Earn Online from Stock Photography – Worth reading?
How Much Can You Possibly Make Using Stock Photography?
Is it possible to make a living with stock photography? Is there no more stock photography? What is an achievable salary for stock photography? Is it truly worth the effort?
You could have a lot of questions if stock photography is new to you. These are a few of the most typical ones; sadly, there aren’t any simple solutions.
Although stock photography can be profitable, it is getting harder to do so as competition among photographers has increased and the market has grown saturated.
Stock photography is still relevant today. With it, you can still make money, but you have to concentrate on photographs that are in high demand.
How much money can you get from the internet sale of photos? Your potential for income is mostly determined by on your readiness to put in effort. Your revenue will increase in proportion to your level of persistence.
Is it truly worth it, too?Once more, a lot of this is up to you and how much time and effort you believe is appropriate given the outcomes.
I know photographers who rely only on stock photography to bring in thousands of dollars a month.
But keep in mind that these people have been working as professional stock photographers for a long time, honing their portfolios over that period, so don’t expect to make the same amount of money right away.
What kind of earnings can you anticipate? What is an achievable salary for stock photography?
I can share with you my personal narrative, the amount of money I make from stock photography, and the amount of work I’ve been given to it.
It’s not a story on how to become rich quickly, but it’s a real and honest example of how much you can expect to earn from stock photography after a few years of building stock photo portfolios.
How Much Can You Possibly Make Using Stock Photography?
In case you’re wondering how much money stock photography can bring in, you can check out my 2022 Stock Photography Income Report, which offers some valuable insights.
I made $10,309 from stock photographs in total in 2022. Over the course of the year, I earned an average of $859 every month and roughly $3 in revenue per image (RPI). This means that, on average, in 2022, each image in my portfolio brought in $3.
Here are some website for earning online Stock Photography:-
It has taken me 6 years to grow my portfolios up to about 2000 images. That makes below 1 image per day on average. So I’ve been building my portfolios extremely slowly.
So, has it been worth my time?
I’d say yes because even though I’ve been working on this project during evenings and weekends, I was still able to live a normal life.
1 image per day is only 7 images per week on average, but if you’re passionate about it, you could upload 50 images in a week. That’s a tough pace and probably not sustainable in long run but it would get you there faster.
So, thinking of how much you can realistically earn from stock photography? Making $500 per month after 5 years of slowly building your portfolios is very realistic and I’m sure it is possible to make even more if you put your heart into it.
How Much Money Can You Make Selling Stock Images?
Without access to the stock agencies’ data, it’s difficult to say what is the exact average income from stock photography. Each contributor has a different income because there are so many variables to consider. For example:
- How many and which stock agencies do they contribute to
- The quality of their portfolio
- The number of images in their portfolio
- The types of images in their portfolio
- The subject matter of their images
- How often do they upload new content
The only way to get some insights is to ask the stock producers themselves.
I recently conducted a survey in the Microstock Group forum to get a better understanding of how much money people on average make from selling stock photography each month.
According to the survey of 149 stock photographers
- 46.3% make $0 – $500 per month
- 16.1% make $500 – $1000 per month
- 11.4% make $1000 – $1500 per month
- 7.4% make $1500 – $2000 per month
- 18.8% make $2000+ per month
While the question was quite broad and doesn’t take into account various aspects such as portfolio size or experience level, it still provides useful insights into often well-hidden data of stock photography. Below is the screenshot of the detailed results.
In the survey, I received an overwhelmingly positive response – more than 80% of all respondents reported that they earn at least $100 per month.
What’s more encouraging is that 53% of respondents were able to earn $500 or more each month from this type of work. This is an incredibly encouraging statistic, indicating that there are indeed opportunities available for stock photographers to make decent money from their work.
These results not only demonstrate the potential for earning money through stock photography but also provide some guidance on what levels can be achieved by those looking to pursue this line of work.
My Stock Photography Earnings Development Since 2017
I started contributing to stock photography agencies in late 2016. I remember my first sale on Shutterstock – it was 0.25 dollars. I was so excited that somebody actually liked my photo enough to buy it!
Since then, I have earned a total of $12 thousand on Shutterstock only! These days Shutterstock is not even my best-selling stock photo site anymore as Adobe Stock has taken that spot.
