We all have heard about stock photography and how it is impossible to make money through it. The statement stands true today, as there are billions of images floating on the internet, and the democratization of the medium has made it challenging to earn money. In fact, the low wages offered to stock photographers today and the reliance on AI-generated pictures are resulting in a lot of challenges. However, there is still some way for you to make some money from this segment. How so? Here are some tips for you.
Stand Out From The Crowd
This is something you must keep in mind. There are billions of images being created and uploaded on average. However, with the ease of photography also comes photographs that are not up to the mark. And so, as a professional or an emerging photographer, you need to ensure only your best work graces the internet. However, there is also the paradox that while your image has to be unique, there is also the chance that it will lead to more niche audiences. So, remember that clients want images that are easy, without being so distinct that they can only be understood by a handful. As you can see on Shutter Stock’s website, its top images include scenic beauty and images that create a sense of wanderlust.
Research About Your Platforms
When you think of distributing an image through a commercial channel, think carefully about where you will upload your work. You also need to consider the supply and demand chain, where supply is far more than demand, creating challenges for anyone selling their work. So, even if it boils down to Getty Images, Adobe Stock, Shutterstock, and Alamy, then choose the best. We know almost everyone has terrible wage revenue, and many photographers have constantly complained about this. So, speak to others before you actually make a decision. If four out of five people had a bad experience, the best is to skip it. Look for an average where people made a decent income without capitalist ventures trying to fool them. And, of course, if they train their AI models on stock data.
Have Realistic Goals
This is the best thing to keep in mind while venturing out into the world of stock photography. If there is a low demand and more pictures to sell, the prices will automatically drop. And that is the current scenario. However, if you enter the market thinking you will earn a five or six-figure income, then you are mistaken. Think about how challenging it is for your work to be found, and then you weigh the odds against the kind of work that is already selling. So, on average, you can make between $.25 to $50 per download, but this depends on how quickly your image gets recognized.
Don’t Get Into Sole Deals
Stock agencies may try to get you involved in exclusive deals that may be enticing but will only hurt you more. Instead, try to apply to different agencies that may benefit you based on your research. It is pretty much like any other financial investment. You don’t put your money in only mutual funds. In some cases, you use SIPs and stocks to diversify your income. Selling images is just like that for you.
Look at Alternatives
Honestly, you can’t make a huge income from stock photography. However, you can use these stock photography websites as passive income from your work. For instance, this amount can help you purchase some gear or make extra money that can cover your rent. At the same time, don’t put all your eggs into this basket. Instead, build your business and look for assignments that can be your source of bread and butter. This can only be possible if you network and reach out to the correct people. We know how hard this all sounds. But don’t worry; there is always a way out.
