The online marketplace is changing the game in a big way.
In the art world, it seems that auction houses, if we exclude big ticket items of Da Vinci-like magnitude, are feeling pressure from those smaller online auction platforms and new-fangled online marketplaces for selling art. Auction houses are increasingly focusing on bigger fish. Artists have also discovered Etsy, WooCommerce, Pinterest, Ecwid and Shopify. Everyone selling things online is becoming their own retail platform. Younger art collectors are willing to risk engaging in newer art-perusing or art-buying endeavors.
More social media platforms are there for us to research new trends, engage with the artists, and buy their artwork. Art enthusiasts who are potential collectors are more able to find pieces at affordable prices. There has simply never been a better time to invest in some art. We are closing the distance between us and our art.
Art speaks to us all in different ways, but when the art is relevant and touches us in a big way, and resonates with us, it hits home, and so very few of us collect art purely for financial returns. This is great news for painters and artists everywhere. It's emboldening artists to do more to reach out to people, and people are reaching out to artists as well. We are able to socialise more with creators of art. It's becoming a two-way street for art. And the internet is doing its bit.
Obviously there are some economic factors that influence art prices, but when art is good enough and is affordable enough, things improve. The current view of up-and-coming markets in Russia, South America, the Chinese markets and Asian art in general is that art is holding up well, perhaps helped by oddities in currency values, as well as a keen demand. And it seems that American and European art are very likely to increase. The trick is in finding bargains. Dealing with artists directly rather than galleries gets art at the lower price, rather than the curated higher prices.
And remember to look for ripe and poignant works in photography, or installation art which is gaining popularity.
The market is seeing major bargains for anything under $10,000. Collectors wanting to start a collection are seeing less auctions but more direct dealing with art dealers, as dealers are seen as more affordable. The market is also evolving, as more sophisticated art buyers are willing to try out riskier works by great new artists as they see the value there.
Art works over £1 million have seen a small pullback in sales, while mid priced art in the $10K to $50K area has risen. More and more buyers are looking around and comparing prices and artist reputations before committing to a buy, which is good. And the internet is a great leveler.
What outcomes can we deduce from these latest findings?
Obviously the market is good, people will only pay what they think is a fair price for good art. So the galleries reserve high-dollar artworks in stock, avoiding a flood of art on the market, so no sharp price drops. The art market continues to hold strong, despite the niggling social and economic landscapes. We are seeing the market evolve and mature. Digital trends have helped increased access for emerging artists. So while high-end spending is slightly eroded by politico-economic trends, the mid and low priced affordable art surges ahead, since any drag on currency values is offset by wise spends on lower priced works, which cancels out any "negativity" in buying new and good art. Low priced affordable quality art is a wise investment since affordable art has nowhere to go in value but upwards.
Alan Mc Keogh
September and October are beautiful months in Singapore. The Flower Dome located beside Gardens by The Bay houses some fine collections of plants and flowers, as well as photo opportunities for budding snappers who love photo opps such as the one above. The theme is Pumpkins, obviously, and just right for Halloween.
Why not give these gardens a visit, and enjoy the amazing scenery and views and walking audio guides as you explore this amazing oasis of beauty.
My Mother-In-Law was recently visiting Ireland and she was very impressed by the sights and sounds and smells of Ireland. Yes, it has some of those smells, especially in the countryside. Her verdict on Ireland can be summed up in one sentence...
"When can we come back here again...?"
Yes, I get that a helluva lot.
When Internet 2.0 came along, and the modern internet as we now it arrived (the one we use on laptops, PCs, smartphones and tablets) - with it came more delights and challenges. How does an artist or a writer, or any creative person sell what they create over the web? Amazon are making it work, moving beyond sales of books, to video, film, software apps, music and even more besides. We book our hotels now and even plane tickets and it has become standard to us. A habit in fact.
We can subscribe to things. We can go to Seven-Eleven and buy Google or Apple App Store vouchers, coupon credits and simply buy things on the Android or Apple platforms. We can opt for PayPal or Apple Pay, or just use our credit or debit cards. We have so many ways to buy. But how about selling?
When Online art Galleries began to appear in the mid and late 2000's, artists were jubilant. They were thrilled, because finally art could be shown, showcased, and finally sold online. All the artist needed was a laptop, some photo manipulating software to tidy up and resize images, and a way to receive money payment electronically.
Art galleries prospered. And the growth of interest in art boomed. It is still booming. But interestingly, some online galleries closed down and went out of business. Why?
Art galleries are business ventures, and online galleries are the same. They have costs and overheads. So the incoming flow in money must exceed the money that is outgoing. Alas, this was not always the case for some galleries, as people weren't ready to buy artwork by emerging South-east Asian artists online without further understanding the artists themselves, the art work and the region they came from. And to be honest, some galleries were unlucky to be just ahead of their time. Some parts of Asia for example suffer from chronic slow internet, and lag behind Singapore, Japan and Hong Kong, who's fast internet is hitting Gigabit speeds.
One way that artists and galleries online could flourish is for online blogs and websites to focus on nurturing artists, curating informative exhibitions and having conversations with new collectors and bringing interested parties closer to one another. The internet is good at this. But some galleries that floundered in recent times may have suffered because they felt that personal interactions could not be replicated online. Thanks to Facebook, Twitter, Medium, Instagram and Pinterest... now they can.
