"The Internet will eventually rival sales of physical products made in brick-and-mortar stores," predicts Barbara Brundage, president of Printscapes.com, a division of Pacific Stock Inc., an online company specializing in imagery from the Pacific Rim. "The Internet is the perfect medium to sell art, offering easy viewing of many more items than any store could ever offer."
Whether art companies are simply beefing up their online presence to boost exposure, or they are building their entire business models around it, the Web can be a powerful tool--if used with the proper strategy and integrity in regards to the art world.
"I think there's a new consumer--a Gen Y consumer--who is very tech-savvy and gets most of his or her information online," says Steve McKenzie, chief curator of Artaissance, an online art provider that allows consumers to choose one of its 2,000-plus images online and pick up the finished framed piece at a participating local frameshop. "As the industry matures, we have to adapt to the way consumers buy online."
After researching the buying habits of online shoppers, and with the knowledge that Gen Y (a generation of individuals who have grown up with instant options for virtually everything) will approach an income level that surpasses that of the baby boomers, McKenzie sought to create a flexible online art offering that allowed consumers to purchase "art their style and for their space." With search capabilities for artist, interest, color, style, setting, edition type and orientation, Artaissance provides an interactive experience that's specific to every customer.
But McKenzie still sees the value in the traditional brick-and-mortar experience. "Artaissance is the marriage of an online platform and the traditional brick-and-mortar experience," McKenzie explains. "The Internet provides the perfect way to browse artwork, but many still want to have the assurance of a brick-and-mortar behind it."
One admitted challenge of selling art online is the ability of consumers to connect with a piece because most art Web sites don't provide much more than an artist's biography. McKenzie's solution: videos created by the artists to personalize the art and bring back the human element.
Promoting the quality of the art offered through Artaissance was also important to McKenzie. "I think you have to work hard to explain to your consumers what they are getting," he says. "With Artaissance, you really are getting a fine-art reproduction."
Testing in the Atlanta, Indianapolis and San Francisco markets, Artaissance is poised to launch nationwide by the end of 2007. Artaissance isn't currently advertising to the consumer market, but it has been featured in Domino magazine and USA Today. The company plans on reaching tech-savvy consumers in other ways that are more directly tied to the Web.
Richard Gipe, president of Art-Exchange.com, took a different approach to online art with a business-to-business initiative that began in 1995.
"I was an investment banker [with] access to the various stock exchanges," Gipe explains. "When I moved into the art [industry], there were no comparable resources to locate needed art. It appeared both buyers and sellers of art would benefit from such an exchange, and it appeared it would be relatively inexpensive (by way of comparison to what it cost to build the NYSE and NASDAQ) to build an art exchange given the maturity of the Internet. So, I put my investment banker hat back on, raised the capital and built Art-Exchange.com."
Designed to serve the needs of the supply side of the fine-art market--artists, publishers and other sellers--and the purchase side--designers and dealers--Art-Exchange brings professionals an array of services that make the selling and buying of art more efficient.
