When I was learning about web design, I would commonly come across tips about choosing good stock photos–the (often generic) images that you commonly come across on nearly every website you visit, magazine you read, advertisements you see, etc. I couldn’t help but wonder if this would be a nice side hustle since I have a mid-level DSLR (Canon Rebel T series). BTW, stock image sites also offer different types of media other than photos, like illustrations/vector images, video, and audio. I’m just covering photography in this post. I’ll cover some of the others in the future.

Before I get into how much you can make, it’s probably best to go use cases for stock images. If you are familiar with the content that is sold on stock image sites, then go ahead and skip to the next section.

Primary Types of Usage

  • Public Domain: Free (non-exclusive) commercial or personal use without a license
  • Royalty-Free: Copyright license for use without restrictions after paying a one-time fee and/or agreeing to certain use-terms.
  • Rights-Managed: Copyright license for a specific, one-time use. Additional licenses can be obtained for multiple applications, but still may come with the right for exclusive use.
  • Creative License: Used for promotional cases.
  • Editorial License: Used for anything non-commercial like a blog or presentation.

Summary of Requirements and Compensation of Images by Company

I created a table to summarize compensation rates/amounts by company and whether they allow you to submit images that were taken by your phone. A lot of these sites require that you meet a minimum sales balance before you can withdraw your earnings, so I included that information too. Lastly, many of the sites will not directly deposit your earnings into your bank account. I think that’s useful information to know so I added a column for that as well.

paymenttable

Detailed Discussion of Requirements and Compensation by Company

Both are owned by the same company but Getty Images is much more strict about the photos they accept. Accordingly, the payment you can receive from Getty Images is higher than what you can receive from iStock, especially because Getty charges the buyer more for their purchases ($150+).

istock

getty

Although you earn a higher percentage through sales from exclusive contributions (photos that you sell to exclusively to Getty or one of its accepted subsidies and no other stock photo site), the royalty rate you receive is ultimately determined by the number of times your content is downloaded/purchased and whether the purchaser has a subscription. This is calculated on a monthly bases.

Getty images has a reputation for having high quality images though, so their standards, and therefore their rejection rates, are also high. You’ll need a high-end DSLR to consider submitting, which means it’s not even an option for me. It’s definitely a great place to aim for maybe sometime in the future.

iStock on the otherhand, is mostly a microstock service–selling royalty free images–so they charge the buyer less for their purchased content. Their photos sell for around $12 each, which means you’ll earn less than $2 per download for non-exclusive content–and that’s only if the buyer did not have a subscription. If the download is from a subscription customer, you’ll earn between $0.20-$0.50 per download.

Both sites require that your images are in JPEG format and no larger than 3GB. I am not sure if they accept photos taken by a mobile phone or if you have to submit photos produced by a full-frame DSLR. The website does say that your compensation partly depends on file size.

One other thing you should know is that you have to pass a quiz in order to submit your work to iStock and Getty. It seems pretty simple though (see quiz discussed in another blog). Also, you have to apply to submit photos to Getty and iStock. It takes about 30 business days. If you’re accepted, then you can submit your content (see Application FAQs section).

Shutterstock

They have four earnings tiers, which depends on your Lifetime Earnings–the amount of money you have earned as a contributor with Shutterstock to date. That means that the amount you earn increases as more of your content is downloaded over time.

shutterstock
via https://submit.shutterstock.com/payouts

You can also make money through referrals. If the referral is approved, you earn $0.04 every time one of their images are downloaded, for the first two years after they were approved. If your referral gets a video approved, you get 10% of the sale price that was paid by the buyer, each time the clip is downloaded. If you refer a customer, you earn 20% of their first payment, up to $200.

Although their payment is generally low, searching around, it seems like Shutterstock is the favorite among photographers because they tend to earn the most there (e.g., Jarmo Pironen; Daniele Carrer; Steven Heap). It also seems like they have a nice user interface for contributors, which helps you to track your performance which in turn helps you to tag and market your photos accordingly.

earnings
Example screenshot of Shutterstock’s dashboard, thanks to PetaPixel

Before you dive in though, you should note that you need to have a 70% success rate the first time you upload images–that means that if you submit 10 photos, 7 of them must be accepted or else you’re turned down. Images must be at least 4.8 megapixels (2000 x 2400) and in JPEG or TIFF format. If you’re not approved, then you have to wait 30 days before you can try again.

Alamy

offers 50% of all direct sales for exclusive content. Non-exclusive content is 40% of direct sales. There’s also an option to opt into their global network for 30% of the sale. They also note that your total cleared balance–meaning they’ve been paid by the customer (45 days to 3 months)–must be over $50 before they begin paying you at the start of each month.

