The high cost is justified by the guarantee that purchased images will not occur at every corner of the network. Websites like Shutterstock are the main source of content that meets these requirements. Premium, high-grade, original - these are the qualities that senior marketing executives are looking for. Here are the main reasons for starting a business on stock photos: That’s when the time comes for stock photo sites to shine.
In the modern world, the content has become one of the sales engines and keep receiving close attention. Reason for starting a business on stock photos?
Shutterstock photo how to#
If you wonder how to make a website like Shutterstock, let’s determine the reason for the popularity of stock sites and Shutterstock in particular at first. Source:īuyers are offered several subscription packages: for a month (from 10 pictures for $29 to 750 for $199) package for a year (5 pictures for $49 or 25 for $229) packages for several users (from 2 to 11+) and enterprises. The company sells more than 5 images every second, and their author receives from $0.25 depending on the income rank.
Shutterstock photo full#
Shutterstock acts as an intermediary for thousands of registered artists, giving them the opportunity to distribute images, videos, music, and other unique content for sale with the right to full use. A successful business model of the company contributes to such rapid growth. Over the 16 years of its existence, Shutterstock image base has reached hundreds of millions of files (230+), half a million contributors (450,000+), and about 623 million annual income. One of the leaders in the online stock photo industry is Shutterstock. The total revenue of the market will reach $4 billion by 2023, according to an Arizton report, which is equal to the annual growth of the industry by 5%. The stock photo market has more than 30 global representatives and dozens of smaller rank providers. Current tendencies show that words are not as valuable as images, and originality outweighs the issue of price: more and more companies are striving to use unique images for their content without skimping on the cost. Statistics note that during visualization, people process 65% of the information, while when reading only 10% of it is absorbed. The final part of the article will guide you through topics about development and design stages, as well as the potential cost you need to build a stock photography website. At the equator of our blog post, you will find answers to questions about what you need to start a stock photo website business and what features should be added to the product to satisfy your customers best. In its initial sections, you can learn about Shutterstock and get acquainted with other most prominent representatives of the market. This article is intended for startuppers who want to found a business in the stock photo industry.
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