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Author Topic: How reliant are you on microstock income?  (Read 3531 times)

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« on: August 31, 2024, 04:29 »
+6
I have become partially reliant on microstock in recent years.

It has helped me to do some things in life I would not be able to do without it and I have a full time job - and I'm not talking about splurging on indulgences here. Rising costs and cost-of-living pressures has eroded my day-job discretionary income quite significantly.

Some people still make a living from microstock and I have to say you have my sincere respect. Clearly you have worked hard and smart to achieve this.

Others, like myself, have microstock as a supplementary albeit necessary side-income. Others have microstock simply as a hobby and making a bit of extra income, at whatever amounts, is like a small reward.         


« Reply #1 on: August 31, 2024, 05:26 »
0
I have become partially reliant on microstock in recent years.

It has helped me to do some things in life I would not be able to do without it and I have a full time job - and I'm not talking about splurging on indulgences here. Rising costs and cost-of-living pressures has eroded my day-job discretionary income quite significantly.

Some people still make a living from microstock and I have to say you have my sincere respect. Clearly you have worked hard and smart to achieve this.

Others, like myself, have microstock as a supplementary albeit necessary side-income. Others have microstock simply as a hobby and making a bit of extra income, at whatever amounts, is like a small reward.       
Also have a full time job. Its enough for a living and will retire in a few years.
Microstock ist not reliant for me in case of income.
But maybe stock photography will became reliant for me to keep a daily routine at retirement.

Brasilnut

  • Author Brutally Honest Guide to Microstock & Blog

« Reply #2 on: August 31, 2024, 07:37 »
+3
My microstock income pays for all trips and provides me with guilt-free upgrades.

Wish it could provide for more but it is what it is in 2024.

« Reply #3 on: August 31, 2024, 07:51 »
0
Microstock,or maybe I can just say Adobe,because for me everything depends on how things will go on Adobe.

I had a life full of satisfactions and I have lots of good memories,everything was going great,then suddenly everything changed,due to facts beyond my control,and I started in microstock.

I still have many years before retirement,but not that many.

I hope I can have the chance to enjoy it for a few more years as long as I'm young enough,and to soon be able to earn enough with Adobe to be able to travel again,probably to Asia,Africa and South America in order to also diversify my portfolio with travel,and find a bit of serenity.

« Reply #4 on: August 31, 2024, 09:00 »
0
I am working hard to make stock my full time income again. I am a carer and need a job that works from home. Even doing workshops is risky, because I might have to cancel at short notice.

I still know enough people with a full time income from stock, but of course they have been producing consistently and most of them do high quality people stock.

Before I restarted my journey in Sept 22 I did several weeks of intense research over all agencies what is missing. I found so many huge wide empty gaps, that I am confident i can keep adding content for 100 years.

The biggest gaps are in video but also with regular photos there is so much missing. Then I started learning ai and now I can also add illustrations and image content that would be difficult to create with normal methods.

I am also optimistic that designers will always prefer to save time by checking agencies first, plus having legal reassurance over using free image sites, taking their own pictures with a mobile phone or spending an afternoon with endless prompting.

Adobe is my main agency at the moment, but I do want to get back into normal video for everyone and also 20% normal photo content for most agencies.

We will see how it goes, this year is usually 100% more per month than last, next year will be the real challenge. I need 30-40k, ideally 45-50 from all agencies combined.

If I am ever free again, I would like to travel more and add editorial content.

I now have 6k files on Adobe, to make it work I probably need at least 30k. Or 20k very, very well researched and targeted files.

For new themes, people, halloween, futuristic content...I usually need 3-4 seasons to really understand what customers like to buy. The process is slow but quite steady.

eta

Over all agencies combined it looks like I will be reaching 12/13k this year.

I don't think I will be able to double it again next year, but hope to get a minimum of 15k and it all goes well maybe 18k. By 2026 I hope to be over a steady 20k, but it is difficult to predict this far out.

Until then it is an exercise in being very careful with money and cutting down on costs everywhere.
« Last Edit: August 31, 2024, 13:14 by cobalt »

« Reply #5 on: August 31, 2024, 15:50 »
+1
My microstock income pays for all trips and provides me with guilt-free upgrades.

Wish it could provide for more but it is what it is in 2024.
same here, i have a modest retirement income but microstock lets me travel more than i could otherwise

« Reply #6 on: August 31, 2024, 16:59 »
+3
Microstock,or maybe I can just say Adobe,because for me everything depends on how things will go on Adobe.

