Catawiki has been revolutionizing the art trade in collaboration with artists since 2019
Since launch, almost 150,000 artworks have been sold directly on Catawiki, generating annual income of up to €100,000
Catawiki introduces the new category "Contemporary Design" as part of the strategy
Berlin, May 2, 2022 - More and more artists are increasingly using digital means to sell their art - and with great success. Catawiki, the leading online auction marketplace for special objects, has released new data showing the growing percentage of artworks sold on their platform and how they are using it to help artists and creatives around the world achieve greater business autonomy.
Annual sales of up to 100,000 euros through Catawiki
Since Catawiki expanded its trade to the art scene in 2019, thousands of artists have sold almost 150,000 unique works of art on the online auction marketplace. Every week up to 1,000 items are auctioned directly by artists and designers on Catawiki. Each item is carefully reviewed and selected beforehand by one of hundreds of in-house experts specializing in collectibles, art, design, crafts and various other categories. Since the sellers on Catawiki keep the majority of their income, last year alone several hundred creative people were able to achieve annual sales of more than 10,000 euros each, some even more than 100,000 euros. Catawiki's seller network not only offers independent artists,
Catawiki as a global marketplace for artists
On Catawiki, artists have the opportunity to reach global audiences, as well as increase their income and exposure. The global presence of the online marketplace in over 60 countries generates almost 80 percent of artists’ foreign earnings. In Germany alone, around 15,000 works of art have been sold directly by the artists on Catawiki since 2019. The most popular German artists include Parscha Mirghawameddin, Florentina Gumpert and Florian Maiorescu. The fastest growing artists in Germany are Volker Rossenbach, Manuel Benchico, Carolina Amaya, Elena Wuest and Daniel Witschkanow.
Frank Engel, Vice President & General Manager Art & Antiques at Catawiki , says: " We are witnessing a real revolution. While in the past artists have had to rely on intermediaries and traditional channels to sell their art, they can now via Click Catawiki to reach an audience of millions of art buyers around the world while benefiting from the friendly advice of an independent and knowledgeable voice.With more than a million bids a week, Catawiki can indeed become a commercial lifeline worldwide for artists ."
Promotion of the creative industry beyond pandemic times
According to the information in the "Monitoring Report Cultural and Creative Industries 2021", a total of almost 50,000 people were active in the art market in 2020. A total of around 1.4 billion euros were turned over, 39 percent less than in the previous year. The sales of self-employed visual artists fell the most (-50 percent), which caused economic difficulties for many creative people. Catawiki represents an attractive source of income for their financial and social well-being and cooperates with the artists themselves as well as with various galleries. Additionally, Catawiki expanded into the world of handicrafts and launched a new auction series, held every other week in the category"Contemporary Design" is running on the marketplace. The auction platform thus supports the entire creative industry, including independent (art) craftspeople, who can now make their artworks available to a worldwide audience of art lovers.
“ Selling my artworks on Catawiki allows me to reach a large audience of art lovers and international buyers, even in times of a pandemic. I am very grateful that Catawiki offers me a professional online auction opportunity, which contributes significantly to increasing my visibility as an artist in the international art market, " comments the artist and self-taught artist Parsha Mirghawameddin , who is best known for his abstract art .
Parsha Mirghawameddin
Credits
Monitoring report cultural and creative industries 2021 (data cut-off date: June 30, 2020), Catawiki and Eurostat.
