Is Saatchi art profitable?

Business Model In Q3 of 2016, Saatchi Art’s gross transaction value was $4.3 million. The average order value in Q3 of 2016 was $1,300. The Y/Y revenue growth in Q3 of 2016 was 30\%. Together with Society6, Saatchi Art is responsible for 59\% of the total revenue of Leaf Group Ltd.

How much does Saatchi art make?

Website: Saatchi Art Saatchi Art takes a 35\% commission of each sale, and they handle shipping of artworks from the artist’s studio to the collector’s home and deal with customs if necessary.

Is Saatchi good for artists?

USER EXPERIENCE: Very good, comparatively speaking. For collectors, it’s easy to discover new artists and search for specific types of artwork through a variety of filters. Plus, Saatchi has a more robust online marketing presence than almost any of the other sites.

How do you get paid on Saatchi?

Choose how and when you get paid. We offer secure payments by check, wire transfer or PayPal. Our support specialists ensure our artists and collectors are financially protected on every sale.

Is art losing its value?

As art has no correlation to the stock market, it means paintings can go up in value even when the market crashes, making it a good diversification for an investment portfolio. But it’s not just about having enough money to buy the painting in the first place.

How much should I mark up my art?

Once you settle on a price, be consistent. Galleries often mark up works by 50\% or more. However, if you do have representation and you’re thinking of selling work from your studio at lower prices than your gallery, think again.

How much does Saatchi cost?

Is there a commission fee? It is FREE to sell on Saatchi Art However, they take a 35\% commission on any original artwork sold. This is quite high compared to some other online platforms, however, like they say, it is less than what a physical gallery usually takes.

How much Commission does Saatchi Art take from my artwork?

If you sell an original artwork, Saatchi Art will take a 35\% commission on the final sale price. If a promotional discount code is offered, the discount will be deducted from the price of the artwork and the 65/35 commission split will then be calculated, so that we are sharing the discount with you.

What is the Saatchi Art marketplace?

The Saatchi Art marketplace contains original paintings, photography, drawings and sculpture by artists from over 100 countries worldwide. In August 2014, Saatchi Art was acquired by Leaf Group (formerly Demand Media, Inc. ).

How do I get paid from Saatchi?

The funds will be made available in your Sales Dashboard. You can be paid by check, wire transfer, or PayPal. Please note that payouts are typically fulfilled 14 calendar days from the date of your request. All you have to do is log into your Saatchi Art account, and go to your Sales Dashboard in order to request your payout.

What is sasaatchi art?

Saatchi Art provides a platform for artists to sell works in a variety of mediums, including: painting, collage, photography, drawing, sculpture, printmaking, mixed media, limited edition prints, installation, and open edition prints. Learn More