Alamy doesn’t (directly) accept content taken with a mobile phone. They instruct you to download an app called Stockimo instead and they only mention iPhone, so I am not sure if that means Stockimo only accepts iPhone photos… The minimum payment threshold on the app is $10. The Stockimo app pays 20%, if you signed up after 2014.

They definitely emphasize that they want images from DSLR. Digging around on their website, they want one with a sensor that is 17.3 x 13mm, which means that you don’t have to have a full frame camera. They also provide examples of what is acceptable and what is not, which I think is helpful.

I can’t find very many people who have written about their experience with Alamy. They’ve really managed to dominate the first couple of pages of my Google search results with their internal forum, which is mostly positive of course. I found one external review, by Marolook, that made me feel kind of nervous about submitting content to them, but this post by John and Maria seems positive. Share your experience in a comment if you have worked with Alamy please!

Fotolia and Adobe Stock

Fotolia has closed. All images must be submitted to Adobe Stock. With Adobe Stock, you earn a 33% commission for photos and vector art and 35% for videoes. You have to have a Paypal or Skrill account for payment and your account must reach at least $25 in royalties before you’re paid. You get directed to the same site when you click the Also, it seems like you don’t have to subscribe to any of their products or have a Creative Cloud membership to submit, but it’s probably convenient to do all of your editing in one place and just submit from there. Someone please correct me if I’m wrong. Also, according to this review, Adobe allows you to edit your keywords, title, and information even after you submit. They also seem to indicate that Adobe has good customer service and a quick turn-around time for getting back to you about your submission, although they may be more rigid when it comes to judging the quality of your content.

It seems like you need to make sure all your paperwork is up to date though. If you haven’t submitted your tax documents, apparently they’ll withhold $0.07. That’s small in an absolute sense but imagine if your boss withheld 28% of your paycheck!

Dreamstime

They offer 60% for exclusive content plus upload bonuses, while non-exclusive content is worth 25%-50% of net sales. You can’t get any more information than that unless you sign up. I distrust sites like that so I didn’t do this. If you know more, please share in a comment. According to this site, you can’t withdraw until your account balance exceeds $100, which seems pretty steep to me.

123rf

You can earn between 30%-60% from each license that is sold (see table below for more details). Your payment depends on contributor level, according to this site. You want more than 1000 photos accepted to earn more. You have to reach a minimum balance of $50 before you are paid. If you don’ have a PayPal or Skrill account for payment. Payments are distributed automatically between the 13th and 17th of the month.

contribs

Their content is non-exclusive so you can upload your photos to other sites that are also non-exclusive. When you apply to be a contributor, you have to submit 10 sample images with keywords for review. You should know if you’re accepted in about a week. Photos should contain a minimum of 6 million pixels and JPEG format with no more than a 80% quality compression. From what I can gather, it seems like they accept pictures that have been taken with your mobile phone.

Stocksy United

They’re an exclusive site that takes a co-op approach to compensation, offering a 50-75% commission. They accept high resolution digital files in addition to film scans, Polaroid scans, and mobile images. The website states that photos must be in JPEG format and a minimum of 6 megapixels (approx. 3000 x 2000). The website doesn’t explicitly say how often they pay and if there’s a minimum amount you have to reach before you can collect your earnings.

Their standards seem pretty high but they will work with you by providing constructive feedback, so you have to have thick skin if you are considering contributing (see example here; another example). Generally, photographers’ reviews seem positive (another review)

500px

They only accept high resolution images (JPEG files with a minimum of 3MP file size)–this link by the way is really helpful in explaining what they are looking for and provides examples. They also provide feedback on why your content was rejected and encourage you to resubmit.

They accept exclusive and non-exclusive content. Exclusive licensing is worth 60% of net sales while non-exclusive content is 30% net of any non-exclusive license purchased. Sales take about 45 days to process and you can receive payments through your bank account in addition to PayPal. They have other options too but it may result in a fee.

There’s been some recent changes in their Creative Commons licensing though so I’m a bit confused as to how much of the above information applies. They closed the 500px Marketplace after merging with Getty Images but they’re still paying their royalty rates. You can read more about here.

Concluding remarks

There’s one important requirement that applies to all of the sites that I haven’t covered yet: Release forms. The most important requirement to know ahead of time is that you have to submit a model release form if your photos have (recognizable) people in them. You also need a property release form if the photo was taken on private property. I’m not an expert in this so I recommend researching this on your own. I think this site is a pretty good place to start learning about all of these various release forms. I think the safest bet is to always get your model to sign a release form. There are apps like Model Releaser that make it pretty convenient to collect these signatures, although I haven’t used it yet, so I don’t know how comprehensive it is. They mention that there are in-app charges, so they probably limit things like how many forms you can save and/or what type of release form is available for free.

