I recently found out something that should not have surprised me, but it did.
I was in Tucson and spent time with an old friend, the photographer’s consultant, Mary Virginia Swanson. Swanee knows more photographers than anyone I know. She has been the workshop coordinator at the Ansel Adams workshops, Director of Special Projects at Magnum Photos and an instructor in the photo department at NYU and also owned Swanstock, my all-time favorite stock agency.
I asked Swanee what type of photographer was making it and what type wasn’t. She didn’t hesitate when she answered that the photographers she knew who were doing the best right now were the ones who negotiated the best deals when they licensed their work. They were the ones who agreed to lower fees in the short term, but who also limited their client’s usage in return.
Now the clients want to extend their licenses for these photos, either for more time or for more uses and they are re-negotiating with the photographers. The clients generally are happy because they were able to pay only for what they needed initially and are now willing to pay for the extended use. The photographers are profiting from their work, even in a time when assignments and stock sales are down.
Have you given away all rights to your work for a lower fee because the client asked for it? I hope not, but even if you did, it’s not too late to improve your negotiating skills. Negotiating skills are important, especially now, and understanding some basic principles can make a big difference in whether you are paid enough to stay in business through a rough economy.
The usage tips and coach are loaded with negotiating tips for different situations. Please take advantage and read this information. It’s a different world out there, and the latest version of fotoQuote reflects that.
For more information on Mary Virginia Swanson: www.mvswanson.com
Learn More. Other Blogs on the Art of Negotiation:
Cradoc fotoSoftware fotoBiz® X is a comprehensive, powerful, and easy to use business management software available for your stock and assignment photography estimating and billing needs. It is the favorite of professional freelance photographers worldwide!
No monthly fees, No annual fees, No subscription fees
*fotoBiz® X for High Sierra, Mojave & Catalina is a separate demo program. Please choose the NEWER MAC OS version above.
Try fotoQuote Pro 7
fotoQuote® Pro 7 is the industry standard photography pricing guide for freelance photographers, helping you determine and negotiate a fair price for your photography. Pricing for over 360 categories of stock photos and over 70 assignment types giving you over 10,000 pricing options. It is the only pricing guide available in iOS!
fotoQuote® Pro 7 is also a powerful quoting and licensing tool providing you with all that you need to bid, quote, price and protect your images. Want to invoice too? fotoBiz X is the tool you need. Try the FREE demos to see why we're the best in class!
No monthly fees, No annual fees.