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Author Topic: Mad about the stock business.  (Read 7332 times)

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« on: July 19, 2016, 09:53 »
+8
Just for thoughts. Everyone seems mad about  Istock changing rules of the future images sales, not making enough money on images, sells slowing down, the man ( stock sites getting to much money and so on.. You are all right, but here is a way I thought about the business this morning. I have been doing stock for about eight years. I have generated about $70,000 dollars in this time. OK this is not a living but the ROI is really not that bad if you look at it this way. I averaged about 2000 images over those years. Clearly at first less images and now much larger than 2000 images. If you do the  math I have made about  about 35.00 dollars per image over this eight years time. I would say that I get at least three images per photo session. Each photo session  with uploading averages about one hour of time. So making about 105.00 dollars per hour is really not bad as a part time gig. I should get more ROI as the years go on.. Yes my sells have slowed downed also over the last year  even as I increase my portfolio size. So I say to you  close down your Istock accounts . You all  seem to know only  how to complain about this business.    Please close down your accounts as I will continue to make about 105 buck an hour. 


« Reply #1 on: July 19, 2016, 10:13 »
+6
Thanks for that.

Rose Tinted Glasses

« Reply #2 on: July 19, 2016, 10:18 »
+3
A little ray of sunshine. Inspirational.

« Reply #3 on: July 19, 2016, 10:26 »
+3
Long range ideas are always abstract and generate placebo effect despite the fact many here are struggling to see sales figures improving.  The issue is $105 per hour is not a flat statement or a fact that would mean that right now you are earning $105 per hour even when you are sleeping. You are not generating 105$ every passing hour. The reality is everyone is bleeding in this business.

« Reply #4 on: July 19, 2016, 10:31 »
0
08stocko8,  sounds like you want to drop out also. Good for me...no I don't make 105 per hour . I  have made about 105 per worked hour. 

« Reply #5 on: July 19, 2016, 10:31 »
+6
Don't let your Amway distributorship lapse just yet.

« Reply #6 on: July 19, 2016, 12:02 »
+2
Long range ideas are always abstract and generate placebo effect despite the fact many here are struggling to see sales figures improving.  The issue is $105 per hour is not a flat statement or a fact that would mean that right now you are earning $105 per hour even when you are sleeping. You are not generating 105$ every passing hour. The reality is everyone is bleeding in this business.
For most people though their earnings are measured per hour worked so it's a fair statistic. I suspect though the hours worked estimate seems quite low. What we don't know is the longevity of files in the future....personally I'm not optimistic that images will have the same longevity as the past  but I don't KNOW this in fact some of my older images seem to be rising from the dead. And no not "Everyone is bleeding" but many on this site don't like to hear that.

« Reply #7 on: July 19, 2016, 13:05 »
+2
...

« Reply #8 on: July 19, 2016, 13:16 »
0
Pauws99,   I agree that many old images my or may not sell in future. For me most of my photos are quite simple and fast to shot. I shot a lot of food and interesting objects. The food my wife cooks and I eat after the shoot. I don't include her time for cooking.  People have said objects don't sell well but I have had great luck with them . I try to shot the objects that always have room for type in the image. That seems to help with sells.  I also shoot a lot of concepts images. I have had very poor success with models/people. So not shooting models saves me a lot of time and cost. The funny thing for my images some of the old ones as old as eight years old sell well today. Some of my new images seem to never sell. So I am not sure time is a deal breaker in this industrious. If your photos are interesting they tend to sell aged or not. 

« Reply #9 on: July 19, 2016, 13:34 »
+1
Pauws99,   I agree that many old images my or may not sell in future. For me most of my photos are quite simple and fast to shot. I shot a lot of food and interesting objects. The food my wife cooks and I eat after the shoot. I don't include her time for cooking.  People have said objects don't sell well but I have had great luck with them . I try to shot the objects that always have room for type in the image. That seems to help with sells.  I also shoot a lot of concepts images. I have had very poor success with models/people. So not shooting models saves me a lot of time and cost. The funny thing for my images some of the old ones as old as eight years old sell well today. Some of my new images seem to never sell. So I am not sure time is a deal breaker in this industrious. If your photos are interesting they tend to sell aged or not.
I shot with models too had a couple of quite profitable shoots but on the whole not great economic returns...shame cos I quite liked doing them. I need to get better at "concepts" ;-)

« Reply #10 on: July 20, 2016, 05:51 »
0
Thanks for the post,its really helpful for the newbies . newbielink:https://www.photoconcierge.com/ [nonactive]

« Reply #11 on: July 20, 2016, 06:36 »
0
Just for thoughts. Everyone seems mad about  Istock changing rules of the future images sales, not making enough money on images, sells slowing down, the man ( stock sites getting to much money and so on.. You are all right, but here is a way I thought about the business this morning. I have been doing stock for about eight years. I have generated about $70,000 dollars in this time. OK this is not a living but the ROI is really not that bad if you look at it this way. I averaged about 2000 images over those years. Clearly at first less images and now much larger than 2000 images. If you do the  math I have made about  about 35.00 dollars per image over this eight years time. I would say that I get at least three images per photo session. Each photo session  with uploading averages about one hour of time. So making about 105.00 dollars per hour is really not bad as a part time gig. I should get more ROI as the years go on.. Yes my sells have slowed downed also over the last year  even as I increase my portfolio size. So I say to you  close down your Istock accounts . You all  seem to know only  how to complain about this business.    Please close down your accounts as I will continue to make about 105 buck an hour.

You have made 105 bucks an hour because your port is very nice and above average. I helps newbies to get motivated more..

« Reply #12 on: July 21, 2016, 12:01 »
0
Best of Luck Pauws99 and Mj. I am in microstock for long term. I am not going away. I wish to to make that dream money even when I am sleeping. After all, we all need money no matter which hour made that.

« Reply #13 on: July 21, 2016, 13:51 »
+1
I am also tired of so much bitching, moaning, complaining and blaming. It only serves the purpose to bring everyone's energy down. The time people use to bitch and moan, they could use to keyword a few more pictures, or try to learn to make video for sale, or if things look so gloomy, find another source of income.


« Reply #14 on: July 21, 2016, 14:26 »
0
Long range ideas are always abstract and generate placebo effect despite the fact many here are struggling to see sales figures improving.  The issue is $105 per hour is not a flat statement or a fact that would mean that right now you are earning $105 per hour even when you are sleeping. You are not generating 105$ every passing hour. The reality is everyone is bleeding in this business.

phew, at least you didn't write fact as FACT
still, be careful about stating facts or reality

there is a handful of contrarians who will scratch your face with such blanket statement of facts  ;)

« Reply #15 on: August 06, 2016, 08:54 »
+5
I am also tired of so much bitching, moaning, complaining and blaming. It only serves the purpose to bring everyone's energy down. The time people use to bitch and moan, they could use to keyword a few more pictures, or try to learn to make video for sale, or if things look so gloomy, find another source of income.

In this day and age if you don't fight for yourself no one else will.  These companies are constantly taking advantage of, lying to and controlling these contributors.  An agreement (contract) is suppose to be honored, they usually are broken in time.  The treatment of these contributors rightfully create this negativity and they should all be sharing information on the arrogant rich that constantly manipulate them.


 

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