Wednesday, January 7, 2009
Daryle Lambert: Big Boys’ and Girls’ Toys
Now that it looks as if most people are going to be spending more time at home, what does that do for the Antique and Fine Art business? I am reading that the buying of collectibles will suffer because the economy has tanked but don't you believe it. In fact, I think that it might even be enhanced because when we stay home there isn't anything better than playing with our toys. What do I mean by that?
Let’s take me for example. It is true that I am getting out somewhat less than I did a year ago, but guess what? My time spent at home is involved in my collections and the business of Antiques and Fine Art. I now have the time to study my art collection to see if I have the combination of art works that I desire. Yes, I have sold a few pieces but I’ve also purchased several and I don't think that I am much different from most collectors. So, if this is true for me, why isn't it a great time to contact art collectors that I have done business with to see if I can assist them in upgrading their collections? If you have followed the ideas that I share in the “31 Steps to Your millions in Antiques and Collectibles” book, you will have listed all the contacts you have made over the years and now might be a great time to get in touch with them again. Believe me most of these people will be very glad to hear from you and getting up to date on your mutual interest will be enjoyable for both parties.
You can share with them what you are selling plus listen to what they might have to sell. Isn't this a great business? It gives you the opportunity to make money while you’re playing with your own toys. This should work with whatever your interests are. Time spent at home might include listening to music, so maybe the toys are records or radios, or if you collect coins, stamps or puzzles, the same approach can be taken. Have fun with your own things but also spend some of your time making money from them.
Now might be the time to profit from all that hard work that you have done in the past. The markets that may profit you the most during slow downs to the economy might be found with your old customers rather than new ones so take advantage of this by reacquainting yourself with past customers.
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