iStockphoto is Planning to Start selling Stock Logos, Too
Getty Images' iStockphoto is moving into new territory. In a statement sent out last night and relayed on the official forum, the company announced that it will soon start facilitating stock logo sales through its online marketplace. The announcement got the designer community to speculate whether this is a good thing or not, but the jury is still out on that. Basically, iStock wants to make it possible for clients to buy custom logos for their companies or organizations on its online marketplace the same way it facilitates purchases of stock photography, audio, video and illustrations. The company is looking to tap into its vast community of affiliated designers to create an offering that could match the demand, encouraging them to use iStock as an outlet for the 'hundreds of different logos' they supposedly created over the course of their careers but remained unused.
Read more: washingtonpost
Some info about iStockphoto.
iStockphoto is a popular website for buying and selling stock photography. Photographers can register on the website and submit their photographs for approval. Approved photographs can then be purchased by customers for a number of credits, depending on the size of the photograph and the license they wish to purchase it under.
Features
Approval process for sellers: Photographs are approved by iStockphoto before being available for purchase.
• Flexibility for sellers: Sellers can choose their prices, multiple image sizes, and the licenses they wish to sell the image under.
• Credits: Because most stock photograph purchases equate to only a few dollars, iStockphoto has a credits system whereby the customers purchase at least $10 of credits, which are assigned to their accounts. These credits are then deducted when they make a purchase.
• Social: Photographs can be rated and commented on, making the website very social and interactive.
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