Frager Factor

Thursday, March 06, 2014

Better Than .Photo Domains: FOAP (.com) Make Thousands A Day Off Smart Phone Photos

Now you can make more flipping the photos you take with your phone versus the domains you buy with it and no financial investment is required.

The world stopped for a moment during the Oscars to marvel at the power of technology. A smartphone picture as rich and luxurious at the press of a button as all that would be done with that previous big Hollywood budget talent and gear. To me it was the shot that killed many careers. Ironic.

And actor Bradley Cooper, the snapper of the photo versus Ellen, the owner of the camera, will make millions in royalties off the image the whole world watched him snapped.

ABC's Gio Benitez showcased an APP called FOAP that allows any average-joe to sell the photos you take on your smart phones as "stock photos" to corporations. 

I think FOAP should be first in line for the .Photos app or a JV, or as I told Frank, he could reserve all the categories of photos and become a stock agent himself. It's just a twist on parking. What inspired me was stumbling upon his registration of

Narrates Benitez over las night's ABC Video Report:

Deana Valorose knows that each click of the camera on her smartphone could mean money in her bank account. 
Valorose, of Hollywood, Fla., said she's made more than $300 from selling 68 of her pictures - from breakfast to sports and nature - through a free app called Foap. 
The app sells the photographs to big brands like MasterCard for use in their advertisements. 
Each photograph on Foap sells for $10. The owner gets $5 and Foap gets $5.
"The picture that I've sold the most of is parasailing - people parasailing," Valorose said. 
Business is booming, according to Foap, because it's much cheaper for companies to buy stock photos from sites like Foap than from the professionals. 
Foap said that half of its users were making money and that half were raking it in. 
The app's user base has grown 25 percent in the last financial quarter as the company seeks to win a share of the $4 billion market for stock photos, competing against longtime stakeholders iStock, Getty and The Associated Press.
Duyum Dulom of California made almost $4,000 in less than a year by uploading his photos and winning competitions on Foap. Sony and MasterCard each have bought his images. And, he said, Heineken paid him $100 for an image. 
Some big brands have even started sending users out on specific missions. MasterCard paid Foap user Adam Hamilton, 42, of Portland, Maine, $500 for this picture of his son playing in the snow. 
Sneaker and apparel brand Puma paid Hamilton $2,000 for an image. 
At first, Valorose said, she was skeptical about selling her images. 
"Once I sold a couple pictures, I went to cash out," she said, "and got my money. … This is the real deal. Yep!"
Breaking at press time: In response to APPS like FOAP eating their lunch, Getty Images makes 35 million images free in fight against copyright infringement

Getty Images has single-handedly redefined the entire photography market with the launch of a new embedding feature that will make more than 35 million images freely available to anyone for The controversial move is set to draw professional photographers’ ire at a time when the stock photography market is marred by low prices and under attack from new mobile photography players. 

Yet, Getty Images defends the move, arguing that it’s not strong enough to control how the Internet has developed and, with it, users’ online behaviours. 

Related: Get more information on selling stock photos  

About The Author: Owen Frager is an Internet marketing expert ready to help take your company to the next level.

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