Nav: Home
Welcome, Guest. Please login or register.
Did you miss your activation email?
February 10, 2012, 23:53

Login with username, password and session length

MicrostockGroup

Microstockgroup Sponsors


« previous next »
Pages: [1] 2 3 4 Print

Topic: Am I doing OK with micro stock?  

(Read 10658 times)
SIFD

New Member


« on: June 30, 2010, 09:42 »

hi guys

I'm new here.

I'm a part time, non-exclusive photographer (thinking about become a full time stocker), i have +/- 5000 pics on SS, DT, FT, 123RF, BigStock, CanStockPhoto, TS, out of this 5000 pics i believe there are quite lot similar ones, there are about 800 pics i consider as "better ones" which are on IS.

my total monthly income about $3500 ($1000 from IS), am i doing ok in this game? how do you find my figures?

thanks
« Last Edit: June 30, 2010, 10:33 by SIFD »

Ignore | Logged


DepositPhotos.com
louoates


Dreamstime GaugeiStock Gauge
« Reply #1 on: June 30, 2010, 09:53 »

Regardless of how many are in your portfolio I'd say that $3500/mo part time is a green light for full time production. You've obviously learned enough to get that many accepted so why not give full time a go?


Ignore | Logged


sjlocke

iStock Gauge
« Reply #2 on: June 30, 2010, 09:59 »

can i make it to a full-timer?

We don't know you.  We don't know your financial situation.  We don't know your style, subjects or location.  We don't know the future.

Basically, only you know what you are able to do.


Ignore | Logged


lisafx
« Reply #3 on: June 30, 2010, 10:16 »

To me 3.5k sounds like good money.  I think that puts you in the upper tier of successful contributors. 

OTOH the future of stock is in a constant state of flux and the world economy is in the toilet right now.  If I had a secure job I would sure hang on to it.   


Ignore | Logged


SIFD

New Member


« Reply #4 on: June 30, 2010, 10:17 »

can i make it to a full-timer?

We don't know you.  We don't know your financial situation.  We don't know your style, subjects or location.  We don't know the future.

Basically, only you know what you are able to do.

  Wink sorry guys, not native english speaker here. i suppose the last sentence is not the best wording, but you know what i mean  Smiley


Ignore | Logged


cthoman



« Reply #5 on: June 30, 2010, 10:20 »

It sounds like you are doing well with stock. I guess it all depends on how you feel about your other job or how much it pays. Here's another thread you might check out:

http://www.microstockgroup.com/general-stock-discussion/would-you-consider-going-fulltime-on-$200-a-weekday/


Ignore | Logged


SIFD

New Member


« Reply #6 on: June 30, 2010, 10:46 »

I think that puts you in the upper tier of successful contributors. 

i never thought that i could be in the upper tier, my monthly RPI is only $0.7


Ignore | Logged


louoates


Dreamstime GaugeiStock Gauge
« Reply #7 on: June 30, 2010, 10:57 »

In your situation I wouldn't worry about RPI. Everyone's images yield different RPIs. You may just need to produce more images than someone else for the same income. If you believe you can succeed in this business or that you cannot succeed you are absolutely correct.



I think that puts you in the upper tier of successful contributors. 

i never thought that i could be in the upper tier, my monthly RPI is only $0.7


Ignore | Logged


SIFD

New Member


« Reply #8 on: June 30, 2010, 10:58 »

It sounds like you are doing well with stock. I guess it all depends on how you feel about your other job or how much it pays. Here's another thread you might check out:

http://www.microstockgroup.com/general-stock-discussion/would-you-consider-going-fulltime-on-$200-a-weekday/


thank you. funny my 5 days a week full time job only pays $2200 and i always hated it. maybe my problem is that i'm too cautious


Ignore | Logged


SIFD

New Member


« Reply #9 on: June 30, 2010, 11:01 »

In your situation I wouldn't worry about RPI. Everyone's images yield different RPIs. You may just need to produce more images than someone else for the same income. If you believe you can succeed in this business or that you cannot succeed you are absolutely correct.



thank you.


