Top 7 Art Business Models in 2024

There are many different art business models that artists can use to make money from their work. Some of the most common models include:

• Direct to collector: This is the most basic model, where artists sell their work directly to collectors. This can be done through art shows, galleries, online marketplaces, or even their own website.

• Gallery sales: This model involves artists working with galleries to sell their work. Galleries typically take a commission on sales, but they can also provide artists with exposure and marketing opportunities.

• Prints & reproductions: This model involves artists selling prints or reproductions of their work. This can be a good way to make money from popular pieces of art, or to reach a wider audience.

• Commissions: This model involves artists creating artwork on commission for clients. This can be a good way to make money from specific projects, or to build relationships with clients. There are private and public art commissions that are available.

To get considered for public art commissions, submit your application to calls-for-art from various agencies that are local to you.

To break into private art commissions, consider taking these two Masterclasses: Getting Commissioned Projects and Working on Commissions - each masterclass is only one hour long and will arm you with everything you need to open up this revenue stream for yourself! Take our free Pricing Commissioned Projects masterclass to get that part down.

• Licensing: This model involves artists allowing others to use their artwork in exchange for a fee. This can include things like using artwork on merchandise, in advertising, or in other commercial applications. To break into private art licensing, consider taking our Licensing Your Art masterclass.

• Selling merchandise. Merchandise is products that feature art, such as t-shirts, mugs, and posters. Merchandise can be sold through galleries, online marketplaces, and even through retail stores.

• Doing events for clients: An event artist is a type of artist who creates art live at events. They can be hired to paint, draw, or sculpt at weddings, corporate events, festivals, and other special occasions.

• Teaching art classes. Teaching art classes can be a great way to make money and share your love of art with others. You can teach art classes at a local community center, online, or even in your own home.

I hope this helps you on your journey!

Have a lovely week!

Tamara

Mentions:

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PS: Don’t forget to grab these helpful guides and sign up for these free workshops:

7 Great Art Spots to Get Featured In Easily https://www.empoweredartists.co/get-featured

3 Easy Steps to improve you Art practice revenue: https://www.empoweredartists.co/3-easy-steps

Learn how to price your art with this free on-demand 20 min masterclass: https://www.empoweredartists.co/pricing-commissioned-projects

Learn how to make your artworks shoppable in Google search with this free on-demand 8-min workshop https://www.empoweredartists.co/free-workshop-shoppable

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