Pricing Question - Single Photo rights

Discussion in 'General Shop Talk' started by davidhayes, Dec 14, 2009.

  1. davidhayes

    davidhayes TPF Noob!

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    Hi,
    I've been approached by a large international company asking to use this photo Halo on Flickr - Photo Sharing!.
    It would be used in magazine advertising, in-store, and in electronic media.
    I have absolutely no idea what to ask for the photo?
    Any advice would be fantastic.
    Thanks
    Dave
     
  2. Nikkor

    Nikkor TPF Noob!

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    Ask THEM what they're willing to offer you. That picture is effing pimp. Seriously. Well done. You'd better get a crap ton of cash for that.
     
  3. KmH

    KmH Helping photographers learn to fish Supporting Member

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    For how long? a year? 2 ,5? Exclusive or non-exclusive?

    You sell them a use license. For as many international uses as you have listed I'd say somewhere in the 5 figure range per year. If they want exclusive use, mid 5 figure range.

    Visit www.asmp.org "Business resources" > "Pricing Guides" and www.cradoc.com fotoQuote Pro software.

    What does the contract look like? I strongly recommend getting an attorney involved.
     
  4. davidhayes

    davidhayes TPF Noob!

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    Well, I got a little more info and they want a exclusive use for a year and they had $1000 in mind, I'm not looking to rip anybody off but I'd just like to know I'm getting a fair price for the image (I'd hate to feel I was being taken advantage of)
    Any thoughts? I have half a mind to just take it but on the other hand it seems foolish to accept the first offer
     
  5. manaheim

    manaheim Jedi Bunnywabbit Staff Member Supporting Member

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    $1,000 for exclusive for a year sounds pretty cheap to me, especially for that kind of usage, but I really have NO idea so I wouldn't take my word on it. That's very exciting, though. Congrats! (and yes, very cool pic)
     
  6. joeywpc

    joeywpc TPF Noob!

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    I would be inclined to ask for a bit more but I can't see $50,000 being possible as suggested by KmH. If you play your cards right this could be the start of a great career, making a name for yourself with a big brand company, if you get greedy they might just say see ya later and you'll be no better off than now. i would see this first photo as an investment in your reputation rather than trying to retire off it. If you make $1000 or $2000 for the photo and get attorney involved, they would cost way more than you make. Welcome to business, AKA the balancing act game.
     
  7. davidhayes

    davidhayes TPF Noob!

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    Thanks for all the advice so far, I'm not a pro photographer by any stretch although it's a hobby I enjoy so I have wondered whether any of the photos I have were worth anything. The day I took this particular photo was probably the most beautiful thing I have ever seen, I wish I'd had a decent camera with me to really do it justice.
    On one hand it's really flattering to be appraoched and offered money for a picture I took, on the other I don't want to feel like they think they can rip me off because they found the picture on Flickr, it's tricky...
     
  8. KmH

    KmH Helping photographers learn to fish Supporting Member

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    It's not just USA, it's International Worldwide Usage and they want EXCLUSIVE USE, which is huge, and they want it for a multitude of uses.

    Usage, and geographical area are what drive a license fee.

    But, that's why an international company is crusing Flickr, so they can buy cheap.

    To an amateur, $1000 for a years use is a lot. To a professional commercial photographer it's not.

    The bottom line David? If it works for you go for it.

    Make sure the contract leaves you the copyright owner.

    Google...."Commercial photography" visit www.ASMP.org . Visit www.johnharrington.com and look at his pricing.

    A single coprporate portrait for web use by a US company costs $400 a year, no advertising usage of any kind, no in-store promotions, no magazine advertising.
     
    Last edited: Dec 16, 2009
  9. RPetterson

    RPetterson TPF Noob!

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    wow I don't have anwer for theat question... but just wanted to say that is an awesome picture
     
  10. nsupanda

    nsupanda TPF Noob!

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    I was being nosey because they keep saying what an awesome picture it is and I can't look at it... :grumpy:

    It says I do not have permission to view this photo.
     
  11. malenurse

    malenurse TPF Noob!

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    Don't have permission to view it either :( congrats though!
     
  12. viventi

    viventi TPF Noob!

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    so what's the verdict on this? congrats if you sold it!
     

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