Sunday, October 28, 2018

Diversifying revenue streams

One way that I've read about as an income stream is to take pictures for stock photos.  There is a big market for that and like anything, there are some pictures that are worth more than others.
In this Business Insider article, they say to take pictures of "business, education, lifestyle, medical — anything that happens in life, if you take a picture or video of it, people need it". 
Unsurprisingly, there are businesses that are built around taking valuable stock photos and also business that help newcomers to the game get their pieces sold.

It seems like such a fun thing to do on the side.  A lot of people would love to be a photographer or really enjoy taking pictures and to find out you don't have to be some professional with several thousand dollars invested in gear and training, is really exciting.

"A 2017 Creative Trends Report from Shutterstock showed a rise in nostalgia-related images, and content around cybersecurity and VR."  Also, pictures of people who look like every day people and from all walks of life are in demand.

In my real life, I currently work for a steel mill and I know pictures inside the mill would be in high demand.  Any new publications we have internally all use the same handful of pictures -  for years. Of course, any pictures taken would have to not show a company name or logo and couldn't show any proprietary technology.  

This picture was taken by the woman interviewed in the article and it is one of her higest selling pictures -  it is of her kids and their friends, at a festival.
Something to think about, if you are already taking pictures for marketing -  take a few more and try to sell them as stock photos!

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