The formula for selling a million-dollar work of art

Some dead sharks are worth $12 million.

The biggest factor in the price of art often isn’t quality, or effort – it’s branding. But when a new artist steps into the art market, he or she has no reputation – no branding. That’s where art dealers come in. They promote, educate, and help artists to gain fame and success.

To learn more about the economics of the art market, you can get Don Thompson’s “The $12 Million Stuff Shark” here: https://www.amazon.com/Million-Stuffed-Shark-Economics-Contemporary/dp/0230620590

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Comments

angedgangsta says:

Art is f***ed in so many ways

Sha Sha says:

This is the only bitcoin before bitcoin.

Liam McCarty says:

If you think this “sophistication” is just a farce of Art, check out fArtism (www.fArtism.org). You’re welcome.

Frank Kleinschmidt says:

Loved the video, hated the animated background. Sometimes less is more.

chaser107 says:

and how did the dealer get famous?

Joseph Charles Colin - View Modern Art says:

My formula is : Warpaint – 5 sec – Price by $77 X the Views = History Starting in 2017 ( over 40 Piece’s Up )

GabiN64 says:

hedge fund executives buying this crap? definitely something shady going on.

Esther Parker says:

Spare yourself the 4 mins:
Its all about connections, not talent.

Warda Al- Shukairi says:

Good video…love it
Am Fashion Designer All my designs in skizze
I am selling all my desiges as one project
Dress 3, 784piece
Shoes 300piece
Jewellery 126 piece

please advise me what to do?! i want to sell it all NOW

PascalGame indonesia says:

I mean look at barnett newman work its just a plain work

Django Scott says:

Why does she always sound like she’s about to start laughing? It’s kind of annoying.

Anjiolina Magarse says:

It really saddens me how the definition of Art is being cheapened.

Gutatto says:

Why is industry still relevant? Like this is the equivalent of having a musician perform and record a song and then having exactly one CD of the song on Earth and selling it to one person for 10 million dollars.

Prajiv T. Varughese says:

I didn’t get it ,it made no sense how do you get your reputation up? lol do they just lucky?

K-FAKE Channel says:

You can’t steal modern art because nobody buy it except the crony of the makers

Helen Eschenbacher says:

In the Davos economic summit this year, it was determined that the EIGHT wealthiest people in the world have the net worth of the bottom 3.6 BILLION people in the world. These rich jerks are running out of ways to “invest.”  They have bought so many Renoirs, Picassos, and this crap that they no longer fit on the walls of their 10 homes/mansions/islands/compounds.  So they rent Warehouses in NYC and store these paintings/sculptures/ “pieces of art.”

The wage gap widens every year.  I look at this and think WTF?  I’ll take living on my $2,000 renovated sailboat ANY day over owning this stuff. and no that’s not sour grapes.  The oceans and  beaches here in Hawai’i are free and open to the public.

VeteranCape says:

Step 1: Be born into a rich family

Spaze l says:

don’t paintings make more money if the artist is dead?

Lisa Gorska says:

can somebody recommend me more books about art selling and art management?

Jowhar Shareef says:

thank you…. always wanted to know this.

David Caruso says:

This woman narrating this video has the most annoying voice oh my goodness

DaxX_ teR says:

1:20 Best Artwork Ever.

Colt1911 Cola says:

Nice Nails

AZ N says:

I want some youtube prankster to go to these auctions and make troll bids

King Dewoot says:

I get a Tai Lopez ad before this, I think his method of getting rich is easier.

Lady Star Art says:

i got some great artwork for sell where are the right ppl?!

I don't know karate cause I'm not a weeb says:

You can’t just cut off a cow’s head and call it art. Now anime and manga that’s real art.

Aj Brandt says:

great example of this on suit life on deck

John Doe says:

Two artists I dislike are Hurst and that japanese guy murakami. both of their work to me is garbage and just commercialized hallow vessels. just part of the lemming culture and craze of brainlessness and talentlessness.

OwGosHh says:

Her voice is awful to listen to

Behind That Suit says:

Fascinating

TheYakisobaNoodle says:

his art is disgusting. Rich people are wild…

Rini Respati says:

Maybe I should work on my skills more… who knows what’ll happen

Ned Gold says:

So I know conceptual and post modern art is unpopular but you can’t tell me “The physical impossibility of death in the mind of someone living” isn’t an amazing title.

Joseph M. says:

if they make the price public it would defeat the purpose of money laundering

Fecal Matters says:

Oh huh, her lisp kills me.

Miguel Freitas says:

Now make a video about Banksy.

Edgar Fattori says:

a painting made of butterflies is half sad, half creepy, half amazing

Horrible-Artist699 says:

its said that during his peak, piccasso was so rich that he could pay peoples dinner fees with some doodles he made… whether or not this is true i beyond me but regardless I think that the mere fact a saying like that could exist to begin with means that art i very valuable.

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