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- 🤨 [MSN] $20K A Month With Stock Photos?
🤨 [MSN] $20K A Month With Stock Photos?
Get paid to do what you already do anyway.
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Welcome to another issue of Millionaire Syrup!
Actionable steps in every issue to transform and enhance your lifestyle.
Today:
🤨 $20K A Month With Stock Photos?
📸 Can’t People Just Take A Screenshot & Get The Photos For Free?
🤔So How Do Websites Like Unsplash or Pexels Make Any Money?
📷 Do I Need A Pro Camera?
🌐 Websites To Become A Creator On
💵 What Type Of Photos Bring The Most Money In?
🎥 Can I Make Money On Stock Videos Too?
🧠 How to Be Better Than Everyone Else
👀 Have you ever looked for a pro photo to use and then stumbled upon an image like this?
Seen an image like this? |
Well, these photos actually generate photographers a great bit of money…
🤨 $20K A Month With Stock Photos?
📸 Can’t People Just Take A Screenshot & Get The Photos For Free?
While taking a screenshot of a photo might seem like an easy way to obtain it for free, it can lead to copyright infringement issues. Stock photos are typically copyrighted, and using them without proper licensing is illegal. Moreover, many stock photos are covered with watermarks. To legally use stock photos, you should obtain the appropriate license from the provider - and THIS is why YOU can make money.
🤔So How Do Websites Like Unsplash or Pexels Make Any Money?
Websites like Unsplash and Pexels generate revenue primarily through advertising, sponsorships, and referral fees. They partner with brands to display sponsored content and ads, which are integrated into the platform without disrupting user experience.
These platforms also earn referral fees by promoting other stock image sites, like iStock, where they receive commissions for user sign-ups. Additionally, photographers can receive donations from users who appreciate their work.
📷 Do I Need A Pro Camera?
You don't necessarily need a professional camera to take high-quality photos. Many modern smartphones have advanced cameras capable of producing excellent images, especially with good lighting and composition.
However, if you're aiming for professional-level photography or specific types like product or landscape photography, investing in a dedicated camera can offer advantages such as better image quality, lens versatility, and manual controls.
For beginners, cameras like the Canon EOS R10 offer great value and features to start learning photography.
P.S. With how progressive AI and editing tools have gotten, you and a cellphone can make a GREAT team
🌐 Websites To Become A Creator On
Think about it this way. You take 50 stock photos a month. You can either submit to one platform, or many.
50 x 1 platform = 50 opportunities for a sale.
50 x 9 platforms = 450 opportunities for a sale.
Shutterstock: Known for its extensive library and competitive pricing, Shutterstock is a popular choice for photographers looking to sell stock photos.
Adobe Stock: Integrated with Adobe Creative Cloud, it allows easy uploading from Adobe apps and offers competitive royalties.
Alamy: Offers diverse collections and flexible commission models, allowing photographers to earn between 17% and 50% of sales.
500px: Provides a platform for both selling photos and engaging with a community of photographers.
Getty Images: Targets high-quality images and offers a global reach, though it has stricter submission standards.
Vecteezy: Offers millions of free and Pro stock photos, vectors, and videos. Pro subscribers get unlimited downloads.
StockSnap.io: Provides thousands of high-quality stock photos for free, with new additions weekly.
Picfair: Allows photographers to set their own prices for photos and handles payment processing and licensing.
Dreamstime: Offers a mix of free and premium stock images with various subscription plans.
💵 What Type Of Photos Bring The Most Money In?
The most purchased stock photos typically fall into the following categories:
Graphic Resources: These account for 25.4% of sales, often used for design and marketing purposes.
Business: Images related to business environments and activities make up 12.9% of sales.
People: Photos featuring people in various settings are popular, comprising 11.5% of sales.
Landscapes: Scenic and natural landscapes account for 8.9% of sales.
Animals: Animal photos make up 5.3% of sales.
Additionally, interior photos and conceptual images, even if mundane, are frequently licensed due to their versatility in commercial use.
Source
🎥 Can I Make Money On Stock Videos Too?
Absolutely!
And they can even potentially bring in more revenue than stock photos due to higher demand, pricing, and less competition. Successful videographers, like Jakub Gorajek, have made significant earnings by selling stock footage, sometimes reaching over $250,000.
Keep in mind, it does require a substantial portfolio of high-quality, unique content and consistent uploads to achieve significant income.
The most profitable stock videos often include:
Business and Technology: Clips featuring office environments, technology use, and professional settings are in high demand.
Lifestyle and People: Videos showcasing diverse people engaging in everyday activities or unique cultural experiences.
Nature and Travel: Scenic landscapes, wildlife, and travel destinations.
Time-lapses and Aerial Footage: Unique perspectives and dynamic visuals, often captured with drones.
Stock videos typically range from 5 to 10 seconds long, although longer clips can also be successful if they maintain viewer interest.
🧠 How to Be Better Than Everyone Else
To become a better stock image creator than others, consider these strategies:
Understand Market Needs: Anticipate trends and create images that are timely and relevant, such as seasonal or topical content.
Choose Unique Subjects: Focus on diverse and inclusive content that depicts a wide range of experiences and cultures.
Enhance Image Quality: Use high-quality settings, ensure proper lighting, and maintain focus. Post-production editing is crucial for perfecting images.
Optimize Metadata: Use specific and descriptive keywords and titles to improve discoverability.
Diversify Content: Offer a variety of shots from different angles and compositions to provide more options for buyers.
Stay Informed on Licensing: Understand different licenses to avoid legal issues and maximize your image's commercial potential.
What Are Your Thoughts About This Business Model? |
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Yesterday they called you crazy.
Today they called you lucky.
Tomorrow, they’ll ask how you were able to get it done.
Stay Focused,
The Millionaire Syrup Team