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Poll

How much money are you bringing in on average per month?

Less than $100
56 (25.1%)
$101-$500
70 (31.4%)
$501-$1,000
36 (16.1%)
$1,000-$2,000
27 (12.1%)
$2,000-$5,000
18 (8.1%)
More than $5,000
16 (7.2%)

Total Members Voted: 202

Voting closed: October 15, 2009, 23:03

Author Topic: How Much are you making?  (Read 21519 times)

0 Members and 1 Guest are viewing this topic.

lisafx

« Reply #25 on: October 09, 2009, 15:08 »
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I am really surprised at the number of people making good money in micros.  This group must be self-selected for serious microstockers :)

It would be interesting to know how long each respondent had been uploading.  I am certain that the low earnings are probably mostly newer members and the higher earnings are probably from more established contributors. 

If you are someone with less than two years at this and making over 5K/month you are surely a genius or the hardest working person alive :D


Dook

« Reply #26 on: October 09, 2009, 16:47 »
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I'm impressed to see the ratio of photographers in the top two categories.

It would be worth pointing out that to be in the top two categories takes a lot of hard work, skill and long hours, otherwise anybody seeing this poll is just going to be suckered into the 'make money from shots sitting on your hard drive' nonsense, add to that fact that the competition is growing and the majority of agencies are doing their level best to pay out as little as possible from the license fees.
I also think that some might confuse the poll for how much their dollar sales total is rather than how much they actually make - big difference!


No, nobody is suckered. After all, we were all driven to microstock by some kind of "advertisement" from stock agencies or their contributors. Everybody has the right to give it a try. I started microstock the same way. I was not aware of hard work etc., but thanks to confusing pools I started doing it. And now I am a regular contributor, at least. One of ten will succeed, and that is a god number.

« Reply #27 on: October 09, 2009, 17:01 »
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It only takes sales into consideration. $5000/month in 3rd world country would be extremely good but in my developed countries it would be enough to live descent life. Also how about cost, which leads us to profit. If I spent $4999 a month to get $5000 I will not be very successful :-)

« Reply #28 on: October 09, 2009, 17:59 »
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But then here in the 3rd world any equipment - from cameras to lenses to computers - is much more expensive (at least when compared to the USA).  But yes, you need to put cost in that account - would you be making more money if you were using that man-hour in another activity?

I could be making a lot more with technical translations - this is something is always high in demand - but it would be less more fun.

Hmm, I wonder if there is a discussion group for technical translators?  Would there be a wilddingo there too? ;D

« Reply #29 on: October 09, 2009, 19:21 »
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If Brazil is supposedly '3rd World' and yet they're in the G20 ... where the bloody hell is the '2nd World'?

PaulieWalnuts

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« Reply #30 on: October 09, 2009, 20:19 »
0

On the other hand, licensing terms in micros should not need to be so flexible - like you buy one image and may use it for several different projects, if complying with some restrictions. That is, to me RF is not what microstock should be about, but single-use licensing for that very small fee. Of course, this is almost impossible to enforce and therefore useless, I'm just talking about the theory.  

I was thinking about single-use licensing earlier.

How did it go from the complex usage-based pricing system of RM to the one-price-unlimited-use model of RF?

And about being enforceable, I think technology has advanced enough for somebody to come up with a way of tracking a pay-per-use limited license. And you're right, the reduced cost of micro should have had a corresponding reduction in usage.

With prices dropping I think at some point someone like Getty may try a new model like this to stabilize pricing.

« Reply #31 on: October 10, 2009, 03:04 »
0
Yea extensive poll would be nice to see again. I don't remember how much people voted last time, but when it will be ready, you should keep the poll thread sticky at the top of MSG for one month or something. Would be nice to achieve 500 votes or more.

there were 244 voters last year.  I will launch the poll at the end of the year - it is sort of a year in summary poll.

traveler1116

« Reply #32 on: October 10, 2009, 10:12 »
0
It only takes sales into consideration. $5000/month in 3rd world country would be extremely good but in my developed countries it would be enough to live descent life. Also how about cost, which leads us to profit. If I spent $4999 a month to get $5000 I will not be very successful :-)

Thats true, I don't make a ton but I can travel around the world breaking even (mostly because my travels are all in the developing world, for instance my hostel tonight costs less than 4 bucks and a meal is 2).  Back home it's a lot less money than here.

ShadySue

  • There is a crack in everything
« Reply #33 on: October 10, 2009, 10:33 »
0
If Brazil is supposedly '3rd World' and yet they're in the G20 ... where the bloody hell is the '2nd World'?
It referred to the Communist Bloc, when there was such a thing.

traveler1116

« Reply #34 on: October 10, 2009, 11:23 »
0
If Brazil is supposedly '3rd World' and yet they're in the G20 ... where the bloody hell is the '2nd World'?
It referred to the Communist Bloc, when there was such a thing.

I think developing world and industrialized nations are more the norm now, correct me if I'm wrong.

« Reply #35 on: October 10, 2009, 12:41 »
0
If Brazil is supposedly '3rd World' and yet they're in the G20 ... where the bloody hell is the '2nd World'?
It referred to the Communist Bloc, when there was such a thing.

I think developing world and industrialized nations are more the norm now, correct me if I'm wrong.

