Showing posts with label strategy. Show all posts
Showing posts with label strategy. Show all posts

Thursday, October 3, 2013

Uploading Timing Strategy

One thing often comes to every contributor mind is that whether you should upload now, or later?

There are many factors that affects your sales. Below is a list that you may want to consider with some explanations of what you can do about it.

  • Approved on weekend - If your works happened to be approved on weekend, then you will definitely misses a good chance for good downloads. Without good downloads, your new vectors will be "buried" by other new vectors that approved on weekdays. Although it is good to be approved on Monday, but I realize that you have no control over this, especially agency like Shutterstock could approved your vector between few hours or 2 weeks later. However, some agencies like DepositPhotos does have some consistency in approving your stuff. So, plan it right ;)
  • Summer holiday - Summer holiday are often referred to months from June to August. Contributors consider these as slow months. While, it is good to take a break in these 3 months because there are less downloads - it also means that your competitors are taking a break too. So, visibility of your vectors got higher too.
  • Good downloads months - March, April, May, October and November are good months. You should not miss these five months. Work hard before and during them.
  • Trends - Should I follow trends? Now, everybody is talking about flat icons. And Christmas is coming too. The answer is yes, you should follow trends and never go against it. 
  • Should I draw more vectors first, and upload all at once? No, you should upload as often as possible. It is tiring and daunting to think of good keywords. Uploading 30 vectors at once could take you 2-3 days. Also, uploading a lot of vectors at one time could potentially increase your rejection rate.
As a conclusion, I do believe timing is something not to be ignored if you want to maximize your profit. Good luck.

Friday, December 24, 2010

Strategies in Selling Vector Graphics

Selling vector graphics needs a strategy to win. You cannot simply draw anything you like and upload them without a direction. You need to set yourself a winning strategy to gain in the long term. Yes, this is a long term game, and it is not a get-rich-quick thing. I have seen many strategies used by different artists and I believe most of them have excel in their own ways.

Producing Only Good Quality Vector

Producing good quality vector takes time. One very good vector takes about 3-7 days to produce. You take into consideration of every pixels and make sure everything is perfect before releasing it. Your portfolio will be very much smaller in this case because you can only produce 2 vectors per week. There is a big advantage in this strategy because your vector graphic is likely to sell a lot and for a very long time. A high quality vector can generate about $500 a month and will probably continue to sell for a very long time. Additional to that, you will be branded as a "celebrity" and celebrity has fans.

http://image.shutterstock.com/display_pic_with_logo/176509/176509,1290532071,2/stock-vector-vector-set-calligraphic-design-elements-and-page-decoration-lots-of-useful-elements-to-embellish-65754793.jpg
High quality vector.
This is a top seller at Shutterstock.

Producing a Similar Theme of Graphics Everyday

Now, this is a strategy that not many will use because it is hard to produce something similar, over and over again. But if you are a machine and full of ideas about it, this strategy can be applied to you. Producing a similar type of graphic has its advantage of its own. First, buyer who lands on your portfolio will definitely buy something from you because you have got tons of choices to choose. There are high chances that he will buy a few vector graphics from your portfolio in one time. Also, he may come back for you in the future because he knows you have a lot of choices for that particular subject.

http://image.shutterstock.com/display_pic_with_logo/196705/196705,1283411048,1/stock-vector-seamless-pattern-60203107.jpg

A beautiful seamless pattern.
This is one of the best seller at Shutterstock.



Producing Single Isolated Cartoon Massively

How much is consider massive? 10000. Yes, there are vector artists who produce isolated cartoon massively. It is not crazy, is just pure hard works and creativity. Take a look at this portfolio by lineartestpilot and Cory Thoman. They have produce tons and tons of beautiful cartoons everyday and I think everybody will love these cartoons. In my personal opinions, single character cartoon don't sell well (perhaps 5 downloads per month) because it is very limited to its usage, but when one need it, they will definitely buy it for whatever price. A huge advantage in this strategy is that you can increase your portfolio size tremendously. Bigger portfolio means higher visibility. Drawing cartoon characters is fun too and you will never get boring with it. Because you are good in drawing cartoon, you can produce a lot of them in a short time. This strategy works and will definitely pay off.

http://image.shutterstock.com/display_pic_with_logo/83138/83138,1232570881,5/stock-vector-little-dog-sitting-23672650.jpg

A cartoon dog by Cory Thoman.
This is on sale at Shutterstock.


