I have been doing a little bit of Microstock here and there for a few years but never really applied any analytics to it. Four months ago, I set out with the goal of tracking my progress and quadrupling my Microstock income purely by spending four hours a week in the first month, two hours a week in the second month, and one hour per week in the third and fourth month on it. My first four hours were spent on researching various Microstock sites, creating new accounts and developing a spreadsheet to track my progress. The second four hours were spent tagging all the images with Metadata and uploading them. There is a nifty tool called ProStockMaster that allows you to submit to all the major Microstock sites at once.
During my preparation for the “Taste of Russia” Festival, I started looking into creative ways of displaying my portfolio. I decided that using a self-publishing company would be a great way of testing their services for when I decide to publish a book in the future. I would be killing two birds with one stone.
Art is often perceived, and sometimes defined, as handmade work that is valuable independently of its objective features and is the fruit of pure talent and inspiration independent from monetary and contractual incentives. This emphasis on the invaluable is even more pronounced for religious paintings by old masters as Titian, Veronese, or Caravaggio. At the same time, the pricing of a unique art object is often perceived as highly subjective and largely dependent on the tastes, wealth and prestige of buyers, with little regard for factors affecting demand and supply.