Shutterstock is a pretty new micro stock site that started up about a year ago. As I'm revising my article now, they have a total collection of almost one million photographs and illustrations available for download! Popular Photography even ran an article about them.
Today, Shutterstock has expanded into stock footage as well and in my knowledge one of the first among the microstock sites to do so. My Shutterstock experience has been great and here where my portfolio is performing best. I highly recommend that you read on and check out Shutterstock if you are serious about microstock photography.
The payout rate for each download is 25 cents. Yes, 25 cents may be low compared to other microstock sites like Dreamstime which offers at least 50 cents payout per download. Then again, remember that the cost per download for Shutterstock customers is much lower compared to the other microstock sites as well. This don't just double but even quadruple the download rates at Shutterstock. And more downloads equals more earnings for us! You even earn an extra 5 cents if a customer backup your photo that they have already bought into a CD. This will effectively increase that particular sale to 30 cents. Talk about passive income!
In addition to the subscription based earning, your Shutterstock portfolio is also marketed through affliliates like PhotoSights where the stock photos are sold per photo basis. Here the royalties payable to you is 20% of the purchase price or licensing fee paid. But for video footages, the royalties payable to you is 30% of the purchase price paid to Shutterstock. Personally, I've not experimented on submitting stock footages yet becuase I don't own a digital camcorder myself.
Oh and just to add, Shutterstock pays you either by sending checks, PayPal or Moneybookers! Moneybookers, FYI, is great for us who live in countries where PayPal does not service.
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