2015 Survey of the American Indian Arts Business - page 20

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The American Indian Art Industry: Wholesale Summary
The survey results among the wholesale sector of the industry reflect only a 4% response
rate, and cannot be viewed other than anecdotally.
This summary consists of responses from 9 industry wholesalers.
An Industry of Very Small Businesses
Of those responding, 11% reported 2014 sales volume greater than $1 million, with
another 56% reporting 2014 sales volume ranging from $100,000 to $500,000.
55% of those responding do not have a storefront.
22% report just the proprietor as the sole employee. The wholesale business represents a
full time occupation 88% of the respondents.
44% of the wholesale segment relies heavily on shows for conducting business while
55% of the respondents do no attend wholesale markets.
An Aging Industry
Over 55% of the reporting wholesalers have been in business for over 30 years, and no
reporting wholesalers have been in business for less than 11 years.
Less Than Positive Economic Outlook and Thoughts Concerning Federal
Government Support
Only 11% felt the economy will grow in 2015, with just 22% of those sensing a growth in
their own business. At the same time 71% of those responding realized a business
growth of over 10% in 2014.
67% of wholesale respondents feel that interest in American Indian art is decreasing.
With respect to Federal Government support, 33% of the reporting wholesalers feel that
the Federal Government does not support the American Indian Art industry.
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