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Messages - stockmarketer
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151
« on: December 09, 2014, 21:24 »
For me, DT is my second highest earner. Sales have been holding steady, but I've noticed that RPD has been steadily falling for the past two years.
I'd say FT is the one dying. They used to be my #2, and now they're #4. (#3 is 123RF, and we all know who #1 is.)
152
« on: December 03, 2014, 07:23 »
Compared to...
Oct 2014: Down 10% Nov 2013: Same almost to the dollar
While this looks better than the results other veterans have posted here, I'm still disappointed.
I uploaded way more in 2014 than any other year. And I've completely revised my strategy for picking subject matter. In 2014 I've been much savvier than I've been in prior years, in terms of finding new niches and keywording.
So this year taught me that if you double your output, and make great strides in improving your workflow and how you choose subject matter, you MIGHT only see a modest decline.
Not the results I wanted to see, not by a long shot.
153
« on: November 10, 2014, 13:18 »
From this page: http://www.photoshelter.com/lattice/faqWhat happened to my watermark? For the best image viewing experience, Lattice does not use watermarks on images. Your name/copyright and filename will appear on all of your images upon mouse hover (or persistently on touch devices). Moreover, when a user clicks to enlarge an image, they are presented with your name, the image name and description, a link to your website, the option to email you directly and even directly purchase or license the image (if youve priced it in your PhotoShelter account). To further protect your images, weve enabled PhotoShelters Image Theft Guard across the Lattice platform, which prevents people from right-clicking to save your image or attempting to drag it to their desktop. (Of course, everyone who knows how to do a screen capture can easily bypass these "protections")
154
« on: November 09, 2014, 07:27 »
Here's the thing that scares the crap out of me...
Look at the chart for "Historical Operating Metrics"...
The rate of growth in the image collection has been accelerating at a frightening pace.
From Q3 to Q4 2012, the collection grew by 7.4%. That rate of increase steady rises from quarter to quarter, and in the most recent period, from Q2 to Q3 2014, the collection grew by 10.0%.
THIS is why we're making less and less while we upload more and more. Unless you're an uploading machine, you cannot keep your port growing at the accelerating rate of the overall collection.
If this trend continues, most of us will watch our SS earnings continue to dive no matter how hard we work.
Very discouraging stuff, and it's making me question how much blood, sweat and tears I will continue pouring into microstock.
155
« on: November 06, 2014, 21:18 »
Could the DPC program be the root cause?
No, otherwise other sites would also be lower. But for me, CAN is the only site that has been dropping lately, and it's a pronounced drop vs other sites experiencing pronounced rises. There's something going on at CAN (like a search change, or a cut in marketing/advertising) or to CAN (maybe Google is showing them lower in results?)
156
« on: November 06, 2014, 21:18 »
Could the DPC program be the root cause?
No, otherwise other sites would be lower. But for me, CAN is the only site that has been dropping lately, and it's a pronounced drop vs other sites experiencing pronounced rises. There's something going on at CAN (like a search change, or a cut in marketing/advertising) or to CAN (maybe Google is showing them lower in results?)
157
« on: November 06, 2014, 11:17 »
I've been wondering the same thing. In mid to late October my sales at CAN started to slide. I'm seeing around half the sales I'd normally see each day. Up until then I would have called them a solid performer, neck and neck with 123, BigStock and DP. Now CAN has fallen by half, while the other three have stayed steady or increased.
158
« on: November 03, 2014, 00:30 »
Brace yourselves for the clawback that is going to come.
Did the clawback just happen? Anyone else notice their sales for the past few days take a big leap backward? Here's hoping that's just a temporary part of the "bug."
159
« on: October 24, 2014, 14:35 »
.
160
« on: October 22, 2014, 23:51 »
I'm seeing consistency this month... none of the flipping of a switch stuff that others are mentioning. I don't believe SS made any changes this month. I would see it in my data, and it's just not there.
I wonder if it depends on your volume? I'm guessing the more you sell the less likely you see wild fluctuations.
