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Sales Trends

Author Message
Bogdanzagan
288 posts
78
Message posted at 05/21/2013, 11:07:11 AM by Bogdanzagan
Hello, I'm kind of new to stock and I just wonder how the sales trends are. I can only compare with the previous month, but a fair comparison would be with the previous year month.

Since I' doing this for a few months I'm asking if you have trends divided by months or by seasons.

I'm expecting that December will have the most sales if you have the right portfolio and the summer months will be the less productive. But this is just a guess since my sales are always growing because now I'm in the process of building the portfolio.

So I'm interested in getting an answer from people with mature portfolios. Thank you in advance for your time!
Photography I use Nikon 105mm F2.8G, Nikon 35mm F1.8G, Nikon...

Uploaded files:748 | Total Sales: 735
Lenutaidi
3222 posts
71
Message posted at 05/21/2013, 11:38:46 AM by Lenutaidi
Hi Bogdan!Mature portofolios?Know that you can get relevant answers and from people with less mature portfolios:).Many times they can really give satisfying answers.Cheers!:)


Uploaded files:1398 | Total Sales: 383
Lisafx
835 posts
<10
Message posted at 05/21/2013, 14:57:32 PM by Lisafx
I have data dating back to 2005. There are definitely monthly trends. You are right that summer (june through august) are usually slow. Although December is actually the slowest month of the year. People buy the seasonal images for Christmas and winter holidays starting in September. October and/or November are usually the best months of the year. Then December starts to lag, and the last two weeks of December are like a weekend. Dead, dead, dead.

For some reason, March and April are always good months for me too.

As for year on year, I experienced year on year growth for about 6 years, then sales pretty much stagnated or declined from one year to the next. That is because my ability to produce images was not able to keep up with the growth in the overall collections. I have heard this referred to as the Law of Diminishing Returns, or Hitting the Wall.

The good news for you as a newbie is that it usually takes years to hit the wall, so you should be able to look forward to some nice growth over the next couple of years, as long as you produce good work and grow your portfolio :)
Canon 5D, 40D, Various lenses, flashes, studio lights, light...

Uploaded files:7570 | Total Sales: 73946
Bogdanzagan
288 posts
78
Message posted at 05/21/2013, 15:29:35 PM by Bogdanzagan
Thank you Lisa, I admire your work and portfolio! You had some good waves at the right moment! I know you have the power to reinvent yourself and break through the Wall!

This is the answer I was hoping for.
Photography I use Nikon 105mm F2.8G, Nikon 35mm F1.8G, Nikon...

Uploaded files:748 | Total Sales: 735
Leakeem
216 posts
72
Message posted at 05/21/2013, 21:08:44 PM by Leakeem

Originally posted by Lisafx:
Quoted Message: ... The good news for you as a newbie is that it usually takes years to hit the wall...


Hit the wall? after a few years, I have a feeling I might have. Can you explain more on that?
Canon EOS 550D, Nikon 50mm f/1.4, Nikon P100, ASUS K24Jl

Uploaded files:1042 | Total Sales: 493
Wimstime
63 posts
Message posted at 05/22/2013, 08:33:34 AM by Wimstime
I am looking at $24 for this month, May 2012 $90, talk about growth Lisa!

This site seem to go backwards. Why do I still bother then?
I am waiting for that magic moment where DT shows it is still a worthy competitor amongst the top tier agencies! but who am I fooling really, at the moment this agency performs worse then my lowest earners.
But lets blame it once again on the contributor shall we.

Take care and good luck guys


Uploaded files:895 | Total Sales: 1689
Godfer
1495 posts
76
Message edited at 05/22/2013, 08:37:50 AM by Godfer

Originally posted by Leakeem:
Quoted Message: Hit the wall? after a few years, I have a feeling I might have. Can you explain more on that?

The principle is that if you have for instance a hundred images it is relatively easy to double it to 200 and and hopefully double earnings at the same time.
When you have 7000 images like Lisa it is almost impossible to double the portfolio with any speed. At the same time as you put new images up other images are dying so all you can do is replace images that have died out. I think it is particulary relevant to those of us that photograph people as the images get dated after a few years as hair styles and fashions change.
Also if you have a huge port you tend to do newer versions of old images so in a way you are competing with yourself.
I don't think that you should have hit the wall yet.
Canon 5D MK II

Uploaded files:1734 | Total Sales: 31585
Bobbrooky
440 posts
<10
Message posted at 05/22/2013, 09:45:37 AM by Bobbrooky
My only bug with DT is, they seem to concentrate their marketing impetus on the free images giveaway. Stockfree images. The one were they tried to get facebook users to spend a dollar(I got one). Give me a break please, none of the other creditable agencies give stuff for free, and I find your average facebook user is a cretin anyway, posting personal information for the world to hoard. They are not going to spend a dollar, when another section of DT images is free. Thats a no brainer, Concentrate the talented staffs minds on being a stock agency.
Nikon D700, 70-300vr, Sigma 180 f3.5macro, Sigma 20-40 f2.8,...

