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Author Topic: May sales drop dramatically?  (Read 2824 times)

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« on: May 08, 2020, 01:26 »
+1
Hi,
8 days into May and its a whole new world of nothing for me. Its not too early to call because my clear bar is a minimum 100$ in sales every day on SS Alone, including weekends and holidays. Im aware of the new sub model and understand the impact on my earnings. But what I dont understand is the massive Drop in number of sales, its like everything stopped.
During Covid19 March and April sales kept coming and I assumed that with the new sub plan my earnings will take a hit but not my downloads and definitely not that bad.

Im on Stockperformer and I can tell that the entire market is taking a hit because even with my super low numbers my ranking is still in the top 25%, I learned to trust Stockperformer because even in my Best months I was still ranked at 82% meaning bigger earners were with me.

So whats going on? Is it because of Covid-19 slowdown? People are just not buying? Lack of budget?
Algorithm changes wouldnt pull everyone on Stockperformer down (the way I see it).

I would love to hear your thoughts about it, am I missing something?


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« Last Edit: May 08, 2020, 06:03 by Liorpt »


« Reply #1 on: May 08, 2020, 01:31 »
+1
I would like to add that P5 is completely dead for me with 2 sales so far
AS is lower in the same rate as SS
And Vimeo reports a month later so Im blind.

12K clips
6.5K images.


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« Reply #2 on: May 08, 2020, 02:46 »
+3
I'm waiting for the same old replies like "it's the fierce competition", "your work just isn't good enough", "you lost touch with reality", "my sales are fantastic so everything is great", etc...

Those who want to teach this guy some lessons in stock keep in mind that he's talking about $100 a day, on SS alone, not $10 or $1. I have respect for all contributors because I feel for them, we're all in the same boat, well most of us anyway but I do not however have any respect for those who try to lecture others and have nothing to show for (portfolio/sales)

Don't expect any improvement Liorpt! It's a steep downhill for many of us but you must have already known this was coming. Expect some treats now and then to keep you happy and uploading but that's about it.

Take care!

« Reply #3 on: May 08, 2020, 02:54 »
+2
I'm seeing a bit less sales on ss but pond5 and as are on average..obviously the reason is hard to know but i guess covid19 and its economic impact will affect all of us in some way...

« Reply #4 on: May 08, 2020, 05:25 »
+2
I'm waiting for the same old replies like "it's the fierce competition", "your work just isn't good enough", "you lost touch with reality", "my sales are fantastic so everything is great", etc...

Those who want to teach this guy some lessons in stock keep in mind that he's talking about $100 a day, on SS alone, not $10 or $1. I have respect for all contributors because I feel for them, we're all in the same boat, well most of us anyway but I do not however have any respect for those who try to lecture others and have nothing to show for (portfolio/sales)

Don't expect any improvement Liorpt! It's a steep downhill for many of us but you must have already known this was coming. Expect some treats now and then to keep you happy and uploading but that's about it.

Take care!
Thanks for the support.
I wish all the comments here will be BME or solid sales or even normal because then Ill know that i can do something about it, adapt, change style/subject. I know how to adapt to trends and I love it when things are my problem cause its up to me to fix it or get lost. I reacted fast to Covid-19 and got nice sales instantly.

And when I said 100$ a day minimum I meant that even if you take Christmas Day, Labor Day, Easter and 4th of July, put them all on the same day that happens to be on a Sunday during Covid-19 and the entire WWW crash, I will still get at least 100$ a day on SS.

And lastly, its the lack of downloads that bother me, not the small income.

Thanks again for your support and I wish everyone here will get tons of sales, this will be a very very good sign for me.


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« Last Edit: May 08, 2020, 06:05 by Liorpt »

« Reply #5 on: May 08, 2020, 05:37 »
+1
same here, about 50% less earning then usual.

last month was pretty good to me, even better then April 2019

But May is very low.

« Reply #6 on: May 08, 2020, 05:52 »
0
Same here with sales in may at about 40-50% of the "normal" numbers.
(AS and DT are low too for me)

« Reply #7 on: May 08, 2020, 06:19 »
+2
"I wish all the comments here will be BME or solid sales or even normal because then Ill know that i can do something about it, adapt, change style/subject. I know how to adapt to trends and I love it when things are my problem cause its up to me to fix it or get lost" and that rather than whining about unfairness is why you normally achieve very high sales  ;)

« Reply #8 on: May 08, 2020, 07:05 »
+2
@pauws99:
Hmm... I don't see anyone whining here, just sharing information.
But good to see we have guys with your level of wisdom here ;-) Thanks for your helpful comment!

« Reply #9 on: May 08, 2020, 07:47 »
+1
I don't earn anywhere near the number of downloads and $$$ as many do, but there is an absolute clear drop in both downloads / $$$ for the first week of May. I'm just hoping the tide turns for the remaining part of the month. I say I hope for this because I have seen a couple of posts elsewhere which show good sales.

ShadySue

  • There is a crack in everything
« Reply #10 on: May 08, 2020, 08:38 »
0
@pauws99:
Hmm... I don't see anyone whining here, just sharing information.
But good to see we have guys with your level of wisdom here ;-) Thanks for your helpful comment!
You misread Paw's tone.

« Reply #11 on: May 08, 2020, 08:41 »
+5
We are heading into the worst recession of our lifetimes. Advertising spends are going to drop off massively. It takes a month for subscriptions to end, some may even have been downloading more last couple of weeks to make the most of their spend or to stock pile for the lean times ahead shielding us from the impact for a while.

Even facebook etc are reporting drops in ad revenue already.

If you think it's bad now wait a couple of months...

