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selling stock footage – worth it or not?
Forgive me if this has been raised before but I’m wondering if selling stock footage is in any way lucrative. Some qualifiers: I know many would want me to define ‘lucrative’, and I know stock footage houses might say “It depends on your video” (!) Clearly images of a celebrity in a compromising position would be of more value than, say, images of a flower show –but then ‘flower show’ images might also find a willing market.
I am also aware of the different types of ‘stock footage’ – that which is high quality, highly stylised and offered ‘exclusively’ would be worth more via Getty Images than say something more mundane and offered through those growing numbers of ‘Royalty Free’ sites.
I further understand the issues related to talent and property release agreements and how this further refines what can be offered for sale.
I am trying to make sense of all this becuse I have looked at my extensive PAL library of Broadcast-Standard SD images and believe that I certainly have images which could be put up for sale. As a freelance videographer with a mainstream TV background, I have much ‘generic’ footage, well shot and tripoded with good BG sound, across a range of industry and commerce subjects. I believe a lot of my stuff would be useful in many ways, not only for traditional TV use, but also by those who may want some footage to spice up a Powerpoint presentation or other digital presentations, including web-video (this is where I personally see the greatest potential).
I have researched and understand that material most sought after is that with a ‘generic’ look; ie – a short grab of pipeworks in an industrial setting might be helpfull for a number of different uses in, say, ‘heavy industry’ videos/presentations, as might a blood-red sunset in the Outback of Australia or a night shot of a generic oil rig be helpful to illustrate ‘climate change’, as a further example.
The questions are:
What is the experience of forum contributors?
Notwithstanding the issues raised above, has anyone making a sustainable income from stock footage (by ‘sustainable’, I don’t necessarily mean thousands of dollars a month – but I don’t mean tens of dollars either). I’d be happy with a modest, regular income – if it works at all. What is ‘modest’? …. well, I don’t want to spend hours on it for ‘peanuts’.
It further seems to me that the ‘royalty free’ sites take the biggest cut (why am I not surprised?) – and the contributor gets very little?
Has anyone had any good/bad experiences with these stock footage website ‘middlemen’ and their pricing structures? Can anyone recommend a good one through personal experience?
What would be the best ‘clip’ length; would I hang, say, 10-15 secs of each sub-set shot within a genre (ie: ship#1 (stand alone), ship#2 (ditto), ship#3 (ditto) — or would it be better to offer a ‘medley’ of shots as one long ‘complete’ video (ship#1,2 and 3 as one 45 second piece)? And do I offer my videos to just one Royalty Free site – or a number of them?
Has anyone set up their own stock website (as a web-designer I understand metatags and other issues about ‘Google find’) but could this be more effective in the longer term?
There are hundreds of further questions one could list – but they’re all summed up by asking: Selling stock footage – is it really worth it or not?
Any comments would be appreciated.