Ignore | Logged


WarrenPrice

Dreamstime GaugeiStock Gauge
« Reply #10 on: June 30, 2010, 11:06 »

I didn't see any mention of how much you are spending to produce, what seems to me, your substantial revenue.  Expenses could change the prognosis considerably. 

But, hating the current job could also weigh heavily on a decision. 


Ignore | Logged


donding



« Reply #11 on: June 30, 2010, 11:26 »

hi guys

I'm new here.

I'm a part time, non-exclusive photographer (thinking about become a full time stocker), i have +/- 5000 pics on SS, DT, FT, 123RF, BigStock, CanStockPhoto, TS, out of this 5000 pics i believe there are quite lot similar ones, there are about 800 pics i consider as "better ones" which are on IS.

my total monthly income about $3500 ($1000 from IS), am i doing ok in this game? how do you find my figures?

thanks

What?Huh You question rather you are doing alright??? Your doing better than most so in my opinion you're doing more than alright, you're doing great!! I'd love to make that as many here would. Wink


Ignore | Logged


Microstock Posts



« Reply #12 on: June 30, 2010, 12:23 »


thank you. funny my 5 days a week full time job only pays $2200 and i always hated it. maybe my problem is that i'm too cautious

Your monthly income from working part time in microstock is a currently $3500 a month! Give up your day job. Go full time as a microstocker. Don't look back. Life's too short to be doing jobs you don't like, especially if you have options.


Ignore | Logged


luissantos84

Dreamstime GaugeiStock Gauge
« Reply #13 on: June 30, 2010, 19:38 »

this kind of topics are getting famous at MSG... 3.5k?? still thinking??


Ignore | Logged


Randy McKown


Dreamstime Gauge
« Reply #14 on: June 30, 2010, 21:43 »

If you want to attack it like a business then forget about what your monthly sales are and look at your monthly, 1/4, year profits. $3500 a month might sound impressive to some people but what goes in your pocket? A person could make a million dollars but if they're operating on a 20% profit then they are actually failing horribly. How much money you bring in doesn't mean anything  ... it's how much you keep.


Ignore | Logged


luissantos84

Dreamstime GaugeiStock Gauge
« Reply #15 on: June 30, 2010, 22:16 »

If you want to attack it like a business then forget about what your monthly sales are and look at your monthly, 1/4, year profits. $3500 a month might sound impressive to some people but what goes in your pocket? A person could make a million dollars but if they're operating on a 20% profit then they are actually failing horribly. How much money you bring in doesn't mean anything  ... it's how much you keep.

of course.. again talking about Yuri? lol


Ignore | Logged


louoates


Dreamstime GaugeiStock Gauge
« Reply #16 on: July 01, 2010, 09:38 »

If you want to attack it like a business then forget about what your monthly sales are and look at your monthly, 1/4, year profits. $3500 a month might sound impressive to some people but what goes in your pocket? A person could make a million dollars but if they're operating on a 20% profit then they are actually failing horribly. How much money you bring in doesn't mean anything  ... it's how much you keep.

Hmmm. 20% of one million sounds an awful lot like a profit of $200,000.


Ignore | Logged


Sign up with Shutterstock
Randy McKown


Dreamstime Gauge
« Reply #17 on: July 01, 2010, 14:44 »

of course.. again talking about Yuri? lol
Well I didn't throw his name in it LOL but it makes for a great example.

Hmmm. 20% of one million sounds an awful lot like a profit of $200,000.

