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Author Topic: Canva July sales are in, and it's not good  (Read 16494 times)

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« Reply #50 on: September 15, 2023, 17:57 »
+2
If Canva had used this payout model when starting out, they'd have had no content. 123rf did start out with this setup (a pool scheme with no minimum, but no boosted categories). It very quickly changed to include a minimum payout on subscription downloads because the royalties were so much lower than SS's and contributors weren't happy.

In addition to this they promised a guaranteed amount of income for a period of time otherwise many people would had left.

I know - I assumed at the time this would not end well Sometimes it really stinks that one's most cynical instincts are accurate.


Justanotherphotographer

« Reply #51 on: September 16, 2023, 00:44 »
+2
A core selling point to contributors was the promise that they would be increasing the pool they pay from in line with their customer base growing. It's clear that hasn't happened. Sounds like they've actually done the opposite, reduced the pool for for image contributors by giving template designers a slice of the same money. Honestly I am disgusted.

The current royalty pool is $9.5 million USD on an annualised basis and importantly, it will continue to grow proportionally as Canvas subscription revenue grows.

If we were customers this would be against consumer protection law as mis-selling or fraudulent inducement or whatever. They even emphasise the proportionality as the important part. So * gross.

Which other forum are they posting on? Haven't seen them show their face here for a while.
« Last Edit: September 16, 2023, 03:01 by Justanotherphotographer »

« Reply #52 on: September 16, 2023, 02:16 »
+3
Basically, essentially, Canva can do whatever they want now, and we can kiss their a**. And they do exactly that, because they can and they don't know any better.

I saw in a video or two how they say that at Canva they value human values very much, and in order to work for them you not only have to be a good worker but also a good human.

Is this what Canva is doing to it's contributors last year and a half something what would a good, or at least a fair human do?

I guess we can congratulate Canva for ruining good source of income for many people and ruining their own image and reputation as well.

Mir

« Reply #53 on: September 16, 2023, 04:25 »
+2
Which other forum are they posting on? Haven't seen them show their face here for a while.

These were not posted by Canva in forums, I guess I wasnt clear, sorry.
Just people writing to Canva and receiving these answers, then posting them, I excluded the names etc.

Justanotherphotographer

« Reply #54 on: September 16, 2023, 06:27 »
+1
Thanks

Mir

« Reply #55 on: September 16, 2023, 14:40 »
+1
It seems their royalty pool has grown a lot. There's this info on their site where they explain how royalties work. I can't see info for 2022 though. Not that it matters.

"The size of our Royalty Pool grows with Canvas subscription revenues and is calculated every month. The exact numbers month-per-month is confidential business information. However, we provide public updates on the size of our total Royalty Pool about once per year:"

June 2021: $27.6 million USD annualized


My earnings in 2022 were about 70% of those in 2021 and my earnings this year as of now are not even half of last year, there are a few more months but seeing how it is going I doubt it will get much better.

Justanotherphotographer

« Reply #56 on: September 17, 2023, 02:47 »
0
It seems their royalty pool has grown a lot. There's this info on their site where they explain how royalties work. I can't see info for 2022 though. Not that it matters.

"The size of our Royalty Pool grows with Canvas subscription revenues and is calculated every month. The exact numbers month-per-month is confidential business information. However, we provide public updates on the size of our total Royalty Pool about once per year:"

June 2021: $27.6 million USD annualized


My earnings in 2022 were about 70% of those in 2021 and my earnings this year as of now are not even half of last year, there are a few more months but seeing how it is going I doubt it will get much better.

Assuming there isn't any other creative accounting behind the scenes (a huge assumption) from your quote they seem to have dropped any "in proportion" language. Theoretically sub income could have gone up many times more than their Pool. As long as they are both growing they can still claim they are growing "with" each other.

But the main point is that the original "Royalty Pool" was a pool for image contributors. We don't know whether this section of this new "Royalty Pool" has grown or by how much as they have now started paying other people from the same "Pool".

« Reply #57 on: September 17, 2023, 03:21 »
0
What % of revenue does Canva generate from the total revenue from selling stock photos?

