Are you an art buff? Know a good
piece when you see it?Starving artist sales, which are usually
held at area hotels, are a great place to pick up great artwork for
fabulous prices. You can purchase as few or as many paintings as you
wish and resell this artwork in a home art shop, via newspaper ads,
or over the Internet for a substantially higher price than you paid.
This is a unique business opportunity that can be highly
profitable. What is interesting about art is the fact is is
difficult to put a price on a piece. If you are in a smaller town,
you can buy pieces of art fairly cheap. This is because the local
market may not be able to support high priced art.
In more affluent, larger cities, the same piece of art you bought
in the small town may be worth thousands of dollars more because
there are more people with expendable cash. If you can identify what
the "rich art lover" enjoys, you can pick up these bargains and
resell them to this type of buyer. Art is a lot like wine. It is
only good if you like it. No two people have the exact same tastes,
so an inexpensive piece of art can be worth a lot to someone who
really likes it.
To start a business like this, you need to know art and what
kinds of art people are willing to pay good money for. Your start-up
costs will be low. Basically just purchasing a few pieces and try to
sell them. Once they are sold, take the profits and reinvest a
portion of it to buy more pieces.
A great place to sell the art you find is ebay.com and other
related art auction websites. Or, start your own website and sell
pieces of art. College art departments have huge art sales toward
the end of each semester, where you can find great bargains. The
artworks offered at these sales are often great works for very low
prices. The students who are selling their work are happy to sell
their work for recognition and are not too interested in the amount
they receive for their work. The selection is great and the styles
vary greatly. You could purchase several small works by one artist
and resale in an art cluster for a much higher price than you paid.