Posts Tagged ‘business’

Should Photographers Accept Bitcoin as Payment?

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Enthusiasts of bitcoin, the electronic cryptocurrency, have more ways than ever to spend their digital cash. But should professional photographers try to take advantage of the growing popularity of bitcoin and similar systems by accepting it as payment for their work?

A few photographers say so, but first, what is bitcoin and how does it work? Read more…

Future of the Photo Store: Two Successful Brick-and-Mortar Store Owners Weigh In

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New photographers today can buy their first camera, take lessons on how to use it, research photography destinations, order prints and books of their work, and start selling it without ever setting foot in a brick-and-mortar camera store or printing business. It’s hard to imagine how any photo store with an actual sales floor can still survive.

Some definitely aren’t. It’s been more than a year since Ritz and Wolf Camera, one of the larger names in the sector, sold off its remaining physical stores to an asset liquidation firm. Standalone establishments have struggled to hold on as well, and towns from New Jersey to California have witnessed the closing of their local photo shops. That’s a good thing if you like liquidation sales. Otherwise, not so much.

But still some persist, and even flourish, despite tough conditions. In order to understand better how photo shops are competing in today’s turbulent photography market, I spoke with the owners of two different establishments. Read more…

Infographic Gives You Nine Ways to Grow Your Photography Business in 2014

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If 2014 is finally the year you plan to turn your love of photography into a business and see if you can quit your day job to do something you enjoy, then PhotoShelter is here to help. In the infographic below, they provide you with nine very useful tips that will help you begin to look at photography from the business side of things. Read more…

Three Things You Ought to Know Before Deciding to Become a Nature Photographer

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It’s been over two years since I cut the academic anchor and sailed away as an independent nature photographer. How am I faring? My little business is chugging along fine, thanks! I’m busy. I have an infant daughter, and I love that my new life allows the flexibility to work from home. Yet I still interact regularly with the university. I’ve just published a couple of research papers. Things are good.

I know from various conversations that some of you aspire to be photographers. This post is for those of you curious about what a transition to professional photography might hold. Read more…

Conglomerates or Camera Companies?

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In the corporate world, diversification is a way of life. As multinational conglomerates like PepsiCo can tell you, spreading out business over multiple sectors protects a company from economic shocks to any one industry, and opens up access to more markets.  A quick peek at SEC filings for some of the most prominent camera manufacturers reveals that many of them have made a strong effort to put this concept into practice, and you might be surprised at how small a role consumer photography plays in their annual sales.
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Olympus Still Dealing with a Plethora of Lawsuits in Wake of Accounting Scandal

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Some would say that the Olympus accounting scandal is officially over, insofar as jail sentences (or, rather, the lack thereof) have been doled out by the Japanese justice system. Even the company’s stock has rebounded and is currently sitting about 25% higher than it was before the dive it took when the company’s seedy business dealings came to light.

But stocks rebounding and executives getting off almost scott free aside, Olympus’ battle against the backlash from the scandal is far from over, as both Japanese and overseas entities continue to pursue legal action. Read more…

Kodak Alaris Will Keep the Kodak Legacy Alive, Has ‘No Plans’ to Stop Selling Film

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Now that Eastman Kodak’s bankruptcy woes are over and the company has switched its focus primarily to commercial printing, its name probably won’t show up here as often as it once did. But that doesn’t mean that the Kodak photographic legacy is dead.

One of the steps Eastman Kodak took to get out of bankruptcy was to sell its personalized and document imaging businesses to the UK Kodak Pension Plan (KPP), and that has birthed a company that plans to keep that legacy alive: Kodak Alaris. Read more…

Kodak Officially Emerges from Chapter 11 Bankruptcy

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It’s been a long and depressing tunnel, but Kodak has finally reached the light at the end. Over a year and a half after declaring Chapter 11 Bankruptcy, the once-great camera giant officially reached the end of its financial troubles yesterday. Read more…

Cooperation Wins Out Over Confrontation in the ILC Market

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For travel shooters and those looking to keep their kit light, new Interchangeable Lens Compacts (ILC) have been a major boon. But the real beneficiaries of the rise of this new system — still less than five years old — are the companies that make them. However, in order to maximize those benefits, manufacturers of ILCs need to establish the format as viable and resilient. For some, that means working together rather than against one another. Read more…

The Lumiere Photobooth: A Fully Mobile Traveling Tintype Portrait Studio

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When husband and wife photography duo Loren Doyen and Adrian Whipp drive around for work, it might look to most people like they’re hauling around a tiny mobile home. The trailer is actually their Lumiere Tintype Photobooth, one of the world’s first fully mobile tintype portrait studios.
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