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.

YayMicro - the next big player?

Comments (0) Published by mattantonino on June 02, 2008 at 05:26 PM in Microstock World, New Agencies, YayMicro

Every industry has what I like to call a v.2 player. Who are some v.2s?

Google, MySpace, Apple’s Ipod, Ebay, IPhone.

A v.2 player is a business (or product) that didn’t exist until later in the relevant cycle than other players. Google came much later than Yahoo, Altavista and Go.com Myspace followed Friendster and the IPod followed many failed MP3 players. IPhone success blows away even the Blackberry, not to mention other cell competitors.

The main feature of a v.2 is their education came free. They are able to learn from the predecessors and do something unique, something different, something essential - right from the start. They gather the type of momentum that simply devours the competition and blow them off the board (How’s auction.com doing?)

If we were to have anything resembling that right now in microstock, it would be YayMicro. Yay has come out of the gate strong. They have the most essential pieces of the puzzle already in place - a fantastic site that everyone raves about; a clean, simple brand; a memorable name; and most importantly - a strong starting collection of images. Images of McCain, Obama. Images from top contributors such as Lev Dolgachov and IOFoto.

I recently joined the YayMicro site and love everything about it so far. They seem to have a plan (editorial=big market, creative=another big market, ease of use all around=more people using it). We’ll see if it plays out that YayMicro is the v.2 of the microstock industry. Someone must be. It’s about the time we see someone emerge to absolutely destroy the competition - maybe it’s YayMicro.

Check out YayMicro here and let me know what you think of them!

End of month ramblings

Comments (0) Published by mattantonino on May 31, 2008 at 04:42 PM in Alamy, Goals, Microstock World, Models, New Agencies, Results, Tricks

I’m so glad it’s the end of May!  I can’t wait until tonight to do earnings for tomorrow’s post!  It’s been a great month and I’m excited for the final total.  I know it’s going to be a BME on several sites - in fact, some of them were BME by the 10th or 12th so they are REALLY good BMEs!! 

Today marked the first “full” wedding of my season - which means I have to focus a bit more on my “real” business and a bit less on this “hobby” of mine for a few months.  We hadn’t actually shot a wedding in FIVE MONTHS!  We try not to shoot Dec/Jan/Feb in Syracuse - it’s too cold!  haha  This season is going to be great - even though it could potentially be one of our last 2 years or 3 years.

Subscriptions for the month:
Shutterstock - meh.
IStock - had one, got $2.39 or something around that.  Could live with that.
Fotolia - .23?!  WTF?!  I hope they are kidding.  I fear they are not. 

I’m not organized in my stock world to be full time yet so I’m glad that I am not there yet.  One major goal for June is getting my head on straight about files & folder structure.  Right now it’s a mess of doing so many images in 3 months and never really grasping from the beginning what I needed.  One example of a workflow change that June will bring is that right now, all our model releases are saved in one folder.  When you have 5 models total, who cares?  That’s a perfectly fine way to arrange it.  When you have 50, you no longer know which releases have been uploaded until you attempt to submit photos and there is no release.  Starting in June we will scan all releases to one folder (unsubmitted) and then whenever we do an upload, Sarah will upload the MRs and move them to (submitted) so that we know they are taken care of.  It’s a simple, subtle change but moving the responsibility from me to Sarah and then moving the files between status’ is going to make all the difference for MR uploading.

We finally got our new model recruitment site up at http://www.SyracuseModeling.com  Very simple, very straight - and we have a gallery online to show agencies, etc. in hopes of scoring some new models.  A lot of the wording we are still working on.  It was “borrowed” from Andres Rodriguez’s site (thanks AND sorry Andres).  I’m going to keep changing what it says until I’m 100% happy with it but for now it’s very simple, very easy and matches our model business card perfectly.

My good friend Todd at Arena Creative is now freelancing some graphic design.  If you need something done up, he’s the man. He’s also a stock photographer so I think that helps him “get” us. Also, Todd may be dragging me back into Alamy (kicking & screaming) - no CD? We’ll see about that! I could handle that - except the upsizing.

April Earnings and Portfolios

Ok, I’m making a few changes this month - I’m dropping my non-earners including Lucky Oliver (RIP), Canstock, Crestock and - likely next month - FeaturePics. 

In their place, I have begun uploading to MostPhotos, Zymmetrical, and YayMicro.  Because I do not have enough data, I have left those 3 off this chart for now although it should be said that MostPhotos is very easy to upload to and I have over 500 images there already.

April was an absolutely fun month!  Increasing my income $160 in one month was thrilling especially when I know I could have gone harder.  If I can make an extra $200-300 per month, we could be really excited about this by the end of the year.  8 more months of earnings = lots of potential for growth. 

Best Month Ever - Shutterstock, BigstockPhoto, 123RF, StockXpert.

Agency Portfolio Earnings
Shutterstock 551 $280.16
IstockPhoto 88 $3.75
Dreamstime 386  $30.11
Fotolia 465 $5.93
Bigstockphoto 427  $15
123RF 548  $5.88
StockXpert 306  $5.30
FotoMind 604  $1.20
FeaturePics 464  $0

Month Total - $349.57

Gross Nil to Mil total - $3266.62

(gain - $159.93, 84%)

March’s portfolio size - 1559
April’s portfolio size - 3839

April 2008 Earnings
March 2008 Earnings