I was contacted today by a marketing freelancer in Germany requesting permission to use one of my photos. The photo would be used on an invitation to a business type get-together(small businesses sharing success stories), with about 20 or so planned attendees. The individual stated the common fee of $200 was outside the planned budget and asked if I would accept a lower fee.
I have never "sold" one of my photos before and I am wondering what would be a reasonable fee. This hobby is not my "bread and butter," but I do want to be compensated appropriately.