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Evolving Your Career:
  Basic Business Skills
   for Visual Artists II


 Fresh Arts ARC Workshop
   led by Taft McWhorter
“Out on a limb... that's where artists do their work. Not
  in the safe places, but out there, in a place where
  they might fail.” ~Seth Godin


• DON’T BE AFRAID TO FAIL!
• The seed of your next art work lies embedded in the
  imperfections of your current piece. - David Bayles
“You will never leave
 where you are until
 you decide where you
 would rather be.”
2012 State of the Art Survey
http://www.xanadugallery.com/wordpress/
Overall Vision & Goals
• To go from hobbyist to professional
  takes “ACTING and BEING”
  professional
• Spend 50% of your time on areas
  besides creating your art
• Write a business plan
• Set goals and timelines
• Network with the right people
The Essentials
• Business Cards
• Website
  – Bio/Artist Statement
  – Credentials
  – Images of your work
  – Calendar of Upcoming Events
  – List of Collectors
  – Contact Info
Network
• Networking is key
• Go to local art exhibits
• Meet artists and collectors
• Create a Top 10 list of people you want
  to connect with
• Begin inviting these people to your
  exhibits
• Donate your best work to auctions as
  long as you get the buyer’s contact info
Pricing your work
• Price based on what your market can bear
• Starting low is good ($100-$150 for 30”x40” piece).
  Primary goal is to move your art so that
  people are seeing it around
   – You can easily create 40-50 collectors at a lower
     price and then bump the price up once a year
     as long as you’re continuing to sell
• Set your price per square inch
• Always be consistent with your pricing (don’t
  charge one thing in one city and another in your home city).
• Remember art pricing is always negotiable
Negotiating
• Very few art sales happen without negotiation
• Don’t offer a discount unless the prospect asks, but
  be prepared with your initial offer as well as your
  lowest price
• Never agree to a price that you are uncomfortable
  with. It won’t be worth it in the long run
• Price your work with the notion of giving a 20-25%
  discount (typical discount in the art business)
• Offer larger discounts on multiple piece sales.
• The ultimate goal isn’t necessarily to “protect” the
  integrity of your art. The ultimate goal is to create
  collectors.
Exhibiting
• Have a goal of showing at least once a month in a
  public venue/setting.
   – Gallery Exhibits (Fresh Arts)
   – Juried Shows (Lawndale, Archway, M2)
   – Art Markets (WHAM, First Saturday Arts Market)
   – Restaurants, Bars and Clubs
   – Collector’s homes or businesses
   – Be open to other possibilities (i.e. Car Dealerships)
Group Exhibits
• Organize joint or group exhibits with other artists
  – Advantages of group exhibit
     • Larger audience due to combined mailing lists
     • Lower event cost per artist
     • Credibility of showing with other artists
     • Share mailing lists post exhibit (with collector’s
       permission)
     • Example – Progressive Evening of Fine Art
         – Allan Rodewald, Chris Silkwood and Taft McWhorter
         – Each artist invites 10 of their top collectors
         – Each artist gains 20 new quality prospects
Creating Collectors
• The primary key to developing a career as a
  professional artist is to grow your list of collectors
• Galleries and designers provide a great revenue
  stream, but sales to collectors will be the main
  source of income
• Everything you do in building credibility in your work
  (i.e. credentials, exhibits, etc) will be done to benefit
  sales to your collectors
• With a strong list of collectors, you can withstand
  the peaks and valleys of the art business
Creating Collectors
• Begin creating a database of anyone who owns
  your art
• Have a goal of creating anywhere from 10 to 50
  new collectors per year
• Utilize your current collectors even if it is only friends
  and family
• Donate art to auctions. Get the name and contact
  info of who purchased
• Collaborate and exhibit with other artists
• Gift your art to key potential collectors or people
  you want to network with
Utilizing Collectors
• This section applies whether you have 4 collectors or 100
  collectors.
• Local Art Collectors want to get to know the artist
  personally. That is the main reason collectors buy locally.
• Take your collectors to lunch or dinner
• A $30 lunch or $70 dinner tends to turn into more $$$ in
  art sales
• At dinner, explain your mission, your business plan and
  figure out ways for them to be more involved
• Collectors are looking to invest time and money in the
  artists they collect. They want to be “part of something
  larger than themselves”. Give them that opportunity.
Utilizing Collectors
• Utilize current collectors to grow your circle and
  become champions for you and your art
• Cater to your collectors by getting to know them
  and understanding their motives for collecting your
  art.
• Organize small, invitation only “Collector Parties”. It
  can be a group of collectors or it can be one
  collector with a group of their friends.
• Ask your collectors to invite a guest or two or five to
  any and all events.
• Hold these types of events monthly if possible.
Utilizing Collectors
• Send out a separate monthly newsletter to your
  collectors, offering them a special collectors
  discount for that month or a special referral reward,
  such as a free smaller piece of art if they refer
  someone who becomes a collector
• Stay connected by sending postcards, note cards,
  emails, etc to your collectors on a monthly basis
• The more connected you are with your collectors,
  the more they will support your passion
Special Projects
• Once you’ve built a substantial list of collectors, you
  can create projects that involve more than just
  buying one painting at a time.
• Examples
   – Plan a “Collector” sponsored:
      • Foundation
      • Exhibit
      • Series of works
      • Trip to study art in another city or country
      • Book of your art
Never Stop Evolving
• Study with other artists
   – Spend the day with a fellow artist
   – Art Supply Dealer Demonstrations
   – Art League of Houston
   – Glassell School of Art, MFA
• Attend workshops
   – Fresh Arts
• Get an “Art Business” coach
   – Billy Miller, artist and art business coach at WSS
Art Business Coach
William H. Miller
Your mARkeTing mentor
Whim Designs
billy@whimdesigns.com

