Agency Based Discussion > Envato

Envato Elements New Earning Opportunity.

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Jo Ann Snover:
In addition to all the caveats above, you have to decide if you think this will work in the medium to longer term, even if you make something decent in the short term.

They are pitching that it's a limited group who will participate - because they know if they take in too many videos it'll dilute earnings. But if this package is appealing, buyers will want more choice of videos which will encourage Envato to include more content, which will dilute your earnings.

Where are these new buyers coming from? Where could they be coming from? There is a market for video, but how is that going to suddenly enlarge because of their marketing and promotion? I doubt that it will, which means that they're either cannibalizing their own sales or stealing from another agency. There's no magic here.

I'm sure those quotes are genuine from the early participants, but would you bet you'll see the same type of enthusiasm?

Bottom line is that your interests and the agency's interests will not be aligned - they will want more buyers and don't care about how many videos are in the pool. You will want to sustain your earnings by keeping the pool of videos limited. It won't end well for contributors, IMO.

flywing:

--- Quote from: stockman11 on April 28, 2019, 20:46 ---Agencies sure like the word "exciting". Like they all went to the same "how to convince contributors into anything" class.

--- End quote ---

Or use the same writing assistant tool.  ::)

everest:
I received it and declined. It would be terribly unfair to sell my clips for 199$ at some agencies and at the same time dozens of those files could be downloaded for a couple of dollars on Elements. Now if you are only on P5 and selling your clips for 5$ each you might consider it......

Lizard:
Until one day you get something like:

Over the coming weeks we’ll be removing your portfolio as part of our clean up process.
If you are interested in selling with us in the future, you’ll always be welcome to reapply when we reopen applications to the public (we hope you do).

Unfortunately while doing my agency clean up process I removed them from my upload list for next couple of decades 

 ;D

SpaceStockFootage:
My Elements sales have gradually increased every month for the past 12 months, so whatever they're doing with regards to the 'bringing in more buyers vs bringing in more content' situation... it definitely seems to be working.

I've actually generate more revenue on Elements with my stock footage, than I ever did on VideoHive... so although my VideoHive sales have experienced a small drop, the revenue from Elements more than makes up for it. Previous annual sales were about $5K before Elements... currently around $12K with Elements and VideoHive. 

From a "you'll be contributing to the end of civilization as we know it" kind of standpoint... that's up to you whether you want to climb aboard. But as Elements has been around for quite some time, and doesn't seem to be going anywhere any time soon... you're currently experiencing all of the downsides of Elements (cannibalization of VideoHive sales) without any of the up sides (more money!). Plus you get the monthly bonus shared from people who haven't downloaded anything. It's between $200 and $300 a month, no matter how many items you have.

So, whatever you may feel about subscriptions, Elements definitely seem to be the lesser of several evils. Take Motion Array for example... with multiple use licenses and an 'everyone is welcome' approach... my sales have gone down nearly every month for the last year. With Elements... their single use licencing, and limited number of contributors... my sales have gone up every month for the last year. 

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