Imagesbazaar case study-
Friends today we will Imagesbazaar case study. If you don’t know about the Imagesbazaar case study and searching for it then you are in the right place to get every info. about Imagesbazaar case study and how Imagesbazaar works which is owned by himself Sandeep Maheshwari.
Today we will talk about Imagesbazaar case study which is the largest Indian company for stock photos.
Imagebazaar.com is worth $180,156.85.
Imagebazaar.com has an Alexa rank of approx 46,101 in the world. It has approx 25104 unique visitors per day. It is having .com domain extension and it is hosted in the United States. It is estimated at $177,154.52 (US) and has a daily income of $246.
About Imagesbazaar CEO-
I think u all know the Imagesbazaar founder and chairman Sandeep Maheshwari, Sandeep Maheshwari is chairperson and founder of this Imagebazaar.com.
Sandeep Maheshwari is a name among millions who struggled, failed in search of success, happiness. Just like any middle-class family guy, he too had a bunch of unclear dreams and a blurred vision of his goals in life in which he sees himself over in life. All he had was an undying learning attitude towards the thing which makes him special from the crowd. In life through ups and downs, it was time that taught him the true meaning of his life.
Now he runs Imagesbazaar as well as do a motivational session to motivates people inspired him to take the initiative of changing people’s lives in the form of “Free Life-Changing Seminars and Sessions”.
Sandeep Maheshwari Youtube Channel is-
How can It be possible that in Imagesbazaar case study we do not add about its Founder Sandeep Maheshwari. So let’s talk about the journey of its founder.
Sandeep Maheshwari belongs to a middle-class family where his father was having a small aluminium business but when he was in 9th standard his family business collapsed and family economic condition goes down.
All responsibility came on his shoulders so after 12th he started his career as joining a multi-level marketing company to manufacturing & marketing household products
He was an average student and he never had much attraction towards studies. So he opted to drop out of Kirorimal College, Delhi in the third year of B.Com.
He got attracted by the modelling world, so he started his career as a model at the age of 19. When he came to this world he witnessed the harassment and exploitation experienced by models from photographers.
After realising the difficulty faced by the models in this modelling world, He started clicking photo shots of models and those who don’t have money to pay, he clicked it for free. But did not get success because he was hardworking in photography without the studio. (2002)
Then In 2002, along with three people, he started a company which he fails in six months and he got one more failure in life.
In 2003 he published his book on marketing and began a consultancy firm but again he only able to sell 40 copies of books, unfortunately, failed again.
Passion was photography so he continued with his passion by starting a studio and he also hired some photographs. He started taking pics of friends relatives models in free of coast just to be perfect in this field.
He started clicking portfolio for the models once again and was charging very little from them. But it was not helping much.
LIMCA BOOK RECORD-
Photography business was going fine but one day he thought to go world record of clicking photographs.
His task to make a LIMCA BOOK RECORD was he has to click 10,000 different shots employing 100 within a duration of 12 hours on an analogue camera with film.
He beyond the expectation by capturing more than 10,000 images in 11 hours and utilizing over 120 models. He made the world record.
After it, the journey began of Imagesbazaar.com.
Must Read:- Limca Book of Records
Imagesbazaar Case Study –
After making a world record in photography he was so famous and the value and demand of Sandeep Maheshwari increased in the market of the Photography industry.
New companies started approaching him. One AD agency approached him for the photograph for the advertisement, he was surprised because he never thought the portfolio he captures and paid for the picture they have taken.
After that, he started clicking a photograph and but still, the demand of the customer was different only a few pics got selected. So he decided to take pictures as per customer demands.
Imagesbazaar is stock photos website they stock photos and give the rate tags on his website.
All business plan of Imagesbazaar is led by Sandeep Maheshwari alone.
If anyone interested in a particular company or individual need any photos for advertising so they simply buy them on images bazaar.
In February 2006 finally, he launched Image Bazaar. with a stock of around 8000 images.
