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On my way to $30,000 this year


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Today I crossed the milestone of $170K in lifetime earnings, But I have not met me goal of earning $100/day in 2020.  Right now my average is $93.72 per day so December will have to be a killer month if I'm going to catch up.  But considering how Covid has disrupted so many businesses this year, I guess missing the goal ought to be expected.

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21 minutes ago, Doug Jensen said:

Today I crossed the milestone of $170K in lifetime earnings, But I have not met me goal of earning $100/day in 2020.  Right now my average is $93.72 per day so December will have to be a killer month if I'm going to catch up.  But considering how Covid has disrupted so many businesses this year, I guess missing the goal ought to be expected.

But you - once more - have already left the $30.000 behind you. Which I would regard as very successful.

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1 hour ago, Wilm Ihlenfeld said:

I would have expected that your RPD would also decrease due to the new revenue structure. Which obviously is not the case.

January is when my RPD will drop.  When the new structure kicked in last June I already had enough sales to retain my same percentage so it didn't effect me.  I will feel the pain on my first 200 downloads in January and February while I climb back up to 30%.  I figure I'll make about $3000 less during those two months.

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My best day this month was $538 and I've had six days over $200.   And 9 days under $10, with half of those being $0.  And I never used to make anything on the weekends, but now Saturdays and Sundays look just like every other day of the week.  The ups and downs from day to day still surprise me.  You'd think it would be fairly even, but it is not.

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57 minutes ago, Doug Jensen said:

My best day this month was $538 and I've had six days over $200.   And 9 days under $10, with half of those being $0.  And I never used to make anything on the weekends, but now Saturdays and Sundays look just like every other day of the week.  The ups and downs from day to day still surprise me.  You'd think it would be fairly even, but it is not.

My best day at shutterstock this month was $105. My best day ever at shutterstock was only half as good as your best day this month. This year I had two days where I earned $0. But the weekends still are always much worse than the weekdays for me. Not only here, but at all agencies. This has not changed for me in all these years. As far as the ups and downs are concerned, I totally agree with you. That surprises me again and again.

As far as the beginning of the year or the first half of the year is concerned, I am curious myself. I will probably have reached my former level (before the new earnings structure was introduced) by the end of January/beginning of February. But for the new higher level 5 it will take me quite a while. No idea how high the losses will be. I will report.

 

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On 11/28/2020 at 9:29 PM, Doug Jensen said:

January is when my RPD will drop.  When the new structure kicked in last June I already had enough sales to retain my same percentage so it didn't effect me.  I will feel the pain on my first 200 downloads in January and February while I climb back up to 30%.  I figure I'll make about $3000 less during those two months.

Was your prediction here correct Doug?

If you don't mind sharing, how has the new payment structure affected your earnings?

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12 minutes ago, Doug Jensen said:

You're not going to believe this, but I was almost right on the money.  In 2020 I earned $6562 in January and February.  In 2021 I earned $3595 during those two months.  That is a difference of $2967.  So my forecast was only off by $33. 

Sad but true, statistically, you nailed it. 👍

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24 minutes ago, Doug Jensen said:

You're not going to believe this, but I was almost right on the money.  In 2020 I earned $6562 in January and February.  In 2021 I earned $3595 during those two months.  That is a difference of $2967.  So my forecast was only off by $33. 

Well done.  I have no doubt at all with regard to your expertise, which is why I've always enjoyed reading this thread.

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And focusing on the positive, that is still $3595 in Jan./Feb. that came into my pocket for doing nothing extra.  If I had gotten pissed off and closed my account or had some other knee jerk reaction to the changes at Shutterstock I'd be $3500 poorer today.  I have been so busy with other work that I haven't even had time to upload anything new since last summer, and all that passive income coming into my PayPal account is just icing on the cake.  I planted the seeds years ago and the harvest just keeps coming and coming.    I've got backlog now of over 4500 new 4K clips that need metadata, so one of these days I'm going to have to get serious about getting those submitted. 

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3 hours ago, Doug Jensen said:

You're not going to believe this, but I was almost right on the money.  In 2020 I earned $6562 in January and February.  In 2021 I earned $3595 during those two months.  That is a difference of $2967.  So my forecast was only off by $33. 

Thanks for sharing this information, Doug.

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