Digitising the East African market for fine art
At a time when even the most fundamental of business transactions is moving online, the market for fine art has no choice but to follow suit.
Mon, 07 Sep 2020 10:51:52 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Komezart serves as a one-stop platform for artists in East Africa, offering support in marketing, sales, and distribution, while making art accessible and affordable through print reproductions.
- The impact of the COVID-19 pandemic on the fine art market in Rwanda highlighted the need for more affordable art options, with Komezart bridging the gap by collaborating with local manufacturers for print production.
- Collaborations with initiatives like Kurema Kureba Kwiga have increased art visibility and demand in Rwanda, contributing to the growth of the art market and opportunities for local artists.
At a time when even the most fundamental of business transactions is moving online, the market for fine art has no choice but to follow suit. The e-commerce platform Komezart is leading the way in this digital revolution in East Africa. Founded by Judith Cain, Komezart aims to connect artists with buyers, making artwork accessible and affordable through new formats. The platform serves as a one-stop solution for artists, handling marketing, presentation, sales, packaging, and distribution, allowing artists to focus on their craft. Additionally, Komezart offers print reproductions, making art more affordable and reaching a wider audience.
The fine art market in the region, particularly in Rwanda, faced challenges during the COVID-19 pandemic with gallery closures and reduced tourism impacting sales. Komezart seeks to address the high price barrier in the art market by offering affordable options like print reproductions, opening up opportunities for a broader spectrum of art enthusiasts. By collaborating with local manufacturers for print production, Komezart ensures that artists receive a percentage of the sales, supporting the local art community.
With Komezart acting as curator, trader, and agent for artists, the platform streamlines the process for artists, from submission to professional photography and online portfolio creation. Artists receive assistance in showcasing their work and reaching new clientele through the platform. Kurema Kureba Kwiga's public art initiatives have also played a significant role in increasing art visibility and demand in Rwanda, further benefiting artists in the region.
Overall, the collaboration between Komezart and local artists, coupled with the growth of art spaces and stakeholders in East Africa, signifies a promising future for the fine art market. Through digital innovation and accessibility, African art is poised to reach new heights and captivate a global audience.