One cause for someone seeing crazy ups and downs... sometimes a single buyer will buy several of your images at once. You might have multiple multi-buyers one day and none the next, and that might feel like someone "flipped a switch," but in reality it's just normal for SS.
161
« on: October 07, 2014, 16:41 »
RPI means nothing in my opinion. Let's take two photographers - one is doing complicated studio shot with a lot of lighting and retouching work, the other is lifestyle or street photographer making dozens of pictures at the same time. They both earn the same amount of money for the same time and work invested. The first one with one picture, the other with ten or fifty. And their RPIs are completely different.
But wouldn't you agree that both these individuals could forecast future earnings by knowing their own RPI and quantity of images produced? Here I figured I have used my RPI to forecast my own growth and set goals, so it's been a meaningful number for me. I guess I've been wrong.
162
« on: October 07, 2014, 16:10 »
you can't make any predictions based solely on reported rpi
what matters is $/mo and that can be achieved with many different strategies; some of those will result in high rpi, others won't. so again, rpi can't be used to answer the question "how many images do I need to make $X"
Huh. That's funny. For my first several years I did exactly what you say is impossible. After my first few months, I figured my average RPI and asked myself, "how much do I want to make and by what date?" I charted it, figured how much I would need to upload each day to reach it... and guess what... in about two years of following this projection, I hit my goal, right when I figured I would. Of course, those were the old days when my port was increasing at a nice percentage in relation to agency sizes, so my RPI held rock steady (it went down in summer and holidays, but I was averaging it out). Now, my RPI is sliding (for reasons stated way above in this thread)... but it's a predictable slide. Now I project out a set decrease in RPI each month and can estimate how much I may make a year or two from now. Of course, if some disaster happens... like Getty buying SS, god forbid... all bets are off.
163
« on: October 07, 2014, 15:24 »
There's something seriously wrong with the results when nearly 50% of voters are claiming more than 40c per image/month ... which itself is nearly 50% higher than Shutterstock's declared average.
Even Sean said he's only generating about 60c per image/month (in a previous thread) so we must have some absolute stock geniuses voting in the poll.
1. I'd say MSG members tend to be more active or more succesful than the average SS contributor. The SS collection includes many bad, unsaleable files (at least from today's perspective). It's not surprising that members of an independent, professional forum will have better results than the average SS member.
2. RPI is not really about how good you are, especially at SS it's more about your position in the search results. Everything gets downloaded as long as it is seen by buyers. If you came to SS recently life is much harder.
I had to smile, because with my skills I might not qualify to set up tripods or lights in the studios of some of the great photographers who shared their results - and yet my RPI at SS is much higher than theirs:) What does it prove? Nothing. I would gladly swap my higher RPI for the total income that they derive from photography.
3. RPI is only useful so that you can realize that if your income grows at all, this growth is not linear, i.e. it doesn't correspond to your portfolio growth. The only constant is that the RPI is dropping and the only conclusion that you can withdraw from tracking it, is that this business is unsustainable (for contributors) and you should face the music and find a real job.
I agree with you on #1 and even on #3 to a degree. But you're off on #2. "Everything gets downloaded as long as it is seen by buyers?" Yes, to be downloaded it must be seen... but if something is seen, that doesn't mean it will be downloaded. I'd contend the higher your RPI, the more you know what customers want and are delivering to those needs. We can gripe that SS' search seems crazy, but face it, they live or die by search... if customers can't easily find what they want, they won't be back. SS knows this, so their main mission is to serve the most relevant results to a customer's search requests. By definition, they're serving up the stuff that the customer will most want to buy. So yes, the search will benefit those best serving the customer's needs. A high RPI -- in relation to the masses -- is absolutely a sign that you're doing things right.
164
« on: October 07, 2014, 11:45 »
How much should my RPI be to make $1000 a month on SS?
That's a very strange question. If you have 1 image your RPI needs to be $1,000 and if you have 1,000 images your RPI needs to be $1.
You can't help me from the poll? How many pictures do I need to make $1000 a month?
