I have a business idea and would like some feedback as I cannot find anything similar on the net.
I am no artist but I am a keen photographer. I take photos of local scenes, views and places of interest. I have a friend in Australia who is an artist. He mainly does oil paintings and some pastel.
My idea was for me to take the photos and for him to then re-create these into original one off paintings which I can sell locally.
The only local paintings here are done by local artists, my question is whether or not the fact that the artist is not local will affect the price or the decision of the buyer to purchase it?
How would I go about pricing?
Any thoughts would be much appreciated
This is really great ideas and i am doing this. I am using passive income sites that can be used to generate money.Passive income sites are sites that can make you money without you having to watch over them all the time.
It will effect your price greatly because your friend will have to ship the paintings from overseas which will cost you both a lot which in turn will drive your prices high. As far as the decision of the local buyer is concerned, i don't think it will effect his decision just because the artist is foreign. If the paintings are good than no problem but keep in mind the price.
Hope this helped.