Post by ouroboros on Jul 31, 2015 9:42:44 GMT
www.bloomberg.com/news/articles/2015-07-30/why-do-so-many-art-galleries-lose-money-
- Everyone is selling variations of the same art
- Galleries are terrible at marketing
- They are crap at expanding their customer base
- Artists take too fuckin' much of the proceeds
- Galleries are paying a location premium that may not be worthwhile
Feel free to comment. Salient points though
Obviously this is from the perspective of running a galley as a business, so the article will invariably come down to the nuts and bolts of cash flow.