I had a life full of satisfactions and I have lots of good memories,everything was going great,then suddenly everything changed,due to facts beyond my control,and I started in microstock.....

your choice, but i don't think going exclusive is a solid strategy, especially if you're looking to microstock as a major source of income.

one of the major factors beyond your control is the fate of individual agencies - what do you do when your extensive portfolio disappears or diminishes due to a company's decline (eg exclusives with SS)
l
it's comparable to investing all your retirement funds in a single stock.

« Reply #7 on: August 31, 2024, 21:19 »
+3
totally agree. while it is unlikely for adobe to close down like eyeem or be sold like pond or envato. However, if they become the dominant player what is to stop them from pulling a shutterstock and cutting royalties?

A market situation with several players is best for us.

I like adobe a lot and at the moment I am fully focussed on them.

But I must upload to other players.

I really enjoyed my exclusive time with istock, until we lost control when the place was sold. It was well intentioned and in the beginning had a lot of advantages.

But today we know going public and staying independent would have been better.

zeljkok

  • Non Linear Existence
« Reply #8 on: August 31, 2024, 23:30 »
+3
For me stock $$ finances Photo Gear and Electronic Toys. 

IMHO if someone wants to live from stock, it might not be possible anymore even with full time work.  Must do stills and video;  must shoot all kinds of things, not just what he/she enjoys.  Must do AI, illustrations, etc.  Contribute to many agencies, not just Adobe.  Superior metadata knowledge,  Photoshop proficiency, List goes on.  10 or 15 years ago it was different story, but not anymore

Jade the TikToker that makes 20.000 / month licensing crooked iPhone images will probably disagree though.

« Reply #9 on: September 01, 2024, 03:08 »
0
Yes, you need to be on a professional level, I agree.

Newbies can still get in, but the most important is to do research for needed content. Which is what most beginners never do. They just upload their hobby images and personal favorites and are surprised when a nicely shot sack of potatoes on a white background outsells them.

But everyone can choose their own level, perfectly fine to do stock to pay for a photo hobby or travel expenses.

If you want full time, you need to put full time energy into it and at least for 3-4 years it will be extremely difficult.

But you cannot have a fulltime income by just treating it as a hobby, not anymore. And even in the good old days those who made a full time income where those who did their research and put the customers first.

« Reply #10 on: September 01, 2024, 03:31 »
+3
I'm in a good situation where I have my full time job -remote plus traveling for meetings once every 2 months).

So for me, my salary pay the bills, and stock pays traveling and new equipment.

I'm officially based in Berlin(Germany) but I have been traveling almost 24/7. I mostly spend a month traveling and then ca a week home. And yes, it is not traveling 24/7 when you have 'normal work'. I do my work, and then in the afternoons I go out do some sightseeing, take photos, enjoy the life and then spend the nights editing them and putting into stock.

Not a ideal for everyone (I'm single, no responsibilities at home etc).

But this is all thanks to stock. As I said - my job pays my bills, food etc. But traveling and all those extras in life are thanks to stock photography.

And yes, as some of you already said - it brings money if you treat it as a business and not as a hobby.

You might be laughing but every time I travel I make an extra list on google maps where do I want to go (exactly with street etc) where do I want to take photos, I research what has been already posted, what is missing - i have been doing this for years, so the process is not time consuming (maybe one evening before the trip).

Plus AI -again, you might be laughing - I have an excel sheet with all the key holidays but as well some funny celebrations, and I try to produce some AI for those occasions. But this is for me a fun time to spend an evening with calendar and AI and see what I can create.

To sum it up - if I wanted to stay at home, not travel, eat basic food then yeah stock money would be enough. But thats just exiting - if that's enough for some then OK.

Luckily, I have a job that I like, that doesn't collide with stock (and thanks to traveling is kind of supporting and adding to my stock journey) I enjoy this lifestyle.

Before 2020 I have been working in retail and for 8 years I couldn't see my family for Christmas (they are in Poland and I emigrated to Berlin) so I really enjoy and appreciate the freedom i have right now. And that's thanks to stock as well.

I have been on Adobe since 2016. Started with photos of my dogs and trees and sky and flowers in my parents garden in the middle of nowhere. So yes, going from lame photos to good income is possible if you treat it as a business (I don't say you have to travel the world, but do the research, upload the right photos, good titles, good keywords etc)

« Reply #11 on: September 01, 2024, 03:55 »
+1
Not much anymore. I was never 100% reliant in microstock, but it used to make out a significant part of my income.
But then when the gettyfication began and the other joined the race to the bottom, I settled for other horses to ride on. I have not submitted anything significant for three years now, and removed nothing. Now my stock income is merely a kind of "pocket money" now. And only a fraction of what it used to be.

