If you’re an avid photographer and looking to make some extra cash, you’ve probably be tempted, at least at some point in your life, to get into Stock Photography. It seems like a relatively easy way to make money from those thousands of unused photos lurking on various hard drives.
And you know what’s the best part of selling your photos online? You don’t need to possess any special skills. As long as you’re providing high quality pictures with captivating background & good lighting, you can make a decent amount of money.
Now the question is where you can sell your photos online, which cannot only become useful to various audiences but at the same time help you make lots of money.
People, Shutterstock is the platform designed for you!
Why Choose Shutterstock?
Although, the market is full of a plethora of stock photography platforms which can be helpful for submitting images and earning money. But Shutterstock is one of the most significant, reliable & largest global marketplaces for selling & buying photos. It has more than 1,00,000 contributors & has an active base of more than 2 Million people in over 150 countries. It offers a great opportunity for people who create outstanding digital content. Apart from high quality images, you can also submit vectors/illustrations and stock videos.
Shutterstock basically targets two categories: Customers & Shutterstock Contributors.
Since you are here to know how to make money by selling photographs, you need to go with Shutterstock Contributor account!
How Can I Get Started With It?
To become a Shutterstock Contributor, all you have to do is:
1. Create your Shutterstock account, Follow the link to register as a contributor.
2. Follow the walk-through to complete the registration process. You need to provide some basic personal information, submit a digital copy of ID, in order to protect the intellectual properties & speed up payments.
3. As soon as you complete the process, your free Shutterstock Contributor account will be created (but it’s not fully active).
4. Start submitting your content you wish to sell. What are the prerequisites for submission?
If you’re selling Photos: It should be in JPEG file format with at least 4 Megapixels.
If you want to submit Videos: The duration should be from 5 to 60 seconds.
If you’re a designer & wants to sell Vectors or Illustrations: It should be on EPS file format with a maximum size of 15 MB.
Once you submit your work, a team of experts will review it. Once your first piece gets the green flag, your account will become fully active. You have to follow Shutterstock’s Submission and Account Guidelines as well to become an active contributor!
What Are The Types of Earning?
Shutterstock offers a number of earning tiers through which you can earn money:
25-A-Day Downloads – Under Standard scheme, customers are allowed to get a license to download 750 images/month. So, every time your submitted photo gets downloaded, initially Shutterstock pays 25 cents, which can be raised to 33, 36 & 38 cents (per download) depending on your lifetime earnings.
On-Demand Downloads – Users get an option to subscribe to On-Demand subscription model, which allows them to download & use images up to a year. Being a contributor, you’ll be getting $1.88 per download.
Enhanced Downloads – Users can opt for this subscription when they want to download images for commercial purposes. In such scenarios, contributors will get 20% commission of the sale price, which can further be raised to 25%, 28% & 30% depending on the lifetime earnings.
Referred Subscriptions: By referring more customers to Shutterstock, you can earn 20% of their first payment, which is up to $200.
Single Downloads – If your images get sold as single photos without any subscription, you’ll be earning 20% of its selling price.
You can refer to Shutterstock Earnings Schedule, here!
The platform also offers a Shutterstock Contributor app for Android & iPhone users. So, that they can submit the images on the go, track earnings, performance of their content and fruitful insights. Hence, contributors can analyze what content people are actually looking for!
How Will I Be Paid?
As you saw, Shutterstock does offer some great commission rates depending on each subscription. To receive payment, your earnings must reach the minimum payout amount set up for your account. Some people keep it to minimum $35, others keep it higher to avoid PayPal fees.
Once you reach your minimum amount, Shutterstock will send you an email to let you know about the payment. The platform pays to its Shutterstock Contributors via PayPal, Payoneer or Skrill.
Become A Shutterstock Contributor Now!
One of the great things about this Stock Photography site is, you don’t have to worry about your payments. Their clauses are too flexible unlike other image downloader sites, which forces users to exclusively sell their content only to them. iStock by Getty Images follow the same tier which somewhere limits the chances of users to earn more money!