Are you a professional photographer, or maybe just a keen amateur with a good dSLR? If so then this article is for you.
Have you come across the world of Microstock Photo Agencies before? This articule will explain how it all works and how you could get started to build your portfolio of images earning potentially high levels of passive income for you.
The microstock industry has been growing massively over recent years and now represents a large and very credible opportunity for photographers to earn money from their portfolio images. There are many photographers who have created good sized image portfolios for sale via a number of different agencies; many of the photographs sell time and time again, which can create a very long-term passive income stream.
Who are the customers?
The rise of the internet and other media outlets has created a huge need for visual imaging to support websites, articles, blogs and all manner of publishing activities. This is the market that microstock serves, and provides high quality images that cover everything from cat diseases to pictures of your wheelie bin!
Purchasers buy the images with various different usage rights and pay a fee in return. The agency then shares this fee with he original photographer. Once an image has been sold it remains in the image library and can be sold over and over again - this is where the long-term value lies.
Like to become a microstock photographer?
This is actually surprisingly simple, all you need is a bit of skill, patience and a relatively good camera. You scan sign up with a number of agencies and start submitting straight away. You should check their submission guidelines carefully though as some have particular requirements for image contents.
If your images include people then you will also need to submit a signed 'model release' form, these are formal documents through which the model confirms their agreement to be used in the image and for the image to be re-sold and distributed. The majority of agencies provide standard model release forms that can be used for this purpose.
A good library for beginners is Graphic Leftovers: http://graphicleftovers.com/ref=jwsc101/
If you are more confident/experienced then you could consider Dreamstime, which is a bit more difficult, but has higher sales: http://www.dreamstime.com/res2554507-free-images
It takes time to build up your portfolio but the long-term rewards - both financial and from satisfaction are well worth the effort.