MicrostockGroup
Microstock Photography Forum - General => General Stock Discussion => Topic started by: SuperPhoto on March 11, 2019, 19:31
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Title says it all. I'm genuinely interested in figuring out how can I make $150k/year from stock photos/videos?
It's fun to do - now I'd like to figure out how to reach those numbers. Figured I may as well ask in case anyone has some good ideas. Ideas/suggestions?
Perhaps - hypothetically - imagine you personally *were* currently making $150k/year from microstock. What would you have to be doing to acheive that?
Thanks!
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When you find out, let us know.
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Lololoololololol.
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First you have to invent a time machine. Set it to go back to 2005. Check your computer's hard drive to see if your photos/videos survived the trip. Assuming they did, upload them all. Enjoy a few years of six-figure income until 2012-ish when the tidal wave of competition hits and your income falls by around 20% each year.
Now get back in the time machine, go back to 1980 and buy a bunch of Apple stock.
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First you have to invent a time machine. Set it to go back to 2005. Check your computer's hard drive to see if your photos/videos survived the trip. Assuming they did, upload them all. Enjoy a few years of six-figure income until 2012-ish when the tidal wave of competition hits and your income falls by around 20% each year.
Now get back in the time machine, go back to 1980 and buy a bunch of Apple stock.
If I invented a time machine - while yes - I probably would still do some microstock (think of all the cool 'historic' photos I could get) - I'd probably be focused on other things other than just microstock :)
But - it's a serious question - if you were making $150k, what would you be doing to do so?
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30,000 high quality shots with no redundancies at all top agencies might do it... this year. Then add or replace at least 20% per year to maintain sales.
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30,000 high quality shots with no redundancies at all top agencies might do it... this year. Then add or replace at least 20% per year to maintain sales.
Even then, you better be in a lot of HCV niches. And your style and subject matter better be very hard for others to match, because the copycats will be all over you.
I believe there are only 50-100 microstockers doing six figures a year. That's out of, what, 50,000 or so actively microstocking? Many of those at the top are image factories. How will you compete?
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Hahaha
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Its not possible unless you establish a video/image factory
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About 5,000 to 10,000 clips of similar production quality and subject matter as hotelfoxtrot would probably do it:
https://www.pond5.com/stock-video-footage/1/artist%3Ahotelfoxtrot.html#1/2063/artist:hotelfoxtrot (https://www.pond5.com/stock-video-footage/1/artist%3Ahotelfoxtrot.html#1/2063/artist:hotelfoxtrot)
Of course, those shots cost a lot to make, so if you're talking $150k profit, you'd probably need 20,000-30,000.
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About 5,000 to 10,000 clips of similar production quality and subject matter as hotelfoxtrot would probably do it:
https://www.pond5.com/stock-video-footage/1/artist%3Ahotelfoxtrot.html#1/2063/artist:hotelfoxtrot (https://www.pond5.com/stock-video-footage/1/artist%3Ahotelfoxtrot.html#1/2063/artist:hotelfoxtrot)
Of course, those shots cost a lot to make, so if you're talking $150k profit, you'd probably need 20,000-30,000.
Mm, good point - I had forgotten about them. But yes - I think I read/heard somewhere they actually do much better than that...
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First you start with $200,000 and then buy 50K worth of gear.
I think it would be very hard to impossible as an individual these days - so you either have to have an image/clip factory, or start a microstock site that just sends all the "assets" to other sites and skims 70-85%.
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About 5,000 to 10,000 clips of similar production quality and subject matter as hotelfoxtrot would probably do it:
https://www.pond5.com/stock-video-footage/1/artist%3Ahotelfoxtrot.html#1/2063/artist:hotelfoxtrot (https://www.pond5.com/stock-video-footage/1/artist%3Ahotelfoxtrot.html#1/2063/artist:hotelfoxtrot)
Of course, those shots cost a lot to make, so if you're talking $150k profit, you'd probably need 20,000-30,000.
Mm, good point - I had forgotten about them. But yes - I think I read/heard somewhere they actually do much better than that...
Yes, they do MUCH better than that, but they have 70,000+ clips.
Last thing I read was that only at Pond5, they make about $30,000 per month (with a smaller portfolio). They have a strong presence there, with their stuff being promoted a lot, but that's also the case at Shutterstock, so they might pull in $50,000 or so in a good month.
