Stats revealed

Comments (2) Published by mattantonino on July 26, 2008 at 10:35 AM in Goals, Think Big

This post was scheduled to unveil on Monday but Steven has guessed one of the stats and tried to guess a few more so I’m going to reveal it now. It’s always more fun when someone plays along so thanks!

Statistics for November

19 days

12 cities

110 hours of shooting

200 models

5000 submittable images after the trip (great guess Steven!)

48 hours driving

3150 miles driving

4000 dollar budget

November Statistics

Comments (5) Published by mattantonino on July 24, 2008 at 08:55 PM in Goals, Think Big

Statistics for November

19

12

110

200

5000

48

3150

4000

Any guesses on what each stat goes with?

Coming up with ideas

Comments (0) Published by mattantonino on July 23, 2008 at 11:45 AM in Tricks

Ideas can come from anywhere.  As a stock photographer, your job is to make them come from everywhere.  There are 2 steps to coming up with great stock ideas:

1) Create or visualize the concept.

2) Record the idea in a medium other than your brain.

Create or visualize the concept

The area most stock photographers struggle with is the creation of new stock ideas.  If you are sitting at your desk everyday, you won’t come up with many ideas.  Ideas for stock are based on activities and the world.  Activities are based in magazines and on websites as well but mainly, ideas are what life is - go where there’s life and your ideas will flow.  Visit a beach.  Imagine your model walking on the beach, swimming, maybe there’s a volleyball game going on.  Anywhere you see people doing anything - that’s an idea.  Maybe a family is having a bbq and another a picnic.  Two ideas?  What about twenty?  Photos of the bbq grill, photos of the meat cooking, photos of veggies cooking, photos of people eating, photos of a family around the food, photos of the picnic table setup, photos of the charcoal while it’s hot & red.

Record the idea in a medium other than your brain

If you don’t carry a notebook, start.  Write down EVERY idea you have - you may not have it again, at least for a long time.  You don’t want to let your ideas slip - either abstract & conceptual or specific like “woman wiping sweat off her forehead, woman drinking from a clear bottle” whatever.  Just write it down, type it out, record it somehow that doesn’t rely on your brain.

Lifetime Goals - what are yours?

Comments (2) Published by mattantonino on July 15, 2008 at 03:02 AM in Goals

Leaf had an interesting question in the Microstock Group Forum - What are your lifetime microstock goals?

Like many photographers, my goal would be to travel all over the world. I would love to have the resources to drop everything, fly to Europe and shoot for a month. I would like to see Africa, revisit the Great Wall of China, freeze my butt off in Alaska. Life is not a journey, it’s an experience. For me, traveling would be that ultimate experience.

My top places to visit, not in any particular order:

1 ) Hawaii - I want to take my parents to Hawaii before it’s too late. My grandmother wanted to visit Hawaii and never had a chance to visit. My mother has internalized this dream herself and I feel like I must make it happen.

2 ) Australia - home of my best friend and kangaroos. What better way to spend winter in NY than NOT IN NEW YORK?

3 ) Africa - Kenya, Egypt. I would love to see the desert and the sand. View the pyramids and see old Cairo.

4 ) Italy - mainly Venice, Rome and Tuscany region. To drink wine and float down the rivers (I’ve heard gondola rides are not all that in person - I’d still like to!) And spend a relaxing week at a home in Tuscany - relaxing so far from everything I know.

5 ) The Galapagos Islands. They were on my short list of honeymoon destinations. I would like to see things you can’t see anywhere else, to experience what Darwin saw. I am about the experiences and nothing can beat seeing creatures that just shouldn’t exist, living in the wild.

6 ) Ireland. Green and castles. That’s what I think of. And rain. I would love to see the old Irish land, castles emerging from the hillsides. Stonework, architecture - what a great getaway.

