Business Idea

Start An Art Business

About

Starting an art business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell art, or selling art online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start an art business ➜

Key stats

market size
$67B
revenue (monthly)
$4.9K
starting costs
$38K
gross margin
50%
avg product price
$1300
time to build
7 months
growth
Word of mouth
business model
E-Commerce
time investment
Full time

About

Starting an art business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell art, or selling art online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start an art business ➜

Key stats

market size
$67B
revenue (monthly)
$4.9K
starting costs
$38K
gross margin
50%
avg product price
$1300

 

time to build
7 months
growth
Word of mouth
business model
E-Commerce
time investment
Full time

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $35 $3,250
Employee & Freelancer Expenses $0 $5,500
Equipment & Supply Expenses $525 $5,500
Website Costs $232 $6,500
Business Formation Fees $5,600 $20,400
Retail Business Expenses $0 $14,950
Training & Education Expenses $0 $1,000
Software Expenses $150 $3,044
Advertising & Marketing Costs $75 $4,736
Inventory Expenses $50 $3,750
Other Expenses $0 $800

Successful Businesses

Business URL Rank
University of Colorado Boulder colorado.edu #2,359
中华网 china.com #6,939
ARMTV.org All New Armenian TV Series Online armtv.org #73,150
The Art Institutes artinstitutes.edu #104,442
RaleighNC.gov raleighnc.gov #123,197
Tulsa Community College tulsacc.edu #128,221
Create an Ecommerce Website and Sell Online! Ecommerce Software by Shopify artbeatstudios.com #129,855
SFMOMA sfmoma.org #143,828
American International College aic.edu #191,080
OCSA > Home ocsarts.net #219,488
Direct Art Australia directartaustralia.com.au #265,223

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Little startup costs required The cost to start a art business costs significantly less money than most businesses, ranging anywhere from 6,667 to 69,430.
Rewarding work Starting a art business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Meaningful business connections You never know who you will meet as a art business. This could be the start of an incredible business opportunity!
Quick build time The average time it takes to build your product is quick - typically around 7 months. This will allow you to bring your product to market faster.
Cons Description
Crowded Space Competition is high when it comes to your art business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Isolation Often times, as a art business, you typically work alone and do not have much face-to-face interaction with other team members.
You may need to charge sales tax If you are selling your products in various states, you may be required to charge sales tax. Although this may not impact your financials specifically, it can be a headache to create a process and procedure for this. To learn more about sales tax, check out [this article](https://www.thebalancesmb.com/do-i-need-to-collect-sales-taxes-in-my-state-398913)
Work can be repetitive You may find creating the same product over and over repetitive and tiresome. One way of avoiding this is to diversify product lines and revenue streams - this will keep things interesting!
Time commitment With starting an art business, all responsibilities and decisions are in your hands. Although this is not necessarily a negative thing, work life can take over at times. This can place a strain on friends and family and add to the pressure of launching a new business.
Difficult to build trust with your customer With starting an art business, there can be minimal face-to-face interaction, which means it can be a lot more difficult to establish trust with your customers. You'll need to go the extra mile with your customer to grab their attention and business.

Marketing Ideas

  • 1

    Affiliate program

    An affiliate program is a way to reward people outside your organization to share your product.

  • 2

    Direct sales

    You may find yourself in a spot where you're ready to hire a few (or many) salespeople to support the sales conversion process. Regardless if you have one or thirty salespeople, it's critical that you assign them specific roles and responsibilities to nurture the client and provide excellent support.

  • 3

    Word of mouth

    The most tried and true way to grow a art business is through word of mouth - some entrepreneurs would say it's more important than all social media.