Art Business Marketing: Goals and Measurement

Art Business Marketing is not a mystery. Growing your audience in ways that are true to you can be easy and enjoyable. Let us show you how.

This post is Part 2 of a multi-part series. Subscribe to our Business of Art newsletter to receive notification when additional posts are published. 

 

In the first part of this series, we discussed the basic parts your marketing plan needs to have. In this, and a few future posts, we will go into more detail about what goes into each part of art business marketing and how to put them all together. Think about it like drawing a roadmap with a clear destination, a pathway to get there, and measurable milestones that you can track to determine if the plan is succeeding. 

In this part, we’re going to talk about goals, the clear destination, and measurement, the milestones along the way. If you haven’t already, I highly recommend you go back and read Part 1 before reading this.

Let’s dive in! 

Goals

As we mentioned in Part 1, goals need to be specific and measurable. This is where you want to think about the big picture of what you want to accomplish. 

Some examples of goals could be:

  • Increase sales by 10 percent.
  • Hold 2 gallery openings in a year. 
  • Secure 3 commissions. 
  • Earn $50,000 total revenue. 

Spend some time thinking critically about what you specifically want to accomplish. For example, let’s say you want to sell commissions. Who do you want to sell them to? Do they need to be a certain type? A certain dollar amount? A certain size?

A key part of developing goals is making them realistic. If you’re just starting out and you’ve never sold a single piece in your life, then going from $0 to $100,000 is very unrealistic. Instead, focus on what you honestly believe you can achieve. 

Although these goals may not look like marketing goals, they will significantly influence how you approach your art business marketing. These specific destinations will help you define the audience and customers that you will need to engage during the year. To reach these goals you will need to think about: what galleries you want to show your work in, who will commission you, and who are the customers that will buy your work to generate your revenue. These details are important to your roadmap (marketing plan) for success.

 

Measurement 

 

Your goals will determine what you need to measure. In our map example it is helpful to measure the miles you have traveled towards your destination, it is probably much less helpful to keep track of the number of cows you pass.

For example, if your goal is increasing sales by 10 percent over the previous year, it’s easy to measure whether you’re on track to meet that goal or not. If last year you generate $20,000 of revenue in your art business, this year you want to increase thatto $22,000. Another way to see that is about $200 extra of revenue generation each month. This might mean one more customer or 4 more print sales.

The trick here is to make sure you’re measuring things that are actually important to meeting your goals. We call these “metrics.” So if your goal is to increase sales, you may not find it useful to measure and track things like social media engagement—unless they correlate to closing sales.

An easy way to do this is to document your process. You can choose any tool/place to do this. For instance you could set up a spreadsheet where you can add monthly stats such as sales figures, website traffic, social media followers, etc. At first, it might seem like busy work. And you may start by tracking things that only seem tangentially relevant to your goals. But over time, patterns will start to emerge. Over time, the more data you track, the more you’ll be able to judge whether they contribute to your success. Using social media followers as an example, you might find that whenever your Instagram follower count grows by 5 percent, you get more sales. 

Keep in mind that metrics are finicky. What works today might not work tomorrow. That’s one reason why it’s a good idea to review your marketing plan—and any results you achieved—on a regular basis, which initially may be quarterly but as your business grows you may find it helpful to check where you are at more frequently. 

 

Need help putting this all together? I’m here to help! Check out my Coworking with Creatives workshops or contact me to discuss how I can help you market your art. 

 

Uncertain Musings: Where do you stand?

The Current State of our Home, March 2020

Peace is awareness without fear.

It comes from knowing what you can control and acting; while also knowing what you do not control and letting go.

The turning points in our life happen when we understand how little we control but how powerful those few things can be.

OR we recognize that something we thought was within our means is truly not.

It is precisely times where everything swirls in chaos that we have incredible opportunities to redefine ourselves. These moments, or periods, force us to question what we are about and what we can actually do to accomplish those goals. 

And if it is a chaos that is impacting the world beyond our mind, there is a good chance that everything is being questioned.

There will be a new normal once everything settles down and you are not beholden to who you might have been prior to the tumult consuming society.

Do you know where you will stand when the world continues?

Do you know upon what you will stand when the earth finds its equilibrium?

Mental Prowess Part 3: Alchemy of Turning Mistakes into Knowledge

Check point three was 45 miles into my Shenandoah Mountain 100 ride. It is located at the base of a downhill run that rides like a wooden roller coaster: tight turns, stomach altering elevation changes, and near misses of low hanging tree limbs. The descent was several miles of thrills that set the mind racing with norepinephrine and gave me a sense that I can walk on water. I felt great rolling into the stop! I took very little time to eat and refill my water and felt like the remaining 55 miles were mine.

Things turned quickly in the next section of the ride.

The course to check point four starts with several miles of flat highway riding. It can be a spot to pick up ground and I thought that was what I was doing when I put my head down to draft off of a guy passing me. We took turns pulling to the trail head. The pace was high and I kept some of the steam up into the notoriously technical climb in the woods. Eventually I succumbed to the grade, the roots, the rocks and my rising heart rate. I hiked a good portion of the final ascent, but alas the summit came.

I took a breath, took in the view and giddily I mounted my metal stead.

