Instagram as a New Art Marketplace
Instagram has become the dominant social network in the art world, serving as a discovery tool for emerging artists and a showcase for galleries. A survey by Artsy.net found that half of 35 major collectors purchased works by artists they discovered on Instagram. Galleries report selling entire shows after Artforum posted images on Instagram. Collectors like Anita Zabludowicz, with over 70,000 followers across three accounts, have bought works after seeing them on the platform. Celebrities Jay-Z and Beyoncé post art they are considering purchasing. Christie's vice president Loic Gouzer uses Instagram to preview auction lots before catalog publication. 87% of surveyed collectors check Instagram more than twice daily, with 55% checking over five times. 55% post multiple times per week, acting as influencers. Collectors like Alberto Mugrabi publicly comment on desired lots. Many collectors evaluate an artist's popularity by like counts before buying. Artists now use Instagram as a virtual portfolio, bypassing traditional gatekeepers. The platform lacks direct sales functionality but serves as a critical marketing channel.
Key facts
- Instagram is the most used social network in the art system.
- Artsy.net surveyed 35 major collectors; half bought art discovered on Instagram.
- Galleries report selling entire shows after Artforum posted on Instagram.
- Anita Zabludowicz has over 70,000 followers and bought art via Instagram.
- Jay-Z and Beyoncé post art they are considering purchasing on Instagram.
- Christie's Loic Gouzer uses Instagram to preview auction lots.
- 87% of collectors check Instagram more than twice daily; 55% over five times.
- 55% of collectors post multiple times per week on Instagram.
- Alberto Mugrabi comments on desired lots with emojis on Instagram.
- Artists use Instagram as a virtual portfolio and bypass traditional gatekeepers.
Entities
Artists
- Anita Zabludowicz
- Jay-Z
- Beyoncé
- Loic Gouzer
- Alberto Mugrabi
- Martina Gambillara
Institutions
- Artribune
- Artsy.net
- Artforum
- Christie's
Locations
- New York
- United States