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23 Jun 2010

I Am a Parasite

I just got called a “parasite of the stock industry” and I was told to “wake up”. Well, isn’t that special?

It’s still hard for me to believe how many bitter feelings are still being held about microstock by those who have been in the stock business for decades. I’m not sure the Rights Managed photobanks will ever forgive it. Microstock strikes a very painful nerve with most rights managed photographers. I can understand where they’re coming from, but it’s been a good 6 years that microstock has been in the limelight. I don’t think rights managed will ever go away totally, but its definitely on the decline. But don’t blame microstock – blame technology and it’s advancement. You can get an 8mp DSLR used for $200 right now in the US. That’s less than the cost of an ipod or iphone, and we all know how many of those are in people’s pockets.

A lot of credit has to be given to those traditional stock shooters that have either embraced microstock, or at least given it some respect and consideration.  Guys like Jack Hollingsworth and John Lund.  Not everyone is a hater, thankfully.  Check out their amazing blogs.

Heck, if I could license all of my work at prices ranging from $100-10,000+ per license, I most definitely would.  Unfortunately, I had my start in microstock, and I’ve been playing the “bulk sales” game ever since.  If you’re a rights managed stock photographer and are still maintaining your sales, that’s incredible – keep up the good work.  All the best to you.  I’m not knocking that side of the business at all.

All I’m saying… is that the creative fields change yearly, if not monthly.  If you can’t roll with the punches, and the changes of the market (the same as in any other field) then you’re going to be left behind.  Just because some of us choose to sell micro, doesn’t mean we’re giving stuff away for free.  The prices of microstock are, in many case on the increase.  The price wars will continue to go on between the newer and upcoming agencies.  But you can trust me on this: you will never see my giving my work away for free.  It’s one thing to give stuff away.  We all do it, you almost have to nowadays just to get hits to your website.  Free advice, free tutorials, etc.  It helps one another out, and one hand washes the other as in all things.

Different strokes for different folks, is all I’m saying.  I’m done ranting, time for me to get back to work.  Happy shooting!

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  • http://twcdm.blogspot.com travis

    Great post. You have to do what works for you. I might have to sell a lot more images than the RM photographer to make the same amount of money, but it’s steady, predictable (most predictable) money. At the end of the day does it really make any difference how many photos were sold to make that money?

    • http://arenacreative.com/ arenacreative

      Exactly – to me it doesn’t. Don’t get me wrong, you can sell RF images anywhere from $1 for small web res sizes all the way up to $500 at midstock sites. I find that those higher end sales are a lot more infrequent than those in the $5-10 range. If I had to sit around and wait for a couple sales per month at higher prices, I would think that might be a lot more stressful of an income… always having to worry when the next sale was going to come to see whether or not you’re going to cover your expenses for that particular month.

  • http://www.lookstat.com Rahul Pathak

    Great post. Microstock is here to stay – these things can’t be un-invented :)

    • http://arenacreative.com/ arenacreative

      Thanks Rahul, and Amen to that :)