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Artist Marketplace

Mike,

Here are our most recent stats from the first nine weeks of the new AAW Online Sales Venue's operation:

- total number of items listed: 241
- total number of items sold: 27 (11.2%) - may be more, this is just what we know about
- least expensive item sold: $125
- most expensive item sold: $12,000
- total value of items listed: $918,500
- total value of items sold: $61,300 (6.7%)
- galleries participating by posting items for sale: 11
- individuals participating by posting items for sale: 53

Additionally, since the new venue went on line in July, the AAW's website has gone from ranking # 323,780 to # 80,299 in terms of most popular websites on the planet, according to ranking.com. That puts the AAW website in the top 99.927% of the roughly 112,000,000 active websites worldwide.

I don't know if these two sets of facts are related, but there seems to be a strong correlation.
 
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galleries

galleries participating: 11

are galleries buying for themselfs or clients????????
 
if a member posts on marketplace the turner gets full price, there is no commision or other costs are there?????????

if a gallery posts on the marketplace the turner gets whatever price he has previously arranged with the gallery????

if the gallery owns the piece, the turner would only receive what was previously been paid, no new money?????????

seems to me that galleries would be looking for unknown turners to post to the marketplace

seems this is very good for shopper also, but the choices to be made by the shopper must be overwhelming

the pieces displayed in the marketplace are very humbling, i understand why a gallery may put a piece in that the turner just did not have the confidence to post
 
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- total number of items listed: 241
- total number of items sold: 27 (11.2%) - may be more, this is just what we know about
- least expensive item sold: $125
- most expensive item sold: $12,000
- total value of items listed: $918,500
- total value of items sold: $61,300 (6.7%)
- galleries participating by posting items for sale: 11
- individuals participating by posting items for sale: 53

Do you have any tracking of individual sales vs. gallery sales?

Also, are the gallery pieces only available through the site? (Meaning an in-person sale at the gallery isn't counted above?)
 
Owen,

My count is that 9 were sold by galleries and the rest (19 - one sold today) were sold by individuals.

The AAW online sales venue does not sell these pieces directly - we only act as a facilitator. So, by definition, a galleries' postings on our sales venue would be available for sale through their physical store. We have no way to know the details associated with a given sale, unless the seller volunteers that information to us. Some of these sales may very well have happened without any influence from the online sales venue - we simply have no way of knowing. Galleries and individual AAW members who choose to post a piece on the sales venue are free to price, market and sell their items as they see fit.
 
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