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Author Topic: Envato Elements New Earning Opportunity.  (Read 2480 times)

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« on: April 28, 2019, 19:53 »
0
Anyone received this? Worth it? Or is it a new way to lower the price of our videos?:


Exciting New Earning Opportunity

You're Invited!
Envato Elements New Earning Opportunity
Youre invited to join Envato Elements for Video Stock. Weve spent countless hours looking at Stock Footage and Motion Graphics on VideoHive in search of our best Authors and think you could be a great fit.
This opportunity represents a great way for you to reach new customers and earn more. In fact, monthly subscriptions & author earnings on Elements are growing steadily. You dont want to miss this!

Why should I consider Envato Elements?

    Be part of a strictly limited, small group of high-quality authors
    As an author on Envato Elements, youll share in 50% of the net revenue from subscribers, divided using the innovative Subscriber Share method
    Experience a whole new revenue stream for your new and existing items
    Reach a new audience, including agencies, marketers, designers & producers
    Marketing & promotion investment from Envato to continuously grow the paying subscriber base. Now is a good time to join!

What others are saying

Here are some examples of what others are saying about their earnings on Elements:

"Wow, better than I thought it would be!

This was more than I was expecting and Im so happy!

Now I really love Elements

I didnt expect this at all! I was surprised how strong Envato Elements starts btw!

Elements is one that is special for me because of the subscription aspect and the pooling of community 'leftovers' in the system. It's something I keep coming back to as an essential component for the community-driven model of Envato.

What do I need to know?
Being part of the Video Stock is an All-In deal, which means we will automatically import all of your Stock Footage & Motion Graphics items from your VideoHive portfolio onto your Elements portfolio. This will happen one time for all of your existing content then on an ongoing basis for all new Video Stock content you upload to VideoHive.

Please let us know if you're interested in this offer and confirm by email you agree to having all your VideoHive Stock Footage & Motion Graphics available on Elements.

Once you agree we will then provide more detailed information on next steps.

We look forward to hearing from you soon & if you have any questions let us know.




« Reply #1 on: April 28, 2019, 20:40 »
+6
Just remember this is a site with a proven record of screwing contributors. Sure you might make good money, or maybe you will contribute to lowering prices or maybe put a lot of effort into it and they will boot you out one day.

« Reply #2 on: April 28, 2019, 20:46 »
+3
Agencies sure like the word "exciting". Like they all went to the same "how to convince contributors into anything" class.

Premium quality for cents are definitely one of those EXCITING news.
« Last Edit: April 29, 2019, 04:45 by stockman11 »

« Reply #3 on: April 29, 2019, 02:37 »
+2
To be fair to Envato if its anything like Elements for images (photos) you do get a generous share in unspent subscription revenue at around $260 per month though the individual sales are very low.

« Last Edit: May 01, 2019, 03:01 by Sammy the Cat »

Noedelhap

  • www.colincramm.com

« Reply #4 on: April 29, 2019, 03:00 »
0
Any "exciting" news in which they try really hard to convince you, should be taken with a bucket of salt.

Agencies also always like to add things like 'reach a new audience' and 'whole new revenue stream' while previous experience has shown that it almost always eats away the current revenue stream.

« Reply #5 on: April 29, 2019, 08:14 »
+1
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.

« Reply #6 on: April 29, 2019, 12:23 »
0
Agencies sure like the word "exciting". Like they all went to the same "how to convince contributors into anything" class.

Or use the same writing assistant tool.  ::)

« Reply #7 on: April 29, 2019, 13:56 »
0
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......

« Reply #8 on: April 29, 2019, 14:59 »
+7
Until one day you get something like:

Over the coming weeks well be removing your portfolio as part of our clean up process.
If you are interested in selling with us in the future, youll 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
« Last Edit: April 29, 2019, 15:02 by Lizard »

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #9 on: April 29, 2019, 23:31 »
+1
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. 

« Reply #10 on: April 30, 2019, 09:47 »
0
Thank you for your opinion, and thanks everyone! It has been very useful!
 ;)

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.