« Reply #12 on: May 08, 2020, 08:51 »
0
We are heading into the worst recession of our lifetimes. Advertising spends are going to drop off massively. It takes a month for subscriptions to end, some may even have been downloading more last couple of weeks to make the most of their spend or to stock pile for the lean times ahead shielding us from the impact for a while.

Even facebook etc are reporting drops in ad revenue already.

If you think it's bad now wait a couple of months...
So, youre saying that the impact for contributors is just now starting to hit?
Sounds logic.
Do you also think that the market will see better days soon because everyone will need marketing/branding clips and images?

By the way, Im a Big supporter of SS, I think they, like us try to figure out how to keep this market alive.


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steheap

  • Author of best selling "Get Started in Stock"

« Reply #13 on: May 08, 2020, 09:10 »
0
I'm maybe down a little over the start of April, but there was the May day bank holidays in Europe, particularly, which gave me a slow start on the first day or two. I don't get $100 a day from Shutterstock, but have enough to see the trends.

But I do agree that this is not going to get better soon although it does depend on your portfolio, I guess.

Steve

« Reply #14 on: May 08, 2020, 09:58 »
0
@pauws99:
Hmm... I don't see anyone whining here, just sharing information.
But good to see we have guys with your level of wisdom here ;-) Thanks for your helpful comment!
You misread Paw's tone.
If I did, I apologize!

angelawaye

  • Eat, Sleep, Keyword. Repeat

« Reply #15 on: May 08, 2020, 10:37 »
0
It's not too bad for me so far. I deleted half my portfolio after they forced the Sensitive Use terms onto our portfolios so I was expecting much worse. It was going down even before the pandemic though.

« Reply #16 on: May 08, 2020, 23:46 »
0
down about 50% from already low year so far - other  troubling signs - junk mail decline giving joy to my mailman and robocalls near zero!


« Reply #17 on: May 09, 2020, 01:19 »
0
@pauws99:
Hmm... I don't see anyone whining here, just sharing information.
But good to see we have guys with your level of wisdom here ;-) Thanks for your helpful comment!
Not on this thread...but if you have been on here a while you will know what I mean. ;)

« Reply #18 on: May 09, 2020, 01:25 »
0
May is going very poor. SS have dropped drastically

« Reply #19 on: May 09, 2020, 02:54 »
0
April dropped off massively to me and May looks to tracking April almost identically.Its 50-60% down on average so far.
Not just on SS but on AS etc.  My AS rank doesnt seem to have changed so im guessing its a theme for most people.

A lot is going to depend on content.  If, like me, most content is travel and outdoor related im guessing not many people or advertisers are buying that or using that content at the moment...

« Reply #20 on: May 09, 2020, 03:10 »
+5
Looking ahead a lot will depend if and by how much companies cut costs and drop their contracts or simply go bust. We may even see a short boost if they buy as much as possible before dropping them. It would be optimistic to put it mildly to think that a world wide recession will not serverely impact this industry in the short/medium term. This situation is pretty unprecedented so anyone's guess how much and how long.

« Reply #21 on: May 09, 2020, 10:43 »
+5
Typing without historical notes here - so my opinion may be all wrong. I think during the 2008 recession the macro stock sales tanked pretty quickly. Big businesses didn't buy the high priced stuff. Micro stock sales went up, at least for a short while, as big business bought the cheaper images. In a sense the whole market shifted down a category and the lower buyers no longer bought.
This time I think the recession hit so fast that the whole stock image market has been hit across the board. As said above, the remaining buyers may be using up the last of the current monthly subscription and then bailing out. So we have a few lingering sales. But with businesses not only short on money, they also have laid off the workers who would otherwise be buying stock images. Projects that need images, buyers to get images, money to buy images, are all gone at the moment. I expect a serious drought of image sales worldwide.

I think the recovery side will be slow. Projects will eventually come back as companies reopen - but at different scale and with much lower spend rates. Employees will eventually come back to make businesses run and to buy images.  However, the budget disaster of temporarily or permanently closed businesses will depress the image transactions for quite some time. Micro stock will start selling before higher macro stock. Though, today, pricing is not as separated as in the past so macro stock will still rise to a fair degree. So the big concern is how long it will take to get companies back open. (Something like 80% of businesses in Ohio, USA, should be open within this month - but we don't know how scared customers will be to visit, while wearing masks and taking precautions).  And then, how long until image needing projects get restarted and purchase money is available. I figure July to August would be early for companies to get their feet back under them and start to make some projections for future projects. Maybe our sales could start a meager recovery as we go into September. Then let's hope the world can avoid a rebound of the virus and another round of shutdowns.

All above is novice guess work on my part. I'm not an economist and do not play one on TV. As an image supplier, I have to cut all arbitrary spending and try to catch up of the recurring bills. When Adobe went to monthly plans, this type of very small business low cash situation was my significant concern to get on board. I keep a fully paid old copy of Photoshop in my computer so I can avoid the recurring fees and still get my editing done.

Brasilnut

  • Author Brutally Honest Guide to Microstock & Blog

« Reply #22 on: May 09, 2020, 11:10 »
0
About 50% down all-for stills. Clips is OK with 3 so far this month (at $20 a piece) so on pace for a good month.

« Reply #23 on: May 09, 2020, 14:32 »
+2
April was good and May is a bit better than normal for me so far, I suppose it's because I adopted to Covid in time as well and managed to achieve good ranking with some files that still last. But the theory about companies downloading more while subscription lasts to "stock pile for the lean times" makes sense to me. Let's hope the upcoming recession won't hurt the microstock industry too bad and won't last too long.

« Reply #24 on: May 09, 2020, 16:27 »
0
I am selling 70% of my usual (video), but I hardly can see any 20$ and up sales.
Most of them are 3-10$


 

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