How To Make Money On Shutterstock in 2024 (For Beginners)

Mike Vestil
19 Jun 202109:01

TLDRIn this informative video, Mike Vasile shares insightful strategies on how to generate income through Shutterstock, emphasizing the potential for complete beginners to earn between $100 to $700 daily with no prior experience. Highlighting his own success in netting $57,000 in 30 days, Mike explains the significance of catering to business owners' needs for stock footage, photos, and videos for marketing, products, and services. He introduces the concept of the 'shot list' on Shutterstock as a guide to creating content that meets market demand. Additionally, Mike discusses leveraging keywords for visibility and suggests participating in Shutterstock's affiliate program as a lucrative alternative to direct sales, offering a path to significant earnings by referring new customers.

Takeaways

  • πŸš€ Making money on Shutterstock involves selling stock footage, videos, and photography to business owners for marketing purposes.
  • πŸ“ˆ Success stories include a 62-year-old woman who made $160,000 profit in 90 days through online ventures, illustrating the potential for significant earnings.
  • πŸ’¬ Understanding the 'making money online ecosystem' is crucial, with examples of businesses netting significant profits in short periods.
  • πŸ“· Contributors to Shutterstock can earn by providing highly requested content, guided by Shutterstock's monthly 'shot list' which outlines in-demand content.
  • πŸ”₯ Popular content categories include education, local businesses, home security, and weddings, highlighting diverse opportunities for photographers.
  • πŸ“ Focusing creativity on specific, requested shots increases chances of sales, as business owners are looking for particular themes for their projects.
  • πŸ“Œ Keywords play a significant role in Shutterstock earnings, as they help align photo offerings with what business owners are searching for.
  • πŸ›« Diversifying income through Shutterstock's affiliate program offers an alternative revenue stream, paying up to $300 per new customer referred.
  • πŸ’» Blogging about 'where to find quality stock photos' and referring readers to Shutterstock can be a lucrative strategy tied to the affiliate program.
  • πŸš€ The competitive nature of selling on Shutterstock is acknowledged, with a call to action for those interested in exploring more lucrative or less competitive online money-making strategies.

Q & A

  • What is the primary topic of the video?

    -The primary topic of the video is how to make money on Shutterstock for complete beginners, with no experience necessary.

  • Who is the presenter of the video?

    -The presenter of the video is Mike Vasil.

  • What is a significant achievement mentioned of a 62-year-old woman related to making money online?

    -A significant achievement mentioned is a 62-year-old woman going from zero to 160,000 dollars in profit within 90 days.

  • Why do business owners use Shutterstock?

    -Business owners use Shutterstock to find stock footage, videos, and photography for marketing their products, services, websites, and blog articles due to lack of time or resources to create their own images.

  • Can you name a successful Shutterstock contributor mentioned in the video?

    -A successful Shutterstock contributor mentioned is someone from microsoftguru.com, who has made over 42,000 dollars selling photos on Shutterstock.

  • What is the 'shot list' on Shutterstock?

    -The 'shot list' on Shutterstock is a monthly guide to the most requested content by business owners, providing a focus for creators on what images or footage to create and sell.

  • How important are keywords in making money on Shutterstock?

    -Keywords are crucial for making money on Shutterstock as they help your content be discovered by business owners searching for specific types of images or footage for their needs.

  • What is the potential passive income one could aim for initially on Shutterstock?

    -One could aim for an initial passive income of up to 200 dollars a day on Shutterstock by focusing on creating and selling photos based on in-demand content and proper keyword usage.

  • What is the affiliate program on Shutterstock?

    -The affiliate program on Shutterstock allows individuals to earn up to 300 dollars per new customer by recommending people to Shutterstock, without needing to sell photos directly.

  • How did the presenter Mike Vasil relate his own success to the potential of making money online?

    -Mike Vasil shared his success of netting about 57,000 dollars in 30 days and scaling a new business from 7 dollars a day to over 300 dollars a day as evidence of the potential to make money online without having one's own product.

Outlines

00:00

πŸ“Έ Making Money on Shutterstock for Beginners

This paragraph outlines a comprehensive guide for beginners to make money on Shutterstock, a popular stock photography and video platform. The narrator, Mike, introduces the topic by emphasizing the potential to earn significant income on Shutterstock, even for complete beginners. He discusses the basics of the online money-making ecosystem, highlighting how business owners need stock content for marketing. Mike shares his own business success, citing earnings to establish credibility. He then introduces a key strategy: understanding what Shutterstock's buyers are actively seeking, such as specific themes or types of content, and tailoring one's creative efforts accordingly. Examples include educational content, wedding photos, and home security images. He stresses the importance of aligning one's work with these demands to increase the likelihood of sales and earnings.