On time have the largest collection of Indian Photography with close to around 900,000 images. A report states that around 40% pics used in an advertisement are from Image Bazaar team.
How Imagebazaar makes money?
Same like Shutterstock, Depositphotos, Fotolia etc model. ImagesBazaar earns from people who buy images and subscriptions or we can say from content creators. Thousands of pro and hobby photographers upload their photos and get a share of the revenue.
How are they different from the competition?
With the revolution in online news sites in India and also digital push, the demand for more photos with an Indian touch is rising in exponentially graph with Indian content creators.
Imagesbazaar Product –
ImagesBazaar has the collection of over 90000 pictures only Indians. They provide pics to low budget companies also who want to do an advertisement.
If any customization needs to be done they will do the same, the only purpose is to attract the company and save their money. They have different business strategy compared to the competition.
The 3D image is also provided by Image Bazaar.
They have a large network all over the world. At present Imagesbazzar is over 7000 clients in more than 45 countries are using images from ImagesBazaar for their advertising and marketing communication.
They have ISO 9001:2000 certification.
As we described that the financial status of Sandeep was not so good so he started his first business with the 12k camera. With that camera, he started capturing pics of models for the ImagesBazaar. He invested 1.5 lakh when he started his company and now his company is making a profitable revenue of 10.5cr.
Sandeep Maheshwari suggested to a new businessman or who are going to start a new business that “For starting any new business you don’t need a good amount of money. If you have a good idea then you can start your business whenever you want”.
Expansion outside India-
They have a strong presence in India, Dubai, Pakistan, and UAE, have a strong client base in all these markets.
Their 90% of the business comes from India. Presently their customers are present in 45 countries.
Sandeep Maheshwari books-
So these are some books that Sandeep Maheshwari recommends to the new generation.
- Who Moved My Cheese? by Spencer Johnson
- The Magic of Thinking Big by David J. Schwartz
- Think & Grow Rich by Napolean Hill
- The Power of Positive Thinking by Norman Vincent Peale
- How to Win Friends and Influence People by Dale Carnegie
- The 7 Habits of Highly Effective People by Stephen R. Covey
- Jonathan Livingston Seagull: A Story by Richard Bach
- The Alchemist by Paulo Coelho
- Flow: The Psychology of Optimal Experience by Mihaly Csikszentmihalyi
- You can Heal Your Life by Louise L. Hay
- See You At The Top by Zig Ziglar
- Marketing Management by Philip Kotler
- Chicken Soup for the Unsinkable Soul
- Unlimited Power by Anthony Robbins
Milestones and Awards-
- Apart from this, he has also been featured in almost all the leading magazines, newspapers and television channels such as The Economic Times, Indi a Today, CNBC-TV18, IBN7, ET Now, NewsX and more.
- One of India’s Most Promising Entrepreneurs by “Business World” magazine
- Star Youth Achiever Award instituted by the Global Youth Marketing Forum
- Pioneer of Tomorrow Award by the “ET Now” television channel
- Young Creative Entrepreneur Award by the British Council, a division of the British High Commission
- He was awarded from Creative Entrepreneur of the Year 2013 by Entrepreneur India Summit.
Mash Audio Visuals Pvt. Ltd.
505, Aggarwal Prestige Mall,
Plot No.2, Road No.44,
Pitam Pura, New Delhi-110034
Phone : (+91) 11 66545466
Fax : (+91) 11 66545465
Mr Sandeep Maheshwari is a self-made man, who has proved to the world that one can achieve anything in his life if you want to achieve. One of the success full manager of today’s time. He defined the word entrepreneurship.
For more information follow these links:-
Sandeep Maheshwari :-https://www.sandeepmaheshwari.com/
So after sharing so much information on Sandeep Maheshwari and its study about Imagesbazaar case study. I want to conclude my article now just sharing a fact that his wife is the same as his girlfriend in 11th standard.
So if you want detail article on the life of Sandeep Maheshwari then let me know by comment down.