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Wholesale Art

April 28, 2008

HDExpo Puts Art in the Hospitality Picture

Changes in the tradeshow scene regarding the art business have been frequently reported here. The traditional industry shows such as ArtExpo and Decor Expo are well off their peak years in size, as are the publications that support them. And, the total number of shows serving the industry are at lows not seen in decades. No matter what factors you use to account for the downward trend, they are sadly there and showing no signs of resurgence.

Tradeshow Woes Are a Problem Across Many Industries

It's not just art and picture framing shows that are on their heels. You needn't look hard to find evidence of contraction in all kinds of industries. Given such a multi-industry trend is surely a cause to wonder if there are alternative shows worth either attending or exhibiting for artists and publishers.

There Are Bright Spots To Be Found

One growing show growing increasingly important to many art publishers and self-representing artists is the HDExpo. It is the sister tradeshow to Hospitality Design magazine, which also is growing in size. These entities primarily serve complete design needs for hotels, restaurants and corporate centers.

Gaining traction in this market is a way to create a steady cash flow from a distribution source outside the gallery and online channels that are top of mind for most artists. Not to say the field isn't competitive. It is, but I have always maintained there is ample room in the most crowded fields for artists who bring a fresh perspective to the scene.

Hospitality Design Magazine Publishes Largest Issue Ever

As a former trade magazine rep, I drooled with lust when I saw the most recent at-show copy of Hospitality Design. At 448-pages plus cover, it resembles a mid-size city phone book. I hadn't seen a trade pub that size since the heyday of Decor magazine's show issues for New York or Atlanta many moons ago. The combination of growing importance of the HDExpo show and the size of the magazine puts an exclamation point on their momentum and the market they represent.

Las Vegas Is a Boom Town for Home Furnishings & Hospitality Design Shows

Las Vegas is also home to the World Market Center. It is the host site of the Las Vegas Market, which also is bucking the downward trend as a huge fast growing international home furnishing marketplace. The common wisdom for decades was no venue could successfully compete against the IHFC show and the concurrent shows in High Point, NC for the home furnishings market.  In just a few short years, the Las Vegas Market has proven there can be a viable alternative to the IHFC.

To Be An Effective Marketer in an Industry, You Must Be a Student of It

Effective marketing is a multi-year strategy. The first stage is to become educated about potentially lucrative markets important and new to your business. If you have your own designs on seeing your originals and reproductions used in the hospitality industry, learn all you can about the shows mentioned here and the markets they represent. You likely don't have the budget to tackle them all. But spending time studying them is a great first step towards getting your foot in the door at one of them at the appropriate time.

On the HDExpo Web site, go to Expo/Exhibitor List/Product Category Search. Start with the Artwork: Prints/Reproductions/Photography category and work your way through all the other appropriate categories for ideas on companies to approach, or to see what those exhibiting are doing on their on Web sites. It will be time well spent to study this terrific resource. And, of course, if you can actually go there, all the better. This year's May 14-17 conference and May 15 -17 exhibition dates are upon us. If it's too quick for this year, tickle it as a must for 2009.

Surtex Offers Artists Yet Another Alternative to Galleries and Selling Online

The Surtex show runs May 18 - 20 at the Jacob Javits Center in Manhattan. Surtex bills itself as a licensing show for original art and design and offers a different kind of distribution and income from the hospitality business. Surtex is a terrific venue for artists who want to license their work. It's a show to walk the first year and then to decide if paying for exhibit space makes sense. Many artists are able to make connections there by respectfully and tactfully approaching publishers and licensors when they are not otherwise busy in their booths. The better you prepare for these shows, the better your experience will be.

October 10, 2007

ArtExpo Las Vegas & Decor Expo Atlanta Shows Mirror the Market - Part Two

The New Millennium Brings Change and New Challenges to the Industry

The early years of the 21st century set the stage for major changes within the industry. For example, against a trend of declining trade magazine ad pages, the industry witnessed the largest shows ever. There was the demise of the PPFA (Professional Picture Framers Association) shows as stand alone entities, and the rise and success of the industry’s only regional framing and art show in the form of the West Coast Art & Frame show. 1999 brought the sale of the Commerce Publishing Company's ABC (Art Buyer's Caravan), Galeria and Frame-o-rama show and DECOR magazine to Pfingsten Publishing LLC.

The Commerce Publishing Company sale to Pfingsten Publishing LLC led to its acquisition of Advanstar Communications' ArtExpo shows, Art Business News magazine and other related media and show properties. The Pfingsten's ownership also brought the end of CPC’s regional art & framing tradeshows. Deemed marginally profitable and contracting in size, the new investment firm owner cancelled shows in California, Orlando, Dallas, Louisville and rotating shows elsewhere. The closing of these shows was an early indication of both changing market conditions and different management philosophy.

Continue reading "ArtExpo Las Vegas & Decor Expo Atlanta Shows Mirror the Market - Part Two" »

August 21, 2007

The Secondary Art Market - Bev Doolittle's Beyond Negotiations Sold Out & The Lunacy of Limited Edition Giclees

Brad Greek, a longtime supporter of my book, consulting and blog recently notified me Bev Doolittle's latest limited edition piece, Beyond Negotiations, was sold out at Greenwich Workshop, her publisher of many years. No surprise in that news really. When I blogged about the work last month, the larger canvas giclee 350 piece edition was already taken. It was only a matter of time before the smaller canvas edition of 3,750 would also be no longer available at the publisher level. Together, the two editions represent $4 million in retail sales for unframed work. (Erratum, the edition of 3,750 was identified on my previous post as being on paper. That is incorrect, it is also a giclee on canvas.)

There may be other artists selling out large editions like Doolittle's, but I doubt any are doing it as quickly as we've seen with Beyond Negotiations, which is her first limited edition published in eight years. Obviously, her fans, collectors and speculators remain enthusiastic about her work. The new piece is already active on the secondary market. The secondary art market and unlimiting giclees are the subject of this post.

Continue reading "The Secondary Art Market - Bev Doolittle's Beyond Negotiations Sold Out & The Lunacy of Limited Edition Giclees" »

May 23, 2007

Artprints.com Announces a Wholesale Division

ArtPrints.com, an online retailer of primarily posters, announced it has launched a wholesale division. I can't claim any knowledge of this company's business activities or reputation. It could be solid gold, it's just not one that has reached my consciousness. But then, there are supposedly more than 100,000 sites selling art these days.

What caught my eye was the company's foray into the wholesale consolidation business. Consolidators take small orders from retailers who don't want to order the minimum numbers required by many poster publishers. For instance, a retailer might need one piece from Haddad's Fine Arts, one from Wild Apple Graphics and two from Winn Devon. Rather than loading up on more prints than needed in order to meet the minimum, a retailer can go a consolidator and get a small order, or batch order placed with one-stop shopping.

Continue reading "Artprints.com Announces a Wholesale Division" »

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