05:01

πŸš€ Advanced Strategies to Increase Earnings on Shutterstock

In this section, Mike dives deeper into strategies for maximizing earnings on Shutterstock. He explains that beyond just selling photos, photographers can significantly increase their income by focusing on what clients are actively searching for, like wedding dresses, and using effective keywords. Mike then introduces the concept of leveraging Shutterstock's affiliate program, which allows individuals to earn commissions by referring new customers. He provides an example of creating blog content that directs readers to Shutterstock, potentially earning $300 per referred customer. He shares his own success story, highlighting a substantial income generated from various online endeavors without owning a product or service. The narrative concludes by encouraging viewers to explore these strategies and attend a free workshop for more insights, illustrating that success is attainable even for those without prior experience or exceptional skills.

Mindmap

Keywords

πŸ’‘Shutterstock

Shutterstock is an online platform where photographers, videographers, and artists can upload their work for others to purchase and use. In the video, Shutterstock is highlighted as a lucrative channel for creators to make money by selling their photos and videos to business owners who need stock footage for marketing products, websites, or articles. The platform serves as a bridge between content creators and businesses seeking high-quality images and videos for commercial use.

πŸ’‘Passive Income

Passive income refers to earnings derived from ventures in which an individual is not actively involved. The video discusses how selling photos on Shutterstock can generate passive income for creators. By uploading content once, creators can earn money repeatedly whenever their images or videos are purchased, without the need to actively manage or update their Shutterstock portfolio constantly.

πŸ’‘Keyword Optimization

Keyword optimization is the practice of using relevant and specific keywords in content metadata to improve its visibility in search results. The video emphasizes the importance of keyword optimization for Shutterstock contributors, suggesting that well-chosen keywords can increase the chances of their work being found and purchased by business owners searching for specific types of images or videos.

πŸ’‘Affiliate Marketing

Affiliate marketing is a performance-based marketing strategy where individuals earn commissions for promoting a company's products or services and driving sales through referral links. The video introduces Shutterstock's affiliate program as a secondary strategy for making money, where individuals can earn up to $300 per new customer they refer to Shutterstock without needing to sell their own photos.

πŸ’‘Stock Footage

Stock footage refers to photographs, videos, or any other form of visual content that can be licensed for use by others. The video outlines how businesses frequently search for stock footage on platforms like Shutterstock to find content for their marketing needs, highlighting the demand for high-quality, relevant visual content across various industries.

πŸ’‘Content Demand

Content demand in the context of Shutterstock refers to the specific types of images or videos that are currently in high demand by businesses for use in their projects. The video details how Shutterstock publishes a 'shot list' that indicates what content is most requested by buyers, advising creators to tailor their work to these demands to increase their sales opportunities.

πŸ’‘Ecosystem

The term 'ecosystem' in the video refers to the interconnected network of content creators, platforms like Shutterstock, and business owners. This ecosystem facilitates the exchange of stock footage for use in various commercial applications, demonstrating the symbiotic relationships between creators who supply content and businesses that require it for their marketing efforts.

πŸ’‘Royalties

Royalties are payments made to creators for the use of their work. In the context of Shutterstock, the video explains how creators earn royalties each time their content is purchased. This revenue model allows photographers and videographers to continuously profit from their work long after it has been uploaded to the platform.

πŸ’‘Business Owners

Business owners in the video are depicted as the primary customers for Shutterstock content, seeking stock footage to enhance their marketing materials, websites, or product offerings. The narrative emphasizes the importance of understanding what business owners are looking for in stock content to successfully sell photos and videos on the platform.

πŸ’‘Making Money Online

Making money online is a central theme of the video, showcasing Shutterstock as a viable platform for generating income through the internet. The video provides a guide for complete beginners on how to start making money online by selling stock footage on Shutterstock, highlighting the potential to earn between $100 to $700 a day with no prior experience.

Highlights

Mike Vasil introduces a guide on making money on Shutterstock for beginners, with potential earnings of $100 to $700 a day without prior experience.

Highlights the success of a 62-year-old woman who made a profit of $160,000 in 90 days through an online workshop.

Explains the online money-making ecosystem and how business owners use Shutterstock for marketing materials.

Shares personal success of netting $57,000 in 30 days and scaling from $7 to $1,000 a day in revenue through online businesses.

Discusses the demand for stock footage and photography on Shutterstock by business owners for various projects.

Mentions an example of a user, 'microsoftguru.com', making over $42,000 by selling photos on Shutterstock.

Advises on focusing creativity on Shutterstock's most requested content to increase earnings.

Details on using Shutterstock's shot list for insights into high-demand content, such as back-to-school themes and diverse weddings.

Emphasizes the importance of keywords in maximizing sales potential on Shutterstock.

Introduces the concept of making more money by recommending Shutterstock through its affiliate program, with earnings up to $300 per customer.

Shares a personal anecdote about searching for solutions on Google to highlight the power of keyword use in Shutterstock.

Suggests creating content or articles that direct potential Shutterstock customers, leveraging search engine traffic for affiliate earnings.

Reflects on personal journey from studying to become a dentist to succeeding in online entrepreneurship.

Encourages viewers by stating that if someone with no special skills or intelligence can succeed online, anyone can.

Promotes a free workshop for fast and easy online money-making strategies, mentioning a case study of significant profit in 90 days.

Invites viewers to explore a podcast featuring interviews with successful entrepreneurs and millionaires living in Bali.

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