MODULE 2
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Module 2
How to Discover your Art Psychographics and Identify your Ideal Art Buyers
Table of Contents
A belief. A value. An interest. Then an action.
How to promote your artwork to your psychographic-based tribe members
How to identify tribe members who are ready to buy your artwork
How to price your artwork and grow sales
How to sell your artwork to your tribe members
How to sell $2,500 of artwork per week and over $100,000 per year
How to attract repeat art buyers and achieve 3 sales per customer
How to “wow” your art buyers and organically grow your customer base
How to manage your balance sheet: expenses, revenue, and profit
How to minimize your biggest expense: taxes
1. A belief. A value. An interest. Then an action.
Establishing a psychographic-based tribe of followers gives you a platform. However, how you utilize that platform will determine the fate of your growth as an artist and will impact your financial success and freedom to do what you love.
There are four important phases in the journey of your followers from tribe members to lifelong collectors. The first phase is belief, which represents what your tribe members believe about the subjects, ideas, or meaning behind your artwork. The second phase is value, which represents what your tribe members consider important and what they associate with you and your artwork. The third phase is interest, which represents the subjects, activities, ideas, and experiences that naturally attract the attention of your tribe members. The fourth phase is action, which represents the actions your tribe members take to support you and your artwork.
Your tribe members are connected to you because they share some combination of the beliefs, values, and interests inspiring your artwork. Your mission as an artist is to strengthen that connection and help your tribe members transition from psychographic connection to action. Let’s explore all four phases.
The Belief Phase
Stating and sharing the beliefs inspiring your artwork can help you establish a psychographic-based tribe. For example, an artist who believes that wild animals should be free to live in their natural habitats may attract people who share a similar belief.
In this phase, your goal is to introduce new members to the beliefs represented through your work and give them a reason to become part of your tribe. The more people who connect with those beliefs, the better chance you have to build awareness around both the ideas represented by your artwork and the artwork itself. Current tribe members will feel connected to what you represent, new potential members will have a clearer reason to join, and as the artist behind the tribe, you will gradually increase the awareness and influence of your work.
The Value Phase
Beliefs can trigger profound emotions and feelings, but values help people understand what is important about those beliefs. In the example of an artist who believes that wild animals should be free to live in their natural habitats, the artist may also strongly value animal welfare, freedom, conservation, or respect for nature.
The shift from belief to value allows your tribe members to more easily understand and remember you, your mission, and the meaning behind your artwork. In addition, when tribe members recommend you and your artwork to their family and friends, it becomes easier for them to explain what you stand for. Values are also important because they influence human behavior and help guide people toward specific actions.
The Interest Phase
Interests are the third component of your psychographics. A person may believe that animals deserve protection and value conservation, while also having a lifelong interest in elephants, wildlife photography, national parks, or environmental organizations.
Interests are especially important because they often determine where people spend their time, what they search for, what content they consume, what organizations they follow, what events they attend, and what communities they join.
For the wildlife artist, people interested in elephants, wildlife conservation, nature photography, environmental travel, or endangered species may naturally encounter the subjects represented by the artist’s work. This creates another pathway for the artist and potential art buyer to connect.
The combination of beliefs, values, and interests provides a much more complete understanding of the psychological connection between an artist and their tribe than relying on a single belief alone.
The Action Phase
A tribe member who associates specific beliefs, values, and interests with you and your artwork is invaluable, but connection alone is not your ultimate goal. Your end goal is to convert some of your tribe members into art buyers and eventually lifelong collectors of your work.
Therefore, the fourth phase of the tribe member journey is action. You need to align your artwork promotional strategy with your tribe members’ existing behavior because behavior can lead to action.
For example, if your tribe cares deeply about animal conservation, you should understand how its members already express those psychographics. They may support nonprofit wildlife organizations, attend conservation events, follow environmental organizations, subscribe to wildlife publications, donate to relevant causes, or participate in nature communities.
You can then position your artwork in environments where these people are already taking some sort of action, whether they are visiting a website, viewing social content, opening an email, attending an event, participating in a community, or supporting an organization.