Which can be looked at two ways ... I made $200,000 over the course of an entire year .. or .. Hmmm I just lost $800,000  Huh


Ignore | Logged


louoates


Dreamstime GaugeiStock Gauge
« Reply #18 on: July 01, 2010, 14:56 »

I wonder who could make $1 million with $0 expenses. Wink


Ignore | Logged


sjlocke

iStock Gauge
« Reply #19 on: July 01, 2010, 15:01 »

Speaking of costs, I just saw this on a blog.  $80k just for props and wardrobe?  Out of country models?  Looking at the video, methinks costs may be a wee bit too high.

http://stevecoleblog.com/2010/06/14/production/


Ignore | Logged


lisafx
« Reply #20 on: July 01, 2010, 15:15 »

Ouch!  I am hoping this was assignment work, and not for stock...?


Ignore | Logged


sjlocke

iStock Gauge
« Reply #21 on: July 01, 2010, 15:19 »

Ouch!  I am hoping this was assignment work, and not for stock...?

Assume so, but even so!


Ignore | Logged


gostwyck

Dreamstime GaugeiStock Gauge
« Reply #22 on: July 01, 2010, 15:22 »

Speaking of costs, I just saw this on a blog.  $80k just for props and wardrobe?  Out of country models?  Looking at the video, methinks costs may be a wee bit too high.

http://stevecoleblog.com/2010/06/14/production/


I'd assume he'd been given that as a budget by the client and had simply spent up to it. It certainly wasn't for his Istock port!

Talking production budgets how much do you think it would have cost to have set this one up? All you need is a derelict housing estate in Glasgow, 70,000 litres of paint and about 800 bombs and mortars ... for 60 seconds of footage. Oh, and quite a bit of creative talent too.

Sony Bravia Paint Ad


Ignore | Logged


Randy McKown


Dreamstime Gauge
« Reply #23 on: July 01, 2010, 15:24 »

Speaking of costs, I just saw this on a blog.  $80k just for props and wardrobe?  Out of country models?  Looking at the video, methinks costs may be a wee bit too high.

http://stevecoleblog.com/2010/06/14/production/


LOL the breakdance camera spin maneuver on the floor was the best part of that vid

I wonder who could make $1 million with $0 expenses. Wink


Everyone has expenses. The point was to look at your profits closely. I run a pretty standard business model and if I'm spending $800,000 on expenses then that means I'm looking at generating a $40 million income for me to be meeting the percentages in my business plan. You spend money to make money .. that's one of the best rules ever but it was never meant to be taken as you spend a ton of money just to make a little of it back. That's called losing money.

Put it this way, if I give you a million dollars and you take it to the casino and and hour later walk out the door with 200K in your pocket ... did you make a wise decision or a foolish one?


Ignore | Logged


sjlocke

iStock Gauge
« Reply #24 on: July 01, 2010, 15:29 »

I'd assume he'd been given that as a budget by the client and had simply spent up to it. It certainly wasn't for his Istock port!

I dunno, I guess.  I don't have a lot of experience with assignment work.  I just looked at it saying "What props?  An $80,000 couch?" and "Don't they have women in Atlanta?" Wink.  17 people for a studio lifestyle shoot just seems cwazy.


Ignore | Logged


Microstock InsiderArt portfolio websites - Foundmyself
Pages: [1] 2 3 4 Print 
« previous next »
Jump to:  


Related Topics
Subject Started by Replies Views Last post
Getting started in Micro Stock
General Stock Discussion
leaf 16 2939 Last post April 22, 2006, 02:17
by leaf
Micro Stock Watcher « 1 2 3 »
General Stock Discussion
tristinh 52 7290 Last post February 16, 2007, 14:00
by Photosgraphis
What would you like in Micro stock? « 1 2 »
General Stock Discussion
Jabber 39 3093 Last post May 07, 2010, 01:20
by cascoly
Image theft not limited to micro-stock
General Stock Discussion
louoates 8 992 Last post July 20, 2010, 15:24
by cclapper
Article on DPReview with micro-stock photo
General Stock Discussion
Megastock 9 471 Last post November 03, 2011, 15:06
by RacePhoto

TinyPortal v1.0.5 beta 1© Bloc