Fill This Form To Receive Instant Help
Homework answers / question archive / A typical fee for Art Galleries is 50% of the sale
A typical fee for Art Galleries is 50% of the sale.
( 50% to Artist/ 50% to the Gallery )
( 50% to Artist/ 50% to the Gallery )
I think that the commission charged by galleries is very fair since galleries themselves are in charge of marketing and advertising the artwork. Galleries can promote an artist and make him famous so that his works would be priced much more expensive, this, like everything in life, has a very high price. From this arrangement, the gallery gets a lot of income. Advertising is 80% important when it comes to generating customers and sales.
The value of a piece of art is delimited by two components: First, the value that the artist gives to the artwork itself, this can be if the artwork is creative, interesting, pleasing to the eye, or has a deep meaning. And second, creativity, publicity and the effort those galleries give to an artwork to be sold is one of the most relevant parts of this chain. For this reason, I believe that the commissions charged by galleries are more than fair. Artist-run galleries are places that are not primarily intended to sell. Its main objective is to establish a network of artists and thus form important connections between them. The cost of entry for any artist is much lower. Also, many of these places can even receive government funding so; the main objective is giving the artist different opportunities and facilitating important contacts and even making themselves more known. The process of entering a gallery can be very difficult, which is why many artists choose different alternatives.
As I mentioned in previous paragraphs, galleries are in charge of advertising a work of art, which is why they are very important since they use sales strategies both in social networks and in advertisements. Although its cost is high, in my opinion, it is fair since one of the two stages of the sales process of any product is to promote it.