|
|||
"Photography's Vanishing Middle Class" National Park Service Photo Contest Photography's Vanishing Middle Class NPPA Independent Photographers Toolkit Advertising Photographers of America Business Manual Common Cents Column On The Cost of Doing Business NPPA Online Discussion Group Instructions Portions of this column were originally written for the October 2006 edition of News Photographer Magazine. Mark Loundy is a media producer and consultant based in San Jose, California. Full bio. The opinions in this article are those of the author alone and do not necessarily represent the official views of the National Press Photographers Association. |
October, 2006 By Mark Loundy
"We lose money on every sale, but we make up for it in volume!" If you read this column regularly, you're used to see reports about contracting markets, falling rates, rights grabs, etc. The industry has been in an upheaval for more than a decade. But what if there were a different way of looking at things? Let's say that the market had degraded so much that no client would pay four-figure commercial licensing fees. Ad agencies were all going for royalty-free images for a buck or two. How could anybody make any money on that? What if you could license for only $1 an image that would traditionally go for $500 for commercial use — but you could license it to hundreds of clients and end up making even more than you would through the handful of licenses in a traditional business model? That's how "micro stock" works. The idea is that a drastically lower fee coupled with royalty-free licensing creates a much larger potential market for an image. Photographer David Hobby writes the "Strobist" blog. He wrote an essay about how under-pricing is destroying photography's middle class. The replies to his piece came from scores of photographers representing the entire spectrum from hobbyists to seasoned professionals with decades of experience. Their thoughtful and well-reasoned postings tell stories of different ways to be successful in the current market. They prove that one size no longer fits all — if it ever did.
Please let me know of any particularly good, bad or ugly dealings that you have had with clients recently. I will use the client's name, but I won't use your name if you don't want me to. Anonymous submissions will not be considered. Please include contact information for yourself and for the client. LeftoversThis is a time where I'm on the AP's side. The photographers are employed by their newspapers — not by the AP. If they don't want to do the transmissions without the token payment, then they should simply say "no." If they feel that they should be compensated for the transmissions they should look to their own employers for payment. If they want to provide their services à la carte, they'll need to become freelancers. |
|
|
Copyright © 2002-2016 Mark Loundy All Rights Reserved | |||