Mir

« Reply #58 on: September 17, 2023, 04:56 »
0
What % of revenue does Canva generate from the total revenue from selling stock photos?

Editing as I misunderstood the question.
« Last Edit: September 17, 2023, 04:59 by Mir »

« Reply #59 on: September 17, 2023, 09:22 »
0
What % of revenue does Canva generate from the total revenue from selling stock photos?
Editing as I misunderstood the question.
What percentage does Canva contribute to total revenue?

ADH

« Reply #60 on: September 17, 2023, 09:29 »
0
All these small agencies will eventually go out of business because greed and AI

« Reply #61 on: September 17, 2023, 16:45 »
+2
All these small agencies will eventually go out of business because greed and AI

Canva is a very long way from being a 'small agency'.

Justanotherphotographer

« Reply #62 on: September 18, 2023, 01:46 »
0
Yes, Canva gets several times the web traffic of Shutterstock. 5x as much according to sites like "similarweb".

« Reply #63 on: September 18, 2023, 02:43 »
+3
Yes, Canva gets several times the web traffic of Shutterstock. 5x as much according to sites like "similarweb".

I am not sure whether web traffic is what you can compare to each other, because Shutterstock is only a microstock agency, while Canva is also a graphic design tool, so part of the traffic is not generated by customers buying images, but using the tools.

I know there are some people who say Canva was their best earner, but if you look at the poll, Canva does not even make it into the top 10 in terms of revenue. I know if you have the right graphics you can probably make a lot of money.
When I signed up with Canva, they told me that they would not accept my images on white background, but that I should make them transparent pngs, because these were the images that would get sold the most on Canva. So, for example, if you have a lot of transparent pngs you will probably do much better there than someone doing travel photos. That's why I think Canva is one of the top earners for some contributors, but not for most. It's just not your typical microstock agency.

« Reply #64 on: September 18, 2023, 05:47 »
+1
Yes, Canva gets several times the web traffic of Shutterstock. 5x as much according to sites like "similarweb".

I am not sure whether web traffic is what you can compare to each other, because Shutterstock is only a microstock agency, while Canva is also a graphic design tool, so part of the traffic is not generated by customers buying images, but using the tools.

I know there are some people who say Canva was their best earner, but if you look at the poll, Canva does not even make it into the top 10 in terms of revenue. I know if you have the right graphics you can probably make a lot of money.
When I signed up with Canva, they told me that they would not accept my images on white background, but that I should make them transparent pngs, because these were the images that would get sold the most on Canva. So, for example, if you have a lot of transparent pngs you will probably do much better there than someone doing travel photos. That's why I think Canva is one of the top earners for some contributors, but not for most. It's just not your typical microstock agency.

I agree that it's not your typical agency, but the design tool drives traffic that requires images/graphics, and these are almost all licensed from the images available in the database. The tool has proved to be so successful, that Shutterstock and other agencies now have similar integrated tools, because the model works.

I don't have any images on white and I've been with Canva since day one. At the beginning, you could submit such images and they had staff who were cutting them out from the background before publishing them. The reality was that such submission sat in the review queue for months on end, so it quickly became clear that you either needed to submit ready prepared png cutouts or not bother, (but I don't even think png submissions were even an option at the start). I had very few images on white, so I didn't bother to submit those, and just uploaded my standard stock images - a mixture of food and drink, backgrounds, travel, wildlife, and a very small collections of people and lifestyle.

However, from an earnings point of view, I've always done pretty well, with Canva  being somewhere in my top 4 each month since 2014 - they've never topped Shutterstock, but often beat Istock or Adobe, and were way higher than other mid-tear sites, such as Dreamstime, 123RF, Depositphotos, etc.

Now my year to date earnings for this year are only 25% of the same period last year.

That's a huge drop.