But they are a whole team - production planners, editors, filmers, uploaders, keyworders, not to mention all the models.
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But no, I do not think you need to be a factory to make $12k per month. You just have to work full-time and be good. I think a lot of people here forget that you have to be good. :)
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It's fun to do
It is rare that anything that produce fun, also produce that great amount of money! :D :P
Guess (by reading others) that you have to treat it like a job? And still no guarantee of success?
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About 5,000 to 10,000 clips of similar production quality and subject matter as hotelfoxtrot would probably do it:
https://www.pond5.com/stock-video-footage/1/artist%3Ahotelfoxtrot.html#1/2063/artist:hotelfoxtrot (https://www.pond5.com/stock-video-footage/1/artist%3Ahotelfoxtrot.html#1/2063/artist:hotelfoxtrot)
Of course, those shots cost a lot to make, so if you're talking $150k profit, you'd probably need 20,000-30,000.
Mm, good point - I had forgotten about them. But yes - I think I read/heard somewhere they actually do much better than that...
Yes, they do MUCH better than that, but they have 70,000+ clips.
Last thing I read was that only at Pond5, they make about $30,000 per month (with a smaller portfolio). They have a strong presence there, with their stuff being promoted a lot, but that's also the case at Shutterstock, so they might pull in $50,000 or so in a good month.
But they are a whole team - production planners, editors, filmers, uploaders, keyworders, not to mention all the models.
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But no, I do not think you need to be a factory to make $12k per month. You just have to work full-time and be good. I think a lot of people here forget that you have to be good. :)
You have to be more than "good" probably in the top 1% at least....and if you were that talented probably your skills would be better directed elsewhere.
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You have to be more than "good" probably in the top 1% at least....
Well, yeah. Why should a mediocre amateur make $12,000 per month?
and if you were that talented probably your skills would be better directed elsewhere.
So you're effectively saying that stock is just a place for mediocre talent? With that mindset, of course you will never make any real money. Now, I would say that most stock producers have mediocre skills, but that just makes it all the more profitable to be really good.
Some 1%-ers don't want to be out working real gigs, chasing down clients, doing commercials or films. That is not everyone's idea of fun. Some are very happy being able to work from home, enjoying a passive income. By the way, many real pros also do stock to a certain extent.
Anyway, it seems the mindset of a lot of people is that "stock is supposed to be bad, or mediocre", and we see the "good enough for stock?" comment come up almost every other day here. No wonder you're all complaining so much about sales. :)
And lastly, stock is more than Pond5 and Shutterstock. The web is a big place and many millions of $ are spent on stock.
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Yes some people prefer shooting and selling stock which is why I said probably. I doubt though pursuing that avenue will produce the £150K. Which is fine because most of us settle for less because it's something we enjoy.
Being in say the top 10% is not mediocre. Being in the top 1% is exceptional.
With the Microstock market as it is NOW do you really think anyone who isn't a brilliant businessperson and photographer could enter the market today and make £150k pa? and they couldn't make more elsewhere?
"By the way, many real pros also do stock to a certain extent" So stock photographers not real pros then? But of course it makes sense to produce stock while waiting for more lucrative work..which is exactly how it started.
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xx
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Being in say the top 10% is not mediocre. Being in the top 1% is exceptional.
That depends entirely on the barriers to entry. For any profession requiring a 4-5-year education, the top 10% are of course not mediocre. Because the really bad ones never got into the school in the first place.
Today, in microstock, there is virtually zero barrier to entry. You don't even need a camera. So yes, I would definitely say that only the top 1% are good, if even that many.
With the Microstock market as it is NOW do you really think anyone who isn't a brilliant businessperson and photographer could enter the market today and make £150k pa? and they couldn't make more elsewhere?
Why should you not have to be a brilliant business person and photographer to make really good money?
Make more elsewhere? Yeah, you could work oil rigs. Or a hundred other things. Or become a famous photographer doing celebrity portraits. I heard that's really easy and all it takes is talent. ;)
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It is possible.
That's right.
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...
Perhaps - hypothetically - imagine you personally *were* currently making $150k/year from microstock. What would you have to be doing to acheive that?
NOTHING, since making already $150k, it would be already enough to me...
Hem, yes, the only thing would be to keep the magical recipe far away from a forum post.
