You can make a lot of extra revenue from photography if you think outside of the traditional box.
Here are a few ways that you can make additional revenue whether we are in a recession or a great economy. Think outside the box, friend. You’ve got this!
Say Hello in the Mail!
One way you can make extra photography revenue is simply visiting your old jobs. Think of all the mail that you get from day to day. It's a lot of junk mail, political mailers, bills, and solicitations from credit card companies. Now, imagine a kind, handwritten card from someone you know! It's the photographer you hired for your baby photos or wedding. Not only did they simply say hello, but they also send a favorite print of theirs. It's a gift, a kind note, and a pleasant surprise!
"Out of sight, out of mind" no more! The likelihood of them needing photos for something or knowing someone who does is higher than you might imagine.
Here's another great way to make additional revenue. The real estate market is always an interesting place. Think of the high home prices, the big commission checks, and how much money flows through that market.
Then, imagine a real estate agent trying to quickly unload a $750K home. They would need to make sure the home looks incredible by staging it. For a home that's modern, they'll need modern photography. For a home that looks over a beautiful lake, they may want photography of landscapes.
Imagine the real estate agent or staging company looking at all of the work. They have to frame it, source it, and make sure that is has copyright clearance for their social media posts. It's a big pain!
Now, imagine offering a catalog of images they can order. You'll have an initial investment of frame, but you can always change the photographs out. Would they need 20 portraits hung throughout the home? You can lease them for $25 each, per month. That's about $500 per month as a leasing fee, and you get the photographs back to use for another location!
As the photography landscape changes, we must also look for ways to adapt. Watch the video to see all five methods that I recommend. Whichever tactic you opt for, make sure that you look for ways to diversify and look for multiple income streams.