« Reply #65 on: September 18, 2023, 06:47 »
0
I agree that it's not your typical agency, but the design tool drives traffic that requires images/graphics, and these are almost all licensed from the images available in the database.
Yes, but the traffic you want to compare to traditional microstock agencies is the one people create by searching and buying images. The traffic they create by using the tools is extra traffic that does not 'translate' into sales.
Web traffic is the data sent and received by visitors to a website. Each time someone clicks a button on Canva, that's "traffic". I can get an image on Canva and then spend 3 hours doing a template with it. Creates a lot of traffic, doesn't mean anyone gets extra sales. So that Canva has more traffic than Shutterstock does really not say much about how sucessfull it is for contributors comapare dto other agencies.

Justanotherphotographer

« Reply #66 on: September 18, 2023, 07:18 »
0
... The traffic they create by using the tools is extra traffic that does not 'translate' into sales...

It really, really does when it comes to volume at least. I mentioned in another thread but my volume of sales on Canva every month rivals my total sales on SS over my whole career. Much more than 5X.

Of course they only pay the tiniest fraction of a fraction of a cent per sale, but in volume they are huge.

« Reply #67 on: September 18, 2023, 09:56 »
+1
I can get an image on Canva and then spend 3 hours doing a template with it. Creates a lot of traffic, doesn't mean anyone gets extra sales. So that Canva has more traffic than Shutterstock does really not say much about how sucessfull it is for contributors comapare dto other agencies.

You can do the same on Shutterstock these days, but I appreciate your point about them being essentially different entities.

My point is that earnings are suddenly dropping like a stone.

I don't fully understand how pay is calculated for 'applies' and 'exports' but, looking at the exports for last month, and dividing the earnings I received by the number of times an image was exported, I earned 0.5c per image. When I started with them, I earned 35c per image.

The company is valued at $46 billion, which is hardly surprising if they are giving away our assets for less than a cent.

« Reply #68 on: September 18, 2023, 13:30 »
0
First time I went to read Canva's license and wow, that Pro license is so unfair to contributors, no wonder sales are crashing: "As a Pro subscriber, you will simply be issued with a new One Design Use License for the second, third and fourth designs (and so on). You do not need to pay for these individual licenses, they are included in your subscription. Free users need to pay for a new license for each subsequent design."

Plus, they allow selling on POD and similar, buyers obviously need just slap text over image and that's their "new" design: "All of our photos, fonts and graphics can be used to create designs for printing on products for sale (like t-shirts, mugs, books and other merchandise). Please note, you cant sell standalone prints of Canva content, such as a printout of a stock photo (without any other design elements) on a t-shirt."

I'm not on Canva (luckily), I was just curious because some discussion from people who are heavily using Canva content for reselling on various designs. Sometimes is hard to read and I was convinced it is not allowed but I was wrong, obviously.
« Last Edit: September 18, 2023, 13:46 by Lina »

« Reply #69 on: September 18, 2023, 13:59 »
0
my canva income was down 10-15% from the last 2 years thru June. it's now down 20-30%. still, canva's almost always my 2nd largest earner (after SS)

re the pool - many are ignoring the fact that the total # of images is not static - so, if you're not keeping pace w new uploads, your monthly payment will continue to decrease. combine that w the fact that their rejection rate has gotten much higher.  we know canva's income has tripled, but we don't know how much their overall portfolio has increased.  they had stopped accepting new contributors for awhile, but now they do accept newbies
« Last Edit: September 18, 2023, 14:18 by cascoly »

« Reply #70 on: September 18, 2023, 18:50 »
+1
The least they could do is give us Canva Pro for being a contributor. At least Adobe has enough respect to offer contributors their software.

« Reply #71 on: October 13, 2023, 14:14 »
0
September earnings are posted

applies up 38%, exports up 25%, income up 3.3%

I guess it is good it didn't go down again, but they are getting a lot of use for not much $ for me.

Mir

« Reply #72 on: October 13, 2023, 15:00 »
0
September is worse than August for me. It seems I would be able to say this each new month.
Applies and exports are up.
« Last Edit: October 13, 2023, 15:07 by Mir »

« Reply #73 on: October 13, 2023, 15:25 »
0
I am sure I have seen it over, but where do I see the applies and exports?

Mir

« Reply #74 on: October 13, 2023, 15:31 »
0
https://www.canva.com/creators/element

Select dashboard, it's in the upper left.


 

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