When people are already engaged with something they believe in, value, or have a strong interest in, it becomes easier to introduce your artwork in a context that is meaningful to them.
The progression is simple: a belief, a value, an interest, and then an action.
That action may eventually be the purchase of your artwork.
2. How to promote your artwork to your psychographic-based tribe members
You have probably listened to hundreds, if not thousands, of influencers and marketing professionals giving advice and recommendations about the best social media channel or platform to reach your audience as an artist. Some strongly recommend Instagram, others prefer Facebook, while others emphasize TikTok, YouTube, Pinterest, email, search engines, or emerging AI-powered discovery.
There are thousands of case studies justifying why a particular platform is supposedly the best for artists. The interesting part is that many of these case studies are not necessarily wrong. The difference often lies in the type of artist, the audience being studied, the content being produced, and the psychographics of the people being reached.
The artistic and creative mind is diverse by nature. Assuming that one individual will behave exactly like another, or one group of people will behave exactly like another, is fundamentally flawed. Every artist is different, even when two artists share the same artistic style or subject. Their personalities, interests, communication preferences, and audiences can be completely different. Therefore, selecting the best communication channel to promote your artwork remains subjective.
Our approach is somewhat counterintuitive. We do not believe you should blindly choose a specific social media platform simply because it is currently popular. Instead, you need to understand yourself and your audience. Some artists are more comfortable creating video content, others are at their best producing audio or participating in conversations, while others prefer writing articles, sending email, or sharing photography of their artwork.
Take a moment to explore your natural talent, your area of comfort, and your preferred communication style. You should decide what works best for your personality and your art, while also considering where members of your psychographic-based tribe naturally spend their time.
Once you have decided which communication types and platforms are most natural and convenient for you, you need to plan your communication strategy. Our original approach used the 80/20 rule, where most communication focused on the belief inspiring the artwork and a smaller portion focused directly on selling the artwork. The principle remains valuable, but Psychographic Art Sales expands the subject matter beyond belief alone.
Your content can now communicate the beliefs, values, and interests inspiring your work. Instead of repeatedly posting artwork with sales messages, you should also communicate the ideas, causes, stories, places, experiences, subjects, and passions surrounding the work.
If you choose video, for example, you may create videos discussing the psychographics inspiring your artwork, record conversations with relevant guests, document your creative process, or share stories related to the subjects represented in your work. You can also use video to display finished artwork, show artwork in progress, introduce your studio, explain the meaning behind a piece, or document an exhibition.
Audio can also be useful for artists who enjoy talking, discussing, interviewing, or storytelling. Podcasts, recorded conversations, voiceovers, interviews, and audio commentary can all provide opportunities to communicate the beliefs, values, and interests behind your work. An artist might record an audio discussion about a subject relevant to their psychographics and combine it with images or video of their artwork.
Images remain an obvious and powerful communication format for artists. However, do not fall into the trap of converting your entire communication channel into photographs of artwork for sale. Images can also illustrate the people, places, activities, causes, experiences, and ideas connected with your psychographics. This helps the audience understand the broader context surrounding your art.
Text also remains extremely important. Blog articles, artwork descriptions, website copy, newsletters, social captions, interviews, and other forms of written content help people understand what your artwork represents. Text also provides useful context for search engines and AI systems attempting to understand the subjects, people, places, ideas, and relationships associated with you and your work.
The digital environment has changed dramatically since the original version of this course was written, but the underlying principle remains the same. Do not choose a communication method simply because someone told you that every artist must use it. Choose the formats you can consistently create well, communicate your psychographics clearly, and place that content where your ideal audience is likely to encounter it.
3. How to identify tribe members who are ready to buy your artwork
The reality is that not all of your tribe members are going to transition from followers into art buyers or lifelong collectors. Some people may follow your work for years without ever making a purchase. Others may recommend your art, attend your events, share your content, or introduce new people to your tribe. All of these people can still be valuable members of your community.
However, some tribe members will eventually become interested in purchasing your artwork. Your goal is to recognize behaviors that indicate when someone may be moving closer to the action phase.
