Studio 747 - A Lifestyle Blog for Creative Minds: 5 Ways to Make Money With Your Art

Wednesday, June 05, 2013

5 Ways to Make Money With Your Art

One of my missions through this blog is not only to support and inspire entrepreneurs through art, but to help artists as well. And if you think about it, whether you're a consultant, online marketer, or author, we are all artists crafting masterpieces everyday through the work we do. We are all creative. We think outside the box and think of ways to offer unique products and services.

As an artist myself, I have experienced ups and downs with my business, and even experienced that "starving artist" mentality. Regardless of what people say about how hard it is to make money as an artist, the truth is, it's all about what you believe. As I've mentioned before, you can grow your art business during a recession.

There are a variety of ways to make money with your art, but here are my top five...

1) Art and street fairs - Sure it's great to sell your art online, but I still like this more traditional approach to selling art because you get to meet the people who actually buy your work and create rapport with them. At the same time, you can talk with a variety of art collectors to see what people are looking for.

Go through and research all the different art and street fairs that are taking place in your city or town and decide which ones would have your target customer. Create a professional image by using art display systems for your booth and print up business cards or brochures.

2) Sell on - This is a huge marketplace for artists and people who sell handcrafted items. Even if you already have a website, you should still create a shop on Etsy because of all the traffic this site gets from people are ready to buy. The key to having your listings show up in Etsy's search results is to add descriptive tags and include a very thorough description of your artwork.

3) Get funded through - If you have a creative project you're currently working on, you can tap into the crowdfunding community to help bring that project into fruition. Whether it's an art series, a book, or an app, there are people out there who also have a passion for what you would like to create and will gladly support that project.

4) Gift Shops or Consignment If you live in a city that is frequented by tourists, you're likely to find many gifts shops or art galleries that will sell your art on consignment.  You will have to negotiate a commission structure with the owner of the shop or gallery.

5) Coffee shops or Offices - There are many coffee shops and workplaces that are looking for art to put on their walls.  It is now pretty common to see many of these places supporting artists like you by displaying and selling your art.

What other ways do you know of that artists can make money with their art? Share your experience or tips!