01 Feb 2008 Microstock Earnings Report January 2008
Increased prices and the bonus royalties from iStockphoto pushed my total earnings for January to a near record level. Most other agencies also rose sharply which I expect was influenced by the relatively large increase in my upload quantity during the month.
I only received Extended License sales (2) at Dreamstime this month.
|Agency||Earnings US$||Portfolio Size||Return per Image
- iStockphoto resumed their position as my top earner. The chart shows a very sharp rise, though the quantity of sales was almost the same as November when I only earned two-thirds what I did in January. The price rise and bonus royalties clearly made the difference.
- Fotolia rose to earnings I haven’t seen in many months. This may have been assisted by delayed effects of my Fotolia optimization experiment
- Shutterstock was the only big agency that didn’t rise substantially, though I’m still happy with the longer term growth of earnings there.
- I uploaded 21 editorial photos taken at the Australian Open to Shutterstock. As a result, I now have a larger portfolio there than at iStockphoto.
I uploaded 70 new photos to each agency this month, and also started getting more of my portfolio represented on the newer agencies. The difference of a concerted effort shows up very clearly in this chart of my portfolio sizes.
I did a lot of shooting during January, so I’ll continue uploading at a similar rate during February. My wife and I took a trip down the Great Ocean Road on the south coast of Australia to take some photos of the spectacular coastline. While we can still clearly see where we need to improve, we’re happy with our progress of our photography skills and the quality of the photos.
The milestone I’m currently aiming for is US$1,000 in earnings by the end of March 2008. While my January earnings were a great improvement, I’ll need to do something different if I’m going to meet this milestone. I can’t continue doing the same thing expecting a different result.