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Author Topic: How to earn $1,000/month from video?  (Read 888 times)

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« on: November 16, 2020, 15:44 »
0
Hi all, before you all laugh at me for the title of this thread - Please understand it is a candid question and I am searching for some experience-backed answers.

I currently earn around $10,000/month selling stock templates for Photoshop & Illustrator (on my own sites, CreativeMarket, GraphicRiver, Adobe Stock etc). I have been selling templates now for more than 10 years, so I'm no newbie to the world of "stock" itself. However, I have zero experience with image and video.

It's my wife & I's 30th birthdays next year and we are planning a year of travel to celebrate. It got me thinking that it might be worthwhile to pickup a camera and take some stock footage throughout our travels. We'll be covering a wide variety of countries and terrains (from the Nepalese Himalaya down through India and over to Africa), so I figured it'd be an ideal opportunity to build out a varied portfolio of footage.

Typically, when I consider uploading a new type of content, I like to set myself a monthly income goal, and to make it worthwhile carrying a camera with me, I think $1,000/month is a good starting point.
 
So, to get to the meat of my question: How many uploaded items do you think will be required to earn $1,000/month from stock video?

Also, some sub questions:

  • What type of videos sell best in your experience?
  • Is a new Go Pro good enough to shoot stock-worthy video, or should I take a DSLR? (I would like to avoid the bulky DSLR if possible)
  • How long should stock footage be?
  • Where are the best marketplaces to sell stock video?

Thank you in advanced, I appreciate any insights you experienced pros can give me!


« Reply #1 on: November 16, 2020, 18:38 »
+6
Ye gads, stick with your specialty, which youre doing awesome at, and just enjoy your vacation :).

« Reply #2 on: November 16, 2020, 19:15 »
+4
if you earn 10000$ a month with templates keep doing it,you are doing a great job...you won't earn it by selling video,maybe if you started 10 years ago...

« Reply #3 on: November 17, 2020, 03:00 »
+4
Tough question because talent is always the most important success in any creative approach. Next is subject matter and as you would already know researching many posts around here nature and travel are the most oversupplied subjects in stock and also the ones with the lowest returns. That doesn't mean you can not achieve success in than camp but it will be a lot harder and 1000$/month is hard nowadays if you are starting now.

I was making over 10k a month a few years back only from stock photography (not anymore) but when the quick declines accelerated I moved to video (2 years ago) I mainly do now drone video and stills with some footage from the ground and today I am hoovering from 500 to 800$ months from video alone so it is tough (around 3500 clips). It is true that I don't longer supply neither Shutterstock nor Istock at the moment because their rock bottom prices and royalty percentage to contributors so that number would probably be a little higher if I was submitting to them to but I am in for a longer term and sustainable business and those two don't tick my policy.

Templates, music and 3D are much more profitable because the access line is harder. Every Joe and Mary shoots stills and video nowadays with reasonable good quality. The bar has lowered a lot in video and with a 1000 mirrorless camera you can do wonders so as a business point of view I would definitely keep going with templates. If you travel and want to shoot something for the libraries go ahead. A few hundred clips will start to give you a picture of what you can expect from your clips but as I said with travel material don't rise the expectation to high.

And about the question:
What sells best: People doing stuff if in an office environment better. Keep it real.

The new GoPro s are good enough for video but if you want to improve your quality a small mirrorless will give you much better results. The newest fujis have amazing quality and are not that big.

How long: It depends: with drone footage I try to max out my minute but when doing still life, lifestyle etc 10-15 seconds is enough.

Best marketplaces: Pond5 and Adobe at the moment for the big known names. Istock I am not in but hear too many stories about under 1 dollar sales and only 20% is not very enticing.
Shutterstock was before I left my best seller with P5 but their new ultra low prices, subs and with a 15% commission at the start of every year is not very alluring either.
I also have some clips in Envato market (not Elements) and sales are not bad although not at the same levels as P5 and Adobe.
I also submit recently now to Artgrid but still don't have any meaningful number as they pay only twice a years if I am not mistaken.

Enjoy your journey and film and take stills of course but don't get the shooting limit your travel-life experience in any way. I think from an economical point of view it will be not worth it. With a few good templates you will make much more than with hundreds of clips.
I wish I was in your shoes now as I also travel a lot but right with all the countries in lock down mode I have to do studio shots which I really don't enjoy that much.

So all the best and good luck with your trip.


MxR

« Reply #4 on: November 17, 2020, 10:45 »
+5
Ok, but first, answer.... How to earn $10,000/month from templates...?

« Reply #5 on: November 17, 2020, 19:14 »
+3
i made my first template on ph today
10 000 a month
here i come :) :)

« Reply #6 on: November 17, 2020, 21:48 »
0
i made my first template on ph today
10 000 a month
here i come :) :)

Let us know when you get there, okay?

Good luck!

« Reply #7 on: November 17, 2020, 22:09 »
+2
Going to that places and expect to earn 1000/month nowadays its hard.

Best advice: 1) enjoy vacations with your wife.
                    2) During trip shoot moments with both of you.
                    3) edit an film of your trip and give to her as gift.

those are priceless! ;-) 
     

« Reply #8 on: November 17, 2020, 23:47 »
+2
Going to that places and expect to earn 1000/month nowadays its hard.

Best advice: 1) enjoy vacations with your wife.
                    2) During trip shoot moments with both of you.
                    3) edit an film of your trip and give to her as gift.

those are priceless! ;-) 
   

Now that is the very best answer that you, dear CoffeeShopCEO, will ever get to your question.

And I say that as a 74-year-old woman with a husband of 53 years who is not doing well these days. Among our most treasured possessions are the photo albums of our decades of travel together. You will never regret having such things as you grow older.


 

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