The purpose of this paper is to explore the parallel relationship that exists between traditional marketing's Product Life Cycle (PLC) and the notion of a 'career trajectory' (as it applies to visual artists) and to introduce a Visual Artists Career Trajectory (VACT) model. The VACT model uses the PLC framework to investigate a facet of the contemporary art market that up until now has received a paucity of academic attention. This investigation also introduces the concept of 'enduring maturity' in the 'post-career' stage of an artist's career that might be useful in informing the traditional PLC to make it more powerful in predicting/suggesting strategies for products as they progress through the 'Late maturity' and 'Decline' stages of their life-cycle.
History
Publication title
AT Business Management Review
Volume
9
Article number
2
Number
2
Pagination
133-141
ISSN
1813-0534
Publication status
Published
Rights statement
Copyright 2013 Taiwan Institute of Business Administration