Online auctions + check out art market prices and pricing strategies for paintings

If you want to know whether your pricing strategy is 'on the money' or what to do if you having problems selling art - check out online auctions for:

• collectors' interest (bids made) for different types of art and
• market prices (price paid) on sales.

This post is about:

• an online auction site which supports fundraising for those wanting to support good causes
• an example of an online silent auction run by the Royal Watercolour Society
• how auctions enable you to check out market prices and artists' pricing strategies

Snapshot of "Be Part of Art" auction website - run by the Royal Watercolour Society on Jumblebee Online Software

It's not often you get an educational insight into just how much people like  specific types of art i.e. when it comes to paying for it!

However auctions can potentially be an excellent way of:

• collectors checking out whether or not other collectors like the artwork
  
• what the real market price is for art 
• artists reviewing whether or not their current pricing policy is in touch with what the art market wants to pay.

HOWEVER it does very much depend on how well an auction has been promoted and then attended by collectors who want to buy.

READ ON to find out more about

• the Jumblebee website and service offering
• the online silent auction run by the Royal Watercolour Society earlier this year
• check out prices paid for art by leading watercolour artists

Jumblebee
​

Our aim is to help charities, clubs and communities to raise funds for good causes.  Our online tools have been developed to help create maximum funds in a fun and engaging way, at minimum cost.  Our belief is that as much as possible of the money raised should go to the cause for which it is intended.

​If your aim is fundraising, we have created a fundraising site to help you. We work with charities, schools, villages, clubs, associations, businesses, communities and individuals to raise funds in a fun and engaging way. 

Jumblebee "About" and "Home" Pages

Jumblebee is a website which provides the software to enable online silent auctions
- to raise funds for good causes. (see testimonials).

I'm not recommending it per se - however it does seem to be popular and have some reputable clients who seem happy with it.

The website tells you more about fundraising through silent auctions - and other fundraising ideas such as pop-up shops

Jumblebee Home Page

Subscribe to Art Business Info. for Artists - NEWS by Email
and receive every post via email. 
Your subscription is only activated
after you verify the link in the email you will receive

"Be Part of Art" 
Online silent auction by Royal Watercolour Society
​

Earlier this year the Royal Watercolour Society held an exhibition called Be Part of Art. It included artworks and documents associated with its artists since the formation of the Society in 1804. 

It also included an auction with a view to raising funds to support renovation for a new gallery space to be run by the RWS. The new Whitcomb Street Gallery will provide the RWS with

• an additional space to showcase their work,
• store their RWS Archive Collection and
• deliver educational activities,

and will complement their existing home at the Bankside Gallery (next to Tate Modern). 

Accompanying this will be an auction of works by contemporary members and a secret postcard sale of works by countless influential British artists. All proceeds from sales will facilitate the renovation of the new RWS gallery space at Whitcomb Street, just off Trafalgar Square.

Be Part of Art was an online silent auction run by the Royal Watercolour Society held earlier this year.

Artworks which were auctioned included:

• normal sized artworks - originals or prints
• postcard sized works (i.e. smaller than normal - hence some of the prices paid)

All work was produced by member of the Royal Watercolour Society.

The associated website indicates both

• the number of bids for an artwork
• what price the painting went for.

PLUS if you click the pic you can find more information about the artwork (eg size and media) 

It provides LOTS of information:

• for artists who want to develop a better insight into whether their pricing inhibits sales.
• for art societies about how to run a silent online auction - and how much proceeds depend on how well marketed such events are.

MORE ABOUT PRICING ART & SELLING ART

FIND OUT MORE about:
How to Sell Your Art and How to Price Your Art
on the
Art Business Information for Artists website