How To Make Money By Re-Selling Oil Paintings? Even with a master’s degree in Art, Heather was struggling to make a living in the competitive world of art dealers. That was until she starts re-selling her paintings online.
Heather opened an e-Bay account with a low payout threshold and has been able to sell enough paintings to pay her mortgage and help with expenses. Heather is a self-described “professional re-seller,” and with online marketplaces, you can become a pro too.
Heather’s story just goes to illustrate that , with enough hard work, anyone can find their way to living an artistic life they love!
I just wanted to share Heather’s story, to show that you too can live an artistic life if you’re willing to put in the hard work.
A lot has changed since I began my artistic life. I now live in London, England, with my Husband and my Artist Wanted sign posted up high enough so that any passersby will be able to see it. I decided to take my talent for oil paintings and turn them into an actual business.
I know, it sounds kind of crazy, but I’m also aware that there are tons of artists out there who are struggling and not making enough to pay the bills and paint their work.
This article is targeting those people and providing a solution: buy and re-sell their paintings. Sites like eBay allow sellers to list their work and buyers to bid on them. If you’re looking for a surefire way to have great art, you’re in the right place.
You meet artists who are looking for someone to buy their work, at a price they determine.
The trick is that you want the work to be worth your time. You know that they are not going to be instantly available at a library.
Some of the paintings are really beautiful. If you have the art knowledge, it can be worth it to go through an auction, catalogue, or estate sale. The lower quality paintings are usually available for re-sell.
Many people enjoy art and are looking for an investment, but they worry about where to start. Oil paintings are an investment that has grown consistently. If you’ve got the art knowledge, it can be worth it to go through an auction, catalogue, or estate sale. The lower quality paintings are usually available for re-sell. I recommend taking the following steps when reselling oil paintings.
You can use the internet to find auction sites, online art magazines, and art galleries.
When you find an oil painting you like, make sure you thoroughly check the piece’s authentication. You can do this by looking at the artist’s signature, the title, the presence of the original gallery label, and the company history.
This might seem like the most obvious step, but it’s worth noting that there are many ways to invest in art. You can buy art that’s already out there. You can make your own art. You can make your own art, take it to a fair, and sell it. The latter is what this post is focusing on.
For those who are unfamiliar with the artistic culture, there are three ways to make money with your paintings. The first way is to take your work to a gallery, who will usually give you a small commission. The second way is to sell your work to an individual. The third and final way is to sell your work at a fair. The latter is what this post is focusing on.
How To Make Money:
One of the first steps to maximizing your profit and ensuring that you can keep this venture going (and even turn it into a profitable business) is to establish a legal entity for your freelance painting business.
The best type of business entity varies based on your type of business and use of funds, but often times it’s recommended to start as a sole-proprietorship and eventually grow the business and (if possible) hire employees and become a corporation or LLC.
Another important factor to consider is whether you’ll be buying your own supplies and painting independently, or if you’ll be buying the supplies and hiring painters locally to paint them on-site.
Sole proprietorships usually don’t require as much of a startup as any other business organizations.
One way to make money is by reselling oil paintings through an online bidding site. If you are looking to start this business, here are some points to consider.
- -Paintings are high-priced items.
- -You do not need employees to run this business.
- -It is difficult to get insurance for this business.
- -You will need to come up with a payment plan before you start this business.
You can write about what goes into opening a business of this kind, what risks are involved, and all the costs. Research Mach. Explore business licensing requirements and decide if you want to be an LLC, partnership, or sole proprietorship. Decide what products you will be selling. Make sure that you maximize your profit potential by buying paintings or canvases at wholesale prices, then reselling them online at a higher price. You can do this by making up your own logo or promotional materials.
If you are thinking about starting your own company, finding the right product to sell is the first thing you will need to do. So what can you sell? You can sell just about anything, at least any consumer good, but it has to be something that is relatively easy to buy and resell. Oil paintings would be a good example of this.
You can write about what goes into opening a business of this kind, what risks are involved, and all the costs. Research Mach. Explore business licensing requirements and decide if you want to be an LLC, partnership, or sole proprietorship.
Decide what products you will be selling. Make sure that you maximize your profit potential by buying paintings or canvases at wholesale prices, then reselling them online at a higher price. You can do this by making up your own logo or promotional materials.
If you are thinking about starting your own company, finding the right product to sell is the first step. If you are more interested in using art, there are some great advantages to this.
Re-selling or re-purposing paintings are a great way to turn artwork into profit, some people are even making a good living off of this. Some say it can be anything from ‘pointless’ to ‘profitable’.
The way this works is that people are finding paintings that are relatively inexpensive, or are about to be taken to the rubbish dump, they are then shipped for more money to the company, who then resells the paintings on the Internet for double or sometimes triple their original costs. The customer can also ship the paintings back.
The costs of shipping and handling are not included in the price, but the customer has the option of foregoing the option if they do not want to deal with the shipping and handling.
-This method only works with paintings in good condition
-Many people in the business will tell you that it is a great way to make a living
-Before anything, it is important to be a good businessman and to know when to invest and when to sell
-People who get good at it at it can buy paintings, take them home and then find a way to sell them
-Often the best way to sell paintings is to attend auctions and to buy them at very low prices
-As Re-selling oil paintings does not have to be difficult or costly.
You could find or have commissioned an oil painting to sell to your buyers. Remember, you’ll have to factor in the seller’s prices, shipping costs, and your profit.
Alternatively, you could try selling paintings in the same style to the same type of market in order to build up a demand.