Sales have crashed - What am I doing wrong?

Calvert_Photo 2 May 2022 17:56
I joined P5 about 18 months ago, and despite having a very small portfolio, I was getting sales - about one every 10 days, which I was generally happy about. However, over the last year, despite adding hundreds more clips, sales have fallen through the floor, to the extent that I'm lucky to get a download once every 4 months. I'm not selling them at ridiculously high prices - typically $79 for HD and $119 for 4K.

Whilst sales have crashed here, the same video clips put on other sites have increased very nicely, so I know there is a demand for some of the content I'm shooting.

So where do you think I might be going wrong? Or is it just the stuff I shoot doesn't appeal to people who use P5?
Cyberherbalist 21 Jun 2022 16:55
I'm very new at P5 and have yet to make even one sale, so I can't comment much on your question, but I am wondering what other sites you have been using? I know about Shutterstock, and am dismayed that they have bought Pond5. There's Dreamstime, and I have a few photos there but no videos (yet). What others have you had success with?
A1ExclusiveFootage 21 Jun 2022 23:21
Sales have crashed here, for lots of people. You are not alone.
DavidHornchurch 22 Jun 2022 01:03
My sales are a lot lower than before but selling 4K footage at 119 is in my opinion low, I sell generally at 199, 4K and 99 for hd selling low is never is good practice if someone wants your footage they will pay, letting what might be a multi billion pound company buy cheaply is not good
GrayJones 29 Jul 2022 17:11
It's not apples to apples. My sales had tanked for months... As an experiment, I dropped the prices from $179 to $79, and got $1500 of sales in one week. I'm heading for a record month by far.

I do believe there is a good strategy for newcomers to price low to attract lots of views and sales (which makes their clips appear higher on searches), and then bump the prices up later.

But I'm also wondering if buyers are penny-pinching right now because of inflation -- I've been selling my driving plates at $179 for years, but it appears that buyers are gun-shy at that price now.
BlakMagik4K 31 Jul 2022 14:55
Please guide my GrayJones I need you man
Madvideos 1 Aug 2022 17:28
Nice sales Grayjones. I am actually experiencing the same but I raised my prices, my sales in July were explosive, I share this on my YouTube channel in the community tab, a lot to say about things, but I made a video about the Shutterstock merger here https://www.youtube.com/watch?v=05g4KC7V4d8&t=109s (IMO this is the best thing to happen to the platform!)
now I am reaping the benefits of this merger as not only am I selling a LOT of videos but they are priced extremely high due to the nature of the videos, most of what I have filmed is editorial and hard to film today if not impossible in some cases. I have had people reach out to me and ask about media I have and where I filmed it, one was a dope red frame tunnel, it is gone, an Amazon fulfillment center is there now. I specifically film things most don't think they can. I use that to my advantage.
Slow sales are attributed to many things, but in th end it comes down to numbers and content. There is nothing special about a city view of downtown Atlanta, but the protests I filmed in the downtown area are priceless, there is nothing special about a mountain, what is special is the bear roaming the hillside of that mountain, there is nothing special about the outside of a grocery store, but the prices inside are a HOT topic. The point I am making here is you need the craziest and weirdest videos nobody else is wasting time with :)
I reveal the context and the meaning behind things, or at least I try. I tell the story of us all, things we made, places we go, things we use etc.. editorial .. I do have commercial content and have sold a good bit but the money part is missing.. they sell for cheap, editorial is my highest money making category by a landslide.
I just wanted to lend some of my take on things, the bottom line is we are playing a numbers game, pond 5 gets roughly 15,000 video uploads per day. To get database exposure you need incredible numbers, I say for both of my accounts that started at about 1000. That is my experience ONLY, everyone will have different results as they have different content, better gear etc.. you can go in all kinds of directions with this, I am just now getting in to music myself, images make me a LOT of money but compared to video.. lol there is no real world comparison to match. They both serve a purpose for me personally, everyone will be different, I have seen people that will not even think about editorial and some people who put way too much focus on how their store appears, none of that means anything until you have established a decent sized portfolio for people to remember you by.
All of that being said, each individual person is in their own place with this and taking it at their pace, not everyone is in this to make money, some do it for the satisfies .. I don't know because I do what I do for me.
I share my experience on my channel, I am not a mainstream YouTuber and I can care less about money on YT, it is short term, this is long term and will pay me even when I stop contributing!
To the OP, your videos are not the problem, you just need to keep pushing, and every video you think won't sell are more than likely the ones that will. I have sold some junk I should have deleted but like I say.. you never know. I upload roughly 500 assets per month, that is my personal goal. I have rarely missed a day uploading, I am pushing this as hard as I can because I really want to see what can be done here, people say there is no money here, that is not true at all, people say your videos have noise and issues, I have sold a LOT of videos with mild to medium noise, people say this was good years ago, no they just didn't adapt to the changing times, people say the agencies are ripping them off and their content should be worth millions, the fact here is most of my content that has sold was filmed with a smartphone, an iPhone to be exact, a lot of people can now get their own media. Again, most people won't film how I film, I have run ins with the police all of the time, I showcase it on my channel, I am not just a videographer I am a journalist and the content I film is of public interest. But the value of content is unknown until it sells. Every time I think I got it figured out, some weird image or video sells that has me back to the drawing board.
A little about me..
Currently between all agencies I have a total unique asset total of right at 22,000 with a 100,000 goal. I have been doing this since Nov 2019, but I have been editing video since 1999, I just never knew about this. I have most of the media I have filmed over the past 20 plus years and the cameras to play the media tapes and discs also. If you visit my channel stop and say hello and if you have a question please feel free to reach out to me, I am not an expert but I have learned a lot in the past 2.5 years.


GLWS
Billy
night_stringers 11 Aug 2022 02:20
I can top this. I have clips that the price is set to $100.00 and 3 of mine have sold for $7.00 I'm trying to figure out what the hell that's all about . They say GPP license. Not sure what that is.
Az_Jackson 11 Aug 2022 05:13
Thanks for sharing Madvideos, I love your commitment. I can sympathize with you night_stringers as I've just had my first sales on P5 but was dismayed at the list price being for $2.80 when, as an exclusive artist, my minimum price was $97 for HD and $197 for 4K as I'm not interested in a race to the bottom and think these are fair prices to make a living from because I value my time and equipment is bloody expensive. Can somebody please explain why there is such a reduction in price the clips are sold for?