May 23 2008

Microstock Agencies – An Overview for Beginners

Posted on: May 23, 2008 (40) Comments

The purpose of this post is to give you a two minute, super quick overview of the landscape of microstock agencies and which ones to submit to.

Below you will find a graphic overview of my total income from the different agencies over the last three years of my microstock carrier.

The non-exclusive microstock distribution channel (submitting to a lot of agencies, such as I do) still remains the best income provider, despite the higher commission of the exclusivity offers out there.

Finding where to sign up at these agencies can sometimes be a little difficult, so therefor I have provided links to the sign-up pages at each agency at the bottom of this post. If you use the link below you will become affiliated with me and are entitled to personal guidance by me or my staff. We can do this because we get a tiny percentage of your income if you are affiliated with us.

Income Primo 2008

Income Late 2008

 

The income speaks for itself but you should always take into consideration the time it takes to organize, upload, attach model releases and assign categories at the different agencies. Some agencies have made it extremely easy to upload and organize your images, including Crestock and 123RF. Other agencies have not thought so hard about this aspect and it can therefor be quite time consuming to get your files submitted for inspection. Files have to be categorized and organized before they are evaluated by the editors where they may or may not get rejected.

If you have just spent hours organizing your files and a lot of them get rejected afterwards it can be quite frustrating. Below I have included the result of a study on average agency online management time consume. (The time it takes to attach model release, categories and so forth once the files are already online).

Uploading time compared to income, (Primo 2008)

This survey was done by members of my crew as well as independent testers and was highly significant (p < 0.015).

The most cost-efficient (time spent uploading vs income) agency to upload to is Shutterstock, followed by StockXpert and Fotolia. The least cost-efficient is Snapvillage and Istock. This does not mean that you should not submit to these agencies, but just that you should take this into consideration if you have to do all the uploading yourself. The Yuri Arcurs Distribution Network does keywording as well as uploading for very good stock photographers joining microstock. Read the requirements and find out if this could be you (post almost ready)

Below are the links to the sign-ups at the different agencies. Good Luck in microstock!

Istock
Fotolia
Shutterstock
StockXpert
Dreamstime
123RF
Bigstockphoto
Crestock

   

(40) Comments... What do you think? If you enjoyed this post, subscribe to my RSS
  1. Dimitri said on September 11th, 2008 at 9:14 am   (Quote)

    Yuri, thank you !!!

  2. some feedback for your site as a “thank you” for sharing:
    the link
    http://www.arcurs.com/model-preparations-before-a-shoot is not working
    at the top it shows 6877 Total Visitors 30571 Visitors Today 8 Visitors Online; not very logical
    the video blog needs better lighting

  3. Looking at the late 2008 figures it still seems to me that you could make more money from going exclusive. For instance, if you went exclusive at iStock you would more than double your income from that site overnight (20% to 40% royalties + 10% extra for ELs). You currently don’t even get the preferrential treatment in Best Match that exclusives get – and I can see from the stats sites that the recent change in BM at iStock hurt your sales. Also by going exclusive you would increase from whatever paltry upload limit you have now as a non-exclusive to having 150 or 200 uploads a week which I assume you could fill easily. You could double your current portfolio on iStock in less than 6 months and be 10,000+ images within 12 months. With that in mind your iStock earnings in 12 months would be 4 to 6 (more than double $ per sale, triple portfolio size) times what you are earning now.
    If you then take into account how you could simplify your overall process from 10 sites down to 1, and associated reductions in paperwork, man power etc. it further adds to the benefits.
    Another benefit is that by uploading the same images or even similar images to a number of sites you are cannibalising your own sales. If a designer knows you upload to a number of sites they will go to the cheapest site they can and download your images there. If they are all at one site, a buyer knows they have to go there to get your images, and I suspect your buyers will follow you because of the style and quality of your images. Fair enough, you may lose a few along the way, but they will be more than made up for in other ways.
    Obviously there are other concerns, you can’t just stop contributing to some of the sites you contribute to as they have tie in periods and you have talked about the difficulty uploading to iStock which I think can be overcome if you use some of the tools available like DeepMeta.
    I should add that I contribute to iStock as an exclusive so I am somewhat biased and the value equation might be even better at one of the other sites but surely you can see the benefit of increasing your volume by 300-400% in a year.
    Anyway, something to think about and I’m sure you’ve done the sums for yourself in the past and indeed it might be that the time for you to jump ship was earlier this year when your portfolio on other sites wasn’t so large.
    Dave

  4. Yuri arcurs …You are superb. please guide me more. thanks

    Renee:
    I have done image inspecting for 2 microstock agencies you submit to as I still work for one currently. Your images are fabulous to inspect and I don’t remember ever rejecting any of them. Always fabulous composition and very sharp and clean..

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    Renee:
    I have done image inspecting for 2 microstock agencies you submit to as I still work for one currently. Your images are fabulous to inspect and I don’t remember ever rejecting any of them. Always fabulous composition and very sharp and clean..

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    Renee:
    I have done image inspecting for 2 microstock agencies you submit to as I still work for one currently. Your images are fabulous to inspect and I don’t remember ever rejecting any of them. Always fabulous composition and very sharp and clean..

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  5. [...] exclusivo con iStockphoto ya tenías la vida solucionada (por decirlo de alguna manera) pero Yuri Arcurs me ha demostrado que estoy [...]

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