MicrostockGroup Sponsors


Poll

For folks that have been in this business at least 10 years --How many have seen their income drop at least 25% or more from their peak year.

Yes, 25% or more less in my income
30 (76.9%)
No, I am making more or at least maintaining the same income
9 (23.1%)

Total Members Voted: 39

Author Topic: Drop in Income from Highest Years  (Read 1904 times)

0 Members and 1 Guest are viewing this topic.

« on: August 20, 2024, 11:25 »
0
Speaking for myself --my best year was in 2017 and since then it continues to drop even though I keep submitting new images.


« Reply #1 on: August 20, 2024, 12:02 »
+6
My peak year was 2018 when I made about $225K.  Last year, it dropped to $148K, and so far this year, I'm on track for $125K, assuming the second half of the year is about the same as the first. But with SS falling off a cliff lately, I'm not sure if I can accurately project my 2024 earnings.



« Reply #2 on: August 21, 2024, 20:43 »
0
My best was 2017 and it's been all downhill since then

« Reply #3 on: August 21, 2024, 22:43 »
0
My best was 2017 and it's been all downhill since then

A few other folks told me that Shutter did something in 2017 that affected their sales as well. Maybe a search engine change? That was the beginning to the end for many.

« Reply #4 on: August 22, 2024, 00:54 »
+3
My top year was 2012+2013, and now I'm at about 60% down (but retired now, so my main income is pension, not photography).  Still submitting, but at quite a low number of images per year.

« Reply #5 on: August 22, 2024, 08:19 »
+5
My top year was 2012+2013, and now I'm at about 60% down (but retired now, so my main income is pension, not photography).  Still submitting, but at quite a low number of images per year.

same here. I am retired and living off my social security check. I dabble a bit but nothing serious anymore. I ruined a few family vacations but concentrating on stock images instead of spending quality time with my family. I was so stupid back then...

« Reply #6 on: August 22, 2024, 08:45 »
+1
My peak year was 2018 when I made about $225K.  Last year, it dropped to $148K, and so far this year, I'm on track for $125K, assuming the second half of the year is about the same as the first. But with SS falling off a cliff lately, I'm not sure if I can accurately project my 2024 earnings.

You are holding well from the peak.  I'm down over 50% from my peak in 2018-19.  I used to make decent money from my stock videos on Pond5, Shutterstock, StoryBlocks and Adobe Stock back then.  Now Pond5 is the only place I sell my videos.  Are you a stock photo or video producer mainly?  Which agencies do you sell now?

« Reply #7 on: August 22, 2024, 10:40 »
0
From my success days in 2008-2012 I am down 80%, but since I started uploading again my income is increasing. To get back to at least 3-5k a month will take some time and good research.

But it is still possible to increase income.


« Reply #8 on: August 22, 2024, 12:46 »
+1
Are you a stock photo or video producer mainly?  Which agencies do you sell now?

Mostly videos. A few photos. Pond5, ShutterStock, Adobe Stock are my main agencies, but I also put my stuff on iStock and a few others smaller agencies.

« Reply #9 on: August 22, 2024, 20:13 »
+2
Are you a stock photo or video producer mainly?  Which agencies do you sell now?

Mostly videos. A few photos. Pond5, ShutterStock, Adobe Stock are my main agencies, but I also put my stuff on iStock and a few others smaller agencies.

That's impressive.  I stopped selling videos on Shutterstock and AdobeStock when they started the video subs and eventually went 100% Pond5 exclusive, but maybe that was a bad business move.

« Reply #10 on: August 22, 2024, 23:21 »
0
My peak year was 2018 when I made about $225K.  Last year, it dropped to $148K, and so far this year, I'm on track for $125K, assuming the second half of the year is about the same as the first. But with SS falling off a cliff lately, I'm not sure if I can accurately project my 2024 earnings.

Very inspiring data. Perhaps i should do more videos than images.

Extremely impressive results.

« Reply #11 on: August 25, 2024, 13:50 »
0
My best year was 2020.

Ever since then, it's been on the decline. Shutterstock fell off a cliff and this month, I'm on pace to making about 20% of what I used to make on that website.

AS saw some decline, but holding steady for now. The rise of AI and SS's insane yearly earnings reset really did a number on my earnings.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #12 on: August 26, 2024, 12:11 »
0
Only 25%? There could have been more options for this.

Big or small or in between, I'd guess that percentages when the market drops, are fairly similar. I still add new and now and then, something clicks, but easily 50% down, overall, except Adobe, which was higher 2023 than 2022. Every year has been higher since Adobe bought them.

SS down 60%. To be fair, I'm only photo or illustrations, and don't do AI except for entertainment. No video, which probably hurts a bunch.


 

Related Topics

  Subject / Started by Replies Last post
44 Replies
13118 Views
Last post February 04, 2010, 03:15
by ShadySue
59 Replies
26184 Views
Last post March 29, 2019, 16:15
by Uncle Pete
11 Replies
6858 Views
Last post July 23, 2013, 02:00
by MichaelJayFoto
8 Replies
6132 Views
Last post March 29, 2019, 08:15
by quietfall
1 Replies
967 Views
Last post August 20, 2024, 14:46
by Camillo

Sponsors

Mega Bundle of 5,900+ Professional Lightroom Presets

Microstock Poll Results

Sponsors