« Reply #12 on: May 01, 2019, 03:14 »
+1
Hi Video1977! Hit me up if you have any questions at all. Elements might not be right for you, but I will certainly shoot you straight and give you as much info as I can to help you make an informed decision. - Josh
Are you considering applications from photographers who were booted a while back?

« Reply #13 on: May 01, 2019, 08:38 »
0
Hi Video1977! Hit me up if you have any questions at all. Elements might not be right for you, but I will certainly shoot you straight and give you as much info as I can to help you make an informed decision. - Josh

Hello Josh! Thank you for your message, I will!

joshsprague

  • I work at Envato! How can I help?
« Reply #14 on: May 01, 2019, 18:06 »
0
Hi Video1977! Hit me up if you have any questions at all. Elements might not be right for you, but I will certainly shoot you straight and give you as much info as I can to help you make an informed decision. - Josh
Are you considering applications from photographers who were booted a while back?

Hi Pauws99, Yes I am more than happy to pass on your portfolio for consideration. :) Here is a short guide as to what we are looking for to best help you decide what you want to send my way for consideration.
https://help.author.envato.com/hc/en-us/articles/360000534186-Commercial-Demand-Guide

email me directly at josh.sprague@envato.com
« Last Edit: May 01, 2019, 19:13 by joshsprague »

« Reply #15 on: May 02, 2019, 05:37 »
0
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.

...exactly as my experience at other agency, what convinced me to ran asap I was able to... in long term it`s bad for us and for agency too... they will get new files when you go away, for sure... but every contributor will experience the same - to many files, so little return(share)... well imagined scheme in short terms, with bankruptcy for both sides at the end...

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #16 on: May 03, 2019, 01:39 »
0
...but every contributor will experience the same - to many files, so little return(share)... well imagined scheme in short terms, with bankruptcy for both sides at the end...

Aren't you just describing stock in general though?

« Reply #17 on: May 03, 2019, 09:23 »
0
... but at normal speed, as long as it lasts... not at full throttle, without B options... :)

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #18 on: May 03, 2019, 10:50 »
0
Which subscription sites do you submit to?

« Reply #19 on: May 03, 2019, 14:23 »
0
... none, I just finished with experimenting... was invited to Envato, but I must admit that I was scared with Elements...

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #20 on: May 04, 2019, 00:40 »
0
Elements is the only subscription site where my earnings have gone up every month. All the others, they pretty much go down every month.

« Reply #21 on: May 08, 2019, 11:30 »
0
Are videos on Videohive reported in real time or once per month? For example, if you go to Videohive/YourUsername/Portfolio, the list of accepted videos show up, and next to them it shows number of purchases. If one would buy one of those videos for example, today, will it show there, or do you have to wait till the 10th of the month or whenever Elements earnings are reported?

« Reply #22 on: May 08, 2019, 12:04 »
0
Are videos on Videohive reported in real time or once per month? For example, if you go to Videohive/YourUsername/Portfolio, the list of accepted videos show up, and next to them it shows number of purchases. If one would buy one of those videos for example, today, will it show there, or do you have to wait till the 10th of the month or whenever Elements earnings are reported?

VideoHive and Elements are two completely different websites, with different systems and staff. No sales numbers are shared between them.

If you make a sale on VideoHive (the marketplace), it shows up right away. Elements sales do not show on VideoHive.

The number of sales on Elements are never shown, only the $ amount for each clip one time per month.

« Reply #23 on: May 09, 2019, 04:42 »
+1
In my opinion, Elements is the best site for my photography and Evato is my very favorite agency. No, my items don't sell for a huge dollar amount, but they are fair to their contributors with their contributor share model. Currently, Elements and Adobe are the only two agencies where I see an increase. So if you are invited to contribute, it is an exciting opportunity. I've been focused on grad school for the last two years and I haven't been uploading like I should, but next week when I start again, my main focus will be Envato Elements. They are my top earner, and in my opinion the only agency that compensates me fairly for the work that I do. I have nothing but praise for their approach.

« Reply #24 on: May 09, 2019, 11:48 »
0
Thanks.


 

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