This is a commission-based P2P marketplace for postal-sized artworks and collectables fit for mailing directly from the artist / seller to the buyer / collector.
NPS of 8.9/10, ROAS of 4.2 across marketing channels
Reason for selling
My partner has family commitments to tend to now and wants to be bought out of his half of the company to someone capable of growing the business to the next level with me.
Preferred partner profile
Experience in and deep knowledge of the arts industry, DTC and emerging tech fads (e.g. NFTs). Preferably someone who can do more than hands-off advisory.
Founder's business aspirations
Our aim from the start has been to grow the business to pose a competitive threat to the stablished incumbents in collectables. With changing fads and trends in this space we try to move quickly by staying agile to capitalise on new opportunities as they present themselves.
Take a cut of every art piece / collectable sold plus a fixed fee for postage under a certain amount.
Men and women in equal parts, 25-45 years of age
Number of customers
artspace.com, Singulart, Artmajeur
Facebook, Instagram, Google, Bing, Criteo, TikTok
Sales & marketing spend
Marketing spend roughly $90K annually and sales efforts more or less at zero cost.
Performance tracking tools
Google Analytics, AdSense / AdMob, PayPal
Last month's revenue
Last month's profit
Annual P&L summary reports, GA360