Author Topic: Microstock Earnings poll update (Read 9035 times)

leaf · « **on:** March 01, 2010, 08:47 »

The earnings poll on the right has been updated.
http://www.microstockgroup.com/pollsvote/

When you go to vote now, you will be instructed to vote based on how much you earned last month. This should give us more concrete values to compare the site with.

Thanks to everyone for you input in the past about the polls. It is appreciated.

Also, I reset the votes for everyone this month so if you voted already, you will be able to vote again under the new system.

RT · « **Reply #1 on:** March 01, 2010, 09:01 »

I voted under the new system but I'm not sure about the results it's associated with my answers, for instance I earned ten times as much on iS as DT yet it's rated iS as a 10 and DT as a 7, I earned twice as much on FT as DT yet they've both been rated a 7.

Plus if I'm going to be real picky they're isn't enough range in the higher values and too much in the lower values

leaf · « **Reply #2 on:** March 01, 2010, 09:10 »

Quote from: RT on March 01, 2010, 09:01

I voted under the new system but I'm not sure about the results it's associated with my answers, for instance I earned ten times as much on iS as DT yet it's rated iS as a 10 and DT as a 7, I earned twice as much on FT as DT yet they've both been rated a 7.

Plus if I'm going to be real picky they're isn't enough range in the higher values and too much in the lower values

thanks for the input. Yeah - you may be right that we need more variation in the values. I figured most of the votes would be < $100 so I put most of the variation there. The low votes have the same problem though. If you earn $21 on one site and $45 on another you will give them the same rating. The variation will come from lots of people voting. Also, if you are earning 2x more on Fotolia than on Dreamstime there is a good change lots of people have Fotolia ranked at 8 while dreamstime is still at 7 (which is the case for me), which when averaged out will give Fotolia a higher ranking - even though you have them ranked the same.

I guess we can see how it works out.

cathyslife · « **Reply #3 on:** March 01, 2010, 09:36 »

cthoman · « **Reply #4 on:** March 01, 2010, 10:20 »

Nice update.

WarrenPrice · « **Reply #5 on:** March 01, 2010, 10:35 »

Thanks, looks good.
How do the current numbers correlate with past months? Weeks? Are the updates ongoing or as of the first of each month?
Sorry, Just completed the poll and got curious.

leaf · « **Reply #6 on:** March 01, 2010, 10:44 »

Quote from: WarrenPrice on March 01, 2010, 10:35

Thanks, looks good.
How do the current numbers correlate with past months? Weeks? Are the updates ongoing or as of the first of each month?
Sorry, Just completed the poll and got curious.

Things are both ongoing and at the end of each month. The value is a rank of the previous three months and when a new month starts a whole old month is dropped. So when march 1 came around then all the November numbers are dropped. The new results bounce around a little while people put in their votes for last month (February). People can only vote once/month though... so at the end of the month things are pretty set until a new month starts.

UncleGene · « **Reply #7 on:** March 01, 2010, 10:48 »

Suggestion: ratings now have a price tag. It would be nice if we can see this tag (average earnings) on the results (may be a little tricky to calculate, but possible)

leaf · « **Reply #8 on:** March 01, 2010, 10:51 »

Quote from: UncleGene on March 01, 2010, 10:48

Suggestion: ratings now have a price tag. It would be nice if we can see this tag (average earnings) on the results (may be a little tricky to calculate, but possible)

Yeah I agree I should put something in the results giving an idea what the numbers mean - or replacing them entirely. I will do that in the future once we get some votes.

Klauts · « **Reply #9 on:** March 01, 2010, 11:40 »

I think you should remove the arrow trends for this month because it used a different system.

borg · « **Reply #10 on:** March 02, 2010, 06:01 »

I'm sorry that I have to say ...

This new way of statistics in poll does not mean much ...

Portfolios of different sizes indicate different earnings, meaning this would be usable if we all had the same size of the portfolio ...

If Yuri has a $ 900 earnings last month on the IS, it is catastrophic for him ,but$ 900 for me is a more than excellent...

Because of that, We need a relative (percentage) way of calculating this statistics ,not absolute..

The solution is to follow the changes in percentage compared to the previous month...

Example:
0-10% of change is 1 , 10-20%(2), 20-30%(3) etc...

MichaelJay · « **Reply #11 on:** March 02, 2010, 06:09 »

Quote from: borg on March 02, 2010, 06:01

The solution is to follow the changes in percentage compared to the previous month...
Example:
0-10% of change is 1 , 10-20%(2), 20-30%(3) etc...

Well... so one contributor doubles his income from $5 to $10, that would give a 10. And another drops from $5000 to $4500 and would give a -1. How would that system return better results than one working with absolute numbers?

Not to say that ANY system would return perfect results. It doesn't matter what you are counting, it's always the interpretation of the results that matters.

