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

Mike Vestil
19 Jun 202109:01

TLDRIn this insightful video, Mike Vasil introduces viewers to the lucrative opportunity of making money on Shutterstock, even for complete beginners. He shares his experience of earning significant income from online businesses and explains how Shutterstock operates as a marketplace where business owners seek stock footage and photography for marketing. Mike reveals a step-by-step guide on how beginners can start earning $100 to $700 a day by understanding market demands and optimizing keywords. Additionally, he introduces the concept of earning through Shutterstock's affiliate program, potentially earning up to $300 per customer. Mike emphasizes that success is attainable for anyone willing to learn and apply these strategies, showcasing the potential of passive income through digital platforms.

Takeaways

  • 📸 Making money on Shutterstock involves selling stock photos, videos, and images to business owners who use them for marketing, products, offers, services, websites, and blog articles.
  • 📝 The importance of understanding the 'making money online ecosystem' is highlighted, with personal success stories shared to illustrate potential earnings.
  • 💰 Examples include generating significant income through online businesses and the potential to earn $100 to $700 a day on Shutterstock as a complete beginner with no experience.
  • 📈 Shutterstock's 'Shot List' is a key resource for photographers and videographers to understand the most requested content by businesses, helping them to focus their creative efforts effectively.
  • 👁‍🗨 Focusing on specific themes and events (like back-to-school, weddings, and home security) can meet direct market needs, increasing the likelihood of sales.
  • 📌 Keywords play a crucial role in making money on Shutterstock, as they connect business owners' search intent with the relevant stock content.
  • 📉 There's a scalability path from earning passive income by directly selling photos to leveraging Shutterstock's affiliate program, which can significantly increase earnings.
  • 💵 By recommending Shutterstock through an affiliate program, creators can earn up to $300 per new customer, offering a lucrative alternative to just selling photos.
  • 📚 Blogging and SEO strategies can be employed to drive traffic to Shutterstock or specific stock content, highlighting the importance of marketing skills in maximizing earnings.
  • 🤓 Success stories, like that of a 62-year-old woman making significant profit in 90 days, are used to inspire and demonstrate the wide range of possibilities in online income generation.
  • 💯 Emphasis is placed on the competitive nature of Shutterstock but also on the vast potential for those who can effectively meet market demands and utilize strategic keyword and SEO practices.

Q & A

  • What is the primary focus of the video?

    -The video focuses on how to make money on Shutterstock for complete beginners, detailing strategies that can help earn between $100 to $700 a day with no prior experience.

  • Who is the host of the video?

    -The host of the video is Mike Fasil.

  • What significant success story is mentioned to motivate viewers?

    -A success story mentioned is about a 62-year-old woman who went from zero to $160,000 profit in 90 days.

  • Why do business owners use Shutterstock?

    -Business owners use Shutterstock to find stock footage, videos, and photography for marketing products, content for their offers, services, websites, and blog articles.

  • Can you name a specific example of someone who has made a significant amount of money on Shutterstock?

    -Yes, an example mentioned is someone from microsoftguru.com who has made over $42,000 just by selling photos on Shutterstock.

  • What is the 'shot list' on Shutterstock?

    -The shot list on Shutterstock is a monthly guide that outlines the most requested content by business owners, aiding contributors in focusing their creativity on content that has higher demand.

  • How important are keywords in selling photos on Shutterstock?

    -Keywords are crucial in selling photos on Shutterstock as they match the business owners' search intent, increasing the visibility and sales potential of the uploaded content.

  • What is an affiliate program mentioned in relation to Shutterstock?

    -Shutterstock's affiliate program allows individuals to earn up to $300 per new customer by recommending people to Shutterstock, rather than selling photos directly.

  • How does Mike Fasil describe his own success with online businesses?

    -Mike Fasil describes his success by detailing how he netted $57,000 in the past 30 days and how he scaled a new business from $7 a day to up to $1,000 a day over the course of a year.

  • What alternatives to Shutterstock does the host offer for making money online?

    -The host offers a free workshop for the fastest and easiest way to make money online and references his podcast where he interviews multimillionaires and successful online entrepreneurs.

Outlines

00:00

📈 Making Money on Shutterstock: A Guide for Beginners

The video opens with an introduction to making money on Shutterstock, emphasizing the opportunity for beginners to earn between $100 to $700 a day without prior experience. The speaker, Mike, briefly mentions a free workshop that promises a fast and easy way to online income, highlighting a success story of a 62-year-old woman who made a significant profit in 90 days. Mike explains the demand for stock footage, photography, and images by business owners for marketing purposes, showcasing his own online business successes as examples. He highlights how individuals can earn substantial amounts by supplying content that business owners need for their marketing campaigns, websites, and blogs. Mike shares a personal success story from microsoftguru.com, who made over $42,000 on Shutterstock, setting the stage for a discussion on the strategies beginners can use to start earning on the platform.

