10 Streams of Income For Artists and Pros and Cons of Each
ฝัง
- เผยแพร่เมื่อ 8 ก.ค. 2024
- Having multiple income streams is the key to building a successful creative career, but not all income streams are created equal, nor should you go after all of them at once. In this video, I'm going to talk about the 10 streams of income for artists, illustrators and creatives. Going a step further, I will also talk about the pros and cons of each so you can pursue each one with your eyes open.
00:00 Intro
01:50 Commissions
02:57 Ecommerce
04:45 In Person Events
07:02 Wholesale
09:41 Licensing
11:45 Freelance
13:21 Teaching
14:49 TH-cam, Affiliate, Digital Products
Related videos referenced in this video:
Why I Stopped Doing Art Commissions (And Maybe You Should Too): • Why I Stopped Doing Ar...
How to Sell to Local Businesses: • How to Sell to Local B...
Should You Sell at Art & Craft Fairs? How much we make at fairs and pros/cons: • Should You Sell at Art...
Art Licensing For Beginners: • Art Licensing For Begi...
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Online Shop: www.easysundayclub.com
Instagram: / easysundayclub
Clubhouse: @cathyz
Facebook: / easysundayclub
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A full list of tools and equipment we use for art and business is available at our website here: www.easysundayclub.com/pages/...
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Music: In French (Used w/ Artist Permission)
/ infrench
#creativebusiness #incomestreams
This is a wonderful list! I was aware of all of these from my research over the last two years or so, but at the beginning a great video like this would have saved me a lot of time. Happy for others who discover it now :). Thanks for making it! My approach will be to focus on 1-2 and really build them up, before I start on the next one, with the goal overall still being to end up with multiple income streams long term. Would you say that is a good approach, or would you suggest a different strategy?
Ohhhh, if only I had waited to the very end of the video... you already answered this question! :D
haha in that case thank you for watching it until the end! Yes your approach is what I would’ve done too, and like you I wish I had found a video like this when I started. Instead I just stumbled upon them one by one and had major shiny object syndrome 😅.
So helpful! Thank you !
Thank you again Cathy for your amazing videos!!
Love your channel. Great information about wholesale. Thank you.
Thank you for sharing!!!
I love this! Thanks so much for sharing your experience so authentically!!
In person events are hardworking. All my sales come from in person events. I’m still learning how to build constant sales online since I’m a solo entrepreneur. I’m more of a crafter then an illustrator but you information is very valuable. Thank you.
Thank y'all so much, this information is so helpful
Awesome video! Thank you so much for sharing it!
Great job, Cathy! Thank you!
thanks for your support!
This is amazing, thank you! Your intro is me right now and am working through some of the streams you mention. It feel nice to see that I'm not alone or "crazy" for working towards having several streams of income as a creative. It's so validating!
that’s exactly what I felt and needed when I was in the “dreaming/planning” stage. glad I can pay it forward!
AWESOME JOB, CATHY! Very informative and extremely helpful:-) Thank you so very much!!
I’m glad to hear that Beatrice! Thanks for watching.
Thank you for sharing, useful information
Just loving your down to earth hones and simple explanations and information on so many subjects. Thank you.
you’re welcome Michelle!
Super valuable content, thank you Cathy! Found the segment on licencing particularly interesting as I'd definitely subscribed to the thought that you need to be a pattern maker to do well with it. Charlie
I’m glad that part was enlightening as that was my assumption as well. Thank you for watching!
Thank you for the wonderful video. My daughter wants to be an illustrator. She would like to study in University. Personally I feel she should stick with her Art Mentor as University is so expensive and it's a huge debt to carry through life. Teaching Art is a great idea.
Great video! When you were talking about freelancing you were basically describing my life and how I was feeling! Now I'm building other streams of income and I understand that it is possible to make an income as an artist in other ways!
it’s very possible! Freelancing can be very empowering and isolating at the same time. Good luck building up the other streams of income, stay patient and consistent :).
@@EasySundayClub thank you so much! :) I will!
Thanks for sharing! I think your slogan about taking the next step is so true to our industry! The business side of art can be overwhelming and you did a great job slicing and dicing the diff revenue options! New to your channel and excited to watch your video on Faire next. Cordially, Courtney
Thank you Courtney and I’m glad you found us!
I've done 5 of these. Fave in order e-commerce, loose donations, freelance /corporate gigs, live events. Tried teaching a class but I rather 1on1 creative consulting. I've made less than $200 from affiliate sales in 6 years. My audience is tiny and I don't really know what's worth promoting. I feel like the pay is better when I spend that time selling my own products or doing freelance /corporate gigs
so many good nuggets here! Trying something before knocking it, realizing you prefer something else after trying. Affiliate does require an audience although I’d say it also depend on what you’re promoting. Corp gigs always beat out other freelance work, but it’s good to balance that out with our own creative pursuits.
This was fantastic, very good for re-focusing and streamlining to get our of planning :)
(Also just wanted to prop up ur channel with a comment for that algorithm :') )
thanks Jeff for the boost and for going back to our archives ;)!
Omg this is so awesome. I need a video in wholesale stream of income! Y’all are the best
thanks for watching! what specific questions do you have about wholesale? eg. how to start, where to find buyers, etc.
@@EasySundayClub I actually have very less idea about the whole thing, so idk which questions :( but maybe a wholesale 101 video + what mistakes to avoid? Thanks in advance
Which stream of income do you want to grow this year?
Are you wearing low top Jordan's at 6:00?? I like your style!! Lol
I’m curious if you can use the same work for both licensing and your own independent e-commerce store. Or is there a non compete clause in most licensing agreements for the piece of artwork?
good question! Any non compete would be stipulated in the licensing contract, but in my experience most of the non compete clause are with other licensers/retailers in similar sizes/territories. The licensers I partner with are lenient about using the same designs in my own online store or even wholesale to small retailers.
Hello Cathy. First of all, thank you so much for these videos. As an Asian-American entrepreneur is great to see us doing other things we find passionate about. I have a question if you do not mind...
So I launched my greeting card line in October and we are in the middle of social media marketing. I know it takes time, patience, and money so I'm not expecting to make any profit any time soon. I've sold six cards since then, to one customer. Of course I want to sell more but like I said, patience.
Finally, the question, and I hope this never happens, but when do you feel it's time to close shop? Like after how many months of social media marketing and no sales? Thank you so much!
Thanks for watching. I posted it on my IG recently but it might help answer your question. The short answer is don’t give up after a couple of months just because one platform isn’t giving you the results you wanted.