Wednesday, August 4, 2010

Payment

I've been doing research into the paying aspect. Part of my marketing is going to be about having low prices, but paying photographers well. It'll have to be a nice balance. Most websites seem to pay photographers around $.33/image downloaded, which was equating to around 20%. Then users purchasing the images were paying anywhere from $4.10-$10/image. I think I'll be "charging" $2.00/image, and paying photographers $.40/image. Subscriptions will be offered at a rate of $20/15 images, and $50/50 images.

A SSL for one website is $400/year (or $33/month), hosting with payment processing will cost around $110/month (via Amazon, which is based on usage, that quote would be for a website just starting out). This means I'd have to sell 90 individual images (at $2.00/image) per month to break even.

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