There are many ways to make money from your photos, and contests/competitions are a unique approach. Rather than sell your work or time, you compete with your talent and experience. Contests and competitions can take many forms, but online avenues are probably the easiest to participate in.
Competico is an online photo competition website that offers cash prizes based on community votes and panel judges. Each contest has a specific theme and maximum cash prize available. It also appears that several new contests launch each month. Entry fees are generally between $2 and $15 per photo, and a percentage of those fees go toward the prizes.
Right now, Competico is running a bigger contest with some huge cash prizes. The theme is “Winter Holidays”, the entry fee is $100 per photo, and prizes up to $50,000! The entry is steeper than their usual contest, but the rewards are too. This contest ends January 12, 2009 and the winners will be announced on the 15th.
If that one is a little too steep for you, consider checking out the ongoing contests for various themes. As I write this, there are 8 open contests in a full range between $2 and $15 entry fees. And if none of the themes spark your interest at the moment, check back from time to time.
As with any photo contests or competitions, be sure you read the terms and conditions before agreeing to them. If you’re not comfortable with the terms, don’t submit your photos.