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Stock Photography | Selling
Stock Photographs
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Stock photography is
photography or other imagery of common landmarks, concepts, and events that
can be used and reused for commercial design purposes.
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Photo by
Ingvar Grimsmo.
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Stock Photography is big
business.
Book publishers, specialty publishers,
magazines, advertising agencies, film makers, web designers, graphic
artists, interior decor firms, corporate creative groups, and other entities
utilize stock photography to fulfill the needs of their creative
assignments.
By using stock photography instead
of hiring a photographer to perform on location shooting, customers can save
valuable time and stay on budget. With a wealth of images, stock
photography databases that may be searched online save photo researchers
valuable time when they are looking for just the right image.
With today's digital delivery methods,
images may be purchased online and delivered via FTP, email, or even
downloaded right away.
Many advanced amateurs enjoy an extra
income from their hobby. |
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Stock Photography -
The Business
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Images are filed at a stock photography
agency that negotiates licensing fees on the photographer's behalf
in exchange for a percentage, or in some cases owns the images outright.
This is increasingly done online, especially with the newer micro-stock
models.
Pricing is determined by size of audience or readership, how long the
image is to be used, country or region where the images will be used and
whether royalties are due to the image creator or owner. Often, an image
can be licensed for less than $200, or in the case of the micropayment
websites as little as $1. The client may, however, request "exclusive"
rights, preventing other customers from using the same image for a
specified length of time or in the same industry. Such sales can command
many thousands of dollars, both because they tend to be high-exposure
and because the agency is gambling that the image would not have made
more money had it remained in circulation.
With rights managed stock photography an individual licensing
agreement is negotiated for each use. Royalty free stock photography
offers a photo buyer the ability to use an image in an unlimited number
of ways for a single license fee. However with royalty free licensing
there is no option for getting exclusive usage rights.
Some stock photography sites offer low-resolution photography
free for the purpose of preparing advertising comps to demonstrate a
design. If the advertiser decides to use the image, the rights to use
the high-resolution image then can be negotiated.
Professional stock photographers place their images with one or
more stock agencies on a contractual basis, with a defined commission
basis and for a specified contract term. Some photographers fund their
own photo shoots, or develop imagery in cooperation with an agency,
while others submit photographs originally produced as part of editorial
(magazine) or commercial assignments. International professional stock
photography organizations include the Stock Artists Alliance and the
International Stock Imagery Association.
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Stock
Photography | Selling Stock Photographs
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