Art Investment

, Amazon is going to sell art

The world's largest seller of goods and services on the Internet, the company Amazon.com, discusses with dozens of small galleries the opportunity to take them to the realization of a work of art

The world's largest seller of goods and services on the Internet, the U.S. company Amazon.com, possibly as early as this month will begin to sell not only cheap posters and prints, but the original works of art. Official statements to that effect from the representatives of Amazon has not been, however, according to art dealers, with which the company is in talks, we are talking about online platform where their work will offer dozens of small galleries. Amazon.com will take with them a commission of between 5 and 20%for each work sold.

It is unknown what exactly will be sold on a new online site - cheap prints and photographs or maybe it will be original paintings and sculptures. If you believe the results of a study conducted by the insurance company Hiscox among 200 collectors in the spring of this year, about two-thirds of respondents have bought art on the internet, and about a quarter of the respondents shopped online more 75,000 dollars. New York Times in an article notes the factors affecting the growth of online sales: the number of collectors around the world is growing, and more and more collectors (both experienced and beginners) imbued with trust in online sales, in addition, the growing demand for trade fairs and exhibitions of artists to spur the creation of more and more work.

Trading works of art on the internet Amazon.com will by no means the first. He will have to compete with a number of specialized websites, such as - Art.sy , Paddle8 , 20x200 , Artsicle , Exhibition A and others. Read more about online sites that sell art, you can read here and here .

Prepared by Mary Onuchina, AI

Sources : nytimes.com , artinvestment.ru


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