Pages

Saturday 18 May 2013

How to create a hipster art collection

 

I came across this piece of satirical gold the other day and while it could be retail’s version of Portlandia, it got me thinking about the ideas behind it. I have always maintained that art needs to look at the retail sector in much more detail and realize that what is happening in retail now will be happening in art galleries in three to five years time. For example, we all know that physical shops are a species in decline and retail is going through a Darwinian style evolution which will result in online ‘experiences’ that will mimic the bricks and mortar encounter.

We also know that galleries are closing in waves due to a combination of consecutive years of economic downturn, reduced investment in art and a more restrained collecting mentality. Whereas retail has shifted and adapted to the market, commercial art still seems to be stuck in a Queen Street fantasy, thinking that the market will hop in their German made cars and come to them. While this is still mostly true, what commercial art isn’t addressing and Freedom Furniture is, is that in five to ten years the collector will be a different species that has been raised on a diet of accessibility, availability and visibility.

So scorn as much as you like (or laugh, because it is brilliant), but Freedom Furniture knows that their future market will be the ‘hipsters’ and they must speak their language, understand their psychology and most importantly come to them. Commercial galleries need to study their future buyers, start to foster a collecting culture amongst them and take the gallery experience to them; be it physical, online, pop-up, pop-down or pop-corn, whatever it takes to engage with the next generation of collectors.


No comments:

Post a Comment