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Title says it all. I'm genuinely interested in figuring out how can I make $150k/year from stock photos/videos?
It's fun to do - now I'd like to figure out how to reach those numbers. Figured I may as well ask in case anyone has some good ideas. Ideas/suggestions?
Perhaps - hypothetically - imagine you personally *were* currently making $150k/year from microstock. What would you have to be doing to acheive that?
Thanks!
Open a video agency and pay poor suckers about 15% cut when you distribute their videos.
Otherwise I think the answer is pretty close to this:
First you start with $200,000 and then buy 50K worth of gear.
I think it would be very hard to impossible as an individual these days - so you either have to have an image/clip factory, or start a microstock site that just sends all the "assets" to other sites and skims 70-85%.
More like, start with $100,000 buy gear, hire models, editors, and rent locations. Build a collection of 10,000 good videos your project starting goal. In other words, you can make $150k a year, but it's going to take maybe $100,000 funding the startup and probably five years, in the current market, to do that.
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shot 500 isolated apples images on white bakcground and 500 clips of regular women looking smartphone and smiling.
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and if you were that talented probably your skills would be better directed elsewhere.
This month March 2019 I got payed for August 2018 tv commercial work. And this, only after labour court order. If I remember right "we" have bought some clips from SS. Guess what, the contributor got payed his cut, whatever the price was. I, (the emploee/editor), didn't. No "talent" factor included in this story I guess...
:/
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Title says it all. I'm genuinely interested in figuring out how can I make $150/year from stock photos/videos?
It's fun to do - now I'd like to figure out how to reach those numbers. Figured I may as well ask in case anyone has some good ideas. Ideas/suggestions?
Perhaps - hypothetically - imagine you personally *were* currently making $150/year from microstock. What would you have to be doing to acheive that?
Thanks!
$150 a year is quite realistic. You'll need about 150-300 images spread out at at least a dozen agencies. Ideally they'll have excellent technical standards (focus, low noise, even lighting, plenty of copy space). The content should be in-demand and ideally model-released with young attractive people doing fun activities in an authentic manner. Then you'll want to keyword the images to an excellent level using relevant keywords so buyers can find those images.
$150 a year is very reasonable and I hope that answers your question. Good luck! :P
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Step 1... get yourself a time machine
Step 2... go back to the year 2000 to start shooting editing keywording and preparing for the era of microstock
Step 3... in 2006, start uploading. pay no attention to the annoying reviewers who are also at the same time, your competitors ;P
Step 4... argue about your RAW workflow at parties in London with Yuri, Andres, and Jon Oringer while sipping on Martinis and talking about how annoying rejected photos and keywording are to your life
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The subject line says $150/K a year. So yes, $150 a year is doable. $150K, not so much.
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shoot in 4:3 15k clips
Rosebud with videolove
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First you have to invent a time machine. Set it to go back to 2005. Check your computer's hard drive to see if your photos/videos survived the trip. Assuming they did, upload them all. Enjoy a few years of six-figure income until 2012-ish when the tidal wave of competition hits and your income falls by around 20% each year.
Now get back in the time machine, go back to 1980 and buy a bunch of Apple stock.
Brilliant!!!!!!!! so good and so true.
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This recent blog post has some valuable insight on how to find success as a stock contributor: https://theblog.adobe.com/one-man-show-to-one-million-downloads/
Good luck in your journey!
-Mat
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Title says it all. I'm genuinely interested in figuring out how can I make $150/year from stock photos/videos?
It's fun to do - now I'd like to figure out how to reach those numbers. Figured I may as well ask in case anyone has some good ideas. Ideas/suggestions?
Perhaps - hypothetically - imagine you personally *were* currently making $150/year from microstock. What would you have to be doing to acheive that?
Thanks!
$150 a year is quite realistic. You'll need about 150-300 images spread out at at least a dozen agencies. Ideally they'll have excellent technical standards (focus, low noise, even lighting, plenty of copy space). The content should be in-demand and ideally model-released with young attractive people doing fun activities in an authentic manner. Then you'll want to keyword the images to an excellent level using relevant keywords so buyers can find those images.
$150 a year is very reasonable and I hope that answers your question. Good luck! :P
lol. He want's $150k though (per the title). He just forgot the "k" in the description.
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I don't usually go into detail on my earnings, but here goes anyway.
