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Rangefinder Magazine
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Stock Work by Erwin
Nielsen
Separating the Wheatfrom the Chaff
Photographers and stock agencies. Where do you fit in? We hear so
much about "selling stock," what can you really expect?
How do you start? What should you charge? Is it all worthwhile?
My credentials are that I have been producing and selling my own
images for the last 14 years through my company, Images International
Stock Photography. Last year, I asked a few other photographers
who have Internet addresses to join with me in supplying images
on specific photo requests. My client base (those markets that I
have sold to over the years) is about 200. The most frequent sales
have been made to: book publishers, calendar companies, magazines,
advertising, newspaper and television (these are listed in the order
of sales volume).
I'd like share my experiences with you in this thriving market.
First, to define stock photography. There is the "commercial"
stock photographer who produces standard high quality stock pictures
that are widely used in advertisements, commercials and promotional
literature. We see many examples of this fine work in stock agency
print catalogs, and various galleries. They command high fees but
may not enjoy the fruits of selling and reselling the same picture.
In addition, some of these images may become out of date quickly.
Editorial Stock
Then there is the "editorial" stock photographer. He or
she produces content-specific stock pictures that are primarily
used in books, magazines, the electronic media, calendars etc. Most
are a record of history as it is taking place today. The images
evoke a mood, depict human emotions and happenings that can be understood
universally. Typical editorial stock photography can be found when
you remove the advertising photos in a magazine. What's left are
the editorial stock photos, commonly referred to as "photo
illustrations." They don't command the high prices of commercial
stock images, but they do enjoy a longer "shelf life,"
and can be sold and resold over and over.
Breaking down editorial stock photographer even further, image requests
come from publishers. Some of these requests are such that you look
in your inventory and make a determination if you have those requested
images on hand (such as brown bears, or the Washington Monument,
red roses, etc.). Sometimes (and this is becoming more frequent),
the image requested will be for some activity depicting lifestyle
activity, e.g., child washing hair, person getting on a bus, etc.
Now it is unlikely that you would have these images on hand. This
brings me to the "speculative assignment" phase of editorial
stock photography. It is this later category that I have found to
produce the most income.
Today there are millions, upon millions of general theme images.
After all, how many polar bears, Eiffel towers, and Grand Canyons
do you imagine are out there and available to the photo buyer? Keep
in mind that when the editor or photo researcher is looking for
a picture he or she will solicit as many sources as possible and
then pick and chose from the hundreds received. If you concentrate
in this market, having your image selected is tantamount to winning
the lottery without the big payoff.
But when an editor is looking for something specific that may or
may not be in someone's inventory, the editor knows that to get
the image someone will probably have to go out and shoot it. If
you are truly interested in shooting for stock, this is the quickest
way to make a sale. After all, you can shoot exactly what the editor
is looking for, you have less competition for the image, so the
chance of a sale is much greater. Develop a selection of friends
and relatives, old and young, who will act as models for you. (I
always make sure that they get at least one nice print.) I have
found children are great. They like the idea of becoming "models."
Or if you have the facility, do some interior "tabletop"
shooting. Requests are constantly being received for food shots,
or just plain household items (can openers, pots, scales, etc.).
In addition to doing this speculative assignment photography, you
will find that you are producing a better quality image, and that
you are adding additional subject matter to your inventory.
What do these images sell for on the market? From my experience
they can run from $50 per one-time use to as high as $500. In the
book publishing business, where the trend is to use a high volume
of images in each book, the price (which is normally set in the
budget cost of producing the book) is less than a calendar company.
But the volume of images used may well make up the difference. We
have tried to set a minimum fee of $75 per image use and have found
that most buyers will work with you. There is obviously some room
to negotiate with most budgets. Book publishers generally pay in
the $50-$150 range for an inside quarter- page, while covers usually
pay $250- $400. Calendar companies generally pay between $150-$350.
They may require an exclusive use for the year of the calendar,
however. The area where the price is most negotiable is in advertising
and commercial uses. With magazines sometimes price can be negotiated.
We have a program called "foto quote" (206-842-4030 for
ordering information) which is a great program to work from when
discussing pricing with a buyer. It gives you some credibility to
explain to the buyer what the "national" average pay rate
is for a particular type of image.
