Sunday, October 24, 2010

STOCK PHOTOGRAPHY – BEN KOPILOW

STOCK PHOTOGRAPHY – BEN KOPILOW

Pros & Cons

Get to shoot what u want

Freedom/lifestyle

No difficult clients to deal with

Patchy income stream / cash flow

Need a good agent – they take 50% of your income

Hard to break into an established agency

Needs constant fresh input.

Risk because investment before income comes in (if it ever does)

LICENCING MODELS

1. $1 down (volume of sales)

2. Royality free (unlimited rights depending on resolution – can use after if u like) $50-$500 – Can sell over & over again.

3. Rights managed – based on usage – HIGH return (negotiate price but can only use once) – less sales

WHAT DOESN’T SELL

Flowers

Landscapes

Abstract art

Phictures of your own kids or pets

WHAT DOES SELL

Specialised unique/niche subjects

Corporate & business shots

Family & lifestyle shots

People, people, people – with model releases

NB Also need property releases for architecture

Also sell a concept eg environmental

KEY WORDS to sell photos for people to find.

DON’T shoot logos.

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