If you are a freelance designer, illustrator or photographer, you may have gotten to the stage where you are a bit fed up with swapping all your time for money. If that's the case, then how do you supplement your income with extra passive? income
The answer you're looking for may be Microstock.
Microwhat?
Microstock organizations (such as iStockphoto) were created to provide a market for their products. I remember when I used to design brochures 10 years ago and the clients used to spend over $ 100 per photo. Now it is more like $ 1 per photo.
Photographers and designers of all kinds of photos and images in a royalty free format for a small commission.
The concept is based on high volume, so your work is making this worthwhile. In theory you'll have a lot more sales from a lot more customers.
How Do You Get Started?
iStockphoto and other Microstock sites have no cost to join a member. There is usually a vetting process, but you need to submit an application for approval. This process time varies depending on the quality of the Microstock agency.
From this point we are pretty self explanatory. You upload your work, people download your best work. You get some nice royalty for each downloaded.
Can You Earn Much Money?
Here's the question killer, and your probably wondering it's worth investing your time to make it work for you.
Well, some people get some quick results, some people take a while to get going.
After a bit of investigation, I found that there are a few 'Microstock Celebrities'. Lise Gagne and Yuri Arcurs. They make a full time income from Microstock sales.
In Conclusion
In my opinion, Microstock should be part of your passive income strategy. It's going to be hard work in the beginning, but you'll be in it if you keep it at it.
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