We know that 30% seems like a lot, although, for those of you that have exhibited in galleries, you'll know it's slightly more reasonable than the 50-70% commission that they usually take!
In the interest of the transparency we feel that you deserve, we thought that it was important to share with you where our money goes. You might be interested to know that the vast proportion of our spending goes on getting ourselves and our artists as much exposure as possible. Investing as much as we can back into marketing and product development ensures that we can continue to provide the best platform to sell art globally.Here are just some examples of what we are doing:
- extensive pay-per-click marketing campaigns, social media campaigns, affiliate schemes, online and offline press
- buyer discounts (paid for in full by Artfinder)
- special offers - like free worldwide shipping (also covered by Artfinder)
- interest free credit in the US and UK (Artfinder covers interest, insurance and admin costs for all financing)
- free returns, buyer and seller protection scheme
- popup exhibitions, events, merchandising and much more
*We also have the backing from our generous investors who have helped companies like Spotify and Dropbox in the past.
We're sure you're not interested in the amount we spend on cups of tea and pens but here's a breakdown of what we spend on YOU!