I believe that you are right, these are the politically correct terms these days.
Unfortunately, I have been to parts of this world were 'developing' is a pretty long stretch of the term.

RacePhoto

« Reply #36 on: October 10, 2009, 19:43 »
0
I am really surprised at the number of people making good money in micros.  This group must be self-selected for serious microstockers :)


Have to agree. After looking back at other surveys, how many images and some sales numbers, the forum is, in general, the top 15% of Microstock, and considering some recognizable names and people, probably even a higher ranking for many of the regulars here. That's based on responses to surveys like this one, where you can see the dollar amounts don't match with the general site statistics.

So I'm in good company, but I'm not one of those with the big numbers.  ;D

Over 60% of the IS members have never made $1000 total from their account. Make that two years and you are seeing that people making $500 a year are the top 30%. No I didn't get that backwards, 70% of the people with Micro accounts make less than $500 a year, but here, 43% make over $500 a month!

Take it from here. 27% of the people answering the poll, are making over $1000 a month on Microstock. Now that's pretty darn good.

No complaints. Just pointing out that any survey here is going to be fairly skewed towards the positive side.
« Last Edit: October 13, 2009, 00:39 by RacePhoto »

« Reply #37 on: October 12, 2009, 18:31 »
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Results show that probably 10-15% can actually make a living out of micro. More than 50% are just hobbists trying to subsidize their photography hobby. Rest are probably professionals who are treating micro as additional source of income.

« Reply #38 on: October 12, 2009, 19:18 »
0
Interestingly enough, I just noticed that "iofoto" hasn't uploaded to iStock in a year or so.

« Reply #39 on: October 12, 2009, 19:53 »
0
Interestingly enough, I just noticed that "iofoto" hasn't uploaded to iStock in a year or so.
That is interesting. You would think even if he is off doing something else he would still have lots of material to submit given much fewer allowable submissions slots to iS.

« Reply #40 on: October 12, 2009, 20:01 »
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Interestingly enough, I just noticed that "iofoto" hasn't uploaded to iStock in a year or so.

Or anywhere else. Seems to have pretty much given up on microstock for the time being. Total contrast with Monkey Business though who is still going balls-out __ 300-odd images already this month on DT and averaging nearly 900 per month for 20 months consecutively. Phew!

« Reply #41 on: October 12, 2009, 20:56 »
0
Boy, talk about churning them out!

There's a ton of similars in there though. 
http://www.dreamstime.com/Monkeybusinessimages_portfolio_pg6


traveler1116

« Reply #42 on: October 12, 2009, 21:14 »
0
Boy, talk about churning them out!

There's a ton of similars in there though. 
http://www.dreamstime.com/Monkeybusinessimages_portfolio_pg6


But 64,000 sales at DT in a year and a half is pretty impressive, must be doing something right.

« Reply #43 on: October 12, 2009, 21:18 »
0
Tell me about it. I wish I could get just 3 or 4 of my totally different, proven well-selling, food images from the same series accepted by DT.

DT do seem to have a bizarre inverse-skill in identifying the best-selling ones though __ they'll be the ones they reject. Almost invariably they become the best selling images everywhere else. Hey-ho.

« Reply #44 on: October 12, 2009, 21:41 »
0
I answered the poll.  The only problem I see with it is that honestly if you're making the lower figures you're not spending your time on micro forums because it's not a HUGE part of your life.  If you're here you're more likely to be making money.

« Reply #45 on: October 13, 2009, 03:53 »
0
... where the bloody hell is the '2nd World'?

The good old US of A  ;D

Every time I'm over there and look at the streets and cars and all the infrastructure, I know I'm not in the 1st world anymore..  ;D

*looking for cover under the table now*

« Reply #46 on: October 13, 2009, 04:06 »
0
I answered the poll.  The only problem I see with it is that honestly if you're making the lower figures you're not spending your time on micro forums because it's not a HUGE part of your life.  If you're here you're more likely to be making money.
Totally agree - there are thousands of contributors at low end who never show up here. Though some of high end too :) Yuri is here very seldom, Andres or Kathy are never coming here, as well as other top microstockers. So it's probably more like middle class people gathering here :)

WarrenPrice

« Reply #47 on: October 13, 2009, 11:57 »
0
I answered the poll.  The only problem I see with it is that honestly if you're making the lower figures you're not spending your time on micro forums because it's not a HUGE part of your life.  If you're here you're more likely to be making money.
Totally agree - there are thousands of contributors at low end who never show up here. Though some of high end too :) Yuri is here very seldom, Andres or Kathy are never coming here, as well as other top microstockers. So it's probably more like middle class people gathering here :)


This is pretty much a generalization.  I spend a lot of time here and make very little from stock.  But, I'm retired and have plenty of time on my hands.  Plus, I do learn a little from reading your posts.


gbcimages

« Reply #48 on: October 13, 2009, 12:07 »
0
same here, I'm also retired and make just enough to buy my hunting licenses and few other things. I'm far short of making a living at it . I like to brows the form and see how everyone else is doing.

« Reply #49 on: October 13, 2009, 14:30 »
0
I make enough to buy new equipment to keep up the competition.   I   am slowly
moving into portrait photography.  My next buy would be Calumet Genesis 200 2- light kit.






 

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