Painting with acrylics or oil paints is both a challenge and an enjoyable leisure or employment revenue for an artist. As artists we can enjoy our work. Onlookers and art critics may also enjoy our paintings. Historically fine art artists seemingly have the worse financial set backs when the economy is in a down pattern.
Fine art is a luxury purchase
As artists we realize the practical matter of money. Fine art is not the first item on the list when competing with food and shelter. It is very much considered a luxury purchase or a nonessential purchase when the basic needs for survival need to be met on a daily basis.
Art collectors are a possibility
Art patrons who are wealthy and can afford to purchase fine art are holding back on their cash. However, there are collectors who are willing to pay special rates or discounts and are looking for fine art outlets with these special offers.
Sorry, I am the average artist and do not fall into that particular tier of talent nor do I know any wealthy acquaintances. Like everyone else seeking to survive, we take a detour and work at other jobs and our fine art becomes our hobby or part-time business.
The market will change
Do not forget that as artists we are very creative and we all know that sooner or later things will change. Take this time to review personal art and consider improving strengths or learning new techniques. This may also be the time to research other retail markets. Changing marketing strategies may also be helpful.
The market will change bringing prosperity and there will be people willing to invest in unknown artists who have great talent.
What are the solutions?
- Keep painting
- Prepare and build future inventory
- Refine skills
- Experiment with new or self developed techniques
- Continue networking
- Open our idea and inspiration notes to meet new challenges
- Keep education updated
- Be willing to study business principles, advertising, and marketing.
Think outside the box:
- Artists are blessed with imagination. We have the ability to transfer our mental picture with a paint brush dipped with acrylic or oil paints into a visual master piece on canvas.
- Take time to think and use these abilities to bring about positive ideas, solutions and changes.
- Keep up with the industry by reading your trade magazines and other art sources.
- Network both online and offline with other artists to exchange ideas and work out practical solutions.
- Explore other outlets to market your paintings.
- Most importantly, keep painting.