« Reply #12 on: September 01, 2024, 04:39 »
0
Microstock,or maybe I can just say Adobe,because for me everything depends on how things will go on Adobe.

I had a life full of satisfactions and I have lots of good memories,everything was going great,then suddenly everything changed,due to facts beyond my control,and I started in microstock.....

your choice, but i don't think going exclusive is a solid strategy, especially if you're looking to microstock as a major source of income.

one of the major factors beyond your control is the fate of individual agencies - what do you do when your extensive portfolio disappears or diminishes due to a company's decline (eg exclusives with SS)
l
it's comparable to investing all your retirement funds in a single stock.

mine is a choice that I thought about well,I started with many agencies,I have many inactive ports,which are there,and perhaps in a distant future I could go back to upload again,but I definitely won't be returning to most.

First I have to think about being successful on Adobe,then I can think about the rest,anyway if I can't have a decent income on Adobe I don't think I can do better elsewhere,and then if Adobe Stock fails,imagine what happens to the other agencies.

in my opinion it is the best strategy,because it allows me to work in the best conditions,take care of keywords,produce more,better understand what sells best on Adobe... etc.. don't underestimate the advantages of working only with Adobe.

now...August is over is math time!

or maybe I should say mad time!  :D


« Reply #13 on: September 01, 2024, 05:11 »
+2
It provided for about 15-20% at its peak 3 years ago, but it's going down every year (to about 10% of my total income). So I'm not reliant on microstock. And I've already given up on it, it wouldn't make sense to put more work into it when royalties are going down, when AI is taking over and everything is becoming subscription-based unlimited downloads.

« Reply #14 on: September 01, 2024, 06:57 »
+1
100%.

« Reply #15 on: September 01, 2024, 08:59 »
0
Microstock income was nice while it lasted (up to summer 2020, thank you SS), but since then I've given up on it and just upload some low quality content from time to time to feed the beast. I wouldn't recommend anyone to depend on microstock income anymore - any day Adobe could cut royalties and then it's game over.

« Reply #16 on: September 01, 2024, 12:25 »
0
I don't think Adobe wants a huge shitstorm of angry graphic designers and photographers badmouthing Adobe all over the internet and recommending a switch to affinity photos. They are not stupid.

Keeping us happy is good for their business, Adobe is the only agency where we are also users and customers. Plus many of us have the client contacts to keep recommending Adobe to buyers.

Look at how Shutterstock lost clients after their disaster.

They even bought several agencies and client contracts for over 500 million dollars...and still the volume of customers and downloads has gone down.

How do you even do that???

And imagine if they had kept their royalty system and invested 500 million into marketing and a deeper connection with the buyer/client groups?

I am quite sure Adobe likes us happy. We are a great marketing tool and like to bring people to buy from our Adobe ports.


« Reply #17 on: September 01, 2024, 12:37 »
+1
@cobalt:

Without the arrival of AI I would have agreed with you. But AI changed everything: images can be created free/cheap and easy (I know, currently not that easy, but AI is going to improve over time). So, Adobe will be forced to reduce prices and thus also royalties to compete with free AI images - or risk loosing stock business altogether. I think this is inevitable.

Also microstock contributors are such a small minority of Photoshop users, that Adobe likely doesn't even care about making them angry.

« Reply #18 on: September 01, 2024, 12:50 »
+2
Believe me, they care. Especially if we start deactivating files and ports...millions of files suddenly missing??...they care...

This is a huge company, they don't want bad internet press.

Not sure why prices should change, why is ai  worse than all those places with free content??

What could be worse than free??

I mean the majority of image users, never buy from agencies anyway, they either steal outright on the internet or use something with a cc license or the free sites.

Ai wastes far too much time, plus you need to have a good visual mind. If you don't know what you really want then ai cannot produce it for you. You need a good understanding of how visuals work to get the most out of ai.

What I do see coming is that agencies might actually start to pay more for images with a real model release.

Or if you have a port with 12k model released files then agencies pay out 5% more for those files.

Because the number of people working with real models, that might indeed go down.

But real people content will always be needed, plus the ai training machine needs them too.

So real people and real content will increase in value IMO.

Ai is just another medium, like adding video or illustrations. I don't see why it should make stock cheaper.

It adds more variety content and broadens the collection.

Gradually all agencies will take ai, but Adobe now has a very serious head start.

« Reply #19 on: September 01, 2024, 20:02 »
+2
One big thing it would be nice for people to call "AI" for what it really is "S.T" - "sophisticated theft". "AI" (aka "ST" machines) simply steal & 'blend' images/videos/etc into "models" that they then "re-blend" into new items). But its basically just theft.