All in all, you probably won’t make a ton of money from these sites, unless you’re a fantastic photographer who knows how to market yourself extraordinarily well. With that said, if you have a cell phone and have taken some photos, why not go back through them and see if you can sell them for (maybe) some extra cash? Personally, I’ll probably start with Shutterstock since they document their requirements really well. I’ll share details about my attempt(s) in a future post.

Side Hustles — Adulting (mis)Adventures

Side hustles. It’s mentioned a lot in the media, but how realistic is it to take on a side hustle? Not to mention, if you look up side hustles on Google, it seems like it’s an easy way to get exploited or scammed (see screen capture of the first page of my Google search below). At best, it’s a good way for web businesses to profit through click bait–note: maybe I should start a website about side hustles as a side hustle? I’m going to briefly cover some of the most common side hustle suggestions and my initial impressions after doing some preliminary research. I’ll narrow down which ideas seem the most attractive/realistic for me and then do a deeper dive in future posts.

SideHustleSearch20191105

After sifting through some of these websites, here are common ideas for side hustles:

  • Driving for Uber or Lyft or delivery for companies like Amazon, Uber Eats, Door Dash, or Postmates
  • Answering surveys (e.g., Mturk; Survey Junkie)
  • Being a virtual assistant
  • Blogging; Affiliated marketing; Email marketing
  • Teaching English or tutoring; Teach/Sell on online course or make video tutorials on YouTube
  • Renting out a spare room on Airbnb
  • Freelancing on sites like Fiverr or TaskRabbit
  • Get a part-time job
  • Write an eBook
  • Sell things on sites like Etsy, Ebay, Amazon, or Craigslist

Delivery & Driving: I hate driving and admittedly, I’m not great at it either. So the less I drive, the better, for everyone’s sake. Anecdotaly, I’m pretty sure it’s possible to make a decent amount of money by driving for one of these services though. A close friend of mine does food delivery, full-time, and they love that they can control their hours and they have no problems paying their bills each month. I, on the other hand, would need to factor in the potential cost of higher than average car damage and a therapist to help me get through my rage fits in traffic. If it’s something you’re interested in, I recommend reviewing recent reports on the average earnings of drivers in your area. Business Insider, for example, just published a recent article summarizing a JP Morgan report about the average earnings of drivers in cities where Uber and Lyft drivers make the most (click the image to go to the article):

BIrev

Delivering for companies like Amazon (through Amazon Flex) pay a flat rate of $18-25 per hour, which can make the compensation more consistent than food delivery.

Surveys: I’m pretty skeptical of the ability to make money from these survey apps. For example, compensation on Mturk is really low:

mturk
Screen capture of postings on Mturk

Most of the surveys pay less (way) than $0.50 but they can take anywhere from 5-10 min to over an hour. If you calculate the amount of time it takes you on average to finish these surveys, you will often make much much less than the minimum wage. Plus, some of the surveys seem sketchy to me. On Mturk, sometimes you get directed to unsecure sites or the surveyor wants you to download an app on your computer or phone or both. Personally, I just don’t trust those types of surveys, so that really narrows my options.

As for options like Survey Junkie, it’s based on a point system. It’s a lot like Mturk in that you have to consistently answer surveys in order to become eligible for better paying surveys. The amount of time you spend can also vary considerably for the same amount of points–e.g., 40 points for a 5 minute survey vs. 40 points for a 20 minute survey. One hundred points is equivalent to $1. You need a minimum of 1,000 points to cash out, which generally takes about 2 months. If you’re interested in learning more, read this article. The article also provides a list of other survey sites/apps as well. If you have any personal experience with these sites/apps and are willing to share, comment below please!

Virtual Assistant (VA): I know very little about being a Virtual Assistant. Reading through some people’s experiences on Reddit, it seems difficult to juggle with a full-time job. It also seems like you have to be very well-organized and able to quickly shift tasks (example; example2). If this is something you’re interested in, you can search for virtual assistant jobs on sites like remote.co, upwork.com, and flexjobs.com.

Blogging and Affiliated marketing: Apparently, there are people out there that make money blogging. I can’t find any solid data on earned income from blogging. It seems like a vast majority make $0 to less than $100 a month from their blog (e.g., digitalnomadwannabe survey results; blogtyrant; lifehacker 2014). Although I would be ecstatic if my blogging resulted in positive cash flow, I wouldn’t necessarily recommend blogging to everyone. High quality blogs take a lot of time and effort. Additionally, the only way you’re every going to make money from it is by marketing it. You can’t make money from a blog that isn’t visible. That’s a lot of work too. With that said, I’m not completely ruling this out as a legitimate side hustle. If I somehow manage to generate income from my blog, I will absolutely share the details. I’ll probably start by researching this very detailed site about making money by blogging on WordPress. The thing that sticks out to me is the option for affiliated marketing. Sometimes this costs money and oftentimes you have to have a certain level of readership before it’s even an option. The process is very similar for email marketing, but every option I have ever seen costs money to pay for a service where you can manage your marketing campaigns (e.g., Mailchimp). In researching both affiliated marketing and email marketing, it seems like you should already have a product or service you’re trying to sell. Ideally, I would prefer to promote a product of my choice on my site (or newsletter if I had one), but of course it doesn’t work that way. There’s still a lot of potential here though and definitely something I plan on looking into. If you’re making money through your blog or have in the past, please respond in a comment!

