Over the past two years, my microstock earnings have been on a slow, downward spiral. I'm certain that this decline in activity is not only impacting me--it's an industry trend due to the massive influx of digital images in recent years.
As my earnings decline, my incentive to upload more images also decreases. One factor is that I sometimes have buyers contact me directly to purchase images...and when those photographs are available through stock for ridiculously low prices, the potential buyers typically go through the stock agencies for these same pictures. A few years ago, I projected that each new stock submission would ultimately generate earnings of $10 to $12. While this doesn't sound like much, when I upload 500 picture from a trip--I found the $5,000 to $6,000 in earnings to be worth making them available through the stock agencies. Unfortunately, new pictures are no longer selling at such a pace--despite my opinion that the pictures naturally tend to improve in quality as time progresses.
So, I'm making my last stand! I recently added 554 new images to my microstock portfolio! I will be closely monitoring the sales of these images. If they generate some income--even enough to offset some of the declining earnings of my existing images, I'll continue to play the microstock game. If they don't generate much income, this will be the last batch of pictures that I sell using this venue.
I'll continue to post my monthly earnings for quite some time so that everyone who reads my blog can continue to see this story unfold. Hopefully, my las stand will end up better than Custer's!