Bryan Posted November 28, 2023 Share Posted November 28, 2023 So, it being cold outside, and wanting something to do, I decided to plot my average gross Alamy fee against year over the period 2016 to 2022. I then used my spreadsheet's curve fit algorithm to fit a polynomial curve to the data. (Once upon a time I used polynomial curves to design diesel engine cams, so my happy space ! ) It predicts that, at the current rate of decline, the average gross sale fee will hit zero at the end of 2024. I guess that it won't, but not a pretty picture ! Link to comment Share on other sites More sharing options...
ReeRay Posted November 28, 2023 Share Posted November 28, 2023 Maths - I could never figure them out ! Link to comment Share on other sites More sharing options...
Michael Ventura Posted November 28, 2023 Share Posted November 28, 2023 If I overlay my sales and revenue graphs, they would make an X. Sales numbers going up and revenue going down. 😟 Link to comment Share on other sites More sharing options...
geogphotos Posted November 28, 2023 Share Posted November 28, 2023 350 million images earning £30 million Then take off 60% commission! 😞 Link to comment Share on other sites More sharing options...
Inchiquin Posted November 29, 2023 Share Posted November 29, 2023 21 hours ago, geogphotos said: 350 million images earning £30 million Then take off 60% commission! 😞 You also have to factor in the dross, though. Maybe half those images will never earn a penny. That doubles the average for those that do. Alan 1 Link to comment Share on other sites More sharing options...
geogphotos Posted November 29, 2023 Share Posted November 29, 2023 (edited) 8 hours ago, Inchiquin said: You also have to factor in the dross, though. Maybe half those images will never earn a penny. That doubles the average for those that do. Alan Probably not a great idea to actually do the maths on this! Too depressing. Imagine going on Dragons' Den an trying to get them to back a stock photographer as a business proposition! Edited November 29, 2023 by geogphotos 1 Link to comment Share on other sites More sharing options...
John Mitchell Posted December 2, 2023 Share Posted December 2, 2023 (edited) On 28/11/2023 at 03:57, Michael Ventura said: If I overlay my sales and revenue graphs, they would make an X. Sales numbers going up and revenue going down. 😟 Pretty much the same for me -- us and Elon Musk. 😉 Edited December 2, 2023 by John Mitchell 2 Link to comment Share on other sites More sharing options...
Roadrunner Posted December 2, 2023 Share Posted December 2, 2023 I failed math on purpose, just to get everyone to stop asking me to do their calculations for them.😐 Link to comment Share on other sites More sharing options...
John Mitchell Posted December 2, 2023 Share Posted December 2, 2023 On 28/11/2023 at 03:34, Bryan said: So, it being cold outside, and wanting something to do, I decided to plot my average gross Alamy fee against year over the period 2016 to 2022. I then used my spreadsheet's curve fit algorithm to fit a polynomial curve to the data. (Once upon a time I used polynomial curves to design diesel engine cams, so my happy space ! ) It predicts that, at the current rate of decline, the average gross sale fee will hit zero at the end of 2024. I guess that it won't, but not a pretty picture ! Actually, I'm being a bit alarmist. My revenue graph has been holding fairly steady (i.e. a horizontal-ish line) for the past few years, while the sales graph has been trending upward. This year is already my best year on Alamy sales-wise. Revenue will probably be similar or just above last year's. However, my CTR graph has been sloping steadily downward this year, probably because I've not uploaded many new images. Linear equations still tell the story for me. 🤓 Link to comment Share on other sites More sharing options...
Bryan Posted December 3, 2023 Author Share Posted December 3, 2023 6 hours ago, John Mitchell said: Actually, I'm being a bit alarmist. My revenue graph has been holding fairly steady (i.e. a horizontal-ish line) for the past few years, while the sales graph has been trending upward. This year is already my best year on Alamy sales-wise. Revenue will probably be similar or just above last year's. However, my CTR graph has been sloping steadily downward this year, probably because I've not uploaded many new images. Linear equations still tell the story for me. 🤓 When I include this year's data, following years of decline, my gross revenue has actually increased slightly, while my sales are going to be marginally down on last year. So I'm seeing a change in the curve. Net income is vastly down on the good old days however. Looking at the feedback on how people are doing, it appears that folk in the new world are achieving higher returns per sale, but I've not done the sums, it just seems that way. Inevitably, as I get to be longer in the tooth, and less active, the range of my new uploads is going to decline. For example we've had the first snow of the winter. In previous years I would have headed out to picturesque Durham city to get some shots, but this time I've remained local and walked to our local village to snap the weather. For the current returns, it's not worth burning the diesel or risking the icy roads. Link to comment Share on other sites More sharing options...
Allan Bell Posted December 3, 2023 Share Posted December 3, 2023 5 hours ago, Bryan said: When I include this year's data, following years of decline, my gross revenue has actually increased slightly, while my sales are going to be marginally down on last year. So I'm seeing a change in the curve. Net income is vastly down on the good old days however. Looking at the feedback on how people are doing, it appears that folk in the new world are achieving higher returns per sale, but I've not done the sums, it just seems that way. Inevitably, as I get to be longer in the tooth, and less active, the range of my new uploads is going to decline. For example we've had the first snow of the winter. In previous years I would have headed out to picturesque Durham city to get some shots, but this time I've remained local and walked to our local village to snap the weather. For the current returns, it's not worth burning the diesel or risking the icy roads. I woke up to about 4 inches of snow today. Took photos out of front and back windows. Not going out yet. Hope it clears sufficiently to get the car out to go to Tesco tomorrow for my fortnightly shopping trip. Allan Link to comment Share on other sites More sharing options...
Bryan Posted December 4, 2023 Author Share Posted December 4, 2023 On 03/12/2023 at 10:29, Allan Bell said: I woke up to about 4 inches of snow today. Took photos out of front and back windows. Not going out yet. Hope it clears sufficiently to get the car out to go to Tesco tomorrow for my fortnightly shopping trip. Allan We had a substantial covering of snow yesterday, but most if it disappeared overnight, while heavy rain today has washed it all away. Link to comment Share on other sites More sharing options...
Allan Bell Posted December 5, 2023 Share Posted December 5, 2023 14 hours ago, Bryan said: We had a substantial covering of snow yesterday, but most if it disappeared overnight, while heavy rain today has washed it all away. Same here. Allan Link to comment Share on other sites More sharing options...
Mr Standfast Posted December 5, 2023 Share Posted December 5, 2023 Mmmm. Enthusiasm for going out showing a strong correlation with temperature. Tending to zero! 😉 1 Link to comment Share on other sites More sharing options...
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