04 Nov 2008 Is Microstock Becoming More Accepted in the Stock Photo Industry?
A few conversations I had last week at PhotoPlus Expo indicated a shift in how the microstock business model is viewed by those on the traditional sector of the market. It’s not that the traditional market is happy about microstock, but acceptance is rising and there’s more interest in understanding how to succeed in microstock.
This video shows some short interviews I filmed last week with Andres Rodriguez, Steve Kapsinow of StockXpert, Serban Enache, Yuri Arcurs, and Steve Pigeon of Masterfile. You can see that in some interviews I prompted this specific topic but in others it arose naturally.
Notice Serban’s comment directly after meeting with traditional agencies at the PACA Conference about his expectations for traditional collections being involved in the microstock space and the implications for Dreamstime.
What’s your view? Is the increasing interest in microstock from the traditional sector of the market an admission of defeat or a realization of opportunity? Can we expect to see a wave of traditional stock photographers dominating the microstock market? Will we see microstock photographers complaining about these highly skilled and well equipped traditional shooters destroying the microstock market?