
One of the main reasons you may be a starving artist is that you don't understand the art market: Many artists struggle
financially because they don't understand the art market, and how to price and
sell their work effectively. Not having a clear understanding of the market can
make it difficult to find buyers and generate revenue. I have actually discussed this topic in a little more detail in a previous post you can read it here How to understand the art market.
Another reason is that you may lack a professional portfolio: A professional portfolio
is crucial in showcasing your work to potential buyers and galleries. Many
artists struggle financially because they don't have a well-presented and
up-to-date portfolio, which can make it harder to attract new clients and
galleries.
A third area that may contribute to your struggle as an artist is not having a branding and marketing strategy:
Consistency is key when it comes to branding and marketing your art. Many
artists struggle financially because they don't have a consistent branding and
marketing strategy which can make it hard to attract new customers and build a
loyal following.
An area that some artist also overlook is networking and building relationships: Building
relationships with other artists, art collectors, and art lovers is a great way
to promote your work and find new customers. Many artists struggle financially
because they don't network and build relationships, which can limit their
visibility and sales.
To avoid staving as an artist one should look at diversifying your income streams: Many artists struggle
financially because they don't diversify their income streams. By relying on
just one source of income, such as selling their art, they can become
vulnerable to market fluctuations or changes in their personal circumstances.
A large contributor to the starving artists is the artists that don't have a clear understanding of the costs of running an
art business: Many artists struggle financially because they don't have a clear
understanding of the costs of running an art business, such as materials,
studio rental, equipment, marketing, and advertising expenses, and thus price
their art too low.
Thes are just a few reasons why you might be a starving artist. By working on the above points, you might be able to turn your artistic career around and increase the money that you earn.
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