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Author Topic: Why good marketing is important for the price of your paintings  (Read 777 times)

nolan

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http://gizmodo.com/banksy-sold-225-000-worth-of-art-at-a-central-park-sta-1444833251

Art Sale

You missed it. On Saturday, Banksy set up a nondescript stall on the edge of Central Park, where he sold stencilled prints for $60 a pop. The monkey with a sign, the guy with the flowers, the rat with the smirk—all the classics were there. Too bad nobody wanted them.
Over the course of the day, only three people bought prints from the old man watching over the stall, subtly labelled "Spray Art." One woman bought two small canvases and bargained her way into getting a 50 percent discount. (Careful there kids–each one of those is worth a year of college tuition!) A young woman bought a bigger canvas for regular price. Some lucky guy from Chicago bought four for his new house. He just wanted "something for the walls."
All things told, The Guardian estimates, Banksy sold about $225,000 worth of art for just $420. (The entire stall was probably holding over $1 million with of canvases.) It's actually a great, sort of self-deprecating joke. The artist is more or less acknowledging the fact that, hype aside, his art doesn't cost much to actually make. Even that $60 price tag was probably too high, if you boil these pieces down to materials and labor. This contrasts with some of the other more in-your-face works in Banksy's month-long show in New York City.
Of course, few people would have guessed that these were authentic Banksy works—not just because the artist is so high profile, but because New York City sidewalks are littered with people selling Banksy ripoffs.


lynn p.

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Reply #1 on: October 15, 2013, 06:44:20 PM
That is so interesting Nolan.  Banksy has appeared here in New Orleans and done some amazing work on sides of decaying buildings.  People actually want to take the building down so they can preserve the artwork.  This is just like him to do this!!!


ncwren

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Reply #2 on: October 18, 2013, 01:22:11 PM
Enjoyed the links Nolan-I have never heard of him. :blush:   I especially liked the NY voice and normal voice graffiti!
~Natalie

Be an encourager. The world has plenty of critics already. ~Dave Willis


Tony (ASM)

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Reply #3 on: October 19, 2013, 02:21:21 PM
Banksy is on Twitter too! Here's the Twitter name: @banksyny
''Don't spend life going forward in reverse, just glimpse the rear view mirror now and again then, focus on what lays ahead''.
(Tony. ASM 3rd July 2013)


nolan

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Reply #4 on: October 21, 2013, 11:21:28 AM
being in New Zealand, I had also not heard of him before, but since this article I have seen that he does a LOT to promote himself and that is why he is making so much money from his paintings


 

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