This is my graphics since 2013 the trends are similar for me.
The trend is not a covid problem, it becomes before that but in 2020 covid 19 also affects in the las t months.
For me the logic until 2017 was: if I upload more videos I win more money, and it was true on 2013, 2014, 2015, 2016 and 2017.
But since 2018 upload more video doesn´t mind to get more money.
I think there are multiple reasons, some of them:
- there are much more contribuitors and videos than 3 years ago but the number of customers remains the same.
- envato elements starts at the end of 2016 so part of the videohive customers move to elements (with a never ending and unfair campaing inside of videohive with banners and offers to move to elements)
- maybe there are now more new webs and markets with similar items
-this year the covid 19 situation