Getting Out of Competition

You know, whatever things that you can think off now, has most probably been drawn by other artists thousands of time already. Competition is never good. A strategy that some use is to get out of the competition. You research on the thing you had in mind and sees if anyone else have drawn it yet; and if you could do better. Yes, there are still things that hasn't been drawn thousand of time yet and you will definitely land on the first page in the search. Being seen means a sale possibility.

If you search for the keyword "Chinese Chess" vector at Shutterstock you will get less than 10 results. This means almost no competition for this subject and you will definitely being seen. Whereas, if you search for the keyword "icon", you will get more than half a million of such results. Try to avoid competition. Do something new and unique and it will be profitable in the long run.

http://image.shutterstock.com/display_pic_with_logo/598477/598477,1274752699,1/stock-vector-chinese-chess-vector-53805082.jpg
Chinese Chess in Vector at Shutterstock.

Drawing According to Seasons

What seasons do we have? We have Christmas, Valentine, Halloween, New Year, Independence Day, and many many more. This has never gone wrong and there will definitely be buyer on this. However, you have to upload your seasonal-theme vector a few months earlier. Clients need to get their stuff ready and graphic designers need your vectors earlier too for the preparation.

http://image.shutterstock.com/display_pic_with_logo/193093/193093,1263083679,4/stock-vector-valentine-s-day-type-text-44144614.jpg
Some Valentine Day artwork at Shutterstock.

Packing Everything 

You pack everything into one and sell it cheap. Yes, this basically destroy the microstock industry because you are pulling the price down. But again, if you don't do it, others will. And they will prevail, while you fail. This strategy is proven working, but whether it is worth doing it or not, is not up to me to judge. Packing everything definitely sells better but it is time consuming, and sometimes don't really sell at all.




As a conclusion, there are definitely many type of strategies to sell your vector graphics efficiently. However, it all comes down to hard work and skills. If you are really keen to go into selling vectors to make money, I recommend you to join the below agencies for a start and will it will definitely pay off.




I wish you good luck and remember to share this article to your friends if you love it.

Merry Christmas and a Happy New Year.

Saturday, December 11, 2010

Shutterstock's Strategy: Boosting Sales For New Stocks

Have you ever wonder why your newly uploaded stocks at Shutterstock gets more downloads compared to other agencies? That is because Shutterstock has a strategy that keeps new stocks get better visibility.

Let's compare the search filtering choices we have.

Shutterstock
1. Most Popular
2. Newest
3. Oldest
4. Random

IStockPhoto
1. Best Match
2. Age
3. Downloads
4. Contributor
5. Rating
6. Size
7. Title

Fotolia
1. Best Match
2. Date
3. Price
4. Downloads
5. Popularity

Dreamstime
1. Relevency - Descending
2. Relevency - Ascending
3. Download - Descending
4. Download - Ascending
5. Upload- Descending
6. Upload- Ascending
7. Resolution- Descending
8. Resolution- Ascending

Shutterstock only has 4 choices (Most Popular, Newest, Oldest, and Random) on the search filter. Let's understanding them better. Oldest filter is pretty much useless because I don't think buyers want to look for old stuff. Random is also useless because it don't return you with good results at all. So, Shutterstock literary forces its buyer to search for Newest and Most Popular. I don't know the actual algorithm behind the Most Popular filter, but from my experience, it is able to give chances for new stocks to appear on it pretty quickly. If your stocks has a few downloads each day after the first few days of upload, it can then be quickly shoot to the top of Most Popular. I believe Most Popular has something to do with number of views, downloads, and age.

Because Shutterstock's search don't have other choices like Number of Downloads and Rating, older stocks don't have the advantage of being grandfathered, thus new stocks have chance.

I believe Number of Downloads or Rating basically kill off new stocks. Simply take a look at other agencies, 3 years old stock will always be on the top of Downloads due to obvious reason. Rating is prone to abuse and I believe that it favors older stocks in some ways as well.

The more search choices an agency has (that does favors new stocks), the less visibility we have for new stocks.

So, if you are a grandfather in stock agency, then you will feel that IStockPhoto, Fotolia, and Dreamstime love you in a constant way. And you may not feel the same for Shutterstock because it doesn't favor your 10000 stocks which is 3 years old now.