UncleGene · « **Reply #12 on:** March 02, 2010, 11:42 »

At first I was on the same page with borg, but changed my mind. This poll makes real practical sense - it shows average income for particular stock.

BTW, results show what we discussed several times - there is no big 6 (or big 4), there are 2 + 2 + 5 + 3 + N (or, more realistically, 2 (>5) + 2(> 4) + N)

borg · « **Reply #13 on:** March 02, 2010, 11:46 »

But 5 to 10$ is 10 isn't it!
Also if my earnings on SS drops from 200 to 100$ that is not middle or 5, that is disaster!

I was happy same when it was 10-20S, 20-40$ that was big progress for me..

So we can have 1 for -50%,then 2 for-20% etc. isn't point in that, point is in right measure for every portfolio, no matter how its big.

Maybe is best solution to track RPI...

P.S.

As uncleGene said, we have another information there, agency position on the market, so maybe solution is some kind of "sinergy" between position and monthly changes for ever agency.

So, I agree, we need expert for statistic here...

teekaygee · « **Reply #14 on:** March 02, 2010, 12:17 »

I think this new system is much better. If nothing else it will result in everyone reporting consistently based on concrete numbers rather than opinion/perception.

UncleGene · « **Reply #15 on:** March 02, 2010, 14:56 »

I think that we just need two different systems that would cover different aspects
First - current variant of earnings voting, though probably it needs to be a little more fine-grained
Second - RPI (perhaps for I[mages submitted], not I[mages accepted]). It may have similar exponential scale

melastmohican · « **Reply #16 on:** March 02, 2010, 15:08 »

Great change. Still it does not show that for most of people top 4 is 10x more than next tier. It seems like earnings from SS are just 3x better than PantherMedia :-) Maybe you need more points at the bottom of scale which automatically would give higher weight to higher parts.

gaja · « **Reply #17 on:** March 02, 2010, 15:25 »

The new system is an improvement, since it will show a trend when the same people report over several months. I do however agree that RPI would be better to compare between different contributors.

disorderly · « **Reply #18 on:** March 02, 2010, 15:38 »

I disagree about the relevance of RPI. I purposely shoot and submit a lot of images from the same session. My goal is to increase the revenue for the shoot vs. its cost, even as the revenue per image decreases considerably. Revenue per agency matters to me, whether in absolute dollars or as a relative percentage (if there was a way to tease out exclusives). RPI doesn't match the way I shoot, and likely doesn't match others as well, even if they don't know it yet.

leaf · « **Reply #19 on:** March 02, 2010, 16:25 »

I did have an RPI poll on the side for about a year but so few people voted in it that it was pretty useless.

The main thing we are going for here is 'gross statistics' something to give us a general idea of how the sites are performing. not the fine tuneing of did a site sell 1% more than last month but is site A selling 2x more than site B, and how are they ranked in general.

I agree with melastmohican though, the way the results are shown now it doesn't show how different the sites are. I think I should change that 'earnings rating' value to closer reflect the real values that were voted... ie. SS is at $400 avg. or whatever it is and 123RF is at $20

cthoman · « **Reply #20 on:** March 02, 2010, 16:40 »

Quote from: leaf on March 02, 2010, 16:25

ie. SS is at $400 avg. or whatever it is and 123RF is at $20

That makes sense to me.

Ivelin Radkov · « **Reply #21 on:** March 03, 2010, 05:44 »

Done.I like the update!

Klauts · « **Reply #22 on:** March 03, 2010, 09:31 »

I also think it's a big improvement but it could use finer ratings. But for a general idea it's good. However, people shouldn't put the $$ earned from uploads on DepositPhotos as monthly income, it's just a bonus. I doubt DepositPhotos earns more than 123RF and BigStock like it is now shown on the results.

fullvalue · « **Reply #23 on:** March 03, 2010, 09:37 »

The upper range of the numbers is too low.

UncleGene · « **Reply #24 on:** March 03, 2010, 11:01 »

Quote from: Klauts on March 03, 2010, 09:31

I also think it's a big improvement but it could use finer ratings. But for a general idea it's good. However, people shouldn't put the $$ earned from uploads on DepositPhotos as monthly income, it's just a bonus. I doubt DepositPhotos earns more than 123RF and BigStock like it is now shown on the results.

DP is high because a lot of people for some reason include non-sale income in votes. Do not worry, it will sink drastically next month

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Author Topic: Microstock Earnings poll update (Read 9035 times)

leaf

RT

leaf

cathyslife

cthoman

WarrenPrice

leaf

UncleGene

leaf

Klauts

borg

MichaelJay

UncleGene

borg

teekaygee

UncleGene

melastmohican

gaja

disorderly

leaf

cthoman

Ivelin Radkov

Klauts

fullvalue

UncleGene

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