How to understand the Art Market as an Artist

 

1. Research the art market: One of the best ways to understand the art market is to research it. Look at the prices of similar works by other artists in your genre and style, and pay attention to how they are marketed and promoted.

2. Attend art fairs and exhibitions: Attending art fairs and exhibitions is a great way to get a sense of the art market and to see how other artists are pricing and promoting their work. 

3. Network with other artists: Building relationships with other artists can be a valuable way to gain insights into the art market. Artists who have been in the business for a while can offer valuable advice and tips.

4. Follow art industry news: Following art industry news can also help you to stay up-to-date on trends and developments in the art market. 

5. Get feedback from art professionals: get feedback from art professionals such as gallerists, curators, and art critics can be a great way to gain insights into the art market and to understand how your work is perceived.

6. Be open to learning: Be open to learning from others, whether it's from other artists, art professionals, or art buyers. Every piece of advice can be valuable to understand the market and how to price your art.

7. Diversify your income streams: Diversifying your income streams can also help you to better understand the art market and how you can make a living as an artist. For example, you can explore alternative ways of selling your art such as, through online platforms, art fairs, and art galleries.