Author Topic: Earnings projection (Read 9706 times)

Francisco · « **on:** July 10, 2018, 22:46 »

Hi there everyone
Guys, I'm trying to develop a way to know my profits projection based in some data.
I just designed a very short questionnaire that I think will help me (and lately all of us) to try some advanced statistics based on your answers.
You WON'T have to type any kind of personal information. So you can be completely sure your answers will be anonymous.
Would you main to help me and answer the form?
If so, try to do it in the most accurate way, please.

So far, I've posted this in some other FB groups and I already have 20 answers, for this to be worth, I'll need more than 150. A friend of mine told me about this group and here I am, looking for your help.

I really appreciate your time. If you have a further question I'll be willing to answer.

The form is here:
https://docs.google.com/forms/d/13HpV8SOz99JMbsa2DiKu5sKfoKvtNvtn-nMN33dCZrQ/edit?c=0&w=1 [nofollow]

SpaceStockFootage · « **Reply #1 on:** July 11, 2018, 01:26 »

I wouldn't bother. Sure, it might give you a 'same city as the ballpark' figure, but it's going to be so inaccurate it's not really worth the effort. The results of the survey might indicate you'll make $1000 a month and you might end up making $100 a month. On the other hand, you might make $5000 a month.

Justanotherphotographer · « **Reply #2 on:** July 11, 2018, 04:15 »

I'm game, could make for some interesting discussion. it is a very short survey without any detailed info so no harm.

I disagree that there aren't patterns to this. There have been a articles from third party software providers that identify trends in the way image income consistently deteriorates over time across a portfolio.

The video market is probably too young and evolving for the same kind of analysis though.

Pauws99 · « **Reply #3 on:** July 11, 2018, 09:27 »

While it might be of interest I think it would be more productive to look at your own earnings pattern and delve into that.....too many variables in other peoples experiences to draw much meaning....you can look at SS quarterly figures which give some overall figures and analyse those too.

niktol · « **Reply #4 on:** July 11, 2018, 09:43 »

a) your own data will have much more value than data from random volunteers.
b) You're asking all the wrong questions, so advanced statistics won't help

Pauws99 · « **Reply #5 on:** July 11, 2018, 10:03 »

Quote from: Justanotherphotographer on July 11, 2018, 04:15

I'm game, could make for some interesting discussion. it is a very short survey without any detailed info so no harm.

I disagree that there aren't patterns to this. There have been a articles from third party software providers that identify trends in the way image income consistently deteriorates over time across a portfolio.

The video market is probably too young and evolving for the same kind of analysis though.

Third party sellers would say that....my believe is the future of Mstock is too uncertain to make any Time Series analysis likely to have any accuracy. Personally I would guess images lose 20% of their value per year. I doubt all the analysis in the world would be any more accurate simply because the future is a guess.

Francisco · « **Reply #6 on:** July 12, 2018, 00:12 »

Quote from: SpaceStockFootage on July 11, 2018, 01:26

I wouldn't bother. Sure, it might give you a 'same city as the ballpark' figure, but it's going to be so inaccurate it's not really worth the effort. The results of the survey might indicate you'll make $1000 a month and you might end up making $100 a month. On the other hand, you might make $5000 a month.

Thank you for perception.
But, I took that perspective into account. That's why I need a big amount of answers.
And finally, I am not trying to answer that question. It goes beyond. I promisse I will post the results as soon as I have a report.
Once again, thank you very very much for your cooperation. I really appreciate that.

Francisco · « **Reply #7 on:** July 12, 2018, 00:15 »

Quote from: Pauws99 on July 11, 2018, 09:27

While it might be of interest I think it would be more productive to look at your own earnings pattern and delve into that.....too many variables in other peoples experiences to draw much meaning....you can look at SS quarterly figures which give some overall figures and analyse those too.

You are totally right. I WOULD LIKE to have a look at my own stats. But, Shutterstock answers are ...useless... (if I try not to use swear words).
I asked them the same information i am asking here, but they are very -unhelpful- and -unkind-.
That's why I have to do this, this way.

Any way, thank you very very much for taking your time to fill the little form.

Francisco · « **Reply #8 on:** July 12, 2018, 00:16 »

Quote from: niktol on July 11, 2018, 09:43

a) your own data will have much more value than data from random volunteers.
b) You're asking all the wrong questions, so advanced statistics won't help

Thank you.
I agree My own data would help. I already explained that to another person.
But, it catches my attention, why do you say b) ?

Francisco · « **Reply #9 on:** July 12, 2018, 00:24 »

Quote from: Francisco on July 10, 2018, 22:46

Hi there everyone
Guys, I'm trying to develop a way to know my profits projection based in some data.
I just designed a very short questionnaire that I think will help me (and lately all of us) to try some advanced statistics based on your answers.
You WON'T have to type any kind of personal information. So you can be completely sure your answers will be anonymous.
Would you main to help me and answer the form?
If so, try to do it in the most accurate way, please.

So far, I've posted this in some other FB groups and I already have 20 answers, for this to be worth, I'll need more than 150. A friend of mine told me about this group and here I am, looking for your help.

I really appreciate your time. If you have a further question I'll be willing to answer.

The form is here:
https://docs.google.com/forms/d/13HpV8SOz99JMbsa2DiKu5sKfoKvtNvtn-nMN33dCZrQ/edit?c=0&w=1 [nofollow]

I want to thank all the people that have participated so far.
I appreciate it. So far I have 10 more answers.

To solve some doubts: I won't do time series. I'll do multiple correlation analysis with some different strategies. If you wish to know more about, I may try to do a small tutorial about this and how it works.

Of course. It would be better if I use my own data. But it has not been possible for me to find this data with shutterstock, Which is the main enterprise I sell my pictures. Stats here are S*itty. And they don't help you to much (and that makes me a bit angry).

Anyway guys. Thanks a lot. I'll keep working on this.

Pauws99 · « **Reply #10 on:** July 12, 2018, 00:48 »

Correlation etc is a way of doing time series analysis. The point is though whatever sophisticated method you use if the base data is flawed and the future is not a continuation of the past then the results will be pretty doubtful.

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Author Topic: Earnings projection (Read 9706 times)

Francisco

SpaceStockFootage

Justanotherphotographer

Pauws99

niktol

Pauws99

Francisco

Francisco

Francisco

Francisco

Pauws99

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