Imagine working only once but earning from that one-time job continuously like the endless ocean waves - waves of money.
You are a photographer and you’ve been going to locations like a clockwork to attend shooting appointments. Now you finally decide that you have to also earn residual income so that when the time comes and you’d like to spend more time with your family, the money won’t stop coming in.
How do you do it?
Here are three sources of residual income for freelance photographers like you:
Stock Photo Sites
If you can produce hundreds upon hundreds of photos that can be used by businesses, stock photography can help you put food on the table even if you’re no longer shooting photos like a robot. Each time somebody downloads your photo, you get commission or royalty for each download. Not Bad, Right?
Tutorial Books, Audios or Videos
The trend is producing infoproducts and as a talented photographer, you too can benefit from this trend. Compile photography tips and techniques that you’ve proven effective and educate others about them by creating infoproducts. With the right marketing methods, these tutorials would sell like hotcakes!
Do Photoblogging
If you have accumulated hundreds or even thousands of photos - especially digital ones, you can set up a blog and publish your photos there. It can serve as your marketing vehicle where your portfolio is or where you advertise your infoproducts. Or you can regularly update it with photos and earn from advertisements or sponsorships.
3:18 pm on April 22nd, 2008
I know that guy in the picture. Have you asked permission from the photographer?
3:26 pm on April 22nd, 2008
Sorry, my bad. My friend said it’s not him. He double checked his collection and found out that it really resembled one of his pictures less the brown and white flip flops. Again, I apologize for the confusion.
4:02 pm on April 22nd, 2008
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8:40 pm on April 22nd, 2008
[...] pm on April 22, 2008 | # | Tags: blogs Sources of Residual Income for Freelance Photographers Imagine working only once but earning from that one-time job continuously like the endless ocean [...]
5:55 am on April 23rd, 2008
@ Fitz - i got the photo for free in SXC.HU site - a royalty free collections of photographs
heres the link http://www.sxc.hu/photo/795478
According to the terms of use of the owner
We hereby grant to You a non-exclusive, non-transferable license to use the Image on the terms and conditions explained in this Agreement and on the Image preview page FREE OF CHARGE.
6:41 am on April 23rd, 2008
Stock photography or photo blogging can get nice income I guess but I think you can get the most by far from tutorials. If properly advertised as you mentioned good video course on photography can make serious money. It’s just that making one can prove bit trickier as talent for photography is one thing but presenting one’s experience and knowledge to others is something different.
11:05 am on April 23rd, 2008
i do agree that stock photos are a great option. sure makesa lot of food for anyone.