Studying Stock Photo Sales History and Drawing Conclusions

Studying Sales History of Stock PhotosComparing Images
I spent some time studying the sales history ofThe next thing that strikes me is that comparing
my stock photos today. I have been keepingimages can be very misleading. I think it might be
track of every sale since 2004, about the time Ibetter to compare shoots. Generally, you get
started shooting RF imagery. Up until that point,more images from a given shoot, with Royalty
until I began shooting for Blend Images, I hadFree than with Rights Managed. When I look at
limited my stock to Rights Managed images.shoots, my two best money-producing shoots
When I started shooting for Blend I began to alsoare royalty free.
handle the work of some associateMost of my Rights Managed images, until very
photographers and had to keep track of royaltyrecently, were pretty much one-off undertakings.
splits. At this point I have access to the salesThat is, I came up with a single idea and executed
history of about 1200 Rights Managed images andit. I no longer work that way, but with the bulk of
about 6,000 Royalty Fee images.my sales history that is what I am dealing with.
Variations in Styles and Subject MatterBased on what I see in my sales history I think it
Even better, I believe, most of the images in myremains important to shoot for both RM and RF.
sales database were actually photographed byConcepts, Business Images, Lifestyle and
photographers who work with me. That meansConclusions
that my sales history covers a wide variety ofThe third conclusion I get from looking at the
styles and subject matter. There are imagesimages is that, for me, everything seems to sell.
from a total of 14 different photographers.Concepts sell the best as far as individual images
Long Life Spans and Best Selling Imagesgo, our business images tend to sell better than
When I study the sales history the first thing thatour lifestyle, but a few of the lifestyle images do
strikes me is that my conceptual Rights Managedreally, really well.
images have a surprisingly long life span. Over theNot only that, but my core of active
past six months three of my top twenty images,photographers are all doing equally well despite
in terms of earnings, were created over tendifferent approaches, subject matter, and styles.
years ago.Core Concepts and Supplemental Opportunities
My best selling image over the last six months isSo what the heck do I do with this information?
a rights managed image that I created fifteenThe best selling images of my group tend to
years ago! My best selling royalty free picturehave long life spans; RM and RF both make
was created five years ago. My second andmoney and everything sells. I’ll let you know if
seventh best selling royalty free images wereI every really figure out what to do with that
created a little over three years ago.information.
Even when I look at the top 100 images I am stillBut for now I will just keep going on my path,
struck by the number of images that exhibit adevising shoots with a core concept and
very long life. Of course, I suppose it could besupplemental opportunities, and do my best to
that I and my cohorts could just be gettingcreate images that have impact, are relevant to
worse rather than better at our chosenthe market, and are as timeless as possible.
profession…hope not!