How to Start a Photography Business & earn money?

• Posted on Aug 12, 2021
• |
• By Shrotriyo S

Photography is something a lot of young people find comfort in doing. The photography business offers an attractive alternative to the other traditional businesses. If you feel photography is your calling and you’re willing to invest in your passion, this article would offer some helpful insight. Here, is how to start a photography business & earn money from it.

How to start a photography business?

Starting a photography business is easier than you think, you could simply start by looking up websites to sell your photos. This option is easy and quick, and involves minimum investment on your part. The least you would need to start this business is a camera and very basic equipment such as  a stand and lights. Additionally, you would need to build a portfolio of unedited pictures and have their compressed and uncompressed versions handy.

How to monetize from photography?

 The best way to monetize from your passion for photography is through stock photography websites. Stock photography websites are business websites where you submit your photos and whenever someone buys your photos you earn commission and/or  royalties. The commission amount varies between 10-12 %  of the price in different websites. The trick to making money from these websites is, to realise what kind of photos have the highest demand. Meeting the quality set by these stock photography business websites for publication. Lastly, have a varied photo portfolio (travel, studio, abstract, food, street)

Alternatively, you can set-up your own photography studio. Which may take a long time to return your principal investment . Furthermore, there is an added advantage of using these stock photography websites. You do not have to worry about marketing and promotion. These websites have great social media marketers and  search engine optimisation.

How can you start an online photography business?

 You can start your own online photography business. You can build your own stock photography website, this will not only allow you to keep all your profits with yourself, you can also hire photographers to click pictures for your photography business. However, this business is not easy to build and can require a lot of finance and time, and will take time to generate profits for you to earn your principal investment.

Building a photography website will require the following:

• Buying a Domain
• Developing your website
• Hosting your website
• Setting up your payment gateway
• Purchasing commercial tools
• Marketing & promotion
• Regular maintenance, upgrades & posts

It is not easy to build and run a website. However, with proper promotion and work the upside is huge and can bring in profits from your work and the work of other photographers. This is something you should consider while building your photography business.

How does a stock Photography work?

 Stock photography websites are huge stocks of  different kinds of photos, watermarked. If an individual wants to use relevant photos for building a website or any personal use, he has to buy these photographs. These websites are very well maintained and optimised and have a huge user base. Some of these websites have their own photographers, but most don’t . These business websites are like middlemen.

Some of the popular stock photography websites are Gettyimages, Alamy & Shutterstock

The above mentioned are some of the steps you can take to monetize from your passion for photography. For beginners it may be difficult to build your own photography business. However, slowly you can think about building your own stock photography website to make profits not just form your photographs but from the work of other photographer’s as well.

• Posted on Aug 12, 2021
• |
• By Shrotriyo S
• |
• 0 Comments