My Favorite Start-up Chile Companies
naysawn.com
naysawn.com
that seems like it's modeled on companies that sell socks, or nappies (diapers), or the like. but you (i? everyone?) don't buy art like that. it's not a regular purchase, and you need to look through a lot of examples to find something you really like.
am i completely mis-understanding how people buy art in the states? (i'm not bullshitting here - about half the art we own was bought over the internet, most recently from http://puntoarte.cl/, so i would have thought i am - apart from location - the target demographic).
maybe it's more like small impulse buys? what prices?
(incidentally, i don't claim puntoarte is a great place for art - i think you could improve it significantly with curation - but that doesn't alter the basic argument, i hope)
Art.com has a strong presence in reproductions and posters but most original art is bought in direct contact with the artist or literally on the street.
The higher end art market is the galleries of course, but due to their structure, they're in the business of trying to pick winners and selling at very high prices. They don't see a wider market below people who can drop $10k on a piece.
and i guess that also explains sumo's approach? choosing a particularly good item and then having a first-to-buy approach gives both a carrot (attractive to many) and stick (limited availability) to overcome the remote factor.
thanks for the replies. i was curious how it could work and now it makes more sense.
I'm very glad you said this. It's exactly what we're going for at Artsicle.com. Supporting your local artists by renting their artwork. If you like it, buy it. I'm sorry to say, we're not shipping outside the U.S. right now ;)
About the question of why this format, we decided to go with this to 1 - let people passively stay connected with art from different cultures and 2 - to create a sense of excitement to see each painting 3 - it replicates a gallery experience more closely where you examine paintings in this manner and 4 - when the paintings are directly marketed like this, the paintings sell.
Sure others are selling socks and diapers in this manner (via regular updates groupon style) as well. You can also buy those products using different channels as well (like art).
A good friend of mine just flew down to Santiago for Startup Chile. He's definitely enjoying it, but before he left he was concerned that getting out of the US entrepreneurship scene might make it harder to reach US consumers and get relationships with investors. On the flipside, S.C. seems focused on creating an international community of entrepreneurs - I'm told there's teams from 33 countries.
It'll be interesting to see how many of these teams will end up in YC.
From what I understand, traditional incubators are focused on getting you mentored and funded. In start up chile, you're pretty much left to your own to decide what is best for you. If you are seeking to build a billion dollar company, it probably isn't the best fit. If on the other hand, you are seeking to build a life-style business and you wouldn't mind a bit of an adventure, it's a great option. There certainly is less social pressure in Santiago as tech is still very new there and expectations on your success are much lower. This can be good or bad depending on what you are seeking.