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Art Market Overview: State of the Arts: San Diego, 2005 Salk Institute Art and Science Forum, Jan 6, 2005 Interview by Alexandra Rosa and Phillip Swenson on ArtRocks! www.wsradio.com Hear it by clicking here This article will take you though the general outline of marketing of art on an international level. It will then explain how San Diego, although not perceived as successful cultural visual arts center, has an opportunity to make a mark on the visual arts world. There are then suggestions of how to change this perception and create a vital and supportive arts community. TYPICAL ROUTE OF ARTIST Many, although not all, artists start after their art education hopefully on the route to success. There first showing experience will probably be their graduate show at a university/college. For further exposure they enter competitions - local, national, international . When they have a body of work they open their studio and invite everyone they know to support them and spread the word. At this point, they may consider joining and showing with an art associations. Most artist want a permanent place in an art gallery and will be lucky to be included in a group shows and then work toward the enviable one person exhibition. Finally, the crown on the art career is the cherished museum show/retrospective. THE MARKET - How the Art Market functions Because there are a limited number of big spenders in the art world, it is vital for the high end market “powers that be” to control the market as much as possible. Limiting numbers of artist who can command high figures for their works s essential to keeping prices high. This is controlled by 1. art dealers 2. major collectors 3.museum directors. This trio has vested interested and consult and help each other. Art dealerssell to collectors and museums. works gain status by being displayed in museum and galleries there by going up in value. Collectors and art galleries help fund raising for museums. Collectorsgive their collection to museums (and get tax advantages). Until recently, often gallery dealers gave a percentage of works sold during a museum show to the museum. Conflict of interest stopped this process. This process is aided by art critics/magazines , universities exhibitions, and auctions all of which help to build the reputations of certain artists. THE NEW MARKET - The PBB - POST BABY BOOMER MARKET This is new money made from tech stocks and biochemical. It is young money. It is an audience ready to use the internet to make purchases. We are experiencing a change from an agricultural society to an information society. We used to be tribal and we are now individually oriented. Those aged over 40 are generally linear thinkers but those under 20 are visual and associative thinkers. They congregate on the web world wide and not just at the local level. But socializing is still important. Meeting places such as art openings are still a important part of their lives. Although San Diego has an inferiority complex when it comes to Fine Art and we are not known as a cultural Mecca : SAN DIEGO HAS AN OPPORTUNITY TO DO IT DIFFERENTLY – Richard Florida says we are one of the top three most creative cities in the USA because of the 3 T’s – technology, talent, tolerance. What sets San Diego apart:
WHAT STEPS CAN WE TAKE TO DO IT DIFFERENTLY
Find the new market -
ARTIST AGENTS - what can they do for our market
Patricia Frischer has been an art professor at California State College in Humboldt, head of the Art Department at an international school in Nottinghill Gate, London, Director of a sales gallery in London, England and for three exhibition spaces at Cal State Humboldt. She has written the book, "The Artist and the Art of Marketing" and has lectured extensively on marketing for artists. As a dynamic part of the arts community in San Diego, Frischer was board member for the (COVA) and Coordinator for the COVA Art Collectors Round Tables. Patricia is currently Coordinator of the San Diego Visual Arts Network. She holds a master degree from California College of Arts and has exhibited her own paintings internationally. Artist Agent Training Course are starting by arrangement. Four 2-hours sessions which helps a agent to form a agency or helps a gallery to network locally for improved marketing and make a business plan for success. Full details are found at www.DrawsCrowd.com by looking at Education/Artist Agent/ Short Course.
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