I started to record my stock photography income from January 2017 onwards. The earnings have been continuously growing each year. It’s been a long road so far, but the seeds that I have sown are starting to sprout and I am seeing better results each year.
As you can see, the growth has been constant with some variations between seasons. For example, in summer my income always drops. However, this is very normal in the stock photo market because in summer the buyers are on holiday so the sales tend to slow down quite a bit.
By producing high-quality images and consistently uploading them on stock photo sites the earnings will grow.
What Makes a Succesful Stock Photographer?
You cannot expect to make money from stock photography or even understand it completely just by purchasing a camera and taking pictures and submitting them on stock sites.
There is a learning curve involved where you will need to gain an understanding of the basics first.
You need to understand what Stock Photography really is. Stock Photography is not just about making pretty pictures. It’s about making pictures that have a concept or a message in them and that sit well on advertisements, brochures, and commercial websites.
This is something that I understood pretty late and therefore my portfolios are full of images of nameless landscapes that never sell.
Stock Photography requires a bit of strategic thinking and a business mindset. You need to understand the market, supply, and demand.
A niche with high demand, but millions of images available may sell worse than a niche with lower demand, but not many images available. A person holding a wine glass sells better than a wine glass on the table without people.
People images and lifestyle photography sell well because images of people are the core of stock photography. Buyers buy images that people can relate to and images of people in authentic everyday situations are the most popular.
However, I have limited people shots because I’m not great at photographing humans. Despite this setback, my photos still sell nonetheless. So, even with images that don’t feature people, you can still make money.
But, you may be doing much better if you can make people images with signed model releases.
Can You Make Money Selling AI-Generated Stock Images?
In 2023 AI-generated images have been a popular (and controversial) topic in the stock photography world. AI-generated images have evolved to look so photorealistic it’s hard to distinguish them from authentic photos. This has created new opportunities for stock producers who are willing to adapt and ride along this trend.
For example, I’ve never been taking many photos of people, even though people images are the core of stock photography and where the money lies in this industry. However, I’ve recently started using AI generators to create people images, and the results are very promising. Also, I’m able to generate a significantly higher volume of new images and sell them on stock photo sites like Wirestock and Adobe Stock.
So, is it possible to sell AI-generated images and make money from them? In my experience, the answer is yes, you can make money selling AI-generated stock images, but there are a few things you should be aware of:
- You need to be consistent and produce images that are in demand.
- Although AI-generated images look photorealistic, they are still ultimately computer-generated images and often include errors in human anatomy. By paying attention to this issue and ensuring that all AI-generated images you upload for sale are errorless, you can make more money from them and avoid rejections.
- AI-generated images tend to be more unauthentic than “real” photos and can often feel unnatural. By understanding how the AI image generator works and how to control it, you can create images that look more realistic and believable.
- Competition in selling AI-generated stock images is fierce because it is so easy to produce and sell them. This makes it challenging to stand out from the crowd. By understanding some of the basic fundamentals of how to maximize your income in selling stock images you can do better than most. You can read more about that in this post: How To Beat Competitors in Selling AI-Generated Stock Images?
So, AI-generated stock images have a lot to offer but it’s important that you understand some of basic fundamentals of selling stock images. Doing so can help you create images that sell and ultimately succeed in the stock photography market.
Also read here where you can sell AI-Generated stock images: Where You Can Sell AI-Generated Stock Images?
Conclusion
So what is realistic income from stock photography today? In my opinion, making $500 a month after 5 years and uploading an average of 1 image per day into several stock sites is very realistic.
According to my survey in the Microstock Group Forum, 53% of stock producers make at least $500 in a month on average. This level is achievable for anyone willing to put in some effort.
The best part about stock photography is that, once you finish uploading your images, the money they make is fairly passive income.
Many people claim that the market is oversaturated, but I disagree. There is always a demand for high-quality images. New trends come and go giving new opportunities for those who pay attention. And if you’re willing to put in some effort, it’s easy enough to find opportunities.
The key is to be strategic about what you’re selling and to understand the market that you’re selling in. If you can do that, you can make decent money by selling stock photos.
Don’t give up on your dreams! You can make it happen if you try!
