Example:
A marketing agency might be proficient in creating visually appealing social media posts or driving website traffic, but if they do not understand the art buying process, they may not effectively guide potential buyers towards making a purchase. For instance, an art advisory plays a crucial role in educating and assisting collectors in their buying decisions. Without integrating such advisory services or providing detailed information about the artwork’s provenance, significance, and investment potential, the marketing efforts might not lead to actual sales. This gap in the conversion funnel can result in a high drop-off rate, where interested individuals do not proceed to purchase, ultimately affecting the artist's revenue and growth.