 ?? The poll will not help you in personal forecasting. That's not the point of the poll. The poll is to give you an indication of how your SS RPI stacks up against the rest of us here. To find out how many pictures you need to earn $1,000 a month, see tickstock's answer. Calculating revenue involves three numbers: RPI x Number of images = INCOME. Plug in $1000 for income, divide by your current RPI (you would be wise to lower it a bit if you're forecasting long-term), and you get your answer.
165
« on: October 07, 2014, 11:04 »
Despite some claims to the contrary, this thread is one of the most interesting I have seen on the forum in months.
Why?
I know my own RPI on SS and microstock overall. It's a useful tool in my personal forecasting and goal-setting, regardless how anyone else is doing. (And no one can tell me RPI is not useful in my forecasting. That's just a silly argument.)
But the real reason this thread is insightful is because I've always wondered how I'm doing on SS compared to the overall base of contributors. I don't mean in total dollars, because port size varies wildly. And I don't care much about "I'm up 8% on SS this month" or "I'm down 20% this month" because that's just top-level trend info.
This thread has showed me that my RPI is right in the middle or slightly above the average of others here, assuming people are answering accurately. Is that actionable info? Of course not. But if your employer posted a breakdown of everyone's hourly rate, wouldn't you be VERY curious to see it? Of course you would. It wouldn't necessarily change how you work, but it would give you an indication of whether you're doing well or poorly on average compared to your co-workers.
This poll has filled a true gap in market intelligence.
166
« on: October 07, 2014, 10:11 »
Compare uploading to microstock to a gambler in a casino.
The gambler drops $.25 into a slot machine, pulls the handle and crosses his fingers, hoping it will pay off. A lot like uploading an image, no?
Multiply that by 1000. The gambler drops a thousand quarters, pulls a thousand handles and ONE of those pulls gets him a jackpot of $100. Woo-hoo!
If the gambler is smart, he does the math this way: I spent 1000 x $.25, which equals $250. I made $100. My RPP (return per pull) was $100 / 1000 or $.10.
The gambler lost money, obviously. But because he's IRRATIONAL and addicted to gambling, he says, my RPP looks a lot nicer if I just remove those 999 bad pulls from the equation. Now my RPP is $100 / 1, or $100!
He projects that the next day he will return to the casino and do 1000 pulls and now he'll earn 1000 x $100 RPP and earn $100,000.
He's a math genius!
But somehow he's broke. Question to everyone who thinks they can make their RPI look better by removing their poorly-selling images, where did the gambler go wrong? Was he impressing his friends with a high RPP or just fooling himself? Discuss.
167
« on: October 07, 2014, 08:57 »
I was at $.61 for Sept at SS. That's down a fair bit from last Sept. I attribute this drop to the three core factors driving down microstock income for all contributors -- 1) exploding growth of ports at the big agencies and inability for a long-time contributor to grow at the same rate, 2) former IS exclusives dropping the crown and setting up at SS and the other big players, and 3) agency changes such as search changes and new offerings like DPC.
As for RPI as a metric...
Some keep saying RPI is meaningless. I couldn't disagree more.
It's not about bragging rights. It's not "Oh yeah, I could make my number higher by deleting my non-sellers." You NEED your non-sellers in the count because the point is to AVERAGE out your good and bad sellers to determine how much the AVERAGE image will earn you. You have no way of knowing whether today's batch of images will be good or bad sellers, but guessing that they will hit an AVERAGE RPI for your port is the best projection you can make. If you apply an RPI that has been tinkered by removing your bad sellers, that's just foolish.
It's about tracking your performance over time and watching for trends. It's about being able to project future income, setting goals and figuring out how much work you'll need to do to hit those goals. For me, I bake in a continued slide in my RPI due to the three factors named above, and I feel this gives me the most reliable projection for future earnings. There's NO better way to project this, until someone invents a time machine.
168
« on: September 30, 2014, 14:07 »
The whole RPI/RPD discussion is fine and all, but in the context of this discussion, it's kind of pointless, no? The OP is making almost nothing as an iStock exclusive. It doesn't matter what the average RPD at SS is, it's still better than nothing.
