SOURCE: OverstockArt.com

June 20, 2008 09:47 ET

Online Art Galleries Transform the Oil Paintings Industry

WICHITA, KS--(Marketwire - June 20, 2008) - Over the years, online businesses have grown to unbelievable heights. So much in fact that many brick and mortar retailers are becoming obsolete.

In 2001 the Wall Street Journal reported that many smaller mom and pop retailers in the travel industry were losing out big to online behemoths like Expedia and Travelocity. Seven years later, that trend has carried over to other industries such as the wall art industry.

OverstockArt.com, the web's leading retailer of hand painted reproduction oil paintings, has reported many of its buyers come from brick and mortar art galleries around the West Coast. The company believes many of these commercial buyers turn reproduction work around in their stores for profit.

"It's often hard to differentiate between one of our art reproductions and the original," says OverstockArt's Amitai Sasson. "That's why we sell a lot of our oil paintings to local galleries. Many clients that walk through their doors can't afford million dollar originals, so they add our art reproductions to their collections."

"Many of the galleries know that art purchases are emotional, spur of the moment decisions. People fall in love with the painting and take it home. However, it's always good to check online before making a purchase," he said.

Sasson doesn't believe the online art galleries will ever completely take over the wall art market, but companies like his will always offer a great alternative, especially when money is tight.

"Some people will always prefer to buy art in their local gallery, simply because it is an emotional buy. However, if they take the time and look online, they might find the same paintings at a much better price," said Sasson. "A lot of people want an oil painting that looks great. A handmade work of art that they can look at everyday and fall in love with. Having a well made hand painted replica of a famous masterpiece has an amazing impact on a person's space."

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About OverstockArt.com:

OverstockArt.com is the web's leading distributor of art reproduction oil paintings, with over 100,000 wall décor combinations to choose from. In business since 2002, the company provides decorating advice, custom framing and commercial wall decorating services. With an inventory of over 50,000 paintings in stock at all times, order wait is minimal. For more information, visit www.OverstockArt.com.

Contact Information

  • Press Contact:
    Dawn Kail
    Publicity Director
    OverstockArt.com
    Email Contact
    316-631-3999