Though we like to think of ourselves as artists, if we’re selling paintings, we are running a business. According to trainer Tony Robbins, businesses go through the following cycle: Birth Infancy Toddler Teenager Young Adult Mature Adult Mid-Life Aging Institutionalization Death Rather than explaining these cycles in depth, I’ll just say they are much like life. Each of us and our art businesses are at a different point in the cycle. If you’re just launching or planning your art business, you’re pregnant and about to give birth. If you’re a teen, you make reckless decisions. The longer you’re in business, the more you mature, until you grow old. The part of the cycle I want to discuss today is death — when your business is no longer sustainable and there is no one to support it. My goal is to help you, or those you know, to prevent death — to keep art selling. All Cycles Are Predictable One thing always follows the other. The problem is that we often cannot see when we’ve gone from one part of the cycle to another, and if we’re not paying attention, it’s often too late. Recently I met an artist who had been a queen in the art world. She was a big seller, she’d made a lot of money, but she came to me for marketing advice because nothing is [...]
Many powerful advertising options exist today, which include websites and email marketing, twitter/facebook/myspace/friendfeed, etc. Though these are effective tools for branding and immediacy, we must not forget that all advertising is not rooted in immediacy.Many galleries desire instant gratification. They want their ad to sell a painting right away. You cannot blame them for thinking this way, yet decades of evidence prove that most advertising does not generate immediate results unless a foundation of awareness has been built in advance. In other words an advertiser who has been consistently advertising will usually have better success pushing something for an instant sale than an advertiser with whom the audience is not aware. Imagine that someone you have known for years calls you and asks you to do a favor. You know and trust this person (or not) and can easily make a decision based on their request and your level of trust. On the other hand, a stranger rings your door bell, introduces herself and asks for the same favor. You have no "history" with that person and therefore your defenses trigger fears. Its no different in advertising. If you do a good job of marketing you build trust over time by your mere presence. If they don't know you the viewer may ask themselves questions like Do I know this gallery? Can I trust them? Is their quality [...]
A Message from Fine Art Connoisseur Publisher B. Eric Rhoads Last week's Super Bowl hoopla reminds me of how is great marketing works like football.Rarely does a quarterback run the field for a touchdown on the first play. Though it can happen, coaches know that success is earned one play after another, with a yard or two gained with each play. You wouldn't bet on a football game if a team had only one play to win. But this is exactly what inexperienced marketers do. They run one ad or do one mailing and expect the phone to ring off the wall. Sure, it can happen. But, like a lucky run, it's not the norm.Why Advertising FailsAdvertising works as a series of plays, making a little progress at a time. Campaigns with multiple impressions and touchpoints work best. Campaigns are a series of plays designed to score several touchdowns and win the game. Advertising fails when marketers run single ads instead of campaigns. As in football, momentum is gained with consistent forward motion. Advertisers who start, stop, and start again are losing momentum. You make the most progress when you hang on to the ball. Repetition SellsNo matter what kind of advertising you are doing -- print ads, e-mail marketing, direct mail -- you need lots of repetition. The average person needs to "catch" the message three or [...]
My fingers are crossed. Will there be a lump of coal in my stocking this Christmas? Will there be anything under the tree? You see, I was naughty. When you're naughty, you make Santa's naughty list -- and that means you don't get what you want. Why was I naughty? Simply put, I didn't practice what I preach. And I learned an important lesson. For 2014, I tried something new. I decided my system for getting things done needed an upgrade, so instead of writing out my to-do list each day and reviewing my goal list in my journal, which is always at my side, I converted to a digital solution. Now all my goals and "to do's" are on the cloud, and I can access them everywhere. Seems like a reasonable solution, but my digital approach failed me -- or I failed it. Last week I was killing time on an airplane, poking around all the programs and documents on my iPad because I was bored and didn't feel like working. I opened my goals document for 2014 and started checking them off one by one. Then something terrible happened: I realized I had missed over 30 percent of my annual goals. Gulp. I also realized that I hadn't opened my goals document for several months. Had I opened [...]
In this Art Marketing Minute, Eric Rhoads shares how to create an improvement plan and the best investments to consider; and suggestions for pricing a portrait commission and why it’s different for a landscape artist.