It is the New Year, time to set your Dreamstime Goals
I believe we will all agree; on Dreamstime, the more quality images you have online the more money you can make each month. I decided to set myself a goal to increase my earnings from Dreamstime. For me, a goal has to be realistic; it must be a goal I can truly achieve or I quickly loose interest.
Here is the procedure I employed to set my Dreamstime goal for this year.
First, I took a serious look at my image sales for the past year. I joined late February 2010; uploaded a number of images at first then more later. Using some complicated math (for my brain), I determined that I am able to make $1.26 per year for each image in my portfolio. Sure, some images never sell and some sell like hotcakes, but this the average I make each year for each image in my portfolio.
Then I decided that I want to make $1000 a month; how many images would I need to have online to generate an income of $1000/month. ThatХs $12,000 per year or 9528 images ($12,000 divided by $1.26). I am currently making roughly $50/month and have approximately 750 images online; so that goal is a bit out of reach for year 2011. In order to reach 9528 images, I would need to upload 731 images each month; that is not going to happen with my other commitments.
So it was time to figure what is possible. With a modicum of effort, I can upload and get accepted roughly 100 images a month. That is five images a day for 20 workdays per month. I think that is a good goal and will give me an additional 1200 images at the end of the year (2011).
If I achieve my goal, then I would have roughly 2000 images online or a monthly income of roughly $210.00 ($2520 divided by 12 months). To give myself some extra encouragement, I have set my goal for Dreamstime as: Earn $3000 of Dreamstime income for the year 2011.
What is your DT goal; have you set a goal to increase your sales here on DT?
Photo credits: Moose Henderson.
Camera equipment: New and Old