When Should Fees Be Discussed?
Many requests for images will have a pay schedule as part of the
image request. The buyer will indicate how much he or she is willing
to pay and what the use will be. If that is not done, pick up the
phone and ask. Let them know what you have and that you will send
them out if you and the buyer can agree on the pricing structure.
Sometimes that will not take place until the buyer has had an opportunity
to view your images and make a selection. This is a great time to
put your negotiating skills to the test. After all, the buyer has
already decided that it's your picture they want to use. The only
question is "how much?"
Transmittal memos. The ASMP ( American Society of Media Photographers)
a great organization, has a highly legalized transmittal memo. And
they recommend that you use it. I don't. I think it's a great turn-off
for the editor and may well get you black-listed from doing any
business with them. Send a simple memo containing a listing of the
images or the number of images being sent, an indication of the
subject matter, directly to the editor who has made the request,
and enclose a copy for the editor to sign and return to you as an
acknowledgment. I generally ask the editor to sign the memo and
fax it back to me.
Should your memo have a clause for payment in the event of loss
or damage to the images? Yes, however the $1500 per image suggested
by ASMP is unrealistic in the editorial market. However, it may
work well for commercial photographers sending in images. Stop and
think. An editor sends out a request for certain images. This request
may go to 25, 50 or more than 100 photographers. From that request,
the editor may receive hundreds of images (or in the case of a calendar
company, 10,000 or more). I don't think it is realistic to expect
any company to assume that much liability. In fact, this is another
way to get yourself black-listed. Our memo includes a $500 loss
or damage clause for originals and a $20 loss or damage clause for
dupes. As a practical matter, most publishers are insured against
loss from fire, theft, etc., so you have some coverage if your picture
winds up in the ash heap.
Dupes. Can you use dupes? Yes. In fact many editors would rather
you send dupes than originals. If they want an original, they can
ask for it. The factor that you will pick up on immediately is to
shoot lots of "in- camera dupes." Each one becomes an
original. Better to use more film and have the images on hand. What
happens is that you will receive requests for the same subject matter
from more then one buyer, so it's smart to have a group of the same
image and each one can be treated as an original. If you only have
a single "one of a kind photograph," then have some high
quality dupes made and keep the original on hand, sending out only
the dupes, if possible.
How long can you expect your photos to be kept? This can vary depending
on the project. We have had images returned in 2 weeks from their
submission and have also had images kept for up to a year. The duration
will depend on the project. As an example, a calendar company receiving
images for the next publishing year will review all the images received.
Then they may separate the images by subject matter, covered bridges,
trains etc., so that all the images of covered bridges from various
photographers are placed together in a file. This means that they
won't be looked at for selection until the editor starts preparation
for the calendar of covered bridges. If the publisher is doing hundreds
different calendars, it may be a matter of months until they get
to the one on covered bridges. We don't charge a holding fee and
I have not seen many buyers who would pay a holding fee.
Postage and labeling. If the request for images indicates a short
time frame for the deadline, call and ask for their Fed Ex, UPS,
or Airborne account number. Most editors will supply this to you,
especially it they have worked with you before. It goes without
saying that the information on your slide label should be as complete
as possible. The editor is not interested in the exposure information
(unless it's a photography magazine), but only when, where and what.
The label should be printed or typed neatly and should include your
name and address and, of course, the copyright symbol.
Dates. This is a subject of some controversy. We always used to
put the date on the label-June, 1986, for example. However, this
does date the image which could have an adverse effect. In other
words, if the editor sees that the image of San Diego skyline was
shot in 1986, he may want a more up to date image that reflects
a more current view. We solve the problem this way: Our labeling
system is based on A for 1, B for 2, C for 3, etc. In other words,
1998 is shown on the label as IH for 98. That way we know the date
the photograph was taken, but we haven't alerted the editor. If
the editor wants to know we will certainly tell him-the point being
that we haven't made the date something obvious. Each slide should
have a number so that the number can be referred to for billing.