The only way the "AI" aka "ST" would be "okay" is if they compensated the original authors in the same RECURRING MONTHLY PAYMENTS FOR LIFE model they have. Not the paltry lowball offers of a 1-time payment - but CONTINUOUS RECURRING PAYMENT. Imagine - you making $1000 EVERY month for the rest of your life - AND - it being adjusted to "inflation" (so if "inflation" went up 1000%, your sales go up 1000%) - imagine being paid that because of the portfolio you created, now being referenced in millions of other images on a DAILY basis.

Very easy to do programatically. The "AI"/"ST" companies don't want you to know that - because they want the revenue ALL to themselves. But very doable.

« Reply #20 on: September 01, 2024, 20:27 »
+4
Believe me, they care. Especially if we start deactivating files and ports...millions of files suddenly missing??...they care...
....

What I do see coming is that agencies might actually start to pay more for images with a real model release.
....

But real people content will always be needed, plus the ai training machine needs them too.

So real people and real content will increase in value IMO....

even a few million desertions by a tiny group of discontented artists won't matter much to any agency's bottom line.

but the real entry for AI is replacing model released images - why pay for an editorial, model released image when you can get an AI image with people who you don't need a release for?

already I have AI variations on my digital images that sell better, likely since they're not limited by being editorial. And that's with today's AI engines. they'll only get better! why would agencies pay more for a dying category, when buyers don't care about 'realism'.


« Reply #21 on: September 02, 2024, 00:29 »
+1
it is not about the bottom line, it is about customer reactions.

in previous shitsstorms agencies lost a serious percentage of content, often very very good content. it is not about losing a few sunsets and hotdogs.

that lead to a huge problem with clients who had these files lightboxed for projects.

it is a small peoples tool when dealing with a large commercial company, but it is very effective.

should only be used in emergencies.

that ai content you like was probably created by a good ai designer. and it also requires the vision to know what exactly you want.

also if people keep buying content on agencies with all the free image sites around, how could ai ne worse?

what is worse than free?

ai is a great tool for media professionals.

as for realism, commercial work with  plasticky airbrushed people has always outselled editorial style content.

editorial itself is a different market, it cannot be affected by ai.

again, if you beliebe ai will destroy the stock market, you can and should readjust income streams.

personally i see huge opportunities and i am trying to improve my skills every day.

CptCurk

  • Homme des bois !
« Reply #22 on: September 02, 2024, 07:19 »
0
Hello,

First post here on that forum  ;D. Use to deal with Blackbox Guild (got 1500 shots), but I understand that's really bad for me as wirestock could also be. Loosing a lot of money and my power as contributor.
I'm a filmmaker from France, and like @cobalt I'll try to make a living out of it. As he said basicly in each of his message, I think that stock is not dead. May be stock photography is way to hard. But in video you can still make a living if you're good and produce content on a regular basis.

My idea is not to rely on 1 plateform. Basicly I'm on subscription plateform (artgrid got around 400 shots) and I'll try to get to filmsupply, storyblock also in the subscribed world. Stocksy would be great also.
My purpose is to go on P5 (yeah ballzy haha), videohive, and a lot more like dissolve, filmpac... Using Xpiks app. Because if one plateform close, then buyers will go somewhere else, and I should not lose much incomes.

So from what I read here and there, the biggest mistake is to think that SS, Adobe are still the biggest and the one to be. I guess that's not true anymore. The thing is I even considere going on plateform like freepiks. But that's making me cry somehow, I guess I'll never do it because I'm a creator and I don't want to devaluate my job. But I'm thinking about this kind of new business models anyway (I've seen that blackbox is uploading on freepiks, so I already have some stuffs on it), as some are using AI.

The idea is this also :

it is not about the bottom line, it is about customer reactions.

again, if you beliebe ai will destroy the stock market, you can and should readjust income streams.

personally i see huge opportunities and i am trying to improve my skills every day.


I also want to get better at shooting. And stock footage would help me achieving that goal with the possibility to write documentaries and to shoot video clips for friends, for crraftsmen/women which couldn't have a pro filmmaker without my stock incomes.
I'll live with a low income at the beginin. But I still rely on some other gigs that I don't want to lose anyway.

The final world for me here is : diversifying  8). That's not only applying it to stock, but to other shooting type.

I guess to succed, we need to shot exclusif and non exclusif content, to upload on subscription / per clip... we need to get some jobs externally, like shooting for travelling company, or any company out there... Always in video for me.

Thank for your words here, it's really helpfull to begin into the business.

Ahh and btw, I got around 6 or 7K$ yearly already for the last 3 years. I haven't uploads much.  :'( really big mistake !