7 ) Alaska - there’s something about being thousands of miles from anything you’ve ever known and in a situation beyond your immediate control that feels freeing. I speak from experience having spent a year in Korea alone. Alaska is another exotic must on my wish list.

8 ) New Orleans - strikes me as something everyone should do once. An interesting place, from all I’ve heard.

9 ) All 50 US States - what can I say, I’m a guy who likes statistics and completing tasks. 50/50 is a great stat!

10 ) Cheju Island, South Korea - I was ill and had a twisted ankle the first time I went. I would like to go back, healthy and ready to see the island for all it has. I had so many beautiful ideas about my trip there and they turned out to be … less than ideal. I would like another chance at Cheju.

How do you make all your dreams come true?

A good laugh about stock

Comments (2) Published by mattantonino on July 05, 2008 at 09:16 PM in Microstock World

Sorry if any of these photos are yours - I didn’t write the site, I just find it amusing!

http://www.thebestpageintheuniverse.net/c.cgi?u=stock_photos

RPI = the valueless statistic

Comments (4) Published by mattantonino on July 01, 2008 at 02:39 PM in Microstock World

I read a lot of microstock blogs - every one that I know about. I hear a LOT about RPI, return per image.

This stat has no value, month to month. I’m sorry, but it’s true. It’s an interesting stat, but has no value. Sort of like innings pitched for baseball or blocks per 48 minutes for basketball. (Kenny George averaged a triple double per 48 minutes last year for UNC-Whatever…he still didn’t get chosen in the NBA draft).

RPI has no value for two reasons:
1) As your collection grows, older stuff gets pushed aside and newer stuff makes the majority of your income. RPI would have more value if you only counted your top 200 images every month. Then you’d at least have a measurable stat. By measuring your lowest images as well, you’re saying “well, I made 10 cents per image this month and 11 cents last month so my RPI is down” - so? Last month you had 650 images and made $71.50 This month you had 900 images and made $90. Your RPI is down but income is up and those new images helped increase you $28.50 or 11.4 cents per image. Basically, the older images can hold you down.

2) As the stock agency’s collection grows, your RPI is absolutely positively *always* going to drop. The only thing you can do about that is increase your gallery faster than the market increases. If market share increases 3%, increase by 6%. Your RPI may go up - it may drop. In the end, your earnings *will* increase.

RPI is not a terrible stat. Statistics should help us - they should show us a path and lead us to a new plan or future. What RPI shows is a snapshot but it’s not comparable month to month. I made $82 with 161 images online. RPI of $.50 Last month I made $400 on 1000 images. RPI of $.25 OH NOES - my RPI is tanking! I only increased income 5x but my RPI dropped.

So RPI - dead to rights. Forget it. If you’re not increasing your portfolio, your earnings will drop. Older images sell less. No news there. If you’re increasing your portfolio, RPI will rise slightly then drop. Every.single.time. No news there either guys - sorry.

If you truly care about your RPI, dump your worst 10% of your portfolio every month - your RPI will triple.

June 2008 Earnings Report

Comments (5) Published by mattantonino on July 01, 2008 at 02:57 AM in 123RF, Bigstockphoto, Dreamstime, FeaturePics, FotoMind, Fotolia, IstockPhoto, New Agencies, Results, Shutterstock, YayMicro
Shutterstock 1015 398.59
IstockPhoto 89 4.2
Dreamstime 1006 45.57
Fotolia 610 18.43
Bigstockphoto 1065 25
123RF 1133 22.65
StockXpert 791 9.6
FotoMind 1158 0.8
FeaturePics 1024 0
YayMicro 1161 0

Simple and to the point this month, like my month of work.

Overall gallery increased from 5777 to 9052 but that was mostly the result of adding YayMicro and 1100 images as well as pending May images finally being reviewed.

Overall income increased to a record $524.84 and 5 agencies had a Best Month Ever despite me doing basically no work.  Not a bad month, but I hope to dramatically improve it in July.  That was disappointing.