Thursday, March 25, 2010

Microstock Photography - Return on Investment (ROI)

Over a year and a half ago I registered at a few microstock sites to see how I'd do with it, but it very quickly faded from my daily routine - either from lack of results, rejection, or just life getting in the way of one of my many ideas.

I had about 50 images at StockXpert, but they've since closed (moved to Veer) and the $1.00 I made will never be recovered.

I have far fewer images at iStockPhoto and Dreamstime, with combined sales of $6.50. I think the payout threshold is $50 or $100, so at this rate I'll be lucky to be paid out before I'm 65. To be fair, I only have 3 approved photos at each site so the return hasn't been too bad considering such a low number.

I've decided to give it another go, with mixed feelings. Part of me thinks that spending such a lot of time for such little return is a waste of time. Part of me just wants to experiment with this avenue of sales and see if it's really for me. At the moment I'm way behind on my Return of Investment (ROI) with the amount of time I've spent on Microstock in the past and the time I've recently put in. We'll see how this goes and maybe I'll be able to show some interesting graphs and reports down the road like Lee Torrens over at MicrostockDiaries does.

Future update on my progress in 2010!!

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