Tutoring: I’ve head a lot about tutoring sites but there are so many out there. How do you know which ones are legit? Some of websites aren’t even fully functional, like telelanguage, or look so generic to be real like gofluent. It’s probably best to go with a reputable company for something like this, like Chegg, Magoosh, Tutorme, and skooli. I’m less sure about sites like Englishfromatoz, qkids, and landiEnglish. Some of these sites require that you have at least a Bachelor’s degree and some have a very low acceptance rate. Tutorme, for example, has less than 4% acceptance rate. In general, it seems like compensation is between $10 and $20.

Online Instructional Videos: Selling an online course seems like it has potentially high returns if you do it right, although like blogging data, I question how representative the data are for this. According to this site, you can make between $1,000 to $5,000 a month from your online course. It seems pretty time-consuming though and you have to have a skill that you can teach. You also have to market your class. The one real drawback for me is that you should probably be pretty comfortable being filmed, which I am not. Here are some tips on monetizing an online course. It’s also probably a good idea to aim for the most successful platforms (see Owler for a list of ranks and revenue by company).

Airbnb: Airbnb isn’t an option right now because I don’t have an extra room to rent out. I do have experience with listing a spare room on Airbnb though. I really enjoyed it! It’s fun meeting new people while earning some extra cash–we were ultimately net positive after Airbnb fees, cleaning expenses, and electricity. If you’re interested in this option, I recommend checking Airbnb listings in (or very close) to your neighborhood to get an idea of how much you can charge. Make sure that the listing is/would be very similar to yours. For example, do they have a private bathroom; do they have a private entryway; is there parking; do they have air conditioning; is there access to extras like a pool or fitness center; how close are they to restaurants, bars, coffee shops, public transportation, and grocery stores. Also, change the dates to see how many nights a month their room is typically booked to get an idea of how much you can make. Remember to account for fees that Airbnb charges and local taxes. Some cities also require that you register with the local/state government, which may or may not come with an additional fee.

Freelancing: After browsing through fiverr and freelancer, I’m not sure if I have a skill set that I could easily sell as a side hustle on one of these sites. The writing section looks like an option I could probably sell services for but some people are offering prices as low as $5, which definitely makes me wonder if it’s worth it. I’m also worried about the subjectivity of someone’s assessment of a product like writing and how this could affect the way I’m rated. Additionally, even if I could do something like build a website (a skill I’m trying to learn btw), how can you ensure that you deliver a product that the client is happy with? For example, what if they don’t quite know how to communicate what they’re looking for and then that misunderstanding results in something they don’t want? This option makes me nervous but I wouldn’t completely rule it out as an option. I’ve definitely been entertaining the idea of selling stock images and learning web design so I can try to build website templates.

Part-time job: It would depend on the job. I don’t hate the idea of working at a cafe or something like a plant nursery, but this is definitely the least flexible option. Unless I’m able to find a part-time job that is fully remote with flexible hours, I can easily rule this out as an option.

eBook: An ebook seems like a better option than creating an online class or freelancing because it’s less limited to certain technical skills. However, I’m sure some topics sell better than others and there may be a steeper price to this option than the others since you may need to pay to self-publish. I’d probably start with blogging first since it comes with a lower cost and requires a lot of the same skills, including identifying your audience and marketing to them, in addition to skillful writing.

Selling things: Personally, I don’t have things lying around my house that I can easily sell on Craigslist or Ebay. If I do have something to sell, it’s probably something I’m going to sell for a lot less money than what I purchased it for. So if anything, selling on sites like Craigslist or Ebay is about recuperating costs rather than earning additional income, especially because I’m also not very motivated to find things that I can purchase for cheap and resale–which is also sometimes referred to as drop shipping if you’re selling your product on sites like Amazon. There’s also the option of trying to sell something that you made on sites like Etsy, which is actually kind of complicated with their fees, sales taxes, and shipping costs. This is something I’ll write about sometime in the future because I have a product sitting in my closet that I haven’t listed on Etsy because trying to figure all of that stuff out made me want to repeatedly hit my head against my desk.

Conclusion: So that realistically leaves me with the following options: Survey apps, Freelancing, and Blogging/affiliated marketing. I’m putting online courses, tutoring, and ebooks on the back burner for now, but I haven’t completely ruled them out.