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	<title>Comments on: What’s Wrong With Microstock?</title>
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	<link>http://blogs.photopreneur.com/whats-wrong-with-microstock</link>
	<description>Marketing Your Photography Business</description>
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		<title>By: Dave P</title>
		<link>http://blogs.photopreneur.com/whats-wrong-with-microstock/comment-page-1#comment-1681</link>
		<dc:creator>Dave P</dc:creator>
		<pubDate>Thu, 26 Jun 2008 06:30:02 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.photopreneur.com/?p=573#comment-1681</guid>
		<description>Eric I think you hit the nail on the head, microstock is certainly here to stay, all the microstock sites have put their prices up over the past few years and moved away from $1 download except for very low res - they are viable

For at least the past 10 years there have been people giving their work away online, and since CC and then flickr came along it&#039;s made it even easier.

There is still a huge gulf between &#039;decent&#039; photos on microstock sites and the kind of unique, stylish and thought provoking subjects you can find on the full price stock sites. There will always be a market for your full priced photography if you are good at what you do.

Microstock came along because there is just no justification to charge 250 dollars for a photo like a picture of pen laying on a listing of share prices.</description>
		<content:encoded><![CDATA[<p>Eric I think you hit the nail on the head, microstock is certainly here to stay, all the microstock sites have put their prices up over the past few years and moved away from $1 download except for very low res - they are viable</p>
<p>For at least the past 10 years there have been people giving their work away online, and since CC and then flickr came along it's made it even easier.</p>
<p>There is still a huge gulf between 'decent' photos on microstock sites and the kind of unique, stylish and thought provoking subjects you can find on the full price stock sites. There will always be a market for your full priced photography if you are good at what you do.</p>
<p>Microstock came along because there is just no justification to charge 250 dollars for a photo like a picture of pen laying on a listing of share prices.</p>
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		<title>By: Krista Neher</title>
		<link>http://blogs.photopreneur.com/whats-wrong-with-microstock/comment-page-1#comment-1676</link>
		<dc:creator>Krista Neher</dc:creator>
		<pubDate>Wed, 25 Jun 2008 01:25:08 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.photopreneur.com/?p=573#comment-1676</guid>
		<description>You may be interested in checking out Photrade (yes, I work there).

We allow photographers to sell prints and stock at any price, giving power back to photographers.

You can request an invite on the site :) (it is currently in private closed beta as we iron out the bugs).
- Krista</description>
		<content:encoded><![CDATA[<p>You may be interested in checking out Photrade (yes, I work there).</p>
<p>We allow photographers to sell prints and stock at any price, giving power back to photographers.</p>
<p>You can request an invite on the site <img src='http://blogs.photopreneur.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' />  (it is currently in private closed beta as we iron out the bugs).<br />
- Krista</p>
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		<title>By: Eric Hamilton</title>
		<link>http://blogs.photopreneur.com/whats-wrong-with-microstock/comment-page-1#comment-1637</link>
		<dc:creator>Eric Hamilton</dc:creator>
		<pubDate>Sun, 15 Jun 2008 11:59:59 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.photopreneur.com/?p=573#comment-1637</guid>
		<description>Reality Check:

Microstock is here to stay.

Hell, it&#039;s even possible to find decent photos available with CC licenses that allow commercial use FOR FREE, as more and more photographers release bits of their collections to gain recognition and sell other photos.

If that trend continues, we&#039;ll start to see FREE stock collections popping up, supported by keyword-driven advertising.

- Eric</description>
		<content:encoded><![CDATA[<p>Reality Check:</p>
<p>Microstock is here to stay.</p>
<p>Hell, it's even possible to find decent photos available with CC licenses that allow commercial use FOR FREE, as more and more photographers release bits of their collections to gain recognition and sell other photos.</p>
<p>If that trend continues, we'll start to see FREE stock collections popping up, supported by keyword-driven advertising.</p>
<p>- Eric</p>
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		<title>By: Dan Scott</title>
		<link>http://blogs.photopreneur.com/whats-wrong-with-microstock/comment-page-1#comment-1513</link>
		<dc:creator>Dan Scott</dc:creator>
		<pubDate>Fri, 09 May 2008 00:36:59 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.photopreneur.com/?p=573#comment-1513</guid>
		<description>What nothing to say Mike?? Didn&#039;t think so...

Down with Microsuck!!!</description>
		<content:encoded><![CDATA[<p>What nothing to say Mike?? Didn't think so...</p>
<p>Down with Microsuck!!!</p>
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		<title>By: Dan Scott</title>
		<link>http://blogs.photopreneur.com/whats-wrong-with-microstock/comment-page-1#comment-1492</link>
		<dc:creator>Dan Scott</dc:creator>
		<pubDate>Sat, 03 May 2008 00:45:08 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.photopreneur.com/?p=573#comment-1492</guid>
		<description>Mike,

If your making a few thousand sales per month from you collection, that means that the stock agencey is more than likely making many more thousands of sales at $1, $2, or $3.  When you consider the amount of money that is garnered (people are 10times more likely to but a product with a picture attached than not) from the use of you images don&#039;t you feel a bit ripped-off??

