State two factors to considered by an artist to sell artwork at a profit

Business/Management

ScanSolve AI Answer

To sell artwork at a profit, an artist should consider:

  1. Market Demand: Understanding what kind of art is currently popular and sought after by collectors and buyers. This involves researching trends, galleries, and the general art market.
  2. Pricing Strategy: Setting a price that reflects the cost of materials, the artist's time and skill, the perceived value of the artwork, and the target market. This also includes considering gallery commissions or online platform fees.
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