The original version of this course suggested targeting a specific conversion rate from tribe member to customer. In reality, there is no universal conversion percentage that applies to every artist. Conversion depends on the price of the artwork, the size and quality of the audience, how the tribe was acquired, the type of artwork, the strength of the psychographic connection, and many other factors.
Rather than focusing on one universal percentage, you should establish your own baseline over time and continuously monitor whether your ability to convert engaged tribe members into art buyers is improving.
You can evaluate buying readiness through your website, email, social media, events, conversations, and other interactions with your audience. Different behaviors indicate different degrees of interest.
For example, you can include calls to action on your website, email campaigns, and social channels. One possible call to action is a “Coming Soon” or “New Collection” notification where you ask your audience to enter their contact information to receive early notice of artwork that is about to be released.
If a tribe member is willing to provide their contact information because they do not want to miss your next artwork release, that person is demonstrating stronger interest than someone who simply viewed a social post.
The implementation of this call to action can vary by channel. On your website, visitors may subscribe to receive notifications. In email campaigns, you may provide a button directing readers to preview a new collection. On social media, you may publish images, videos, or stories inviting interested followers to join a waiting list, visit your website, or receive early access to a release.
There are many other indicators of buying readiness. A tribe member may repeatedly visit artwork pages, ask about dimensions, request pricing, inquire about framing or shipping, attend several exhibitions, reply to your emails, ask whether an artwork is available, or begin discussing how a piece might fit within their home.
The general approach is to think about specific behaviors that could indicate an interest in purchasing your artwork and then establish a process that allows you to recognize those behaviors.
Psychographics help you attract people with a reason to care about your work. Their behavior helps you understand when some of those people may be ready to buy.
4. How to price your artwork and grow sales
Pricing is probably one of the most debated subjects within the artist community. However, we are going to share a straightforward and practical approach to thinking about the price of your artwork.
Not to state the obvious, but when artwork is significantly underpriced, you may be leaving money on the table and potentially limiting the perceived value of your work. When artwork is significantly overpriced relative to the demand surrounding it, you may lose potential buyers. Your goal is to find a sustainable price that reflects your work, your costs, your current market, and the demand you have established.
The original version of this course introduced a four-step experimental pricing process. The underlying idea remains useful: begin with an educated estimate, establish a reasonable range, observe actual buying behavior, and gradually increase prices as demonstrated demand grows. However, pricing experiments should be implemented carefully so that buyers do not encounter apparently arbitrary prices for comparable artwork at the same time.
Step 1: Estimate
The starting point of the pricing process is an educated estimate. You can review artwork online and offline that is reasonably comparable to your own. You can study artists who create work of similar size, medium, career stage, and market position. You can also review artwork being purchased within communities related to the psychographics of your tribe members.
Based on the information you collect, decide on a reasonable starting price for your artwork. Do not waste excessive time trying to determine a mathematically perfect price. At this point, the goal is to establish a defensible starting point based on your experience, costs, research, previous sales, and understanding of your market.
Once you have established a starting point, you can adjust individual prices based on factors such as size, medium, materials, complexity, edition size, framing, production costs, and other characteristics that materially affect the work.
Step 2: Establish a Reasonable Range
The next step is to consider the boundaries within which your pricing could reasonably move.
Rather than assuming your initial estimate is automatically correct, ask yourself what the lowest sustainable price would be and what the highest defensible price would be given your existing demand, positioning, expenses, and sales history.
This gives you a realistic range within which you can evaluate future sales.
Step 3: Test and Learn
Once you have established your pricing structure, observe how buyers respond over time.
Which pieces sell most frequently? Which sizes generate the greatest interest? At which price levels do buyers begin asking questions but fail to purchase? Are particular collections consistently selling faster than others? Are buyers accepting recent price increases without a noticeable decline in demand?
Your objective is not merely to maximize the number of artworks sold. You want to understand the relationship between price, volume, revenue, and profit.
A lower price may generate more transactions but less total profit. A higher price may generate fewer transactions but greater total revenue and profit.
Use actual sales behavior to inform your decisions rather than relying exclusively on assumptions.
Step 4: Increase Prices with Demand
Once you have established consistent demand for your artwork, you need a methodical approach to increasing prices.