•consulting services, marketing, web,
social media and creative... based on
your goals - one artist to another.
“Never let the fear of striking out
        get in your way”.
           -Babe Ruth
"A clear vision,
    backed by definite plans,
gives you a tremendous feeling of
     confidence and personal
              power."
           Brian Tracy
"Smile, breathe and go slowly."
      -- Thich Nhat Hanh
Taft McWhorter

www.TaftMcWhorterArt.com

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Business Skills for Visual Artists II

  • 1. Evolving Your Career: Basic Business Skills for Visual Artists II Fresh Arts ARC Workshop led by Taft McWhorter
  • 2. “Out on a limb... that's where artists do their work. Not in the safe places, but out there, in a place where they might fail.” ~Seth Godin • DON’T BE AFRAID TO FAIL! • The seed of your next art work lies embedded in the imperfections of your current piece. - David Bayles
  • 3. “You will never leave where you are until you decide where you would rather be.”
  • 4. 2012 State of the Art Survey http://www.xanadugallery.com/wordpress/
  • 5. Overall Vision & Goals • To go from hobbyist to professional takes “ACTING and BEING” professional • Spend 50% of your time on areas besides creating your art • Write a business plan • Set goals and timelines • Network with the right people
  • 6. The Essentials • Business Cards • Website – Bio/Artist Statement – Credentials – Images of your work – Calendar of Upcoming Events – List of Collectors – Contact Info
  • 7. Network • Networking is key • Go to local art exhibits • Meet artists and collectors • Create a Top 10 list of people you want to connect with • Begin inviting these people to your exhibits • Donate your best work to auctions as long as you get the buyer’s contact info
  • 8. Pricing your work • Price based on what your market can bear • Starting low is good ($100-$150 for 30”x40” piece). Primary goal is to move your art so that people are seeing it around – You can easily create 40-50 collectors at a lower price and then bump the price up once a year as long as you’re continuing to sell • Set your price per square inch • Always be consistent with your pricing (don’t charge one thing in one city and another in your home city). • Remember art pricing is always negotiable
  • 9. Negotiating • Very few art sales happen without negotiation • Don’t offer a discount unless the prospect asks, but be prepared with your initial offer as well as your lowest price • Never agree to a price that you are uncomfortable with. It won’t be worth it in the long run • Price your work with the notion of giving a 20-25% discount (typical discount in the art business) • Offer larger discounts on multiple piece sales. • The ultimate goal isn’t necessarily to “protect” the integrity of your art. The ultimate goal is to create collectors.
  • 10. Exhibiting • Have a goal of showing at least once a month in a public venue/setting. – Gallery Exhibits (Fresh Arts) – Juried Shows (Lawndale, Archway, M2) – Art Markets (WHAM, First Saturday Arts Market) – Restaurants, Bars and Clubs – Collector’s homes or businesses – Be open to other possibilities (i.e. Car Dealerships)
  • 11. Group Exhibits • Organize joint or group exhibits with other artists – Advantages of group exhibit • Larger audience due to combined mailing lists • Lower event cost per artist • Credibility of showing with other artists • Share mailing lists post exhibit (with collector’s permission) • Example – Progressive Evening of Fine Art – Allan Rodewald, Chris Silkwood and Taft McWhorter – Each artist invites 10 of their top collectors – Each artist gains 20 new quality prospects
