […]

Online Art Sales Are in Danger of Lagging — But There’s a Way to Fix It | MutualArt

Online Art Sales Are in Danger of Lagging — But There’s a Way to Fix It | MutualArt

Social media may be revolutionizing the art world, but online sales are in danger of stagnating, according to a report from fine art insurer Hiscox and art research firm ArtTactic. The key stumbling block? A lack of information and price transparency. It’s something older collectors are used to, but for 90% of new art buyers, […]

Online art market could stagnate unless transparency is improved, study finds | The Art Newspaper

Online art market could stagnate unless transparency is improved, study finds | The Art Newspaper

Online art sales reached an estimated $4.2bn in 2017, up 12% year on year, this is lower than the 15% increase experienced in 2016, or the 24% rise in 2015. “Despite the online art market growing around 20-25% between 2013 and 2015, the last 24 months shows signs of a slowdown, perhaps as the industry […]

The price of gallery-going in London—and how it compares with Paris and New York | The Art Newspaper

The price of gallery-going in London—and how it compares with Paris and New York | The Art Newspaper

With art critics and headlines urging you to see the major shows throughout the year—“David Hockney’s Tate Britain retrospective demands to be seen”, said the Telegraph—what many writers forget is that, for the average person, the exhibition experience can be very different to that of the critic. The critic will go on a press day […]

Can Digital Technology Open Up the Art World? | The New York Times

Can Digital Technology Open Up the Art World? | The New York Times

Mr. Cwilich makes the obvious but inescapable point that paintings and drawings are unique items that are a lot more expensive than mass-produced songs and books. A six-figure price tag tends to deter digital impulse buys. Prints, photographs and design objects, which generally exist in multiples, are better suited to online sales platforms, but even […]

JAY-Z’s 4:44 Tour Will Be His Highest Grossing Solo Run Ever Despite StubHub | Billboard

JAY-Z’s 4:44 Tour Will Be His Highest Grossing Solo Run Ever Despite StubHub | Billboard

Sales for JAY-Z’s tour represent a paradigm shift in concert tickets: by more aggressively pricing front row seats, VIP experiences and platinum tickets, concert promoters are getting increasingly more skilled at commanding high prices and record grosses from their best seating inventory. That’s bad news for ticket resellers — by pricing tickets closer to actual […]

Locals confused by 99 dollar lap-seat ticket price at the Ralph | WDAZ

Locals confused by 99 dollar lap-seat ticket price at the Ralph | WDAZ

I spoke with the General Manager of the Ralph today, he would not get into the specific phone call – but explained that their lap-seat tickets are always sold for the same price as general admission youth tickets. “With our dynamic pricing strategy and with our dynamic ticket policy, tickets this year for youth range […]

Advice for Artists…Be Flexible When Pricing Your Art | ArtBusiness.com

Advice for Artists…Be Flexible When Pricing Your Art | ArtBusiness.com

Q: My philosophy about pricing is derived from the basic idea that you get what you pay for. My prices are reasonable but not so low as to lack credibility. I will not sell or even create art below a certain price because if I did that, I would be compromising my integrity as an […]

Top promoters call on concert industry to embrace dynamic pricing | Music Week

Top promoters call on concert industry to embrace dynamic pricing | Music Week

Two leading promoters have called on the live industry to embrace dynamic pricing for shows. Live Nation’s president of touring, international, Phil Bowdery and Robomagic CEO Rob Hallett were speaking during the live panel at this week’s MUSEXPO Europe conference at the Millennium Hotel in Mayfair. “We’re underpriced in the front of the house and […]

High Museum of Art lowering admission prices | mdjonline.com

High Museum of Art lowering admission prices | mdjonline.com

Beginning Oct. 1, the High Museum of Art in Midtown will introduce a reduced admission price, enabling all visitors ages 6 and older to enjoy the museum for the single price of $14.50. Admission for children 5 and under will remain free. The price change is part of the High’s ongoing commitment to making its […]