05:01

🔑 Unlocking Shutterstock Earnings: Strategies and Keywords

In this segment, Mike delves into specific strategies for generating income through Shutterstock. He emphasizes the importance of aligning content creation with the most requested themes on Shutterstock, such as back-to-school themes, weddings, and home security, to meet the demands of business owners. By focusing on popular content, creators can increase their chances of making sales. Mike also discusses the critical role of keywords in maximizing visibility and sales, comparing it to Google searches. He suggests focusing on high-demand themes and utilizing keywords effectively to attract business owners searching for specific content. Additionally, Mike introduces the concept of leveraging Shutterstock's affiliate program as an alternative income stream, where creators can earn commissions by referring new customers to Shutterstock. This strategy can significantly increase earnings without the need for direct content creation, highlighting a scalable approach to making money online with Shutterstock.

Mindmap

Keywords

💡Shutterstock

Shutterstock is an online platform that provides stock photography, stock footage, and stock music to businesses and individuals. It's mentioned in the video as a viable way for beginners to make money online by selling their own photos or videos. The platform serves as a marketplace where creators can upload their content for sale and business owners can find high-quality images or videos for their marketing needs, websites, or articles.

💡Passive Income

Passive income refers to earnings derived from a venture in which a person is not actively involved. In the context of the video, earning money through Shutterstock can be considered passive income because once the photographs or videos are uploaded and approved, they can potentially generate sales repeatedly without the creator needing to do additional work, beyond possibly promoting their portfolio.

💡Keyword Optimization

Keyword optimization is the practice of using relevant and strategically chosen keywords in the metadata of photos or videos uploaded to platforms like Shutterstock. This practice increases the visibility of the content in search results within the platform. The video emphasizes the importance of keyword optimization as a crucial factor for success in selling stock content, as it directly impacts how easily potential buyers can find a creator’s work.

💡Affiliate Program

An affiliate program is a marketing program where you can receive commission for helping a company generate sales. The video mentions Shutterstock's affiliate program, which pays individuals for referring new customers to the platform. This provides another avenue for making money with Shutterstock, aside from selling photos or videos, by promoting Shutterstock itself to potential users.

💡Market Demand

Market demand in the context of the video refers to the need or desire for specific types of stock content by business owners and content creators. Understanding market demand, such as the most requested types of images or footage on Shutterstock, allows creators to tailor their content production towards what is most likely to sell, thus maximizing their earning potential.

💡Royalties

Royalties are payments made to creators for the use of their work. In the video, when a photo or video is sold on Shutterstock, the creator earns a royalty. This means each time their work is downloaded by a Shutterstock customer, they receive a portion of the sale price, offering a way to earn income repeatedly from a single piece of content.

💡Content Creation

Content creation is the process of generating topic ideas that appeal to your buyer persona, creating written or visual content around those ideas, and making that information accessible to your audience as a blog, video, infographic, or other format. The video discusses content creation for Shutterstock, focusing on creating photos or videos that meet the current demands of the market.

💡Business Owners

Business owners are individuals or entities who own a business. They are a key target audience for Shutterstock, as they often need stock photos, videos, or music for their marketing materials, websites, or blogs. The video explains how creators can earn money by supplying the type of content that business owners are searching for on Shutterstock.

💡Competition

Competition in the context of the video refers to the presence of numerous creators on Shutterstock, all trying to sell their photos or videos. High competition can make it challenging for new creators to stand out and generate sales. The video suggests focusing on niche markets or specific content that is in high demand but has lower competition to increase the chances of success.

💡Niche Markets

Niche markets are specialized market segments with specific interests and needs. The video highlights the importance of targeting niche markets on Shutterstock, such as weddings or home security, where the demand is high but not overly saturated with content. By focusing on these areas, creators can increase their visibility and potential sales on the platform.

Highlights

Mike introduces the video topic on making money on Shutterstock for beginners.

Mention of a free workshop offering the fastest and easiest ways to make money online.

Success story of a 62-year-old woman making significant profit in 90 days.

Explanation of the money-making ecosystem online, using personal success in online business as an example.

Discussion on how business owners use Shutterstock for marketing content.

Example of a successful Shutterstock contributor making over $42,000.

Guidance on starting to make money on Shutterstock by understanding business needs.

The importance of Shutterstock's shot list and monthly guide for targeted content creation.

The role of keywords in maximizing sales and visibility on Shutterstock.

Techniques for identifying high-demand content through keyword research.

Introduction to the affiliate program as an alternative revenue stream.

Details on earning up to $300 per new Shutterstock customer through referrals.

Comparison of direct sales vs. leveraging an affiliate program for income.

Personal success story to inspire viewers, emphasizing the possibility of achieving online business success.

Invitation to a free workshop for discovering faster online money-making methods than Shutterstock.

Podcast recommendation featuring successful individuals in various online businesses.