Uploaded files:807 | Total Sales: 691
Bogdanzagan
288 posts
78
Message posted at 05/22/2013, 12:11:44 PM by Bogdanzagan
Hey, guys, this is not a thread about how unhappy you are with DT!

Back on topic. Lisa, if I were you I would start disabling the old files, one by one, and at some point, if they worth it, I would upload them again. New uploads are always selling better than the old one with a few minor exceptions.

I noticed on some agencies that they promote one file or not. I guess every submission receives a rank because I have files that go right to front page and files in the same series that will never show up on search on first 10 pages.

So I did an experiment. I have one really beautiful and original illustration that never get on top, at the first submission. At some point I did disable it and after one month I submitted it again.

Now it's one of my top seller at that agency, although for the previous 5 months did not generated any sale. Maybe it was a glitch in the indexing process, who knows.

I hope this makes sense!

Photography I use Nikon 105mm F2.8G, Nikon 35mm F1.8G, Nikon...

Uploaded files:748 | Total Sales: 735
Lenutaidi
3222 posts
71
Message posted at 05/22/2013, 12:27:50 PM by Lenutaidi
@Bogdanzagan....."At some point I did disable it and after one month I submitted it again.Now it's one of my top seller at that agency, although for the previous 5 months did not generated any sale. Maybe it was a glitch in the indexing process, who knows" Very interesting,Bogdan.Maybe I will try this....what do you think?



Uploaded files:1398 | Total Sales: 383
Mudplucker
469 posts
<10
Message posted at 05/22/2013, 23:13:07 PM by Mudplucker
Bogdanzagan, you are amazing so i added you to my favorites !
Canon T2i and 5D classic, 85mm 1.8, 50mm 1.8, 70-200 F4 L I...

Uploaded files:125 | Total Sales: 72
Lisafx
835 posts
<10
Message posted at 05/23/2013, 12:26:59 PM by Lisafx

Originally posted by Godfer:
Quoted Message: The principle is that if you have for instance a hundred images it is relatively easy to double it to 200 and and hopefully double earnings at the same time. When you have 7000 images like Lisa it is almost impossible to double the portfolio with any speed. At the same time as you put new images up other images are dying so all you can do is replace images that have died out. I think it is particulary relevant to those of us that photograph people as the images get dated after a few years as hair styles and fashions change.Also if you have a huge port you tend to do newer versions of old images so in a way you are competing with yourself. I don`t think that you should have hit the wall yet.


That is about the best I have ever heard it explained. Really excellent summation Mandy!
Canon 5D, 40D, Various lenses, flashes, studio lights, light...

Uploaded files:7570 | Total Sales: 73946
Lisafx
835 posts
<10
Message posted at 05/23/2013, 12:34:41 PM by Lisafx

Originally posted by Bogdanzagan:
Quoted Message: Lisa, if I were you I would start disabling the old files, one by one, and at some point, if they worth it, I would upload them again. New uploads are always selling better than the old one with a few minor exceptions.


Sounds like it worked on one file for Lenutaidi. But as a rule, I wouldn't bother doing that. I feel like my older stuff got adequate exposure, and if it didn't sell, then it is probably because there were better files available from the same series, or from another contributor. When they have been online too long, I either disable them, or donate to the free section.

Personally, if a concept is good but never sold, I would rather reshoot it with better models, lighting, equipment, etc. and upload THAT file new :)
Canon 5D, 40D, Various lenses, flashes, studio lights, light...

Uploaded files:7570 | Total Sales: 73946
Godfer
1495 posts
76
Message posted at 05/23/2013, 13:32:48 PM by Godfer

Originally posted by Lisafx:
Quoted Message: That is about the best I have ever heard it explained. Really excellent summation Mandy!

Thanks :D
Canon 5D MK II

Uploaded files:1734 | Total Sales: 31585
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