How
Much Can I Make?
Due to the nature of this business, you can
normally earn anywhere between £0.25 -
£25.00 per download depending on what
price you set on your image downloads and the
rights of use you assign (ie personal use/business
use/commercial use). Some pay a percentage of
typically 15-20% of the download price. Of course,
the more photos you upload and the better/more
commercial they are, then the more people will
want to download them, therefore making you
more money. Most of the sites are in the USA
so pay in Dollars, but this is easily converted
by your bank when it is received. Some also
send money by Paypal which is even more convenient.
Resources:
http://submit.shutterstock.com/?language=en
http://www.istockphoto.com/sell-stock-photos.php
http://www.bigstockphoto.com/sell-your-images.html
Work
From Home?
Absolutely, you only need your camera, computer,
and an internet connection to run this type
of business as everything is based online.
Worked
Example:
You’ve bought a camera to start taking
new photos of everything and anything, you’ve
also got some SD cards with around 250-300 great
photos you feel people may want to use, so you
upload them all.
So
after 1 week you have around 400 photos online
with keywords for people to find them by when
searching. Take a success rate of just 3% and
an average payout of £0.50 per download
(these figures are very conservative), meaning
you’re getting approx 12 downloads per
week. That’s only £6 in royalties,
totalling around £26 per month, but this
is based on only a small number of photos and
a very low success rate.
You
may find that many of your photos never get
downloaded, but some others prove really popular
and get downloaded daily – it’s
a hit and miss game to begin with. Either way,
just from uploading your better photos that
would otherwise just sit on your SD card could
make you an easy £300 extra per year without
any hard work whatsoever.
You
would need the equivalent of £8,000 sitting
in a bank account earning interest at 4% for
a whole year to make that £300+ per year.
This is a great alternative if you don’t
have £8,000 sitting around…
Scale
the business up by taking better, more commercial
photos, buy a professional camera, take shots
that stand out, and soon enough you could turn
your monthly royalties from hobby money into
career money.
Just
see how many contributors on those sites have
portfolios spanning into the thousands of photos,
covering all aspects of amazing photography.
There are the people making a full-time living
off this business, and if done correctly so
can you. On top of this, if you feel your photos
are of high enough quality, why not approach
canvas art companies offering them your work
to sell on canvas to their customers, each time
they sell an image you make an agreed percentage
of the sale proceeds, typically 20-30%.
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