CptCurk

  • Homme des bois !
« Reply #23 on: September 02, 2024, 07:22 »
0
Hello,

First post here on that forum  ;D. Use to deal with Blackbox Guild (got 1500 shots), but I understand that's really bad for me as wirestock could also be. Loosing a lot of money and my power as contributor.
I'm a filmmaker from France, and like @cobalt I'll try to make a living out of it. As he said basicly in each of his message, I think that stock is not dead. May be stock photography is way to hard. But in video you can still make a living if you're good and produce content on a regular basis.

My idea is not to rely on 1 plateform. Basicly I'm on subscription plateform (artgrid got around 400 shots) and I'll try to get to filmsupply, storyblock also in the subscribed world. Stocksy would be great also.
My purpose is to go on P5 (yeah ballzy haha), videohive, and a lot more like dissolve, filmpac... Using Xpiks app. Because if one plateform close, then buyers will go somewhere else, and I should not lose much incomes.

So from what I read here and there, the biggest mistake is to think that SS, Adobe are still the biggest and the one to be. I guess that's not true anymore. The thing is I even considere going on plateform like freepiks. But that's making me cry somehow, I guess I'll never do it because I'm a creator and I don't want to devaluate my job. But I'm thinking about this kind of new business models anyway (I've seen that blackbox is uploading on freepiks, so I already have some stuffs on it), as some are using AI.

The idea is this also :

it is not about the bottom line, it is about customer reactions.

again, if you beliebe ai will destroy the stock market, you can and should readjust income streams.

personally i see huge opportunities and i am trying to improve my skills every day.


I also want to get better at shooting. And stock footage would help me achieving that goal with the possibility to write documentaries and to shoot video clips for friends, for crraftsmen/women which couldn't have a pro filmmaker without my stock incomes.
I'll live with a low income at the beginin. But I still rely on some other gigs that I don't want to lose anyway.

The final world for me here is : diversifying  8). That's not only applying it to stock, but to other shooting type.

I guess to succed, we need to shot exclusif and non exclusif content, to upload on subscription / per clip... we need to get some jobs externally, like shooting for travelling company, or any company out there... Always in video for me.

Thank for your words here, it's really helpfull to begin into the business.

Ahh and btw, I got around 6 or 7K$ yearly already for the last 3 years. I haven't uploads much.  :'( really big mistake !

CptCurk

  • Homme des bois !
« Reply #24 on: September 02, 2024, 07:27 »
0
Hello,

First post here on that forum  ;D. Use to deal with Blackbox Guild (got 1500 shots), but I understand that's really bad for me as wirestock could also be. Loosing a lot of money and my power as contributor.
I'm a filmmaker from France, and like @cobalt I'll try to make a living out of it. As he said basicly in each of his message, I think that stock is not dead. May be stock photography is way to hard. But in video you can still make a living if you're good and produce content on a regular basis.

My idea is not to rely on 1 plateform. Basicly I'm on subscription plateform (artgrid got around 400 shots) and I'll try to get to filmsupply, storyblock also in the subscribed world. Stocksy would be great also.
My purpose is to go on P5 (yeah ballzy haha), videohive, and a lot more like dissolve, filmpac... Using Xpiks app. Because if one plateform close, then buyers will go somewhere else, and I should not lose much incomes.

So from what I read here and there, the biggest mistake is to think that SS, Adobe are still the biggest and the one to be. I guess that's not true anymore. The thing is I even considere going on plateform like freepiks. But that's making me cry somehow, I guess I'll never do it because I'm a creator and I don't want to devaluate my job. But I'm thinking about this kind of new business models anyway (I've seen that blackbox is uploading on freepiks, so I already have some stuffs on it), as some are using AI.

The idea is this also :

it is not about the bottom line, it is about customer reactions.

again, if you beliebe ai will destroy the stock market, you can and should readjust income streams.

personally i see huge opportunities and i am trying to improve my skills every day.


I also want to get better at shooting. And stock footage would help me achieving that goal with the possibility to write documentaries and to shoot video clips for friends, for crraftsmen/women which couldn't have a pro filmmaker without my stock incomes.
I'll live with a low income at the beginin. But I still rely on some other gigs that I don't want to lose anyway.

The final world for me here is : diversifying  8). That's not only applying it to stock, but to other shooting type.

I guess to succed, we need to shot exclusif and non exclusif content, to upload on subscription / per clip... we need to get some jobs externally, like shooting for travelling company, or any company out there... Always in video for me.

Thank for your words here, it's really helpfull to begin into the business.

Ahh and btw, I got around 6 or 7K$ yearly already for the last 3 years. I haven't uploads much.  :'( really big mistake !


 

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