The big keyword here is ENGAGEMENT. Bringing the conversation right into people's lives, so that people are not just passing by art, but living with art. There are so many online galleries on the net now, it has become better from the point of having choices, but tougher, as galleries have to compete more for space and getting attention. And the galleries that shout the loudest are the ones most visited, and so do the most business. (Of selling art.)
Galleries could be doing more in other ways. Forming partnerships and teaming up to show collective exhibitions has become the big trend in recent times, as the Affordable Art Expo and other shows are frequently reporting successful results. The love and allure of art galleries will prevail as long as we keep loving art and showing our love for it. We just have to learn, as artists and sellers of art to find and manage new ways to reach the audience. Telling the story of artists and their art works is something gallery owners and art sellers can do.
In a gallery, art literally sells itself. On the internet, the gallery must get the attention of the online visitor. Groups, lists and listings, art directories, collectives, club, organizations, societies, educational institutions all vy for attention. By using social media cleverly, we can leverage this and make online galleries not only succeed, but thrive. Authors are making use of WordPress and Weebly free or paid sites to engage with their readers and audiences. So too can artists. And they don't have to work in isolation from online galleries.
Some creative people think or feel the "middle man" is getting too much of a "cut" of the price. Really? So make deals, then. Agree on how to cut the cake, just as sellers online of other products use affiliates. There is more than one way to sell art online. Thanks to platforms like "Ecwid" and "Shopify", art galleries, artists and authors have moved their e-commerce and sales efforts on to Facebook pages - and with more than impressive results. Ecwid has no set-up fees and allows you to sell a small number of items for free, and they will only collect a small percentage of the sales price.
Art can be a success if artists and galleries work closer and partner up, and involve themselves in more joined-up thinking. The only boundaries to what can be done lies with us, and now, together - we can rise above them.
(Alan Mc Keogh)
Well, it's back. It seems like it was only a few months ago that the last Affordable Art Fair was held in Singapore. This time it's going to be even more ambitious.
The Affordable Art Fair has the aim of making art as enjoyable, accessible, and affordable as possible. Regardless of whether you’re a seasoned collector, or a new art enthusiast, everyone is invited to bring large carry bags and to explore, ask questions, explore the many styles and forms of art in the enormous venue, fall in love, and take some beautiful art home with you.
In the November 2015 Affordable Art Fair, the venue was held in the F1 Pit Building for the sixth successful Autumn Edition with 15,150 visitors and S$3.9 million sales in art. Now it's going to be bigger and with even more incredible art. Join us!
Philippine Art and artists come to Singapore with the newest 6th Edition of the well known ART APART FAIR, which is again being held in the PARKROYAL in Pickering. If you are planning a weekend of art and culture in Singapore, may we humbly suggest you join us here?
The Art Apart Fair originally began in Singapore in January 2013. It showcases the works of emerging and mid-career artists. First staged in Conrad Centennial Singapore, then later to Parkroyal on Pickering - where there is more space, and more amenities, this promises to be a great weekend event. See rooms, lobbies and corridors transformed into a dreamscape of mesmerizing fine art - created in many mediums and sizes to excite and inspire both art lovers and discerning collectors of quality artwork.
Come along this weekend, and savor the ambiance and even meet artists.
Visit the Art Apart Fair on Twitter, on Facebook, on Instagram, and check out their Blog. Visit the website here.
Life in Singapore is wonderful. There is so much to do.
But compared to life in Boracay, and staying close to the most beautiful beach I have ever seen, it's just no contest.
Mandy and I both agree that if there is one place that is special to us both, it's here at Boracay. It's just that the beach is a dream holiday place. And we have made some very happy memories here.
Now excuse us as we down these nice cool shakes.
Every now and then an aberration occurs in the world. And instead of getting one thing, we get something very different, unexpected and also very original. This happened when the gaming design team at "Ustwo" released on the Apple iPad (soon to be followed with a release on Android) the game "Monument Valley".
It's a game where a Princess named Ida has to navigate her way through a series of incredible and fantastic MC Escher like puzzles which are geometric and stunning to see.
While a lot of games love us to blow stuff up and kill maim and destroy whatever, this game does something different - it allows us to marvel at the clever artistic creations at work in this game, where every level could - if it was possible - be printed out and hung on a wall like in an art gallery.
Everything from the character of Ida, her design, the simple yet iconic design approach to visuals and music (best enjoyed on the iPad or iPhone with earphones) lend a new definition to the concept of gameplay. The added crows are a nice touch. The visual elements are made to work in a perfect graphical visual harmony. Instantly loved by the art, design and architecture world, it has been hailed as new and very innovative. I agree. The game cost $3.99 to buy on the Apple App store, which - given the degree of satisfaction given back - for the effort that has gone into its wonderful art and graphic design, it is easily worth it.
If you are an animation or design fan or a lover of the Pixar approach to everything, then check out this promising game. It is where art meets game design and something new and visually wonderful happens. MC Escher would have been proud.
Alan Mc Keogh
I am an artist, web and blog designer, and I enjoy creating art, whether people, still life, or landscapes. I blog and write to grow the masses. Logos are a growing passion here. Come to me, brethren! New projects coming soon.