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Author Topic: How Much Should New Contributors Expect to Earn?  (Read 6222 times)

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« Reply #25 on: May 07, 2015, 23:02 »
0
I've been talking in some other posts about new contributors earnings and how very few people probably even make what's considered minimum wage where this law exists. I posted this back in 2010 about expectations for newer contributors and I think it still applies. The people who responded said it was pretty accurate. That was when the average return per image per month (ARPIPM?) was around .25 cents US. I'd say it's closer to .10 cents now.

I think the one thing that may have changed is acceptance rates. Standards we're a lot tougher back then. Now I think the average rejection rate may be lower. Even so, it would change the per hour rate only by cents.

If you do well, build up a few thousand sellable images, and get to 100% approval, over time the recurring revenue will start to boost the hourly rate.

------------------->

For someone who just got a DSLR and is learning the ropes here are some measurable expectations.

So, on average

    About 5% of the images you shot will be sellable
    You spend 30 minutes per image in an image editing program like Photoshop doing post-processing, keywording, etc
    You start with about a 20% acceptance rate, 80% rejected
    You earn .25 .10 cents US per accepted photo per month

So let's say...

    You spend two days, about 16 hours, shooting 2000 images
    You select 100
    100 images x 30 minutes processing each = 50 hours
    Because of poor focus and other issues you find only 80 are usable
    You submit 80 images
    16 images get accepted (20% acceptance rate)

So for your 16 approved images

    Youve worked 66 hours that month and 16.5 hours per week
    Youve earned $4 $1.60 for the month and $1 .40 cents for the week (.25 .10 cents per accepted photo per month)
    Based on a 40 hour work week, youve earned .02 .10 cents US per hour for your efforts


ETA: Corrected a calculation

did you base this on one agency only? considering this data you made is for NON-exclusive photographs.
can i multiply this to the 10 agencies i signed up for?, say 7agencies coz 3 are duchebags :D


PaulieWalnuts

  • On the Wrong Side of the Business
« Reply #26 on: May 08, 2015, 17:00 »
0
No, that covers the agencies most people try submitting to which are the top 12 toward the right side of this screen in the Microstock Poll Results. If you only submit to one then, well, good luck.  ;)

And again, this is for a newbie who is amateur photographer. Your results may vary.

If you're exclusive somewhere it will vary widely so this is just a general.

« Reply #27 on: May 08, 2015, 23:45 »
+2
The problem is only partly what a beginner could make.  The real problem is the trend.  If I had the portfolio I have now in 2008 I'd be making probably 10x what I make now.  So a beginner today might be able to squeeze out minimum wage but in a year or two it'll be half that.

« Reply #28 on: May 09, 2015, 00:19 »
+1
Paulie, you forgot to factor in the time spent in uploading those photos, which for some sites (especially iStock) is considerable. Say it takes seven minutes per image, that adds another 10 hours or so onto the production time.  If the process ended when the image was processed it would be significantly easier than it is.


 

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