The original version of this course introduced a “10+10” concept, where prices were increased after a defined number of sales. The exact percentage and number of sales do not need to be universal. The more important principle is that price increases should be supported by demonstrated demand.
If you repeatedly sell comparable work at your existing price, your audience is growing, collectors are returning, exhibitions are creating increased interest, and new work is selling more quickly, then it may be reasonable to gradually increase your prices.
The objective is to avoid remaining trapped indefinitely at the same price while your reputation, collector base, and demand continue to grow.
Similarly, if you experience a prolonged period without sales, investigate the cause before automatically assuming your prices are responsible. The problem may instead be insufficient audience size, weak communication, lack of psychographic alignment, poor visibility, limited buying opportunities, or another part of the sales process.
Pricing should respond to your market, not to fear.
5. How to sell your artwork to your tribe members
One of the most misleading assumptions many artists make is that people buy artwork simply because they like the art. Artists sometimes assume that if they can only improve the technical quality of their artwork, then they will automatically be able to sell it at a much higher price.
Artistic quality certainly matters, but the perceived value of artwork is influenced by much more than technical execution.
The artist behind the work, the meaning associated with it, the artist’s reputation, the story surrounding the piece, the relationship with the buyer, the scarcity of the work, the context in which it is presented, and the psychographics connecting the artist and audience can all influence how a buyer perceives its value.
Psychographic Art Sales is based on the idea that selling artwork should be connected to the beliefs, values, and interests inspiring the artist and the work. When your tribe members understand what your artwork represents and share some of those psychographics, they have a deeper psychological context through which to experience the artwork.
For an artist to successfully promote and sell artwork, three elements remain particularly important: story, media, and buy. These elements were central to the original course and remain useful today.
Story
When you share an article, social update, email, video, or piece of artwork, use stories whenever appropriate. Tell the narrative behind what you are sharing. People connect with stories because stories provide context, meaning, emotion, and a reason to care.
The advantage is that you have already established a psychographic-based tribe. Your tribe shares beliefs, values, or interests connected with the artwork. Your stories should therefore remain relevant to the psychographics inspiring your work and relevant to the people you have attracted.
Instead of merely presenting the artwork, explain why it exists.
Media
The choice of media you use to communicate your stories is subjective. However, two general guidelines can improve your communication.
First, use media you feel comfortable creating consistently, whether that is video, image, audio, text, or a combination of formats.
Second, use a format that supports the message. If you are showcasing your art studio or demonstrating the creation of a painting, video may be more effective than text alone. If you are explaining a complex idea or telling a detailed story, written content or audio may be more appropriate.
The media should support the story rather than distract from it.
Buy
You should conclude appropriate promotional stories with a clear call to action.
Artists sometimes assume that audiences will automatically know what to do after engaging with a story or artwork, but that is not always true.
If the artwork is available, say so.
If someone can purchase it from your website, provide the path.
If they need to contact you, explain how.
If a collection is launching on a particular date, tell them.
The final step is simply to make it easy for someone who wants the artwork to act on that desire.
Story creates meaning. Media communicates the story. The call to buy provides the opportunity to act.
6. How to sell $2,500 of artwork per week and over $100,000 per year
The only way to become comfortable selling is to develop a consistent habit of offering your artwork for sale. Unfortunately, many artists feel uncomfortable selling their work because they associate selling with the traditional image of a salesperson aggressively convincing someone to purchase something they may not want.
That is not the approach we are discussing.
For artists leading psychographic-based tribes, selling is primarily about introducing your artwork to people who already share some of the beliefs, values, and interests represented by your work, explaining why the artwork matters, and giving those people the opportunity to own it.
To generate $2,500 of artwork sales per week, you need to think in terms of specific sales goals rather than one intimidating annual number.
Sometimes you will outperform your goal and sometimes you will underperform. That is normal. The objective is not to force art sales into a perfectly predictable weekly schedule. The objective is to create enough discipline around your business that selling does not become something you think about only when you suddenly need money.
For example, you could aim to generate one $2,500 sale during a particular week, approximately three $833 sales, five $500 sales, or another combination appropriate to the artwork you create and the prices your audience supports.