I make around that amount per year exclusively through microstock. I cleared 7 figures total by mid 2017. I started 2006 but didn't start concentrating full time micro till 2009 ish.
It is possible. My number one tip (for anyone that cares) is don't give your work (especially your newer work, last 5 years-ish) to lower paying sites. By which I mean IStock, Bigstock, Depositphotos, Vectorstock etc. but especially IStock as they are a much bigger fish and constantly trying to find ways to pay us less, or even literally nothing (see free blog usage, Google giveaway, connect etc.).
Those seemingly small cents difference per dl make a big difference in percentage of your bottom line. Restricting the value of those sites content also helps drive customers to the better paying sites.
If anyone argues that they "only care about the total at the end of the month" or whatever I would ask them how long they have managed to sustain a business in the field and how much they make before taking that course.
Also for context. I have a portfolio of less than 20,000 and only rank just inside the top 200 on FL. So there are a few of us doing these sorts of figures and some doing much, much better. Most drug dealers live in their mother's basements then there's Pablo Escobar (or Yuri a few years ago I guess).
Great Post!!!!!!!!!!!!!!
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Title says it all. I'm genuinely interested in figuring out how can I make $150k/year from stock photos/videos?
It's fun to do - now I'd like to figure out how to reach those numbers. Figured I may as well ask in case anyone has some good ideas. Ideas/suggestions?
Perhaps - hypothetically - imagine you personally *were* currently making $150k/year from microstock. What would you have to be doing to acheive that?
Thanks!
Upload to 10 different agencies, and aim for 15K on each agency.
Then diversify by making photo + video + vectors and aim for 5K in each category per website.
Seems doable now 8)
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With video, it's incredibly tough. Too much production time and content gets outdated too quickly. A few years ago, people were happy with 1080p and now everyone is downloading 4K. It's not that sustainable in the long run so you constantly have to upload.
With images, you have a better chance, but like many have said...you need time to build a portfolio and establish your position in the search rankings. You have to be among the best at what you do and you have be willing to spend thousands of hours on your work. It gets harder everyday with so much content in the market, but it's not impossible. Just don't expect immediate results and don't get discouraged.
I have a mixed portfolio with a strong focus on design. I'm not close to $150k, but it's a reachable goal provided the market doesn't change too much in the next 5-10 years.
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With video, it's incredibly tough. Too much production time and content gets outdated too quickly. A few years ago, people were happy with 1080p and now everyone is downloading 4K. It's not that sustainable in the long run so you constantly have to upload.
With images, you have a better chance, but like many have said...you need time to build a portfolio and establish your position in the search rankings. You have to be among the best at what you do and you have be willing to spend thousands of hours on your work. It gets harder everyday with so much content in the market, but it's not impossible. Just don't expect immediate results and don't get discouraged.
I have a mixed portfolio with a strong focus on design. I'm not close to $150k, but it's a reachable goal provided the market doesn't change too much in the next 5-10 years.
The problem is the market is changing. My yearly return per shot is half what it was 5 years ago and will likely drop by half or more again in the next 5 years. Eventually the cost per shot will exceed the average lifetime earnings per shot...
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"but it's a reachable goal provided the market doesn't change too much in the next 5-10 years." Ten years is a long time in this industry.
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This recent blog post has some valuable insight on how to find success as a stock contributor:
Mat, the person that was interviewed stated starting stock around year 2000.
Oh, wait, there is a previous post talking for a timeback machine!
Ok, got it now!
:D :P
Offtopic: Not a native English speaker, but, shouldn't "one man show" be an one man "band"??
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according to that stats site with the bird logo (I forgot the name), I am above the 93 percentile in earnings of all stock contributors. So I make more than 93% of photographers and videographers.
I have 20,000 videos and about 50,000 photos (half online, rest are pending upload).
I make about $35,000 a year from stock.
good luck
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according to that stats site with the bird logo (I forgot the name),
Sounds like a waterproof way to get the facts. ;)
I have 20,000 videos and about 50,000 photos (half online, rest are pending upload).
I have a million images, but unfortunately, 99% are pending upload. But just know I have a million images.
And also remember that all images and videos are created equal. If someone has 20,000 videos and earns X, you will earn exactly the same when you get to 20,000. It couldn't get any easier to predict earnings, really.
