Friday, March 18, 2011

The Bottom Line... Show Season Begins!

Everyone always wants to know - how can this art thing be a full-time business? Well, this time of year, I can feel the same way, as I shell out money for inventory and show booths, and sit and wait until show season begins... well, not really sitting around and waiting. I have plenty of work to do!

And the real question people want to ask - how much money are you making?? Now I'm not one to divulge personal finances, but I will give you my Year to date run-down BEFORE show season begins so for those of you contemplating this lifestyle, listen-up. You need to squirrel away enough during the show season to make up for the off-season with expenses and booth fees to consider.

YTD 2011 EXPENSES (thru 3/11)

Purchased Inventory (i.e., giclee canvas prints): $240.95
Materials (e.g. paint, canvas, print paper, etc.): $1205.21
Show Fees (application and booth fees): $1230.00
Shipping (online orders - NET total): $76.67
Etsy Fees: $75.14
Other Fees (ebay, CC machine, memberships): $281.28
Paypal Fees: $32.06
Marketing/Adv: $90.99

Total Exp YTD: $3232.30

YTD 2011 Gross Sales (Before 1st show)

Etsy: $628.84
Imagekind: $798.18
Fine Art America: $91.34
Zazzle: $39.17
Commissions/Gallery Sales: $816.00
Ebay: $127.95

Total Off-season Gross Sales YTD: $2501.48

OK - Now you see the problem. And given that I need to contribute about $1200/month to our family income, that means I needed to put away about $4300 at the end of show season last year. Gratefully, being that this is my 6th year as a traveling show booth artist, I know to do this. If any of you are new to this lifestyle or contemplating it - REMEMBER to consider your off season expenses! Now, if you are one of the REALLY traveling show booth artists who travel to the Southwest or South to continue shows thru the winter - that's a whole different set of numbers...

Thankfully I made it thru another winter and just had my first show of the season last weekend, bringing me back to BLACK for 2011. Yea! A big THANK YOU to all my customers who made that possible. Now on to the next show!


Deb Harvey said...

Great post! Thank you, so much, for all of the wonderful information! Your artwork is amazing...so I know people are very happy that you are a full-time Artist!

Nick Orban said...

It's easy to become excited after a sale, that's why I think a budget is very important to keep in mind (especially in the slow months). Thanks for the expense run down, your paintings are very nice.

Kimberly Vanlandingham said...

Thanks for sharing! And Wehoo! Show season is beginning! It starts early down here in Florida!

Amanda Makepeace said...

You're in the EBSQ Friday Five!

sherrykey said...

Great article! Thanks for the info.

Jeanne Forsyth said...

Great post - very informative!

Mary Quintrall said...

Wow. Thanks for sharing.

Related Posts with Thumbnails

blogger templates | Make Money Online