If you averaged $2,500 in artwork sales per week across 52 weeks, that would result in approximately $130,000 in annual revenue.
The important part is not the exact weekly combination. The important part is to understand what your desired annual revenue means in terms of actual artwork sales.
Once you establish a target that makes sense for your business, preplan the sales activity required to support it. Decide what artwork you will make available, what stories or content you will communicate, when you will communicate them, which segments of your tribe are most likely to be interested, and what call to action you will provide.
You can then utilize the pre-existing relationship with your psychographic-based tribe to introduce belief-, value-, and interest-inspired artwork and give tribe members clear opportunities to purchase it.
The $2,500 weekly target is not a guarantee or prediction. It is a way of turning a large financial objective into smaller, measurable sales activity.
7. How to attract repeat art buyers and achieve 3 sales per customer
Selling to an existing art buyer can be very different from acquiring a completely new buyer because an existing buyer already has a relationship with you and your work.
They know who you are.
They have already made the decision to trust you.
They have experienced your sales and delivery process.
Most importantly, they have already decided that your artwork deserves a place in their life.
For that reason, an existing buyer can represent a particularly valuable opportunity for future sales.
Once an art buyer makes their first purchase, do not treat that transaction as the end of the relationship. Instead, think of it as the beginning of their journey toward becoming a collector.
The psychological connection that originally attracted the buyer usually does not disappear after the sale. If they purchased your work because they connected with the beliefs, values, or interests represented by it, future artwork inspired by similar psychographics may also appeal to them.
You should therefore implement a simple system for following up with existing buyers.
For example, after the artwork has been delivered, you can contact the buyer to make sure it arrived safely and that they are satisfied. Later, you might introduce them to new artwork related to what they previously purchased. You can invite them to future exhibitions, provide advance notice of new collections, or simply keep them connected to the stories and ideas surrounding your work.
You can also learn from the buyer’s original purchase.
What did they buy?
Why did they select that piece?
Which subjects interested them?
Which beliefs or values did they mention?
What price point were they comfortable with?
This information can help you make future communication more relevant.
The objective of achieving three sales per customer is not to pressure every buyer into purchasing exactly three pieces. It is to change your thinking from a one-transaction mindset to a collector-lifetime mindset.
A person who purchases one artwork and disappears has a certain value to your business.
A person who buys again, follows your career, attends your events, recommends your work, and continues collecting over many years has a completely different value.
Your goal is to create the second relationship.
8. How to “wow” your art buyers and organically grow your customer base
Your followers, tribe members, and art buyers will inevitably become busy and distracted. We live in an extremely noisy world filled with endless information, notifications, entertainment, advertising, and competing demands for attention.
For that reason, you need mechanisms and experiences that help people remember you and your artwork.
Suppose you successfully convert a tribe member into an art buyer. If you ship or deliver the artwork and everything arrives exactly as expected, the buyer will probably be satisfied.
However, satisfaction is simply what the buyer expected.
If you want the experience to become memorable enough that the collector enthusiastically talks about it with friends and family, you may need to exceed expectations.
One way to accomplish this is by introducing a thoughtful surprise into the buying experience.
The surprise does not have to be expensive. You might include a handwritten note, a signed story about the artwork, photographs from the creation process, a small sketch, a beautifully designed certificate, information related to the psychographics behind the piece, or another meaningful addition.
The specific surprise is less important than its relevance.
A thoughtful experience can make the buyer feel special and create additional positive emotions around both you and the artwork.
The collector may then tell friends about the experience, display the artwork online, share photographs, post about it on social media, invite people to see it, or bring someone to your next exhibition.
This is important because recommendations from people we know can carry a level of trust that ordinary advertising often cannot replicate.
When an existing collector introduces your art to another person, they are effectively lending you some of their credibility.
And if that friend shares similar psychographics, the recommendation becomes even more powerful.
There are no universal rules regarding what you should use to surprise and delight collectors. The goal is to create something meaningful, relevant, financially sustainable, and consistent with your art and brand.
Get creative.
The artwork may be the primary thing the collector purchased, but the complete experience is what they will remember.