Oh lets do the math (.30 x 3000=$900) the rate that the &quot;critics&quot; refer to  $900/month is not a good living by any means in America. 

The high end of the scale (1.5 x 3000= $4,500) is shameful considering the billions or revenue that is generated for those using the images.

The end user is not really to blame, they are just responding to an increase of cheap images flooding the market.  The blame rests soley with those greedy indiviuals who manage microstock.  Shame on them for cheapening an artform.  With the increase of Royalty free comes even more abuse of photographer&#039;s copyrights the posting of unprotected content is a common practice and many people simply save a photo off a blog and post it to their own.  I think we can look to the music industry (and napster) for an example there.

So I ask you... Do you know where your images are?  How much have you lost in revenue?  And Mike, what image in this world has sold enough (at the generous .75 per sale) to make &quot;several hundreds or thousands of dollars per year&quot; ???</description>
		<content:encoded><![CDATA[<p>Mike,</p>
<p>If your making a few thousand sales per month from you collection, that means that the stock agencey is more than likely making many more thousands of sales at $1, $2, or $3.  When you consider the amount of money that is garnered (people are 10times more likely to but a product with a picture attached than not) from the use of you images don't you feel a bit ripped-off??</p>
<p>Oh lets do the math (.30 x 3000=$900) the rate that the "critics" refer to  $900/month is not a good living by any means in America. </p>
<p>The high end of the scale (1.5 x 3000= $4,500) is shameful considering the billions or revenue that is generated for those using the images.</p>
<p>The end user is not really to blame, they are just responding to an increase of cheap images flooding the market.  The blame rests soley with those greedy indiviuals who manage microstock.  Shame on them for cheapening an artform.  With the increase of Royalty free comes even more abuse of photographer's copyrights the posting of unprotected content is a common practice and many people simply save a photo off a blog and post it to their own.  I think we can look to the music industry (and napster) for an example there.</p>
<p>So I ask you... Do you know where your images are?  How much have you lost in revenue?  And Mike, what image in this world has sold enough (at the generous .75 per sale) to make "several hundreds or thousands of dollars per year" ???</p>
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		<title>By: Mike</title>
		<link>http://blogs.photopreneur.com/whats-wrong-with-microstock/comment-page-1#comment-1478</link>
		<dc:creator>Mike</dc:creator>
		<pubDate>Wed, 30 Apr 2008 15:15:26 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.photopreneur.com/?p=573#comment-1478</guid>
		<description>$0.30 per sale isn&#039;t a bad price if you get a few thousand sales per month, as I do and many others do. Sure you have to compromise a bit and accept the reality that those $0.30 sales will put your image on everything from a blog to a billboard to a national ad, but if you can look past the idea of 30 cents per image and look at the bigger picture, where a single image still generates several hundreds or thousands of dollars per year, it&#039;s not a bad way to make a living. 

And obviously $0.30 is the low end of the spectrum. Critics will always refer to that rate while ignoring the higher end, at sites that pay higher commissions and generate higher per-image returns. Some microstock sellers report averages of $2-3 per sale (yes, averages). 

As long as profits continue to rise in microstock, as they have for me and many many others, I see no reason to ever leave this business. Long live microstock.</description>
		<content:encoded><![CDATA[<p>$0.30 per sale isn't a bad price if you get a few thousand sales per month, as I do and many others do. Sure you have to compromise a bit and accept the reality that those $0.30 sales will put your image on everything from a blog to a billboard to a national ad, but if you can look past the idea of 30 cents per image and look at the bigger picture, where a single image still generates several hundreds or thousands of dollars per year, it's not a bad way to make a living. </p>
<p>And obviously $0.30 is the low end of the spectrum. Critics will always refer to that rate while ignoring the higher end, at sites that pay higher commissions and generate higher per-image returns. Some microstock sellers report averages of $2-3 per sale (yes, averages). </p>
<p>As long as profits continue to rise in microstock, as they have for me and many many others, I see no reason to ever leave this business. Long live microstock.</p>
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		<title>By: Otto</title>
		<link>http://blogs.photopreneur.com/whats-wrong-with-microstock/comment-page-1#comment-1473</link>
		<dc:creator>Otto</dc:creator>
		<pubDate>Wed, 30 Apr 2008 10:08:57 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.photopreneur.com/?p=573#comment-1473</guid>
		<description>Death to microstock - long life to RM!</description>
		<content:encoded><![CDATA[<p>Death to microstock - long life to RM!</p>
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		<title>By: Dan Scott</title>
		<link>http://blogs.photopreneur.com/whats-wrong-with-microstock/comment-page-1#comment-1472</link>
		<dc:creator>Dan Scott</dc:creator>
		<pubDate>Wed, 30 Apr 2008 03:30:42 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.photopreneur.com/?p=573#comment-1472</guid>
		<description>Good news!!! I will celebrate all failures of microstock companies that cheapen our profession and take advantage of ignorant amateur photographers.
 Yippie!!!

Microstock companies are the greedy parasites of the photography industry.  Their standards are low but occasionally the law of numbers prevails and great images are discovered.  The companies themselves profit only if high volume is achieved.  While the &quot;photographers&quot; make very little.  All the while flooding the market with mediocre imagery and siginificantly lowering the value of the great ones.  While this is great for those companies that buy images to sell their products it is hardly fair to the photographer who created the image.  