Sure, but I think what's in debate is HOW MUCH he might make by ditching the crown and uploading his port to SS. And RPI is the tool you need to figure that. Telling him anything is better than nothing isn't quite as powerful as telling him he should make around $6,000 a month at SS ($.60 RPI x 10,000 pics) PLUS another $6,000 per month on all the other sites combined. That's IF his port is high commercial value, and judging by what he was earning at IS before they imploded, it sounds like that's the case.
169
« on: September 30, 2014, 13:37 »
RPI is probably more important than RPD if you think about dropping exclusivity, the RPI for a given portfolio is pretty hard to forecast! (with RPI I mean RPIO royalty-per-image-online)
This is the metric I would use to judge performance too.
People whose work I know and who oeuvre is similar to mine tell me $0.60+/image/month is about right for SS.
Yes, this is right, but I think only if you have a port full of high commercial value stuff.
170
« on: September 30, 2014, 13:28 »
I had a good month at DT. I had opted into that trial partnership that was so controversial here a few months ago. I haven't heard anything about that since, but perhaps I saw good earnings in September because of it?
171
« on: September 30, 2014, 10:54 »
Up about 10 percent from August, but that's a non-story. We should all expect that. We're going from what is traditionally one of the worst months to one of the best months. If you're not up at least 10 percent from Aug to Sep, there's something seriously wrong.
The bigger story for all of us should be how are we compared to Sept 2013. It looks like I'll be flat, almost to the dollar. Yes, Sept 2013 was a great month, and I'm happy to have a nice chunk of extra income again in Sept 2014, but looking at the month as returns for a business where I invested a lot of my time over the past year growing my port significantly, this is a big disappointment.
As for the agency mix, comparing Sept 2013 to 2014: SS, FT, iS, 123 down slightly or flat. DT up significantly. The rest up slightly.
172
« on: September 22, 2014, 09:17 »
I think for most ms vets and those who make a decent overall ms income, DT is very much still in the Big 4. True, earnings are not what they used to be, but that is true at nearly every agency.
173
« on: September 22, 2014, 09:13 »
Yes, unless you are a newbie with no history for comparison, your microstock returns are probably flatlining or crashing. The reasons:
1. FORMER IS EXCLUSIVES BOLT AND SET UP AT SS AND ELSEWHERE. Veterans point to March 2013 as the month when their SS earnings took a nosedive and never recovered. SS has confirmed that this is when they saw a big increase of contributors who were once IS exclusives. Overnight the total port sizes at SS and other agencies grew enormously, leaving a smaller piece of the pie for everyone else.
2. HUGE INCREASE IN OVERALL COMPETITION. Beyond the flood of former IS exclusives suddenly making their work available everywhere, all the agencies grew their overall image offerings by HUGE amounts. SS went from 25 million to 40 million images in one year. Unless you also grew your own port size by roughly 60% in a year, you probably saw a decline in earnings.
3. RISE OF BARGAIN-BASEMENT SITES LIKE DPC and DP. Customers who might normally pay more at sites like SS and DT are being drawn to agencies where every day is a fire sale. Nightmare scenario is SS, DT and other big players slash their prices to squash these threats and we all see a further 50% drop in earnings overnight.
I was once a hopeful person and thought microstock would give me a sustainable income for many years to come, but those days are LONG GONE.
174
« on: September 16, 2014, 10:27 »
Sales are up vs August (of course!) but not where they should be. I'm still down vs. the first half of Sept 2013, and it's clear why. The amount I was able to grow my port (around 20%) was outpaced by the flood of new uploads to SS and the others. If you can't keep up with this flood, you drown.
175
« on: September 15, 2014, 15:35 »
I've noticed an increase in the past 10 days, for sure. The question is, is this the normal significant increase we would normally see right after Labor Day or is something else happening?
To me, it looks like the typical post-Labor Day bump... same percent increase as the past several years. Are you seeing something that suggests otherwise?
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