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Craft
Marketer Newsletter Licensing Art and Crafts For Profit Late in 1991, Tracy and John
Porter left Chicago for Wisconsin The Porters named their company Stonehouse Farm Goods. Business really started when they attended the New York Gift Show in early 1992. John and Tracy had a goal in $10,000.00 in orders for their hand-painted furniture and accessories. To everyone's amazement, they received $75,000.00 in orders. Over the next few years, business flourished. They moved from their original studio, a chicken coop, to an 8,000 square foot studio with great views of the surrounding pasture. Stonehouse Farm Goods taught John and Tracy lots of lessons. They realized the need to build a brand name to grow more. In Spring of 1995, they started up licensing partnerships with manufacturers who would produce their artistic creations. Soon they looked at turning out textiles, dinnerware, wallpapers, rugs, and more beautiful products from their designs. A few years later, over 15,000 retailers were selling Tracy Porter products. Artist, Christian Riese Lassen
has generated over $100 million in annual product sales that license his
art. Mary Engelbreit has Two ways to profit from licensing: 1. License your designs onto
commercial products to earn royalties. Licensing is a $175 billion
industry according to expert and Licensing over the past few
years has become a seriously tough 1. Organization; Copyright
your work with the Copyright Office in 2. Producing Art which sells;
So many artists try to promote work 3. Promotion; Getting your
work in front of Art Directors and 4. Creativity; Manufacturers
are looking for styles which fit the 5. Perseverance; Be prepared for a long hard road- the competition out there is fierce. Licensing is now a hugely competitive business and to survive you must constantly produce new innovative art. Listen to what art directors tell you, be adaptable and cooperative. Michael Woodward is author of "Art Licensing 101". His book lists resources for how to profit from licensing including locating agents. For more details, click here For more resources, do a search in the box below for these terms: "art licensing" or "how to license art and design"
Have a great week! James Dillehay |
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