Something was wrong. I could not maintain my line on the single track. I found myself off course and unable to sustain any meaningful speed. Each root and rock sent a shock wave through my bike and into my body. After a miserable few miles of down hill, I slow pedaled the final mile of flat into checkpoint four. A volunteer made eye contact and asked if I was alright. I was not alright. I tried to avoid verbally acknowledging the anguish but my body would not hide the truth. She persisted and brought me food, filled my camel bak and made sure the mechanic lubed my chain.

I did not know if the next 18 miles to checkpoint five were possible, let alone the remaining 43 to the finish.

There is a good chance the over exertion on the highway clouded my thinking. I did not listen to the cues of my body, or even the voice in my head, until I started THE DESCENT of the day 20 miles later. Several hundred meters into what should have been my entrance to euphoria, I encountered the same sensations of the previous down hill. This time I stopped. I decided to check my machine and behold I found the problem! My suspension was locked out by mud. I spent a few moments cleaning and working the parts and got my bike operating much better. I remounted and proceeded to find a state of flow far beyond my typical daily existence!

Processing the experience allows me to see a lesson I can take into life beyond the saddle. Your brain and your body are finely tuned machines, particularly if you have done your homework or practiced. They can provide you with incredible information that you just need to pay attention to. I rode 20 plus miles on faulty equipment. It cost me time, it cost me energy, it could have lead to a DNF and it could have damaged my nearly-new-shamefully-expensive bike.

 

Space to think turns mistakes into the gold of knowledge!

Mental Prowess Part 2: Joy is an Energy Pool

Joy in an image

Shenandoah Joy William Ward [CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)]

I am reading Tribe of Mentors. The concept for the book is quite simple. Well known life guru Tim Ferriss decided there are a large number of people he wants to get to know better. To do so, he made a unique proposition to highly successful folks within and slightly beyond his network.

I, Tim Ferriss, am publishing my next book and I want to include you in the book, all you have to do is answer these questions.

Being published in a book with a widely read author is a pretty valuable proposition for just about any one. Needless to say he elicited responses from incredible people.

There are a few themes that show up consistently throughout the dozens of responses from highly accomplished individuals: fitness and meditation.

It is not surprising to see these things prioritized for folks. But if you think about it, for many of the respondents neither is “billable” nor directly contributes to their work.

Why are they valuable; so much so, that one would taut them in writing in a very public way.

Fitness and meditation are spaces to think! This post and the following three; is my take on what makes mental liberation so valuable.

Joy
In mountain biking you often see sights that are only accessible by trail and therefore cut off to many viewers. Please keep this a secret, but the western edge of the Shenandoah Valley is gorgeous! There are hues of blues you can only imagine, a rainbow of wild flowers popping on the horizon, and expansive mountain vistas. My Shenandoah Mountain 100 ride this year also packaged some magic.
Hours of rain the night before created less desirable traction conditions but also produced fantastical atmosphere. As I gained elevation I literally began to float among the clouds. As I maintained a pedal cadence, I could feel the beat of my heart radiating through my body, and the air was hazy making my view of trees and other riders seem to be apparitions. The trance like state put me in new dimensions of euphoria!

Processing the experience allows me to hold onto this blissful moment. It will linger in my mind as a pool of beauty to tap into when I need to be reminded of what is wonderful in this world! I have expanded an internal source of energy that no one can remove from me and is available at any time. Space to think allows momentary happiness to turn into life-long joy.

Mental Prowess Part 1: Stop and Think, you don’t have time not to

Post 100 miles and 13,000 feet of climbing

On Sunday September 1st 2019 I got beat up.

It was my fault. A series of decisions, and probably my biology, put me in the position to be in immense pain that day.

I completed the Shenandoah 100, an ultra-endurance backwoods bike race in the mountains of Virginia. The experience was taxing on my body. My quads were quaking, my forearms were on fire, and my body was bruised. Twelve hours of physical exertion is a lot to endure.

I thought I planned my recovery week accordingly. I allowed myself to step out of my rigorous workout routine and planned to refrain from general physical activity. My body rebounded quickly. The following day I was achy but was not debilitated by pain. On the second day, I returned to my bike to commute to meetings and by the fourth day I was back in the gym.

However I had not recovered.

I neglected to consider the mental aspects of regaining normalcy.

I planed to proceed through my typical professional week. I maintained my usual load of meetings, I had a major event on the books, and the calendar had a launch date for a significant project. My mind needed to be incredibly active to accomplish the load.

I unknowingly did not create space to process the experience.

A critical part of endurance athletics, or doing anything hard in life, and quite possibly the true challenge, is the mental aspect. It takes a tremendous amount of will power to push through extreme activity. There comes a point where you are bored of having done the same thing for extended duration of time. You just have to keep going. There comes a point where irritation hits your awareness. You just have to keep going. There comes a point where you feel the pain. You just have to keep going. There comes a point where you ask why am I doing this. You just have to keep going.

To accomplish the big and challenging things in life you have to override your brain.

Mental prowess is developed through such exercises. This self induced trauma creates frameworks to see things differently. This new perspective is where you will find power to leap over personal and professional hurdles.

So what happened on my ride that I needed to get out and what value might doing so provide?