Microstock: strategic changes

DCIM100MEDIADJI_0233.JPG by COPYRIGHT LUISA FUMI.

Shutterstock never was my main microstock source of income, but they gave a decisive push to this bizarre new situation where stock images sold for free or nearly (a few cents) cover the best part of the market.
In this new age microstock is no more a gratifying source of revenue. What to do?

Alright, set aside the dreams, forget earning more, let’s just contain the collapse.

A quick analysis of my situation showed that the my ‘best’ agencies were – in that order – Adobe, Alamy, Istock and Shutterstock. Other minor agencies (Dreamstime, Pond5 etc.) were almost negligible as they provided just very occasional income.

In the light of that I changed my strategy, which proved to be a fortunate move: in some way I thus managed not only to contain the dreary “Shutterstock-effect” but also to stay stable at the previous level.
What did I do, exactly?
Chronologically:

  1. Diversify the offer:
    I didn’t want to compete with myself anymore. My new goal was to offer my best images only to my best vendors to avoid selling them ludicrously cheap.
    I drastically chopped the images with the best selling potential off the small agencies. Not an easy job, there was a lot of them, but it worked out fine.
    Yet I keep uploading regularly a few generic images (food, landscapes, animals, nature…) to Dreamstime and Canstock, my best choice among the smaller ones, as they still pay $ rather than cents.
  2. I clenched my teeth and closed my Istock account (where for a pretty long time I haven’t being uploading anyway), even though they provided a regular pretty good income. A matter of dignity, actually: most of the images there were given away even cheaper than at Shutterstock (!), though not many of us screamed about that…
  3. I left only a few hundreds really ugly images on my Shutterstock account, deleting one by one all the others with evil satisfaction. The best of the uglies is this, utterly topical at lockdown times 😀
    Three rolls of soft white toilet paper on a wicker basket by luisa fumi.
    Three rolls of soft white toilet paper on a wicker basket
    Nevertheless every now and then something gets sold even there: since last summer I made almost 3 dollars! (I’m considering buying a Rolls… 😀 )

As a result quite unsurprisingly the minor agencies are selling much less for me but my sales at Alamy and Adobe jumped nicely up thus compensating the burial of my Istock account and the loss of my huge (LOL) Shutterstock income.

In this way I’m not earning much more than before, but changing my tactics produced a very nice side effect: I feel now really better 🙂

However this is just an intermediate step: I’m still looking for further opportunities that comply better with the new rules of the game. They are there, they always are, it’s just a matter of finding them.
And let see what makes Adobe now, the news are a bit uncomfortable … the game is changing again, but okay I can play 🙂

My first images at Arcangel!

AA11665980-500 by luisa fumi.

Since the microstock ship has begun to sink, thanks the Shutterstock coup de grâce, I gave some thoughts about escaping the frustration of the current situation.
It saddened me to see the Stock Coalition profile photos on FB : so many stunning images from many talented photographers on one side, and the fight for a few cents or (occasionally) a few dollars on the other.
This is not right.
These images tell a story: nobody should ever have to sell them this way.

Thanks to the suggestion of Alex Rotenberg’s Brutally Honest Guide to Microstock I applied to Arcangel, a stock agency that licenses images for book and disk covers. I had applied in the past in a lazy way and was discarded. Now, trying really to understand the mood of their images (and having fun doing it), I sent 20 resized pictures on one Sunday night and on the Monday morning after was instantly accepted!

Here a first batch of images:

I don’t know if this new adventure will sale well (if at all) but:
– in few days I learned about image processing more than in a decade
– I discovered the difference that ought to be between microstock and stock (the subject of my next post)
– I DON’T have to do the keywording job 😀 (I hate it even if is of paramount importance)
– I keep having fun discovering in my hard disks images not yet published and processing them in a quite different and emotional way

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