In the mid-nineties, I worked for a company that represented
commercial illustrators. Most of the work was commissioned by advertising and design firms
who needed illustrations for their client's advertising,
packaging, and corporate communication projects.
Back then the word “stock” had a very negative connotation because it devalued creative
work. It wasn’t very common for companies to buy stock photography or
illustration. As well, since stock images were not in great demand, the
selection was limited.
Today is a different story. Companies are still commissioning new work for certain projects, but stock
images are in great demand. Especially for online projects where there is no
time or money to create new images.
Working for a small B2B company, my creative resources are scarce. A few years back I purchased
a photo service subscription for my marketing collateral needs. I liked the
photos at Getty
Images but found it too expensive as a pay-per-photo model. I wanted the
freedom to download as many pictures that I wanted for a set yearly
subscription.
Lately
however, I’ve been disappointed at the selection of images at my service
(especially with Information Technology themed photos). I started to see a lot
of other sites popping up. Garr Reynolds at Presentation Zen has an excellent list of sites in his post “Where
you can find good images”. I had a quick look at iStockphoto.com, one of the
sites that Garr mentioned, and was very impressed with the quality and prices.
Interestingly
iStockphoto.com is owned by
Getty Images. In Business
2.0 I found an article about the giants of the stock photo business, Getty
Images and Corbis. They are being challenged by a flock of tiny
"microstock" agencies. In the article it explains that:
“Klein's [CEO
of Getty] initial plan for dealing with the microstock revolution was to buy
into it. In early 2006 Getty purchased iStockphoto for $50 million. As he tells
it, the revolution is a blessing in disguise. Most of iStockphoto's customers
could never have bought an image before, and many probably simply copied what
they needed. If Klein can bring them in the door with iStockphoto, he might get
some of them to consider Getty's better images, and to this end he'll introduce
a new line of photos that is more expensive than microstock but cheaper than
the company's other offerings.”
"Our aim
is to provide imagery for every budget," Klein says. "I want as much
share of each customer's wallet as possible."
iStockphoto
is interesting as anybody can submit their photographs and earn some revenue. They
also have user reviews and ratings. As well you can see how popular images are
from downloads and view statistics.
If you have
the budget, you might go with the bigger guns like Getty Images, but for
smaller companies, or smaller budget projects, the microstock agencies provide
a great option. I’m looking forward to researching my options for good images!
Incidentally,
the company that I used to work
for have since changed their business to remain competitive. They expanded
into the US that still commissions a lot of new creative work, and they have made a
business from selling their own stock images.
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