What’s Motivating Collectors to Buy Art in 2021
The Furry Lisa, CryptoArt, & The New Economy Of Digital Creativity | by Scott Belsky | Feb, 2021 | Medium
Scott Belskyscottbelsky.medium.com
Artsy’s recent Art Collector Insights 2023 report discovered that, amid a period of economic uncertainty, respondents placed a high importance on purchasing prints.
Arun Kakar • Why the Market for Artist Prints Continues to Flourish
MORE SOCIALLY CONSCIOUS ART BUYERS? In 2020, helping and supporting the artistic community (social impact) and supporting artists (patronage) became the second highest motivation when buying art (68%). This was particularly strong among the younger generations (under 35 years old), where 76% said their main motivation for buying art was social
... See moreBarriers to entry for his peers, Palley explained, include a sense of ignorance. “We’re used to seeing everything online — click to browse and click to buy — and there is huge transparency and the commercial art world is very opaque and hard to navigate.”
“That doesn’t work for us,” Palley continued. “My generation, we want to see numbers, we want t... See more
“That doesn’t work for us,” Palley continued. “My generation, we want to see numbers, we want t... See more