Our system is as follows: The first set of numbers (5) designates
the subject matter. For example 01476 may represent canoes; 04586
may represent red wolves. The next set of numbers, again (5) represents
two things: first the month 06 would be June; 01 would be January.
The next 3 numbers represent the image number itself. Hence a set
of numbers as follows, 01476-06320 would tell me that the subject
matter was canoes, that the image was photographed in June, and
that the image number is 320. Then, if we add IH on the label, I
know it was photographed in 1998.
You may want to have mounts printed with your name, address, phone
and fax number. If you check with the lab that mounts your transparencies
and have them check with their supplier for the mounts, you can
probably make arrangements to have mounts printed just for you.
This saves a lot of time in label preparation as you then only need
to prepare one label with the slide information and there would
be no need to prepare a second ID label.
Image storage. We use three-ring binders and all images are in plastic
file pages in each binder. All the binders are labeled alphabetically
according to subject matter. Under a section called mammals, we
will start with A for antelope and go through to Z for zebra, each
binder containing the inventory of the particular subject. In addition,
the first page of each section in the binder will have a heavy weight
sheet of paper to record cross-reference information. For example,
under Lions, African, you may cross reference this to Tanzania,
or Kenya, and in the binders labeled Tanzania or Kenya, you would
cross reference those to Lions, African. In this way, if the request
is for images of Kenya you may want to include some Lions.
Should you send out samples of your work unsolicited? No. Much better
to send a query letter first to see if they'd like to review your
work. Many editors have too many photographers already and are not
interested in looking at some new photographer's work. The exception
is if your are specializing. Then you may "ring a bell"
and get some response back. Keep in mind that most editors or photo
researchers are not interested in a large collection of images.
They are interested in a particular subject, and if you have something
that fits that subject request, that's what they want to see.
Having a web page is a great tool. You, of course, may have some
client inquiries from the page if it is "linked" sufficiently.
When you are in communication with a new potential client, you can
refer the client to your web page so that the editor can see an
example of your work and learn something about you. Make sure that
all your communications contain your name, address, phone, fax,
and e-mail, address, and that you also include your web page information.
Using CDs and the Internet to show your work. My experience is that
there are more and more publishers ready to use either your CD or
your images transmitted by e-mail. We often send a sample of the
images requested to the publisher by attaching them to an e-mail.
This has brought some good results.
Sources of business. Try and get listed wherever you can. I have
found that the Blue Book and the Green Book produced by Ann Guilfoyle
have been good sources of business. Subscribing to some of the monthly
reporting sources such as the Guilfoyle Report are helpful www.ag-editions.com.
Also we have gotten some response from being listed in the PhotoSource
data bank on the Internet www.photosource.com. Check into your local
library and look up all the publishers, advertisers, calendar companies,
newspapers, etc. and start a mailing list. A couple of other places
you may want to check out include MPCA (The Media Photographers
Copyright Agency) at www.mpca.com. Also Stockphoto www.stockphoto.net
and PhotoLinks www.atchison.net/.
I suppose the bottom line to all this is, can I make a living at
stock photography? The answer is yes, if you put in the time and
effort necessary to make it work. First of all, back away from all
those travel and landscape images. Sure they're great to photograph
but don't rely on them to make a lot of sales. Instead, specialize.
Find a subject you like and work it like crazy. Then let everyone
know that you have this extensive collection of whatever the subject
is that you have chosen. Also take to heart the suggestion of shooting
stock requests. Last summer, I received a request for some images
of special places in Sedona, Arizona. Now Sedona is only about 411ž42
hours from Tucson, so with my wife along we drove up one afternoon,
shot some of the places in the afternoon light, spent the night
in a motel, shot the remaining images in the morning light, and
returned to Tucson that afternoon. Not a lot of money but earning
$1500 for a pleasant short trip was great, especially if you consider
the fun we had doing it.
Shooting for stock can be a lot of fun. Remember, if you're going
to be setting your own schedule, you're accountable only to yourself,
there is no director or editor looking over your shoulder, and for
the most part, you are the one who chooses what you want to shoot.
Add a profit and you're in "hog heaven."
Erwin "Bud" Nielsen is a photographer/writer based
in Tucson, Arizona.
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