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-National
-Different between of junk and avangard
-Tied to one delear or small number of dealers
-Exclusive

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- auction houses, museums, critics are important in making new trends.
- its tough to get inside the inner circle, a closed network.
- Financed by collectors.
-  western rich countries is most popular.
- London and New York is the capitals.

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Alternative art that is not chosen could end up in the junk market.
The price is set by demand.

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As its name indicates the alternative-art market is an alternative market to the mainstream of avant-garde market.

The alternative-art market is a national market where prices are determined by demand and the critics of some art experts plays relevant role.

the not selected works go to the inferior market - the junk market

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-Associated with the non-profit actors
- There is few institutions and actors in a small space
- reliant on private investors
- lots of social media attention

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-Higher prices than the junk market.
-Artists are tied to one dealer or a few dealers
- the prices are set by demand

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The market where art works are closely related to the non-profit sector

Attracts more media attention than other art markets

Few artists and even fewer galleries

Work is offered to big private and public collectors

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The junk market: this is a market seen as inferior because of its economic value. The paintings in this market are for example considered only as decorative and have no real legitimacy

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The marked is mostly controlled by well-established firms with great resources. The artworks are mostly from the 20th Century and is characterised by uniqueness.

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Associated with non-profit actors. There's only a few institutions in this space. Artists are heavily reliant on these institutions to validate their work and establish their brand.

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Typically the non-aestethic art. Some of if that once was on avant-garde, but was removed

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New-York is the central market for contemporary art and the museums in New-York can be considered the ultimate arbiters of what is significant in the avant-garde art world internationally

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- More of an exclusive circle

- Mostly associated with a non profit sector

- Small number of artists, galleries and employers

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Considered contemporary art and popular in museums, especially in New York

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Associated with the non-profit sector, usually attreacting more media attention
Small number of artists and galleries, but a large collectors
Modern and contemporary

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-Closely related to non profit
-More popular in the media, than the alternative market
- Big collectors
- Very exclusive, not saturated by alot of artists and collectors

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the main outlets of these goods are galleries, shops, internet ++

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By historical contemporary artists og the 20th centuary. The marked is controlled by old firms and it's difficult for young newcomers to gain entry to the market. the market is supplied at international level with works that are sold by collectors through auctions or by comercial galleries.

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Non-profit, very independent, very close to social media (the goal is to discover new artist before classical institutions and give them visibility ); It's more about modern art

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- Associated with non-profit market
- Museums- attracts more media attentions
- niche, smaller market share (part of contemporary art market?
- Consumers: private collectors & private corps. & foundations

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Exclusive (the market is represented by a small number of artist and collectors).

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Since this marked is ruled more by old firms it is difficult for new artist to gain entry.

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The alternative art market is recognized by higher prices than the junk market, and usually the artists are tied to one or a small number of dealers

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The alternative art market is recognized by higher prices than the junk market, and usually the artists are tied to one or a small number of dealers

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involves big collectors and networks instead of focusing on individual artists

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Can variate from competitive broad markets with free entry to concentrated, more restricted access markets

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Inferior goods that have no aesthetic value and are identified as cheap or "sub-artistic"

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-Commercial based
-Not considered legitimate art
-Can be found in for example; department stores.
-Function is decorative

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-Related to non profit
-More contemporary/Modern
-More in media
-Small Number of artists and galleries

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- Differse from the junk art market by having higher prices

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Goods with no aesthetic value, and are identified as cheap

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Mass production of art
Art that is not considered legitimate
It is described as cheap

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Attracts more media attention than the other art markets.

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Not Legitimate art, not capable of dominating the market

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no aesthetic value and are identified as cheap

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Very established, very little change

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·        An alternative to the mainstream international avant-garde market.

·        The alternative art market is differentiated from the junk art market primarily by higher prices and the fact that artists are tied to one dealer or a small number of dealers working under contracts with exclusivity clauses.

·        This is a national market and the prices are set by demand, as determined by that opinions of the critics and other leading figures in the art system.

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- Is an alternative to the avant-garde market
- Galleries in this market do engage in     promotional activities

- Higher prices, set by demand.
- Artists tied with one, or a small number of dealers with exclusivity clauses

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- high prices

- exclusivity clauses

- prices are determined based on demand and the opinion of critics

- sold in art supermarkets or warehouses

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The alternative art market is recognized by higher prices than the junk market, and usually the artists are tied to one or a small number of dealers

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-          Avant-garde market

-          Engage in promotional activities

-          Higher prices , tied to small number of dealers

-          National market

-          Prices set by demand and opinion of critics

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Higher prices set by the opinions of critics

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Hard for newcomers to enter the market
There are no laws preventing dealers from entering the market

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- it is an alternative to the mainstream international avant-garde market

- the galleries engage in promotional (profit driven) work

- artists are tied to one or a small group of dealers, through exclusivity clauses

- the market is national in nature, thus prices are set by demand and the opinions of critics

- social actors play a major role, as they act as price determinants

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Closely related to non profit
Museums, where revenue is generated through ticket sales, rather than sales of the individual artworks.