Finding New Buyers Is Top Concern for Art Dealers, Says Arts Economics’s McAndrew

Finding New Buyers Is Top Concern for Art Dealers, Says Arts Economics’s McAndrew

Assessment

Interactive Video

Business, Arts

University

Hard

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The video discusses the challenges faced by the art market, particularly the need to access new buyers as traditional markets become saturated. It highlights the growth of online sales, which, despite being the fastest-growing segment, still represents a small portion of the market. The video also addresses the underrepresentation of female artists in galleries and auctions, noting a significant gender disparity in the art world.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the main concerns reported by dealers in the art market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies are galleries using to reach new buyers?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the growth of online sales impacted the art market?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the 4% statistic regarding collectors purchasing high-value art?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What evidence is there regarding the representation of female artists in the art market?

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