How to Make Money with Photography
What could be more satisfying than knowing that you can make money doing something you truly love? Oh wait…I know this one…..NOTHING!
Whether you are simply an amateur photographer, you consider photography as one of your most important hobbies or you are a professional photographer already, you can make loads of money with photography if you have the necessary know-how.
You can start by photographing people and things. You can also teach photography, edit & retouch, sell photo books, hold an exhibition or sell stock photos.
Take a look at this image in order to get the complete picture of what you can do as a photographer:
So – what can YOU do – and how can you cash in on these things?
After conducting a throughout investigation, like the sneaky snake that I am – I came up to the conclusion that there are 4 surefire ways to generate REALLY good income with photography: real estate, weddings, stock photos and fine art.
Real Estate Photography
The crisis is long gone, especially as the real estate market is back on the right track. With the real estate industry surging and the number of people looking to buy a new home on the rise, there’s a huge opportunity here to work for a real estate agency that wants to sell some properties. You don’t necessarily need to have experience with photography – all you need is a professional camera and a strong desire to be successful.
You have the option to go with a flat fee or a variable fee. For instance, you can ask about $50-$100 for a session, or you can ask 0.1% of the price of the property (that’s $100 for a $100k property, or $1,000 for a $1 million villa). To start as a real estate photographer, simply promote your services online to realtors and e-mail them some of your pictures. It would probably help to have a website, so get yourself some website hosting at HostMonster and build your blog!
When it comes to wedding photography, there is nothing else to be said. Everybody seems to be doing it.
Why is that?
Obviously, this is one of the most profitable ventures for over two decades. If you have a good camera and you are lucky to have a lot of friends in their mid 20s who want to get married soon, you might have just found yourself the best way to make money with photography. Rent your gear in the beginning and find a mentor for the first couple of weddings – you’ll do just fine after you gain some experience.
Do not forget to promote your services online and offline, on all social platforms and in the neighborhood. You need two main marketing channels for that: a website and a business card. The website or blog is for online users, while the business cards are your connection to physical customers.
Fine Art Photography
This is by far the most difficult and competitive niche. You can sell these photographs online or sell them at an exhibition. For direct sales, go to local coffee shops or to colleges and make them an offer that can’t be rejected. For online sales, enter Zenfolio.com or Smugmug.com, or try other platforms such as Fine Art America or even Etsy. You can make thousands of dollars with just a single sale.
To be honest, I haven’t given stock photography too much credit, until one of my buddies told me that he makes $250 to $500 per month selling photos online – that’s more than twice I expected he’d be making. However, you need to sign up on a bunch of websites and get your photos approved. Then you need to wait and expect people to find you among other thousands of photographers.
Just because I didn’t have enough patience to sell photos online does not mean stock photography is not legit. As a matter of fact, it is slowly becoming one of the easiest ways to make money with photography, because everything happens on the computer, and the computer is the future. You can even modify things slightly and get into fine art photography and catapult your earnings even higher!
Henry Ford, the founder of Ford car company, said …
“Opportunity is missed by most people because it is dressed in overalls and looks like work.”
But he lived 100 years ago and times have changed. Now opportunity doesn’t take as much effort. I started talking to my photo friend (mentioned above) and got some more info from him, it turns out he learned how to do this from this website – Paid 4 Pics
“It’s a bit tricky at first” he said, “but with the right guidance it’s quite doable.”
Can you upload pictures like these?
These are some examples of SINGLE photos that have gone on to make some photographer(s) quite a bit of money. A few of them were even taken from SMART PHONES!!
(Image from Paid 4 Pics)
Anyways, I’ll be honest and say photography is not my thing. I’m a horrible photographer (ask my wife if you don’t believe me). Regardless of that, I wanted to share this with you after interviewing my friend because I know for some of you it will be EXACTLY what you’re looking for.
Enjoy – and have a great rest of the day and weekend! 🙂
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