Amazon Entering the Art Market

(8/11/2013) Amazon recently just launched its AmazonArt website. There are various comments about Amazon's new initiative and whether it will work. Here provides a positive outlook for Amazon Art. I would say Amazon does not need to make a lot of money or capture a big chunk of art transactions. What Amazon wants is to provide a more complete services to its tens of millions of customers and some short-term collectors as described in this analysis.

The $4.85 million Rockwell, titled "Willie Gillis: Package from Home." Still from Amazon.com.