  • 12. Creating Collectors • The primary key to developing a career as a professional artist is to grow your list of collectors • Galleries and designers provide a great revenue stream, but sales to collectors will be the main source of income • Everything you do in building credibility in your work (i.e. credentials, exhibits, etc) will be done to benefit sales to your collectors • With a strong list of collectors, you can withstand the peaks and valleys of the art business
  • 13. Creating Collectors • Begin creating a database of anyone who owns your art • Have a goal of creating anywhere from 10 to 50 new collectors per year • Utilize your current collectors even if it is only friends and family • Donate art to auctions. Get the name and contact info of who purchased • Collaborate and exhibit with other artists • Gift your art to key potential collectors or people you want to network with
  • 14. Utilizing Collectors • This section applies whether you have 4 collectors or 100 collectors. • Local Art Collectors want to get to know the artist personally. That is the main reason collectors buy locally. • Take your collectors to lunch or dinner • A $30 lunch or $70 dinner tends to turn into more $$$ in art sales • At dinner, explain your mission, your business plan and figure out ways for them to be more involved • Collectors are looking to invest time and money in the artists they collect. They want to be “part of something larger than themselves”. Give them that opportunity.
  • 15. Utilizing Collectors • Utilize current collectors to grow your circle and become champions for you and your art • Cater to your collectors by getting to know them and understanding their motives for collecting your art. • Organize small, invitation only “Collector Parties”. It can be a group of collectors or it can be one collector with a group of their friends. • Ask your collectors to invite a guest or two or five to any and all events. • Hold these types of events monthly if possible.
  • 16. Utilizing Collectors • Send out a separate monthly newsletter to your collectors, offering them a special collectors discount for that month or a special referral reward, such as a free smaller piece of art if they refer someone who becomes a collector • Stay connected by sending postcards, note cards, emails, etc to your collectors on a monthly basis • The more connected you are with your collectors, the more they will support your passion
  • 17. Special Projects • Once you’ve built a substantial list of collectors, you can create projects that involve more than just buying one painting at a time. • Examples – Plan a “Collector” sponsored: • Foundation • Exhibit • Series of works • Trip to study art in another city or country • Book of your art
  • 18. Never Stop Evolving • Study with other artists – Spend the day with a fellow artist – Art Supply Dealer Demonstrations – Art League of Houston – Glassell School of Art, MFA • Attend workshops – Fresh Arts • Get an “Art Business” coach – Billy Miller, artist and art business coach at WSS
  • 19. Art Business Coach William H. Miller Your mARkeTing mentor Whim Designs billy@whimdesigns.com •consulting services, marketing, web, social media and creative... based on your goals - one artist to another.
  • 20. “Never let the fear of striking out get in your way”. -Babe Ruth
  • 21. "A clear vision, backed by definite plans, gives you a tremendous feeling of confidence and personal power." Brian Tracy
  • 22. "Smile, breathe and go slowly." -- Thich Nhat Hanh