pancakes

MicrostockGroup Sponsors


Poll

Poll - How much gross income did you earn doing stock in 2015 for all agencies, for all file formats?  

$1-$500
32 (13.6%)
$500-$1000
10 (4.3%)
$1000-$5000
48 (20.4%)
$5000-$10,000
34 (14.5%)
$10,000-$20,000
36 (15.3%)
$20,000-$40,000
26 (11.1%)
$40,000-$60,000
19 (8.1%)
$60,000-$80,000
6 (2.6%)
$80,000-$100,000
6 (2.6%)
$100,000-$150,000
4 (1.7%)
$150,000-$200,000
2 (0.9%)
$200,000-$250,000
4 (1.7%)
$250,000-$500,000
2 (0.9%)
> $500,000
4 (1.7%)
> $1,000,000
2 (0.9%)
> $1,000,000,000
0 (0%)

Total Members Voted: 225

Author Topic: Poll - How much gross income did you earn doing stock in 2015?  (Read 14390 times)

0 Members and 1 Guest are viewing this topic.

« on: February 27, 2016, 22:02 »
+4
In the other poll (http://www.microstockgroup.com/general-stock-discussion/poll-earning-per-photo-per-year/new/#new) I did recently I saw all these people that were making more money per file per year than me and so I started wondering just how much gross income did other people make last year, 2015?


« Reply #1 on: February 28, 2016, 03:35 »
0
no one knows their gross income

« Reply #2 on: February 28, 2016, 03:51 »
+4
no one knows their gross income
I would have thought its about the easiest thing to know? Whats your interpretation of the term? "total revenue received before any deductions or allowances, as for rent, cost of goods sold, taxes, etc. Also called gross revenue."

« Reply #3 on: February 28, 2016, 04:13 »
0
right i thought you meant gross earnings.

« Reply #4 on: February 28, 2016, 04:18 »
+9
Can you please add >1,000,000

Chichikov

« Reply #5 on: February 28, 2016, 04:20 »
+1
no one knows their gross income

I would have thought its about the easiest thing to know? Whats your interpretation of the term? "total revenue received before any deductions or allowances, as for rent, cost of goods sold, taxes, etc. Also called gross revenue."


What you are speaking about is called total revenue not gross income.

no one knows their gross income


I think that you are right, as gross income = total revenue cost of goods sold the thread title should have been "How much total revenue did you earn doing stock in 2015?"

http://www.investopedia.com/terms/g/grossincome.asp
« Last Edit: February 28, 2016, 04:25 by Chichikov »

« Reply #6 on: February 28, 2016, 04:36 »
+2
Yes seems I may have been wrong......it sometimes happens.....though there are different definitions on the web ;-). Though its still not hard to calculate.......Gross Revenue is better I think as diffeerent people may well take into account different cost elements.


« Reply #7 on: February 28, 2016, 05:20 »
+1
500,000 seriously??? :P

Chichikov

« Reply #8 on: February 28, 2016, 06:05 »
0
Yes seems I may have been wrong......it sometimes happens.....though there are different definitions on the web ;-). Though its still not hard to calculate.......Gross Revenue is better I think as diffeerent people may well take into account different cost elements.

It seems that they use a different terminology depending on whether one speaks of a company, a private individual, an individual entrepreneur, etc
It is a way to make things more complex for better u*k you with taxes :D

« Reply #9 on: February 28, 2016, 07:09 »
+27
I think we all know, what he meant, but ofcourse everybody has to add their cup of smart-assnes to this topic.

« Reply #10 on: February 28, 2016, 08:30 »
+1
I think that you are right, as gross income = total revenue cost of goods sold the thread title should have been "How much total revenue did you earn doing stock in 2015?"

Well, technically as a stock photographer I would say our "cost of goods sold" is by definition 0. Because all efforts we make are investments to future sales but not directly related to the sale itself. The only ones among us who actually have "cost of goods sold" are the ones who sell directly and pay transaction fees or have customer support related efforts.  ;)

« Reply #11 on: February 28, 2016, 09:06 »
+1
So far, the $40,000-$60,000 range seems to be a kind of a plateau which is difficult to cross...

Chichikov

« Reply #12 on: February 28, 2016, 10:07 »
0
I think we all know, what he meant, but ofcourse everybody has to add their cup of smart-assnes to this topic.

It is not a question to "add (a) cup of smart-assnes", it is a question to use the right terminology, to call a cat a cat, period.
With speeches like your we can say any thing and pretend that it means any thing

« Reply #13 on: February 28, 2016, 11:24 »
+2
I think that you are right, as gross income = total revenue cost of goods sold the thread title should have been "How much total revenue did you earn doing stock in 2015?"

Well, technically as a stock photographer I would say our "cost of goods sold" is by definition 0. Because all efforts we make are investments to future sales but not directly related to the sale itself. The only ones among us who actually have "cost of goods sold" are the ones who sell directly and pay transaction fees or have customer support related efforts.  ;)
Nope "The cost of sales is the accumulated total of all costs used to create a product or service, which has been sold." so its the cost to create the product.....help this is turning to an accountancy forum :'(

« Reply #14 on: February 28, 2016, 11:46 »
+2
Can you please add >1,000,000
Would anyone earning over a million really be bothered to complete the survey? If it was me I would be far too busy spending it or creating more images.

