How can I structure my business model?

3 replies
I focussed since the beginning of this year on a startup with lower budget and only used my sales skills, which I used, in the past, as a selling paintings only on eBay. Mostly paintings after well known artists and limited edition prints.

Since I have this know-how and know how to change the title and description, I had to cooperate with someone in this field, but I only sell on chairishcom & VINTERIOUR where they only sell Furniture mostly. And of course eBay as well, since they allow 1$ auctions, but I really want to focus on the Premium market only.


To make it short, I really don't know if I also have to go on "ETSY, Plazzart and selency where I would only be able to make profits like 25-80$" because on the Furniture sites, I make 100 - 400 $ in profit.

Is it a good strategy to say NO to these kinds of sites? Accounts get banned, not much professionality and customers looking for cheaper solutions there.

The GREATEST hurdle in this is "Traffic". The overall advantage with eBay, Etsy, intondo, artsy and 1stdibs etc is you dont have to worry about that... its already there ..



What else can I try ? Should I refer the other sites to get more businesses from, which I really want to?


The GREATEST hurdle in this is "Traffic". The overall advantage with eBay, Etsy, artbrokerage, intondo, artsy and 1stdibs etc. is you don't have to worry about that... it's already there ...

and the next level is what? I am looking for online Primary Market Galleries, but where can I find them?


Put together a premier in appearance online presence with unified outlets across all of the platforms



Thank you in advance for the answer and thoughts..
#business #model #structure
  • Profile picture of the author Randall Magwood
    If you go on sites like etsy, Plazzart and selency and get earn $25 in profit, you still profit. More importantly, you earn a customer. When you get a new customer, that means you can market to them over and over again with very low cost per sale. It's free money. The more customers you can get from these platforms the better. Years from now if you continue to use these platforms to get customers, and you continue to re-sell to your customers... the only problem you will have is hiring new staff to keep up with the fulfillment and delivery of orders.
    {{ DiscussionBoard.errors[11752513].message }}
  • Profile picture of the author DABK
    Not my site, but they list 10 places to sell art: https://artplusmarketing.com/the-10-...9-6a37158984b4

    Why do you think you have to sell for less than on furniture sites?

    Originally Posted by Buch Nerd View Post

    I focussed since the beginning of this year on a startup with lower budget and only used my sales skills, which I used, in the past, as a selling paintings only on eBay. Mostly paintings after well known artists and limited edition prints.

    Since I have this know-how and know how to change the title and description, I had to cooperate with someone in this field, but I only sell on chairishcom & VINTERIOUR where they only sell Furniture mostly. And of course eBay as well, since they allow 1$ auctions, but I really want to focus on the Premium market only.


    To make it short, I really don't know if I also have to go on "ETSY, Plazzart and selency where I would only be able to make profits like 25-80$" because on the Furniture sites, I make 100 - 400 $ in profit.

    Is it a good strategy to say NO to these kinds of sites? Accounts get banned, not much professionality and customers looking for cheaper solutions there.

    The GREATEST hurdle in this is "Traffic". The overall advantage with eBay, Etsy, intondo, artsy and 1stdibs etc is you dont have to worry about that... its already there ..



    What else can I try ? Should I refer the other sites to get more businesses from, which I really want to?


    The GREATEST hurdle in this is "Traffic". The overall advantage with eBay, Etsy, artbrokerage, intondo, artsy and 1stdibs etc. is you don't have to worry about that... it's already there ...

    and the next level is what? I am looking for online Primary Market Galleries, but where can I find them?


    Put together a premier in appearance online presence with unified outlets across all of the platforms



    Thank you in advance for the answer and thoughts..
    {{ DiscussionBoard.errors[11752661].message }}
  • Profile picture of the author sitruc12
    [DELETED]
    {{ DiscussionBoard.errors[11753002].message }}
    • Profile picture of the author sitruc12
      [DELETED]
      {{ DiscussionBoard.errors[11753003].message }}
      • Profile picture of the author sitruc12
        [DELETED]
        {{ DiscussionBoard.errors[11753004].message }}
  • Profile picture of the author Urina Simmons
    thank you, this will help me
    {{ DiscussionBoard.errors[11757182].message }}

Trending Topics