Two months ago I wrote a post for Beyond Here called Do Stock Photos Keep Selling? In that post I analyzed my most recent one hundred downloads on iStockphoto. I was surprised to find that nearly fifty percent of my current stock photography income was being generated by files which are four to five years old. At that time I received a lot of interest about the post and several emails from stock photographers, and so I have repeated and expanded the analysis. Read on for insight into ‘how long do stock photos keep selling for?’
I repeated the exercise I did two months ago, by looking into my most recent one hundred downloads on iStockphoto. In this analysis (see graph below) exactly fifty percent of my current downloads were from files uploaded four to five years ago. A further eighteen percent were uploaded three years ago. This is almost exactly what I found last time I did this analysis (read here for the previous post). I am surprised to see the outcome was the same because one hundred downloads is a small sample size and I didn’t expect to see the same result.
For regular readers of Beyond Here you will know that I have written extensively about the changes which have happened at iStockphoto over recent years. One major change has been the implementation of a subscription program for buyers. iStockphoto’s business model has changed to meet the need of these regular buyers. It has changed so much that my own download numbers are now dominated by subscription downloads.
So, what if we look at the one hundred most recent subscription downloads? Do we see the same pattern? You can see that analysis in the pie chart below. I expected to see a significant difference in the pattern between ‘normal’ iStock downloads and subscriptions but that is not the case. In this case, forty three of the last one hundred downloads were from files uploaded in 2010 and 2011. And a further twenty one from 2012. If I add those together, sixty four percent of my most recent subs downloads were from files uploaded three, four or five years ago. The only noticeable difference between ‘normal’ and subs downloads is the eighteen subs downloads of files uploaded in 2015.
That suggests that some of the subscription buyers are looking for new, current imagery. I expect these are very high volume buyers who have a need for different and fresh images. These might be publishing houses, magazines, newspapers or ad agencies.
I found it surprising that, aside from the files uploaded in 2015, the pattern in subs and normal downloads was similar.
I have presented these in a bar graph below. It highlights that files uploaded three, four, and five years ago make up a high percentage of normal and subs downloads.
So, what do we learn from this? How long do stock photos keep selling for?
For me, three key messages are:
- Stock photos can continue to produce income for several years.
- It is worth shooting and uploading regularly to build an asset which will produce income in the future.
- The subscription program appears to attract a slightly different group of buyers who are more inclined to buy new, fresh content.
Please keep in mind that this is just one photographers experience and it is based on analysis of only a small quantity of data.
If you are a stock photographer, I’d be interested in hearing about your own experience. Please comment on this post. And if you are new to stock photography, please don’t accept the popular view that it is hard to make money in stock photography. I hope this analysis will help you realize that well composed and executed concepts can continue to produce an income for several years.
Thanks for reading ‘how long do stock photos keep selling for?’ I wish you success with your stock photography. Shoot, upload, repeat! Shoot, upload, repeat!