Capturing Opportunity: How to Make Money with Photography in 2024 | Canada News Media
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Capturing Opportunity: How to Make Money with Photography in 2024

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In the digital age, where visuals dominate our daily lives, photography has emerged as a powerful means of expression and a lucrative profession. As we step into 2024, the opportunities for making money through photography have expanded, offering both amateur and professional photographers exciting avenues to pursue their passion and pad their wallets. In this article, we’ll explore ten promising opportunities to turn your photography skills into a profitable endeavor.

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  1. Stock Photography: Turning Pixels into Profits
    • Stock photography platforms like Shutterstock, Adobe Stock, and Getty Images have become thriving marketplaces for photographers. By uploading high-quality, in-demand photos, photographers can earn money each time their images are purchased for various projects.
  2. Freelance Photography: Capturing Special Moments
    • Freelance photography remains a popular choice for those who love to capture special moments. Offering services for weddings, parties, and family portraits can provide a steady income. A captivating portfolio and effective marketing can help freelancers attract clients and build a loyal customer base.
  3. Selling Prints: Turning Digital into Tangible
    • Transforming your best digital photos into prints and framing them can open doors to selling your artwork. Establish an online store or utilize platforms like Etsy to reach a wider audience. Promote your prints through social media and art galleries to boost sales.
  4. Educational Ventures: Sharing the Knowledge
    • If you’re an experienced photographer, consider sharing your knowledge through photo tours and workshops. Teach aspiring photographers the art and craft of photography while charging a fee for participation.
  5. Blogging and Vlogging: Becoming a Visual Storyteller
    • Start a photography blog or YouTube channel to share your journey, tips, and tutorials. Monetize your content through ads, affiliate marketing, or by selling photography courses. Building a loyal following can turn your passion into a profitable venture.
  6. Mobile Photography Apps: Power of the Pocket-Sized Camera
    • With the ubiquity of smartphones, mobile photography has taken off. Use apps like Instagram, VSCO, or Snapseed to edit and enhance your photos. Build a following and collaborate with brands for sponsored posts, turning your mobile photos into income.
  7. Drone Photography and Videography: Reaching New Heights
    • Invest in a drone to capture stunning aerial shots. Offer drone photography and videography services for real estate, construction, or events. This niche market is on the rise and can provide substantial income opportunities.
  8. Photo Merchandise: Artistry on Everyday Items
    • Leverage your photography by creating merchandise like calendars, greeting cards, or coffee mugs featuring your images. Sell these items through your online store or at local markets to diversify your income streams.
  9. Photo Contests and Grants: Recognition and Reward
    • Participating in photography contests and competitions can provide not only cash prizes but also recognition in the industry. Look for contests that align with your style and vision to showcase your talent.
  10. Photography Apps and Platforms: Turning Snapshots into Cash
    • Explore photography apps and platforms like Foap or Snapwire, which pay you for taking and submitting photos. Complete photo missions and earn money for your submissions, making photography a fun and profitable side hustle.

Conclusion: Photography isn’t just a hobby; it’s a dynamic field with numerous opportunities to turn your passion into profit. In 2024, the world of photography offers diverse avenues, from selling prints to leading workshops and even capturing the world from the skies with drones. Whether you’re a seasoned pro or an enthusiastic amateur, these opportunities can help you realize your potential and capture both memorable moments and a rewarding income. So, grab your camera and seize the moment – the world is waiting to see it through your lens.

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Business

TC Energy cuts cost estimate for Southeast Gateway pipeline project in Mexico

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CALGARY – TC Energy Corp. has lowered the estimated cost of its Southeast Gateway pipeline project in Mexico.

It says it now expects the project to cost between US$3.9 billion and US$4.1 billion compared with its original estimate of US$4.5 billion.

The change came as the company reported a third-quarter profit attributable to common shareholders of C$1.46 billion or $1.40 per share compared with a loss of C$197 million or 19 cents per share in the same quarter last year.

Revenue for the quarter ended Sept. 30 totalled C$4.08 billion, up from C$3.94 billion in the third quarter of 2023.

TC Energy says its comparable earnings for its latest quarter amounted to C$1.03 per share compared with C$1.00 per share a year earlier.

The average analyst estimate had been for a profit of 95 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:TRP)

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BCE reports Q3 loss on asset impairment charge, cuts revenue guidance

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BCE Inc. reported a loss in its latest quarter as it recorded $2.11 billion in asset impairment charges, mainly related to Bell Media’s TV and radio properties.

The company says its net loss attributable to common shareholders amounted to $1.24 billion or $1.36 per share for the quarter ended Sept. 30 compared with a profit of $640 million or 70 cents per share a year earlier.

On an adjusted basis, BCE says it earned 75 cents per share in its latest quarter compared with an adjusted profit of 81 cents per share in the same quarter last year.

“Bell’s results for the third quarter demonstrate that we are disciplined in our pursuit of profitable growth in an intensely competitive environment,” BCE chief executive Mirko Bibic said in a statement.

“Our focus this quarter, and throughout 2024, has been to attract higher-margin subscribers and reduce costs to help offset short-term revenue impacts from sustained competitive pricing pressures, slow economic growth and a media advertising market that is in transition.”

Operating revenue for the quarter totalled $5.97 billion, down from $6.08 billion in its third quarter of 2023.

BCE also said it now expects its revenue for 2024 to fall about 1.5 per cent compared with earlier guidance for an increase of zero to four per cent.

The company says the change comes as it faces lower-than-anticipated wireless product revenue and sustained pressure on wireless prices.

BCE added 33,111 net postpaid mobile phone subscribers, down 76.8 per cent from the same period last year, which was the company’s second-best performance on the metric since 2010.

It says the drop was driven by higher customer churn — a measure of subscribers who cancelled their service — amid greater competitive activity and promotional offer intensity. BCE’s monthly churn rate for the category was 1.28 per cent, up from 1.1 per cent during its previous third quarter.

The company also saw 11.6 per cent fewer gross subscriber activations “due to more targeted promotional offers and mobile device discounting compared to last year.”

Bell’s wireless mobile phone average revenue per user was $58.26, down 3.4 per cent from $60.28 in the third quarter of the prior year.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:BCE)

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Canada Goose reports Q2 revenue down from year ago, trims full-year guidance

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TORONTO – Canada Goose Holdings Inc. trimmed its financial guidance as it reported its second-quarter revenue fell compared with a year ago.

The luxury clothing company says revenue for the quarter ended Sept. 29 totalled $267.8 million, down from $281.1 million in the same quarter last year.

Net income attributable to shareholders amounted to $5.4 million or six cents per diluted share, up from $3.9 million or four cents per diluted share a year earlier.

On an adjusted basis, Canada Goose says it earned five cents per diluted share in its latest quarter compared with an adjusted profit of 16 cents per diluted share a year earlier.

In its outlook, Canada Goose says it now expects total revenue for its full financial year to show a low-single-digit percentage decrease to low-single-digit percentage increase compared with earlier guidance for a low-single-digit increase.

It also says it now expects its adjusted net income per diluted share to show a mid-single-digit percentage increase compared with earlier guidance for a percentage increase in the mid-teens.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:GOOS)

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