Let’s face it, times are tough all over. People are tightening belts and looking for ways to save money. This, of course, applies, not just to consumers, but designers and businesses. If you were looking to purchase, say a company car, would you go crazy for a Cadillac with all the bells and whistles, or would you try to find a vehicle that fits your needs and offers the best value for your money?
This is sort of in response to a recent article by Lee Torrens called “Selling the Same Stock Photos at Different Prices“, as well as some discussion around the internet forums. The base question is, “It is acceptable to sell the exact same photo at widely differing prices?” in the stock industry. Of course, we don’t really mean “sell”, we mean “license”. A license gives you, the buyer, certain rights in the way you can use an image. “Widely differing prices” means anything from an Royalty Free image you purchase for 1 credit (around $1) at iStockphoto.com, to an image you license from gettyimages.com, which could run into the hundreds of dollars.
So, how do you determine the best “value” for your money, when licensing an image? I think the best place is to look at the license terms and other license offerings. ( By the way, you can see all the iStockphoto license terms here, and the gettyimages terms here .)
License Flexibility
When you look at a typical microstock license, you’ll find that there are lots of ways you can use your licensed image, and lots of ways that you can’t. Microstock evolved from various designers sharing images, so the most flexibility in the terms revolves around using an image for marketing purposes and advertising. Making a brochure for your business? Great! How about an ad for a big newspaper? No problem. As many as you want. Book cover for a major author? Help yourself.
You will, however, start to find restrictions when you want to use the content to actually make money, such as selling tshirts printed with content, or web templates. Also, when you want to distribute content across your business group, or go over so many uses of the image in non-advertising copy (like a newspaper article).
This kind of thing is no problem for the typical user of microstock – the church designer, the guy who makes up those coupons you get in the mail, the student writing a report. They do present an issue for those more innovative users, and this is why many sites offer the Extended License. The purchase of various extended licenses offer the buyer the ability to do things like print content on products and sell it, or design web templates, or distribute the content across the network (multiple seats) or have extended print runs. So, for your basic (really, a wide range of ) needs, the regular license offers excellent quality standards with an excellent value (price – $1-$20) unheard of before 2000. For extended needs, the extended license is there at a price ($50-$150).
Now, take a look at gettyimages’ license agreement. Its terms are much more open:
Getty Images grants to Licensee a perpetual, non-exclusive, non-transferable, non-sublicensable, worldwide right to Reproduce the Licensed Material identified in the Invoice an unlimited number of times in any and all media for all purposes other than those uses prohibited under Section 3 of this Agreement.
This, then has no print limit, allows the usage on products for sale (electronic or otherwise) and another paragraph allows up to 10 network users per license. Guess what, though? These terms come at a price – from $50/image up into the $1000 range, depending on size, country, etc.
So, the question for the buyer is, “What are your needs for this project”? If the exact same image is available on two different sites, which of the sites offers the licensing terms that best fit your needs for the best price? Note, that this doesn’t just apply to a gettyimages/iStockphoto match up, but across the various microstock sites, as many contributors upload their content across the spectrum of stock agencies out there.
To offer a more concrete example, say I was a buyer designing a t-shirt for my online web store. I found a great image of an isolated dog to use on iStockphoto. I need the large size, which runs me 12 credits, or around $15 at my credit package price. However, to sell, I need the extended license for products for resale at 125 credits, or around $150. I plan on selling my 2000 t-shirts for $20 each, netting me $40,000, so the license investment isn’t a big deal. Total cost at iStockphoto, around $165 for the content that will actually make the shirt sell.
The exact same image on Getty (assuming the contributor offers it there), at the size I need will run me around $300, but that includes the rights to be able to sell product. Ok, pretty obvious here, that for my needs, iStockphoto is the better choice.
However, maybe I am planning on selling 6000 t-shirts? The extended license cost goes up at iStockphoto to $450, making the gettyimages photo a better deal.
The point here, being, figure out your needs, and find the offering at the best value that suits those needs.
Service
One other point brought up, is that you get a higher level of service, for the higher price you pay at places like gettyimages. They offer image searching services, and live chat help, which popped up several times as I was poking around the site.

This is something that could certainly be useful to someone, and may be worth considering, when you are assigning “value” to the various stock offerings out there. If time is money, and professional assistance can help you out, then an option like gettyimages could prove more cost effective.
At iStockphoto, we try to crowd source image search help in the Request New Content forum, but you tend to find contributors offering up their own content that fits the request, which can be helpful, but you may miss out on other content in the collection. There are some, though, that have the time to search a bit more, and post community work, as we realize buyer satisfaction helps everyone.
In The End…
… it is up to you to figure out your needs and find the content at the site that best serves those needs, without overspending. That’s the best way to get true value for the money you spend in this crazy economy.