My statistics on Shutterstock
As shown by the previous screenshot, I cashed more than $40,000 on Shutterstock. Over the course of a decade, that is not much. But, to understand whether I have been a good producer or whether I have worked for the hourly pay of an Uber employee, you need to evaluate the time I have spent on production.
My time in the microstock business has gone through different periods. For one, I was fired, and for almost an entire year I didn't work. In that moment, microstock was a full-time job for me.
The rest of the time, it has been a second income:
- First, in my spare time as an employee.
- Then (and now), in my spare time as a digital entrepreneur.
How to check your earnings on Shutterstock
If you are also a producer trying to sell:
- stock images
- stock footage
on Shutterstock, in order to check your earnings you must go to https://submit.shutterstock.com/dashboard and click on:
- Earnings/ Earnings summary
On Show statistics for:
click the month you are interested in. (In the screenshot above, it was the month in which I published this guide for the first time, February 2018. Since then, it has remained unchanged).
There are important data in this screenshot:
The first one tells you the number of your files which have been purchased by buyers. In my case, at that time, it was:
The second was the total earnings that I had collected, which were thousands of dollars less than they are now:
Considering that contributors are given 30% of the sale price, in my case, that means that my content was sold for more than $100,000.
The other two important pieces of data tell you if those who bought your stock images and stock footage did so as single purchases:
- Cart sales (in my case, $12,525.37 total and $104.04 in February 2018)
or by subscription:
- Clip packs (in my case $21,554.00 total and $339.57 in February 2018)
Figures that most contributors can't dream of, but it's hard for me to explain in a single post how I did it. That's why I created a course (learn more about my course).
Let's say that the two most important things to do to make more money with microstock are:
- Studying the market
- Optimizing work procedures
Those things are far more important than looking for the technical perfection of photos and videos.