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Project summary

Opera Gallery is one of the leading dealers and representatives of international modern and contemporary art.It has called upon Nobrainer to develop the company’s penetration in the international art market.

Point #1

Internal structure Global environment Market Peripheral network

Step 1

Identify impact variables

The international art market is experiencing a major shift: art is now a thoughtful purchase with rational and financial logic and there is a demand to invest in safe and rising values. , However, Opera Gallery's offer is based on a stock with a low unit value and a discourse rooted in passion-purchasing.

Step 1.1

Global environment
Variable
  • Economy : Art is not correlated to financial markets (safe bet)
    Score d'importance 7 / 10

See examples of variables

Step 1.2

Market
Variable
  • Consumption trend : Moving from passion buying to financial buying: emotional and rational value
    Score d'importance 9 / 10
  • Communication trend : Sophisticated market with information given to people about the value of goods (website, auction houses, etc.)
    Score d'importance 6 / 10
  • Competitors : High competitive intensity led by auction houses and high-profile galleries
    Score d'importance 7 / 10
  • Market trend : High liquidity
    Score d'importance 7 / 10
  • Product : Demand for safe and rising value products
    Score d'importance 9 / 10

See examples of variables

Step 1.3

Peripheral network

See examples of variables

Step 1.4

Internal environment
Variables
  • Stock : Large stocks with low unit value: 80% of the volume of artwork generating 20% ​​of the turnover (unit value = $15,000)
    Score d'importance 7 / 10
  • Supply : Significant CAPEX required to build an annual inventory
    Score d'importance 8 / 10
  • Positionning : Focused on emerging artists and passion buying
    Score d'importance 9 / 10

See examples of variables

Step 2

Redefine the business paradigm

We must now consider the work of art as a financial asset, moving from a model based on passion and pleasure to a financial model based on rational value.

Step 3

Trace the trajectory
Leverage point 1

Attracting customers wishing to acquire works of art from a financial perspective through Opera Gallery's communication campaigns:
How to arouse the interest of art consumers for investment purchases?

Variables related to the issue:
  • Competitors
  • consumer trends
  • positioning
  • market trend

See examples of variables

Step 3.1

Trace the trajectory
Leverage point 2

Being able to continuously monitor the value of the company's inventory to calculate its price, potential margin and return on investment:
How to manage stocks and monitor the value of assets in an efficient and financially sustainable way for the company, from purchase to resale?

Variables related to the issue:
  • stock
  • supply
  • product

See examples of variables

Step 4

Reveal the no-brainer

Propose a financially attractive offer based on the sale of an art product with an "investor/market" relationship.

Step 4.1

Reveal the no-brainer

A change in the offer proposed via an inventory concentrated around masterpieces: Moving to a model where 20% of the volume generates 80% of the turnover with a significant increase in the unit value of the paintings.

Step 4.2

Reveal the no-brainer

The development of a hybrid international campaign to reach the passionate consumer clientele while managing to reach rational consumers: “opening emotions” visuals reaching the passionate and “change the colour of your investment” visuals reaching the investors.

Step 4.3

Reveal the no-brainer

Develop a technological value tracking tool to monitor in real time the financial indicators of the assets making up the Opera Gallery inventory.

Nobrainer impact

Révéler le Nobrainer
Top 10

Entry into the top 10 of the most important art dealers internationally.

100 millions dollars

An increase in the company's turnover allowing it to pass the $100 million annual mark.

 

See other business cases

Strategic support for various clients, but always with the same methodology

Montréal

377 Rue De La Commune, Montréal, QC, H2Y 4A3

New York

60 Broad Street, Suite 3502, New York, NY 10004