How to calculate the true pic value?

[Francescop]

Hi dears, 
 please someone could you help me to understand how it's possible buy a picture at $ 1.50 in use Rights Managed licence? 

 

Of course, now there is new contract and new commission, but how really is a picture value? 

 

I've receved this report:
Licence
Rights Managed
Details
Country: Worldwide
Usage: Editorial, For editorial use on website and associated social media
Media: Website, app and social media
Image Size: Any size
Start: 20 September 2021
Duration: In perpetuity (???)
Amount
$ 1.50

 

please someone could you help me to calculate a price? 

I've try buying simulation like this, but haven't find any buy solution with this price.

 

thank you

 

 

[Steve F]

18 minutes ago, Francescop said:

Hi dears, 
 please someone could you help me to understand how it's possible buy a picture at $ 1.50 in use Rights Managed licence? 

 

Of course, now there is new contract and new commission, but how really is a picture value? 

 

please someone could you help me to calculate a price? 

I've try buying simulation like this, but haven't find any buy solution with this price.

 

Hi Francesco,

The price of a stock photo is whatever someone in a saturated market is willing to pay for it. You won't receive anything for rarity value unless you sell through a specialist agency or your own website. Stock clients generally also aren't interested in (or aware of) how difficult a picture was to take or how much setup time you needed. You may get a premium if you have an image much better than the competition, but when you rely on a generalist agency to sell it for you, you can't count on this either.

 

The price for commissioned work would be very different, but we're talking about stock here.

Steve

Edited September 21, 2021 by Steve F

[Ed Rooney]

Nice images, Francesco.

 

Regarding your price question: welcome to the world of digital stock.

 

Edo

[Francescop]

17 hours ago, Ed Rooney said:

Nice images, Francesco.

 

Regarding your price question: welcome to the world of digital stock.

 

Edo

 

18 hours ago, Steve F said:

 

Hi Francesco,

The price of a stock photo is whatever someone in a saturated market is willing to pay for it. You won't receive anything for rarity value unless you sell through a specialist agency or your own website. Stock clients generally also aren't interested in (or aware of) how difficult a picture was to take or how much setup time you needed. You may get a premium if you have an image much better than the competition, but when you rely on a generalist agency to sell it for you, you can't count on this either.

 

The price for commissioned work would be very different, but we're talking about stock here.

Steve

 

 

Thank you so much guys. Your support was very appreciated  😔

Edited September 22, 2021 by Francescop

[Steve F]

1 hour ago, Francescop said:

Thank you so much guys. Your support was very appreciated  😔

 

Francesco, I know it sucks, but hopefully the higher sales compensate for the low ones... My gross sales figures for the last 2 months:

August: $3, $5, $20, $16, $40, $6, $6, $5, $5, $51

September: $11, $15, $15, $60, $33, $4, $50, $60

Steve

[Francescop]

On 22/09/2021 at 12:57, Steve F said:

Francesco, I know it sucks, but hopefully the higher sales compensate for the low ones... My gross sales figures for the last 2 months:

August: $3, $5, $20, $16, $40, $6, $6, $5, $5, $51

September: $11, $15, $15, $60, $33, $4, $50, $60

Steve

very sucks!!!

 

I just note my last sale and i'd cried:

 

Licence type: Rights Managed
Country: Worldwide
Usage: Editorial, Website and Social media, any size, single placement and design, worldwide, in perpetuity (why???)
Media: Website, app and social media
Print run: Unlimited
Placement: Any - print inside, electronic, online
Image Size: Any size (why???)
Start: 09 December 2021
Duration: In perpetuity (why???)
Price: $ 0.21
My current contract model is Gold (60% - 40%)

 

All this drawing it's really wicked ...my dear distributor!

Now question is: Is there a reason that should keep this reality alive?

I don't know

 

BR

[Phil]

Trying to determine the true market value of an image will be an exercise in futility.

 

Consider that the image was possibly part of a standard or custom "image pack" - and the pack may have been discounted - difficult to tell.

 

https://www.alamy.com/image-packs.aspx

 

 

Edited December 11, 2021 by Phil

[Michael Ventura]

Its an age old question.  The value is whatever you can get for it.  But once your photos are with a general all purpose agency, such as Alamy, all bets are off to the rare value you may think you have in your photos.  Stock is the great equalizer.  I do think that higher quality, better composed and exposed photos can fetch higher value sales, only in that they may get used more for covers, spreads and other higher end uses.