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according to that stats site with the bird logo (I forgot the name),
Sounds like a waterproof way to get the facts. ;)
I can't think of the site unonimous meant, but how do they know what all stock photographers earn?
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according to that stats site with the bird logo (I forgot the name), I am above the 93 percentile in earnings of all stock contributors. So I make more than 93% of photographers and videographers.
I have 20,000 videos and about 50,000 photos (half online, rest are pending upload).
I make about $35,000 a year from stock.
good luck
twitter? ;D ;D
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To enter the joke,
I have hundrends of handheld shaky clips that are not been rejected yet!
Kind more seriously, as an example i never would imagine that exist a site allowing search of small youtube channels (millions of them as you know), where you can define parameters as subs, country and niche query and get true narrowed relevant results without third party or Youtube's interaction or interference.
Perhaps this bird logo site exist? Maybe he ment that according to a chart, graph whatever he saw/read online there that he/she is in x category under y and over z contributors?
Similar as e.g. in this poll at the right ShutterStock can claim being the best contributors earnings agency?
:)
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according to that stats site with the bird logo (I forgot the name),
Sounds like a waterproof way to get the facts. ;)
I can't think of the site unonimous meant, but how do they know what all stock photographers earn?
It would be great if such a site existed with reliable stats but I can't see if its even possible for even the KGB to get that information. (I hope)
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https://www.stockperformer.com/pricing (https://www.stockperformer.com/pricing)
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https://www.stockperformer.com/pricing (https://www.stockperformer.com/pricing)
Aha! So that's where the little birdies are! ;D
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With video, it's incredibly tough. Too much production time and content gets outdated too quickly. A few years ago, people were happy with 1080p and now everyone is downloading 4K. It's not that sustainable in the long run so you constantly have to upload.
With images, you have a better chance, but like many have said...you need time to build a portfolio and establish your position in the search rankings. You have to be among the best at what you do and you have be willing to spend thousands of hours on your work. It gets harder everyday with so much content in the market, but it's not impossible. Just don't expect immediate results and don't get discouraged.
I have a mixed portfolio with a strong focus on design. I'm not close to $150k, but it's a reachable goal provided the market doesn't change too much in the next 5-10 years.
The problem is the market is changing. My yearly return per shot is half what it was 5 years ago and will likely drop by half or more again in the next 5 years. Eventually the cost per shot will exceed the average lifetime earnings per shot...
Most buyers are still downloading 1080 not 4K.
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https://www.stockperformer.com/pricing (https://www.stockperformer.com/pricing)
Aha! So that's where the little birdies are! ;D
I think we've been through this before. I wonder how stockperformer knows the downloads and incomes, without passwords. That would be some pretty valuable information for the agencies to know about each other. I really couldn't see much more than their promotional claims, and I'd really wonder what some subscribers say from their actual experience?
I also don't know why the link was to the pricing page instead of the features? https://www.stockperformer.com/features (https://www.stockperformer.com/features) Anyone have more details about this place?
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I tried the free month and I liked it a lot. The graphs are kind of outdated but complete. They obtain the access through a Chrome or Firefox extension as far as I know
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Follow this simple formula:
Divide 150K by your current yearly earnings.
Multiply that by your current number of images.
Subtract your current number of images from that number.
The result is how many you have to upload.
But you have to that within the next couple of weeks or the formula will be obsolete.
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https://www.stockperformer.com/pricing (https://www.stockperformer.com/pricing)
Aha! So that's where the little birdies are! ;D
I think we've been through this before. I wonder how stockperformer knows the downloads and incomes, without passwords. That would be some pretty valuable information for the agencies to know about each other. I really couldn't see much more than their promotional claims, and I'd really wonder what some subscribers say from their actual experience?
I also don't know why the link was to the pricing page instead of the features? https://www.stockperformer.com/features (https://www.stockperformer.com/features) Anyone have more details about this place?
There's a forum here on msg, but it is mostly threads started by stockperformer with no or very few replies. One post in the whole of 2018, none this year.
Does that suggest that most msg-ers aren't interested in the software? Or ...?
How can it gather the stats of individual stock artists and rank them? Does it even have access to iS's API, for example?
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https://www.stockperformer.com/terms (https://www.stockperformer.com/terms)
(5) Stock Performer provides the Customer with a browser plug-in which allows the Customer to access its sales data with agencies and transmit it to Stock Performer. Sales data is downloaded each time the Customer logs in to its account, upon manual request or automatically once per hour when logged in. The data is transmitted to the Customer's end device. The Customer can interrupt and stop transmission at any time.
