OnDemand WTP Pricing Research

Tag: art pricing

The Cost of Price Transparency: Why Some Dealers Would Rather Alienate You Forever Than Reveal the Price of an Artwork | artnet News

The Cost of Price Transparency: Why Some Dealers Would Rather Alienate You Forever Than Reveal the Price of an Artwork | artnet News

After receiving a PDF blast about a gallery’s forthcoming show of a new artist, San Francisco-based collector and arts publicist Florie Hutchinson replied to ask about prices. “Thanks so much for your interest,” came the response. “Just to warn you it is fairly unlikely there will be a painting available as we have a lot of […]

It’s all about pricing in art | The Hindu

It’s all about pricing in art | The Hindu

It’s not easy to find out what sells and what doesn’t in art One of the most exciting parts of the Krea University’s admission process is the Krea Immersion Case, an expedition that takes short-listed liberal arts prospectives to outdoor sites and then engages them in a multi-disciplinary dialogue. The past weekend, I accompanied a […]

Cirque official: Acrobats still part of the act; ‘MJ One’ to stay | Las Vegas Review-Journal

Cirque official: Acrobats still part of the act; ‘MJ One’ to stay | Las Vegas Review-Journal

Cirque is opting for “dynamic pricing” in its ticket strategy: Such discounts as 40 percent off for “Love” or 2-for-1 deals for “Zumanity” are results of demand for tickets across all Cirque shows. “We did not have this until after 2012, when we found it was a little bit more difficult for us in this […]

Why It’s Difficult to Track the Changing Values of Artworks | Artsy

Why It’s Difficult to Track the Changing Values of Artworks | Artsy

Why is it so difficult to track the performance of art as an asset class? And how could increased price transparency help achieve more accurate indices of the financial performance of artworks and artists? Leading arts economist Clare McAndrew gives insight into the key drivers at work in the third of four segments from her […]

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 […]