Survey: Photographer Income Sources

Posted on 10/15/2008 by Jim Pickerell | Printable Version | Comments (1)

Two thirds (175) of the respondents to the Selling Stock income survey earned some of their freelance photographic revenue from sources other than stock licensing. Close to half (44%, or $16,052,733) of the gross income reported came other photography and related services.

SOURCES OF FREELANCE PHOTOGRAPHY INCOME
Service Number of respondents Gross income Net income Net stock income Gross average Stock average
Stock licensing 216 31,497,092 19,714,829 20,284,081 145,820 93,908
Corporate 77 9,114,885 5,339,586 2,443,647 118,375 31,736
Advertising and brochures 80 12,804,908 7,073,482 3,704,130 160,061 46,302
Magazine editorial 81 9,626,692 5,468,091 3,478,922 118,848 42,950
Newspaper editorial 15 709,000 465,500 264,940 47,267 17,663
Architectural 24 3,373,400 1,756,862 451,376 140,558 18,807
Event 27 1,837,400 945,750 328,281 68,052 12,159
Wedding and portrait 24 2,333,700 1,502,100 298,035 97,238 12,418
Footage 9 2,197,870 1,497,365 1,656,158 244,208 184,018
Other 65 6,841,425 3,619,071 3,427,244 105,253 52,727

Stock shooters who also did corporate, ad or brochure assignment work earned about as much from these activities as they did from stock (net income minus net stock). However, their average income from stock was much lower than the overall average for stock shooters (net stock divided by number in the group).

Those who did newspaper editorial, event or wedding and portrait work in addition stock averaged very low returns from the stock side of their business and lower overall from their businesses in general.

The average stock earnings of those doing architectural work were low, but their gross income average was very good.

While there were only nine respondents who produced footage, their average gross income was double that of still shooters. In most cases, footage was not their sole source of photography income, but it certainly helped when coupled with income from other sources.


Copyright © 2008 Jim Pickerell. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-461-7627, e-mail: wvz@fpcubgbf.pbz

Jim Pickerell is founder of www.selling-stock.com, an online newsletter that publishes daily. He is also available for personal telephone consultations on pricing and other matters related to stock photography. He occasionally acts as an expert witness on matters related to stock photography. For his current curriculum vitae go to: http://www.jimpickerell.com/Curriculum-Vitae.aspx.  

Comments

  • John r. Green Posted Oct 16, 2008
    Jim -- of the 9 footage shooters, what was the deviation? Were the individuals fairly close to each other in numbers or was there one or two that had abnormally high revenue? --Randy

Post Comment

Please log in or create an account to post comments.

Stay Connected

Sign up to receive email notification when new stories are posted.

Follow Us

Free Stuff

Stock Photo Pricing: The Future
In the last two years I have written a lot about stock photo pricing and its downward slide. If you have time over the holidays you may want to review some of these stories as you plan your strategy ...
Read More
Future Of Stock Photography
If you’re a photographer that counts on the licensing of stock images to provide a portion of your annual income the following are a few stories you should read. In the past decade stock photography ...
Read More
Blockchain Stories
The opening session at this year’s CEPIC Congress in Berlin on May 30, 2018 is entitled “Can Blockchain be applied to the Photo Industry?” For those who would like to know more about the existing blo...
Read More
2017 Stories Worth Reviewing
The following are links to some 2017 and early 2018 stories that might be worth reviewing as we move into the new year.
Read More
Stories Related To Stock Photo Pricing
The following are links to stories that deal with stock photo pricing trends. Probably the biggest problem the industry has faced in recent years has been the steady decline in prices for the use of ...
Read More
Stock Photo Prices: The Future
This story is FREE. Feel free to pass it along to anyone interested in licensing their work as stock photography. On October 23rd at the DMLA 2017 Conference in New York there will be a panel discuss...
Read More
Important Stock Photo Industry Issues
Here are links to recent stories that deal with three major issues for the stock photo industry – Revenue Growth Potential, Setting Bottom Line On Pricing and Future Production Sources.
Read More
Recent Stories – Summer 2016
If you’ve been shooting all summer and haven’t had time to keep up with your reading here are links to a few stories you might want to check out as we move into the fall. To begin, be sure to complet...
Read More
Corbis Acquisition by VCG/Getty Images
This story provides links to several stories that relate to the Visual China Group (VCG) acquisition of Corbis and the role Getty Images has been assigned in the transfer of Corbis assets to the Gett...
Read More
Finding The Right Image
Many think search will be solved with better Metadata. While metadata is important, there are limits to how far it can take the customer toward finding the right piece of content. This story provides...
Read More

More from Free Stuff