San Francisco, CA (PRWEB) May 15, 2013
UGallery (http://www.ugallery.com), a leading online art gallery offering curated, original art for sale from the nation's most talented mid-career and emerging artists, today announced that its community of artists has surpassed 500 members and that the UGallery art marketplace now features up to 6,000 pieces of original art available for sale. UGallery is one of the only online art galleries to connect artists and collectors directly, delivering all-original, curated artwork in every genre, style, size and media, and at an affordable price.
“When we founded UGallery, the goal was to modernize traditional art buying and make it more accessible,” said Stephen Tanenbaum, Co-Founder of UGallery. “For too long, collecting original art was limited to the physical infrastructure of the gallery and auction house, creating an untapped community of artists and collectors eager to connect with one another. With UGallery, we have developed a platform that brings these two groups together—no matter where they are in the world—while also offering unparalleled choice through a marketplace of up to 6,000 pieces of original art from over 500 artists.”
Founded in 2006, UGallery is a pioneer in the thriving art e-commerce space, leading the trend towards selling and collecting art online. According to the Deloitte and ArtTactic 2013 Art and Finance Report, “the art world is moving online,” with over 300 online art ventures launching in recent years. Also, to date, at least 71% of art collectors have now purchased artwork online, with that number expected to rise.* As the online art industry continues to experience rapid growth, UGallery has remained at the forefront by being one of the only online platforms to exclusively offer affordable, original art from mid-career and emerging artists.
“At UGallery, we are evolving and streamlining the art purchase process for artists and collectors alike,” said Tanenbaum. “To do that successfully means not being just another online liaison for traditional art galleries and auction houses. Instead, we have created an online community that connects the two directly, making it easier than ever to sell, discover and purchase original, high-quality artwork at an affordable price. This separates us from others in the space today.”
For artists, UGallery provides a unique opportunity to showcase original artwork at scale, without the rigid limitations of traditional art-selling. For collectors, UGallery delivers a one-of-a-kind purchase experience that inspires real confidence, leveraging an expert art panel to carefully select each artist and piece in advance of marketplace inclusion. Currently, only 10% of all artists who submit an application to be featured on UGallery are accepted, speaking to the quality and caliber of artists and pieces exhibited.
As a result of this approach, UGallery has posted double-digit sales and revenue gains each year since inception, with year-to-year growth averaging over 62% since 2008. The company has also exhibited international reach, with art sold to over 35 countries.
For further information on UGallery, please visit http://www.ugallery.com.
UGallery.com is a curated online art gallery that sells original, one-of-a-kind artworks. Founders Stephen Tanenbaum, Alex Farkas, and Greg Rosborough came together in 2006 to create a revolutionary approach to online art sales that democratizes the entire art buying process. Clients can browse the collection by price, medium, style, size, color, or artist and give any piece a weeklong test run in their home risk-free. More information about UGallery can be found at UGallery.com.
- According to the Hiscox 2013 Online Art Trade Report
Crenshaw Communications for UGallery