The other day, I found an article from the NY Times. The piece had a really cool topic that discussed the market of luxury goods and the presumed reasons for their delay in taking off in online purchases. It introduced some of the hesitations for the acquisition of fine art via the Internet. After outlining these ideas, it even predicts a shift in this mentality. The reasons presented make perfect sense and really pave the way for what could be a whole new direction for the art world and other fine purchases.
It should come as no surprise that fine art purchases haven't skyrocketed like their counterparts, music and books. Fine art is an investment that requires more than just a few dollars to obtain. It is possible that this is one of the leading reasons why fine art purchases have not taken off...until now.
However, the upcoming generation has shed their parent's ideals on what it means to make this investment. They no longer require an in person observation before they are willing to go through with the purchase.
The next generation brings about a whole different mindset than that of their parents. They are more apt to make these expensive online purchases without viewing the artwork first hand. Having grown up with the Internet, there is a trust and comfort level that is brought about, setting the new standard for the purchase of luxury goods. They are loyal to the simplicity of acquiring goods through a few simple clicks. There is no longer a commute and excessive time spent. It is an efficient means of researching and acquiring that which young investors desire.
Though it may not be tomorrow, it would appear that the fine art industry is now bridging the gap to modern day purchase with young, wealthy investors leading the way!
It should come as no surprise that fine art purchases haven't skyrocketed like their counterparts, music and books. Fine art is an investment that requires more than just a few dollars to obtain. It is possible that this is one of the leading reasons why fine art purchases have not taken off...until now.
However, the upcoming generation has shed their parent's ideals on what it means to make this investment. They no longer require an in person observation before they are willing to go through with the purchase.
The next generation brings about a whole different mindset than that of their parents. They are more apt to make these expensive online purchases without viewing the artwork first hand. Having grown up with the Internet, there is a trust and comfort level that is brought about, setting the new standard for the purchase of luxury goods. They are loyal to the simplicity of acquiring goods through a few simple clicks. There is no longer a commute and excessive time spent. It is an efficient means of researching and acquiring that which young investors desire.
Though it may not be tomorrow, it would appear that the fine art industry is now bridging the gap to modern day purchase with young, wealthy investors leading the way!
About the Author:
Emily Sigidson is a freelancing lifestyle writer whose main passion is art. He loves discovering new contemporary artists. If you would like to learn more about Surrealist he suggests you visit his friend at www.bregeda.com.
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