(1) Under the Market Performance Program Stock Performer will aggregate the anonymized sales data of all participating users and carry out a statistical evaluation. Some parts of these statistical evaluations will be made available to the participating users in a summarized form.
(2) Stock Performer has the right to aggregate the anonymized sales data of the participating users, to carry out a statistical evaluation and analyze and use the data in any way. In particular, Stock Performer has the right to publish such data and to make it available both to other Market Performance Program participants and to third parties.
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according to that stats site with the bird logo (I forgot the name), I am above the 93 percentile in earnings of all stock contributors. So I make more than 93% of photographers and videographers.
I have 20,000 videos and about 50,000 photos (half online, rest are pending upload).
I make about $35,000 a year from stock.
good luck
Ignore this guy.
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https://www.stockperformer.com/terms (https://www.stockperformer.com/terms)
(5) Stock Performer provides the Customer with a browser plug-in which allows the Customer to access its sales data with agencies and transmit it to Stock Performer. Sales data is downloaded each time the Customer logs in to its account, upon manual request or automatically once per hour when logged in. The data is transmitted to the Customer's end device. The Customer can interrupt and stop transmission at any time.
(1) Under the Market Performance Program Stock Performer will aggregate the anonymized sales data of all participating users and carry out a statistical evaluation. Some parts of these statistical evaluations will be made available to the participating users in a summarized form.
(2) Stock Performer has the right to aggregate the anonymized sales data of the participating users, to carry out a statistical evaluation and analyze and use the data in any way. In particular, Stock Performer has the right to publish such data and to make it available both to other Market Performance Program participants and to third parties.
So, as I thought, no more than the stats of those participating.
Whereas of course unonimous said he was "I am above the 93 percentile in earnings of all stock contributors"
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If you keep the non-exclusive and exclusive portfolios and maintain them with good team. A good business with earning more than $150K an year is possible. There are lots of guys on DT who are exclusive and did well. I know one guy personally, he started with vectors and now has team of 12 people in his business and just does stock only.
This is the market of volume. First have the goods to sell and then find the place and model to sell. Thats how it works. I am planning to move my base to London with full time Stock business being operated there with team of 5-6 people to begin with.
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"(2) Stock Performer has the right to aggregate the anonymized sales data of the participating users, to carry out a statistical evaluation and analyze and use the data in any way. In particular, Stock Performer has the right to publish such data and to make it available both to other Market Performance Program participants and to third parties."
I wonder if there is a potential clash with Shutterstock's and possibly others ToS?
"By submitting any Content to Shutterstock, you acknowledge that you will acquire certain confidential and proprietary information, including but not limited to royalty rates, royalty payments and earnings data (collectively, "Confidential Information"). You agree to keep Confidential Information confidential and to not disclose Confidential Information to any third party other than representatives, agents, attorneys, accountants, auditors and advisors with a bona fide need to know, who shall first agree to keep the terms confidential" Or do they have an agreement?
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Title says it all. I'm genuinely interested in figuring out how can I make $150k/year from stock photos/videos?
It's fun to do - now I'd like to figure out how to reach those numbers.
Its quite easy. Upload 3000 images at the big three. Wait a year, to get the RPI / Year.
If your RPI ist 1 - you just need to upload 150.000 images. The Lifetime of an image may be 3 Years.
So you just have to upload 150.000 images every 3 Years. Quite simple.
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of course once you start creating teams, with HR, salaries, payroll taxes, etc, etc, that 150K rapidly becomes a smaller number than was posed by OP -- the chances for a single photog to make 150K from stock is vanishingly small today
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of course once you start creating teams, with HR, salaries, payroll taxes, etc, etc, that 150K rapidly becomes a smaller number than was posed by OP -- the chances for a single photog to make 150K from stock is vanishingly small today
Of course and to have a business where you can "make" £150K in the sense of giving yourself that kind of salary is not a simple task.
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Getty images is giving you 6 cents for every sale. After knowing this it is simple math to find out how to make $150k/year
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Getty images is giving you 6 cents for every sale. After knowing this it is simple math to find out how to make $150k/year
To be fair though that isn't actually true.