: CareerTalk Vicki Morgan & Gail Gaynin illustration by Guido Scarabottolo VICKI AND GAIL ARE HIGHLY RESPECTED ARTIST REPRESENTATIVES WITH OVER 30 YEARS EXPERIENCE IN THE FIELD. LOCATED IN MANHATTAN THEY’RE FREQUENT GUEST SPEAKERS AT ART SCHOOLS AND PROFESSIONAL ORGANIZATIONS AND CURRENTLY SERVE OVER FORTY ILLUSTRATORS IN SIX COUNTRIES. Building a Successful Illustration Career There are many ways to market yourself and while most of us want to be commissioned to do original images there is often a call for use of an image that has been used in a different context. And there are a number of ways to approach the issue of stock. Do you use an agent? A website? Or sell the work yourself? A bigger issue is how do you feel about offering stock in the first place. As one illustrator said to us, “All stock is not equal” nor is the level of artist involvement in the business transactions. What method to use Self-managed stock When an image is needed on short notice and an art director and artist have a working rapport, the AD may reach out to their reliable source for an appropriate existing image. The transaction is simple—there is no intermediary, secondary rights are being bought directly from the artist. The artist negotiates the sale and keeps 100% of the agreed-upon fee. And it helps reinforce the artist’s role as a reliable source for solving the client’s visual needs be it a new assignment or with reuseable imagery. Stock sites with artist involvement Sites like Foliosearch—the stock arm of Folioplanet—are especially appropriate for those wanting to display reusable work while negotiating their own reuse fees and rights. Artists post their own pictures and invoice their sales. Artists receive 100% of the sale. www.folioplanet.com Stock sites with an agent Sites like Theispot Stock serve illustrators who wish to have an agent assist with the sale. The art director or art buyer needn’t communicate with the agency or the artist, but can select a usage fee, type of license and download images immediately. For more complex uses, a representative negotiates terms and fees with the client, while maintaining a dialog with the artist. Additionally, they invoice the job and send the artist a copy of the transaction with a check for 75% of the fee. www.theispot.com/stock A word of caution, sites like Getty and Corbis do not allow the artist to participate in decisions about their sales. Once you relinquish your image, you also relinquish control. And the artist’s check reflects only 40% of the sale and is not accompanied by an invoice attesting to the final sale price. What do illustrators say? We interviewed a cross-section of established illustrators about stock sales. Responses ranged from “Why would any artist sell stock? Am I Walmart?” to “I might as well derive a little income from images that otherwise would languish on a hard drive”, to another who actively creates imagery specifically for stock to which he attributes 30% of his income. The nay-sayers fear that artists have “shot themselves in the foot” and that “stock is destroying the illustration business.” The opposing view is that “it hardly put a dent in it.” A pro-stock mindset cultivates additional income from illustrations that may have resale longevity. Resale provides more exposure and serves as another way for work to be seen by potential clients and the public. And it could lead to a commission. One artist compared earning secondary use fees to actors earning residuals and musicians earning royalties for previously recorded performances. Successful illustrators charge between 75% and 100% of what a new assignment fee would be. What do art directors and art buyers think? In speaking to editorial art directors in particular, it became apparent that older ones still relish the traditional approach to bring in an illustrator from the onset of a project. The tedium of perusing hundreds of stock images is not as fulfilling as collaborating on an assignment. When there are budget or time constraints they prefer to turn to a favorite assignment artist for an image from their personal archive. That said, there is a trend among younger art directors who weren’t necessarily trained to interact with illustrators to prefer going through a stock house as that provides a more comfortable solution. Inevitably, there are also those out there with small budgets that turn to stock with the perception that it cost less. While this may sometimes be true, the tendency among stock houses and illustrators is to try to keep reuse fees comparable to assignment fees. How to have successful stock sales So you’ve decided that stock is something you want to pursue, the question becomes do you sell stock yourself or use one of the stock sites? Keep in mind stock companies invest heavily in promotion to drive buyers to their online catalog. Their company’s success is dependent on your sales and you benefit by their eagerness to please you. Here are some helpful tips in selling stock: 1) Convey the value to the client of being able to instantly use your premium work without having to wait for the creative process, delays, and approvals. But know what rights are available. 2) Be proactive, research businesses that regularly license stock imagery and create illustrations for their subject needs. Also create stock reflecting current business and cultural concerns. 3) Update your postings and fulfill the broadest possible range of requests by using comprehensive keywords. Remember that you are in control of your business, your resale rights and your integrity. Consider the choices and make your own decision about having stock art sales as a facet of your business structure.