Microstock Photography Forum - General > Off Topic
Global Economic Slowdown Ahead
memakephoto:
The economy is driven as much, if not more, by small business as it is the stock market. If there is a downturn it's more likely that businesses will advertise more rather than less. They will try to get as much from their advertising dollar as they can though so they'll look to get low cost source material for ads.
Where could buyers go for inexpensive imagery for advertising? Hmmmm.
davidbautista:
--- Quote from: memakephoto on January 17, 2019, 18:28 ---The economy is driven as much, if not more, by small business as it is the stock market. If there is a downturn it's more likely that businesses will advertise more rather than less. They will try to get as much from their advertising dollar as they can though so they'll look to get low cost source material for ads.
Where could buyers go for inexpensive imagery for advertising? Hmmmm.
--- End quote ---
This is a good point. I think more people could start to use microstock if they cannot afford a private photographer or expensive ad campaigns.
Uncle Pete:
Interesting views, I hope that the optimists are right and less demand, less customers, eventually means we sell more, because the ones that do need illustrations and photos, will be seeking more economical solutions.
--- Quote from: jjneff on January 17, 2019, 07:25 ---I don't worry about what I can't control, I focus on what I can do.
--- End quote ---
Exactly why I don't care what some agency has for rules for getting to be a contributor or what their review standards are. Not my business, beyond any of my control. I also can't worry about what's next from some smaller places that are likely to go under. Most are honest enough to pay contributors, but some just shut down.
Maybe this predicted (not by me, I'm just reading) means more of the parasite agencies will finally go away, and we'll all get more business from the bigger established outlets.
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