9. How to manage your balance sheet: expenses, revenue, and profit
A common challenge within the artist community, especially among artists transitioning from a hobby into a business, is managing the finances surrounding their artwork. Many artists struggle to keep track of expenses, revenue, and profit. The important principle is that sales alone do not necessarily reflect a healthy and sustainable art business. Profit does.
An artist can generate substantial revenue and still struggle financially if the cost of producing, promoting, selling, and delivering the artwork consumes most of that revenue.
For this reason, you need to understand the relationship between your expenses, sales revenue, and profit.
The original version of this course recommended using a simple rule requiring sales prices to be at least double artwork expenses. While that can be a useful way of thinking about margins, no single multiplier works for every artist or every business.
Different artists have dramatically different cost structures.
The more important principle is that your prices must leave sufficient margin after all relevant expenses to support a sustainable art business.
The challenge is keeping track of your finances while continuing to create your artwork. A simple process remains useful: record, review, and adjust.
Step 1: Record
You need to build the habit of recording your business expenses consistently.
Today, bookkeeping software, banking applications, receipt-scanning tools, and cloud accounting platforms can automate much of this process.
Record costs related to materials, frames, shipping, packaging, studio space, websites, software, advertising, event fees, commissions, professional services, payment processing, and other business expenses.
Recording your expenses as they occur frees you from trying to reconstruct months of transactions later and allows you to focus more of your attention on creating artwork.
Step 2: Review
Reviewing your finances regularly is important to make sure your business remains healthy.
You should review total revenue and compare it with your total expenses over an appropriate period.
Depending on the volume and nature of your business, weekly, monthly, quarterly, and annual views can each provide useful information.
Do not evaluate your business only according to how much money enters your bank account.
Ask how much remains after expenses.
That is what determines whether your art business is actually supporting you.
Step 3: Adjust
Once you review your expenses, revenue, and profit, you may discover that adjustments are necessary.
You can reduce unnecessary expenses.
You can improve the efficiency of your marketing.
You can increase prices when demand supports it.
You can increase the number of artworks sold.
You can focus more heavily on the types of work producing the strongest margins.
You can eliminate activities that consume money without contributing meaningfully to the business.
The objective is to establish a simple financial system that operates alongside your creative practice so that you can focus on creating artwork without constantly wondering whether your art business is financially sustainable.
10. How to minimize your biggest expense: taxes
Disclaimer: The discussion in this section is intended for general educational purposes only and should not be considered legal, accounting, or professional tax advice. Tax laws differ by location and individual circumstances and change over time. You should consult a qualified tax professional, accountant, or legal advisor regarding your specific situation.
Taxes help fund schools, infrastructure, public services, and many other programs that benefit our communities. However, as an artist operating a business, you should understand how taxes affect your finances and your overall profitability.
When artists are asked about their biggest expenses, they often think about art supplies, studio rent, framing, marketing, shipping, and other visible costs associated with creating and selling artwork.
Taxes are sometimes overlooked because they do not appear in the same way as an invoice for canvas or studio rent. But as your business becomes profitable, taxes can become one of your most significant financial obligations. For that reason, tax planning should be part of your financial system rather than something you think about only at the end of the year. Artists operating legitimate businesses may be able to deduct qualifying business expenses from taxable business income, subject to the tax laws that apply to them.
Depending on your situation, those expenses might include art materials, business-related studio costs, marketing, professional services, payment-processing fees, travel directly related to the business, shipping, equipment, software, and other legitimate expenses.
The exact treatment of each expense depends on the applicable tax rules, which is why careful recordkeeping and professional advice can become increasingly valuable as your business grows. You should also understand the business structure under which you operate.
Whether you choose to register your art business as an LLC or another structure, the important principle is that once your art begins generating meaningful income, you should start treating the financial and tax side of your work with the same seriousness you apply to creating and selling the artwork. Record your expenses. Understand your revenue. Track your profit. Plan for taxes. And keep as much of your profit as legally and responsibly possible.
Establishing a psychographic-based tribe gives you the foundation for a successful art business, but building an audience is only the beginning. The next step is transforming psychographic connection into action.
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