I’m often asked what kind of artwork sells best – traditional or contemporary, paintings or sculpture, large or small works? On its face, this is a pretty easy question to answer – all I have to do is look over my sales records to see which media and subjects have been selling the best. We’re constantly looking at this kind of information in the gallery to get a sense of where our sales are coming from. I’m hesitant to share this information, however, because I’m not certain how helpful it is for artists who read the blog.
The problem with this kind of data is that we are in such a small industry that it’s very, very difficult to draw truly useful information from these kinds of statistics. Sales can fluctuate dramatically from month to month, and what’s selling today, may not be selling tomorrow. I wouldn’t want an artist to change direction or think that what he or she is creating can’t sell because it’s not what’s “hot” at the moment.
Last year we sold a lot of life and monumental size sculpture. This year we sold more paintings and other wall art – a mix of both large paintings and smaller pieces. Our total sales for this year will be up over last year, but the mix is significantly different.
Because the total volume of sales is so low relative to other industries/products, it’s almost impossible to discern or predict trends. Though our sales of bronze sculptures dipped a bit this year, they could roar back next year.
While I do pay attention to what seems to be hot and work very hard to keep our inventory up for work that is selling well, I can’t afford to put all of our eggs in that one basket. I try to continue to promote a wide range of work so that there are always sales in the pipeline at various price points and in a variety of styles.
Another important thing to keep in mind is that my sales reflect the results of just one gallery in a vast art market. While all galleries will be influenced by trends to some degree, the different kinds of work selling from gallery to gallery will be remarkably diverse. This is true even of galleries that are located next door to one another.
My advice to artists is to continue doing what you’re passionate about doing, no matter what the style or subject. Pursue your work with integrity and consistency, and then find your collectors, either through galleries or through direct marketing efforts. The art market is large enough that no matter what your style or medium, you can find collectors who will be just as passionate about your art as you are.
In his Amazon.com best-selling book, Xanadu Gallery owner Jason Horejs shares insights gained over a life-time in the art business.