I was contacted early this month by a large marketing firm about the purchase of two photos to be used in a promotional campaign. World wide unlimited print and internet usage with exclusive rights 1 year renewable.

I have to say it was out of the blue and quite exciting. It posted a large problem for me though. I did a lot of research and there is really no accurate pricing model that I could find. The last thing I wanted to do was
grossly under price them.

I settled on a price per image, but I'm curious what other members might have done. I would be interested in hearing some thoughts about pricing a
license for usage similar to this?

Randy

congrats! if theyre a big company charge em more..... :D

Congrats....I don't know the going rate for photo's....

Congrats for this very good news...

I don't know the price in all country but i can to say you the price i use for mine and i think i have a very good price.  For this price you need to see distinct points : size - hours/work - program using ...

I think my best price for a good spanish compagnie is  €1257.45 for 1 year of distribution with 3 photos of model man only and in 4000x2000...The price normal for 1 photo for 1 year is between 300 and 800€... well, this price is very good because is spanish. I think is little more expansive in USA or other country

Here, in RR, i think you can to ask more information with nattarious (member section photo) for the price

in my thread http://www.renderosity.com/mod/forumpro/showthread.php?thread_id=2654097 "interesting law of copyright photo" in juin 25, you can to see the distinct contrat to you can to use betwen you and them...

contratssssss!!!

Hugs and kiss

Congrats for this very good news...

I don't know the price in all country but i can to say you the price i use for mine and i think i have a very good price.  For this price you need to see distinct points : size - hours/work - program using ...

I think my best price for a good spanish compagnie is  €1257.45 for 1 year of distribution with 3 photos of model man only and in 4000x2000...The price normal for 1 photo for 1 year is between 300 and 800€... well, this price is very good because is spanish. I think is little more expansive in USA or other country

Here, in RR, i think you can to ask more information with nattarious (member section photo) for the price

in my thread http://www.renderosity.com/mod/forumpro/showthread.php?thread_id=2654097 "interesting law of copyright photo" in juin 25, you can to see the distinct contrat to you can to use betwen you and them...

contratssssss!!!

Hugs and kiss

Congrats on the great news!

Many congrats!!!   Which of your photos did they select?

BIg congrads to you and yes joe is the one to ask also you can go to his website and prices are there i think he gets around 1200 for promotional work - from what i have read could be wrong..

Attached Link: Linked Photo

Just got in from work, thanks for the replies. I placed a link to one shot that is hosted here. Here is how I priced the images. After looking at several stock photo houses I choose Getty Images as a model. I searched and found a photo not a current news item, just a stock photo that could be used in a promotion. I used their cost calculator and got as close as I could to a comparable license agreement. Then I subtracted 30% for overhead and commissions the resulting price was 10200.00 per image and that is what I quoted. they did not even bat an eye at that. The final decision is still 2 week off, but they requested some more copies in different resolution yesterday so it seems to be a strong possibility. Randy

Excellent news my friend. Makes me sad a bit because I remember my photo opportunities I had while doing the Molson Indy's and  working with Team Penske.
I did it for fun helping the official photographer...and never bothered to promote some of the decent shots I had taken.

Attached Link: Graphic Artists Guild Handbook

If you live in the US, you may want to consider picking up this book. BTW, nice photo. I'm assuming the second one is similiar.