How to Diversify Your Income as an Artist

Do you work as an artist? If you’ve been in the art game for any length of time, you know that earning an income in this industry is far from certain. You might have very little control over when or how often you can land client work, depending entirely on your clients and what projects they have available at any given time. Diversifying your income can help you gain some control over your earning potential so you can generate income more predictably. Here are some tips from We Are Jersey to help you branch out and make some extra money!

Start a Side Business

Starting a side business is a great way to earn money while you work to build your art career. You could start a business selling products or services—the choice is yours!

• Consider easy side business ideas that won’t require too much time or money.

• Before you get your business started, consider how you’re going to approach your marketing strategy.

• If you need to return to school to brush up your business acumen, consider this option.

• Use an invoice maker to create customized branded invoices for your business.

Sell Art Products

Building new income streams into your existing art business is another good way to diversify your income.

• You could sell physical products like posters, t-shirts, phone cases, and prints.

• You could also sell digital products like website graphics, workbooks, stock photos, and Photoshop presets.

• You can sell your art on any number of online platforms, from Etsy to Redbubble.

License Your Artwork

Licensing your work will enable you to receive royalty payments from companies that want to use your art in their products.

• Learn everything you need to know about licensing artwork and how to get started.

• Be careful to avoid common mistakes artists make when licensing art.

Launch a Course

Selling a course or teaching live workshops will enable you to share your talents with the world while making some money at the same time.

• Create a course on an online course platform like Udemy or Skillshare.

• Another option is to teach live workshops, either in-person or online.

• Learn how to market your online course like a pro so you can attract more interested customers.

Thanks to the internet, the plight of the struggling artist is easy to overcome. There are so many different ways to make money out there. You could sell your artwork, teach others how to do what you do, or launch a side business doing something entirely different. Brainstorm some income ideas and get started on your new project today!