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Can I Make A Living With Stock Photography?

February 16, 2010 1 comment

[tweetmeme] Source:  Fast Media Magazine

I get asked that question a lot, but it is really the wrong question. Despite all the gloom and doom, despite the declining RPIs, and despite the glut of images in the market, there are still photographers making a good living…and considerably more.  The question, then, is; are you willing to do what it takes to make real money in stock photography?

Gone are the days when you could run out and shoot a few images on a whim and expect to do well in stock. Now it is important to have a long-term strategy, to know what images are needed, to understand your RPI (return per image), your CPI (cost per image), and to understand your distribution options. There is still a great deal of money to be made in stock for those who can combine talent, dedication, and smart business practices.

In any business having a strategy, a plan, tremendously increases your chances of success. A strategy for stock could be as simple as determining your money goals, understanding what your average income per image is, then creating a schedule to create the necessary images to reach your desired income levels. The most successful continue reading

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