Since the poliferation of high quality cameras many advanced amateurs are encouraged to try and turn a hobby into a income stream.  Many do and contribute to the artform.  It would be great if they also educated themselves as to the true value images have to those buying licences to them.  Many great images are licensed for far less that they are worth.  Everyone would do well not to accept contracts from companies the want to give you 30 cents for an image.  Why should someone use your image to make thousands of dollars while you only get 30 cents???

What&#039;s wrong with microstock??? Greed that&#039;s what...

It&#039;s only a matter of time before people (amateur
photographers) start to relize that they are being ripped off by microstock companies and the clients they service.</description>
		<content:encoded><![CDATA[<p>Good news!!! I will celebrate all failures of microstock companies that cheapen our profession and take advantage of ignorant amateur photographers.<br />
 Yippie!!!</p>
<p>Microstock companies are the greedy parasites of the photography industry.  Their standards are low but occasionally the law of numbers prevails and great images are discovered.  The companies themselves profit only if high volume is achieved.  While the "photographers" make very little.  All the while flooding the market with mediocre imagery and siginificantly lowering the value of the great ones.  While this is great for those companies that buy images to sell their products it is hardly fair to the photographer who created the image.  </p>
<p>Since the poliferation of high quality cameras many advanced amateurs are encouraged to try and turn a hobby into a income stream.  Many do and contribute to the artform.  It would be great if they also educated themselves as to the true value images have to those buying licences to them.  Many great images are licensed for far less that they are worth.  Everyone would do well not to accept contracts from companies the want to give you 30 cents for an image.  Why should someone use your image to make thousands of dollars while you only get 30 cents???</p>
<p>What's wrong with microstock??? Greed that's what...</p>
<p>It's only a matter of time before people (amateur<br />
photographers) start to relize that they are being ripped off by microstock companies and the clients they service.</p>
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		<title>By: leaf</title>
		<link>http://blogs.photopreneur.com/whats-wrong-with-microstock/comment-page-1#comment-1470</link>
		<dc:creator>leaf</dc:creator>
		<pubDate>Tue, 29 Apr 2008 20:35:26 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.photopreneur.com/?p=573#comment-1470</guid>
		<description>Well I think I would favor the idea that LuckyOliver&#039;s demise was poor business planning and not the product they were selling.  Istock is turning profit quite well as well as the other big 6 sites.

Yuri also made an interesting comment in this thread
http://www.microstockgroup.com/index.php/topic,3278.0.html
which perhaps proves the macrostock photographers point of high budget shoots just aren&#039;t worth it.  They are likely correct.  The majority of microstock however is low budget shoots, and rightly so.

When quoting Lee Torrens earnings you make .30 / image sound quite small.  The reality however is that the 30 cents was monthly/image from one site.  His images in total are earning (accroding to his figures) $1.50/month on average each, or $18 / image / year which is quite a successful amount according to an average macro stock photographer.</description>
		<content:encoded><![CDATA[<p>Well I think I would favor the idea that LuckyOliver's demise was poor business planning and not the product they were selling.  Istock is turning profit quite well as well as the other big 6 sites.</p>
<p>Yuri also made an interesting comment in this thread<br />
<a href="http://www.microstockgroup.com/index.php/topic,3278.0.html"   rel="nofollow">http://www.microstockgroup.com/index.php/topic,3278.0.html</a><br />
which perhaps proves the macrostock photographers point of high budget shoots just aren't worth it.  They are likely correct.  The majority of microstock however is low budget shoots, and rightly so.</p>
<p>When quoting Lee Torrens earnings you make .30 / image sound quite small.  The reality however is that the 30 cents was monthly/image from one site.  His images in total are earning (accroding to his figures) $1.50/month on average each, or $18 / image / year which is quite a successful amount according to an average macro stock photographer.</p>
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		<title>By: Lee Torrens</title>
		<link>http://blogs.photopreneur.com/whats-wrong-with-microstock/comment-page-1#comment-1469</link>
		<dc:creator>Lee Torrens</dc:creator>
		<pubDate>Tue, 29 Apr 2008 20:18:05 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.photopreneur.com/?p=573#comment-1469</guid>
		<description>Accurate, realistic and balanced. Nice article indeed.

The quality of microstock is rising rapidly, but photographers producing images in the upper quality levels are looking for faster ROI than what they can get in microstock.  This is why many photographers and agencies are moving into the &#039;midstock&#039; middle ground.

As for sustainability, did you read the profit figures from iStockphoto earlier this month?? 

-Lee</description>
		<content:encoded><![CDATA[<p>Accurate, realistic and balanced. Nice article indeed.</p>
<p>The quality of microstock is rising rapidly, but photographers producing images in the upper quality levels are looking for faster ROI than what they can get in microstock.  This is why many photographers and agencies are moving into the 'midstock' middle ground.</p>
<p>As for sustainability, did you read the profit figures from iStockphoto earlier this month?? </p>
<p>-Lee</p>
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