2016 IACA American Indian Arts Business Survey - page 15

15
Retailers Offer a Diverse Inventory Mix
American Indian art retailers offer a wide diversity of products. Following are the top
five items. (A complete breakdown is shown in the Appendix.)
Item
% of Retails Featuring
Jewelry
91%
Fetish Carvings
71%
Pottery
66%
Sculpture
51%
60% of respondents indicated that jewelry accounted for the greatest dollar volume in
2015.
2015 Sales vs 2014 Were Good for Some and Not for Others.
Answer
% Responses
Business up by up to 10%
32%
Business up by more than 10%
21%
Business same as 2014
26%
Business down by up to 10%
15%
Business down by more than 10%
8%
An Aging Industry
Over 30% of the reporting businesses have been in business for over 30 years, and 69%
have been in business for 11 years or more. Only 4% of those reporting entered the
industry during the past two years.
Years in Business
2015
2014
Less than 2
0%
4%
11 Years +
69%
69%
30 Years +
26%
30%
A Significant percentage of the Indian Art business believe that interest in American
Indian Art is on the decline.
Answer
2015
2014
Interest is Increasing
13%
25%
Interest is Decreasing
28%
20%
About the same as Always
35%
34%
1...,5,6,7,8,9,10,11,12,13,14 16,17,18,19,20,21,22,23,24,25,...54
Powered by FlippingBook