« Reply #15 on: February 28, 2016, 11:57 »
+7
Can you please add >1,000,000
Would anyone earning over a million really be bothered to complete the survey? If it was me I would be far too busy spending it or creating more images.

I stop by sometimes just to see how the lower classes are doing  8)

« Reply #16 on: February 28, 2016, 14:59 »
0
Over 1 million? In microstock? Wow.  :o


« Reply #17 on: February 28, 2016, 15:17 »
+3
Over 1 million? In microstock? Wow.  :o

Of course not seriously. It's called humour, people see that button and have to click it because they know it'll create a stir, which will amuse them. And although I asked for that button it wasn't me who clicked it. It can only have been Yuri

« Reply #18 on: February 28, 2016, 18:08 »
+2
Over 1 million? In microstock? Wow.  :o

Of course not seriously. It's called humour, people see that button and have to click it because they know it'll create a stir, which will amuse them. And although I asked for that button it wasn't me who clicked it. It can only have been Yuri


Although i guess it isnt impossible, i think it is highly improbable. I figured it was a joke.  ;)

« Reply #19 on: February 28, 2016, 19:25 »
+3
Over 1 million? In microstock? Wow.  :o

Of course not seriously. It's called humour, people see that button and have to click it because they know it'll create a stir, which will amuse them. And although I asked for that button it wasn't me who clicked it. It can only have been Yuri


Although i guess it isnt impossible, i think it is highly improbable. I figured it was a joke.  ;)

Who is to say that anyone who puts $40K in the poll is being any more honest than someone who puts in $1M?

Polls like these are about as useful as noobs asking how much money they can expect to make with 500 images.

Hongover

« Reply #20 on: February 28, 2016, 20:59 »
+1
Over 1 million? In microstock? Wow.  :o

Of course not seriously. It's called humour, people see that button and have to click it because they know it'll create a stir, which will amuse them. And although I asked for that button it wasn't me who clicked it. It can only have been Yuri


Although i guess it isnt impossible, i think it is highly improbable. I figured it was a joke.  ;)

Who is to say that anyone who puts $40K in the poll is being any more honest than someone who puts in $1M?

Polls like these are about as useful as noobs asking how much money they can expect to make with 500 images.

40K is quite achievable, even in 2016. 2015 was my first year in Microstock and I see that number as being very achievable in a year or 2.

« Reply #21 on: February 28, 2016, 21:50 »
+4
Over 1 million? In microstock? Wow.  :o

Of course not seriously. It's called humour, people see that button and have to click it because they know it'll create a stir, which will amuse them. And although I asked for that button it wasn't me who clicked it. It can only have been Yuri


Although i guess it isnt impossible, i think it is highly improbable. I figured it was a joke.  ;)

Who is to say that anyone who puts $40K in the poll is being any more honest than someone who puts in $1M?

Polls like these are about as useful as noobs asking how much money they can expect to make with 500 images.

40K is quite achievable, even in 2016. 2015 was my first year in Microstock and I see that number as being very achievable in a year or 2.

My point wasn't that it isn't achievable. Just that the poll isn't necessarily believable.

« Reply #22 on: February 28, 2016, 22:55 »
+2
Over 1 million? In microstock? Wow.  :o

That guy cannot have any time to come here and vote.

« Reply #23 on: February 29, 2016, 11:17 »
+3
Over 1 million? In microstock? Wow.  :o

Of course not seriously. It's called humour, people see that button and have to click it because they know it'll create a stir, which will amuse them. And although I asked for that button it wasn't me who clicked it. It can only have been Yuri

I know of 4-5 people who were making that 2 or 3 years ago, and those are only people I know of. Not sure if they are making that now though.

« Reply #24 on: February 29, 2016, 12:00 »
+4
40K is quite achievable, even in 2016. 2015 was my first year in Microstock and I see that number as being very achievable in a year or 2.

Here's the problem... it may look achievable today based on your RPI, RPD or however you're measuring and projecting your output and expected revenue.

But tomorrow will be vastly different.  In a year or two, there may be two or three times as many competing images at the agencies as there are today.  Unless you're doubling or tripling your own port size every year, there's no hope at maintaining growth in revenue at the rate you're growing it today.

It's known as "the Wall" and it used to hit microstockers after several years, but at the current pace of growth of supply at the agencies, even rookies are seeing "the Wall" come down very quickly after starting their own ports. 

It's all a numbers game, and it's one we simply can't win.


 

Related Topics

  Subject / Started by Replies Last post
20 Replies
8509 Views
Last post June 27, 2008, 00:28
by ann
191 Replies
53849 Views
Last post November 10, 2010, 14:51
by Fibonacci
3 Replies
2116 Views
Last post March 20, 2013, 03:26
by gillian vann
95 Replies
22481 Views
Last post August 03, 2016, 15:38
by madman
7 Replies
2681 Views
Last post December 07, 2016, 12:53
by Giveme5

Sponsors

Mega Bundle of 5,900+ Professional Lightroom Presets

Microstock Poll Results

Sponsors

3100 Posing Cards Bundle